HSN Code 15121940 represents Non-Edible Saffola Oil under GST classification. This code helps businesses identify Non-Edible Saffola Oil correctly for billing, taxation, and trade. With HSN Code 15121940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Non-Edible Saffola Oil.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 15121940 relates to the following description.
Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Palm oil and its fractions, whether or not refined, but not chemically modified
Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-edible grade
2.5%
2.5%
5%
0%
Description of Goods
Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-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%
Non-Edible Saffola Oil 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, edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Other
Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed
Cotton-seed oil and its fractions : other : Edible grade
Cotton-seed oil and its fractions : Other : Other
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, edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Other
Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed
Cotton-seed oil and its fractions : other : Edible grade
Cotton-seed oil and its fractions : Other : Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2025-26Nil
0.0000% of India’s total imports
Trade Balance
FY 2025-26< ₹1 Crore
Surplus rank #5190 of 12872 HSN codes
% of Sub-Chapter 1512
FY 2025-260.02%
Share of Sub-Chapter 1512’s total exports in FY 2025-26
Import side: 0.00% of Sub-Chapter 1512’s imports
Rank Within Sub-Chapter 1512
FY 2025-26#8 of 10
Position by export value among HSN codes in Sub-Chapter 1512
At a glance
10.41%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#9602
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+218.18%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.02%
Contribution to Sub-Ch. 1512
Share of Sub-Chapter 1512 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.09
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.23% of Sub-Ch. 1512
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1512
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
Balance
−0.01
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
Balance
+0.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.09% of Sub-Ch. 1512
Imports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.00% of Sub-Ch. 1512
Balance
+0.35
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+218.18% YoY
0.17% of Sub-Ch. 1512
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1512
Balance
0.00
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1512
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
Balance
+0.18
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 1512
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1512
CAGR · 8-Year
Exports
10.41% /yr
Imports
—
reference, FY 2025-26
Export
₹1,034.61 Cr
Import
₹29,415.60 Cr
Trade Balance
−28,380.99
India's exports under HSN Code 15121940 have grown at a compound annual rate of 10.41% over 8 fiscal years, rising from ₹0.09 Crore in FY 2018-19 to ₹0.18 Crore in FY 2025-26.
In FY 2025-26, HSN Code 15121940 ranks #9602 out of 12872 HSN codes by total export value. Within Sub-Chapter 1512, it ranks #8 of 10. By trade surplus, it ranks #5190 of 12872.
The strongest single-year export movement for HSN Code 15121940 was recorded in FY 2023-24, when exports surged by 218.18% over the prior year.
In FY 2025-26, India's exports of ₹0.18 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.18 Crore — ranking #5190 of 12872 by surplus magnitude.
Among the 10 HSN codes under Sub-Chapter 1512, HSN Code 15121940 ranks #8 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.00% share.
Clear answers to common queries about HSN Code 15121940 and GST compliance.
It includes Non-Edible Saffola Oil
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Non-Edible Saffola Oil; Nil for exempt items if applicable).
Under HSN 15121940, Non-Edible Saffola Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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.
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.