HSN Code 15121930: Saffola oil, edible grade

HSN Code 15121930 represents Saffola oil, edible grade under GST classification. This code helps businesses identify Saffola oil, edible grade correctly for billing, taxation, and trade. With HSN Code 15121930, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Saffola oil, edible grade.

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Description of Goods for HSN Code 15121930

HSN Code 15121930 relates to the following description.

Description of Goods

Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, edible grade

Chapter

15 - Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes

Sub Chapter

1512 - Palm oil and its fractions, whether or not refined, but not chemically modified

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 15121930 not include?

Saffola oil, edible grade does not include products with the following descriptions.

Sunflower seed or safflower oil and fractions thereof : Crude oil : Sunflower seed oil

Sunflower seed or safflower oil and fractions thereof : Crude oil : Safflower seed oil (kardi seed oil)

Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, edible grade

Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, non-edible grade (other than crude oil)

Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-edible grade

Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed

India’s Trade Performance — HSN Code 15121930 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹2 Cr

−37.10% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4331 of 12657 HSN codes

% of Sub-Chapter 1512

FY 2024-25

0.47%

Share of Sub-Chapter 1512’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 1512’s imports

Rank Within Sub-Chapter 1512

FY 2024-25

#7 of 10

Position by export value among HSN codes in Sub-Chapter 1512

At a glance

−7.74%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#7826

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+81.97%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.47%

Contribution to Sub-Ch. 1512

Share of Sub-Chapter 1512 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15121930

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #6684

Balance

+2.22

Exports

2.53 ₹ Cr

0.0001% share

YoY

6.45% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1512

FY 2019-20 Exp. Rank #6537

Balance

+2.76

Exports

2.84 ₹ Cr

0.0001% share

+12.25% YoY

7.03% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−74.19% YoY

0.00% of Sub-Ch. 1512

FY 2020-21 Exp. Rank #7067

Balance

+1.63

Exports

1.85 ₹ Cr

0.0001% share

−34.86% YoY

3.81% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+175.00% YoY

0.00% of Sub-Ch. 1512

FY 2021-22 Exp. Rank #7421

Balance

+1.32

Exports

1.83 ₹ Cr

0.0001% share

−1.08% YoY

1.78% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+131.82% YoY

0.00% of Sub-Ch. 1512

FY 2022-23 Exp. Rank #6890

Balance

+2.99

Exports

3.33 ₹ Cr

0.0001% share

+81.97% YoY

2.77% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−33.33% YoY

0.00% of Sub-Ch. 1512

FY 2023-24 Exp. Rank #7351

Balance

+2.44

Exports

2.48 ₹ Cr

0.0001% share

−25.53% YoY

1.20% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−88.24% YoY

0.00% of Sub-Ch. 1512

FY 2024-25 Exp. Rank #7826

Balance

+1.56

Exports

1.56 ₹ Cr

0.0000% share

−37.10% YoY

0.47% of Sub-Ch. 1512

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1512

CAGR · 7-Year

Exports

−7.74% /yr

Imports

Consistently Surplus
Sub-Chapter 1512 total

reference, FY 2024-25

Export

₹329.16 Cr

Import

₹31,460.20 Cr

Trade Balance

−31,131.04

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 15121930 Export-Import Analysis

Export Decline: −7.74% CAGR Over 7 Years

India's exports under HSN Code 15121930 have declined at a compound annual rate of −7.74% over 7 fiscal years, falling from ₹2.53 Crore in FY 2018-19 to ₹1.56 Crore in FY 2024-25.

HSN Code 15121930 Ranked #7826 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15121930 ranks #7826 out of 12657 HSN codes by total export value. Within Sub-Chapter 1512, it ranks #7 of 10. By trade surplus, it ranks #4331 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 15121930 Exports

The strongest single-year export movement for HSN Code 15121930 was recorded in FY 2022-23, when exports surged by 81.97% over the prior year.

India Maintains a Trade Surplus of ₹1.56 Crore in HSN Code 15121930 Goods

In FY 2024-25, India's exports of ₹1.56 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹1.56 Crore — ranking #4331 of 12657 by surplus magnitude.

HSN Code 15121930 Contributes 0.47% of Sub-Chapter 1512 Exports — Ranked #7

Among the 10 HSN codes under Sub-Chapter 1512, HSN Code 15121930 ranks #7 by export value — accounting for 0.47% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15121930 and GST compliance.

What products are classified under HSN 15121930 ?

It includes Saffola oil, edible grade

Any common misclassification issue with Saffola oil, edible grade?

Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Saffola oil, edible grade?

If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Do e‑way bill and e‑invoice apply for Saffola oil, edible grade?

Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

How much GST applies to Saffola oil, edible grade?

Under HSN 15121930, Saffola oil, edible grade attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Does packaging or labelling change the GST for Saffola oil, edible grade?

For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.