HSN Code 15121990: Other sunflower or safflower oil and fractions

HSN Code 15121990 represents Other sunflower or safflower oil and fractions under GST classification. This code helps businesses identify Other sunflower or safflower oil and fractions correctly for billing, taxation, and trade. With HSN Code 15121990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other sunflower or safflower oil and fractions.

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Description of Goods for HSN Code 15121990

HSN Code 15121990 relates to the following description.

Description of Goods

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

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 15121990 not include?

Other sunflower or safflower oil and fractions does not include products with the following descriptions.

HSN Code 15121110

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

HSN Code 15121120

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

HSN Code 15121910

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

HSN Code 15121920

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

HSN Code 15121930

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

HSN Code 15121940

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

HSN Code 15122100

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

India’s Trade Performance — HSN Code 15121990 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

₹4 Cr

−2.97% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

−36.81% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹2 Cr

Trade Surplus

Surplus rank #4230 of 12657 HSN codes

% of Sub-Chapter 1512

FY 2024-25

1.19%

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

Import side: 0.01% of Sub-Chapter 1512’s imports

Rank Within Sub-Chapter 1512

FY 2024-25

#3 of 10

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

Import-side rank: #4 of 10

At a glance

11.68%

Export CAGR

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

#6907

National Export Rank

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

+175.61%

Peak Growth Year

FY 2020-21 · strongest single-year move

1.19%

Contribution to Sub-Ch. 1512

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

India Export-Import Trade Statistics for HSN Code 15121990

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 #6939

Balance

+1.54

Exports

2.02 ₹ Cr

0.0001% share

— YoY

5.15% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1512

FY 2019-20 Exp. Rank #7780

Balance

−0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−59.41% YoY

2.03% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+87.50% YoY

0.01% of Sub-Ch. 1512

FY 2020-21 Exp. Rank #6838

Balance

+1.30

Exports

2.26 ₹ Cr

0.0001% share

+175.61% YoY

4.65% of Sub-Ch. 1512

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+6.67% YoY

0.01% of Sub-Ch. 1512

FY 2021-22 Exp. Rank #7308

Balance

+0.63

Exports

2.02 ₹ Cr

0.0001% share

−10.62% YoY

1.97% of Sub-Ch. 1512

Imports

1.39 ₹ Cr

0.0000% share

+44.79% YoY

0.01% of Sub-Ch. 1512

FY 2022-23 Exp. Rank #6967

Balance

+1.99

Exports

3.11 ₹ Cr

0.0001% share

+53.96% YoY

2.59% of Sub-Ch. 1512

Imports

1.12 ₹ Cr

0.0000% share

−19.42% YoY

0.00% of Sub-Ch. 1512

FY 2023-24 Exp. Rank #6829

Balance

+0.97

Exports

4.04 ₹ Cr

0.0001% share

+29.90% YoY

1.95% of Sub-Ch. 1512

Imports

3.07 ₹ Cr

0.0001% share

+174.11% YoY

0.01% of Sub-Ch. 1512

FY 2024-25 Exp. Rank #6907

Balance

+1.98

Exports

3.92 ₹ Cr

0.0001% share

−2.97% YoY

1.19% of Sub-Ch. 1512

Imports

1.94 ₹ Cr

0.0000% share

−36.81% YoY

0.01% of Sub-Ch. 1512

CAGR · 7-Year

Exports

11.68% /yr

Imports

26.21% /yr

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 15121990 Export-Import Analysis

Consistent Export Growth: 11.68% CAGR Over 7 Years

India's exports under HSN Code 15121990 have grown at a compound annual rate of 11.68% over 7 fiscal years, rising from ₹2.02 Crore in FY 2018-19 to ₹3.92 Crore in FY 2024-25.

HSN Code 15121990 Ranked #6907 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15121990 ranks #6907 out of 12657 HSN codes by total export value. Within Sub-Chapter 1512, it ranks #3 of 10. By trade surplus, it ranks #4230 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 15121990 Exports

The strongest single-year export movement for HSN Code 15121990 was recorded in FY 2020-21, when exports surged by 175.61% over the prior year.

India Maintains a Trade Surplus of ₹1.98 Crore in HSN Code 15121990 Goods

In FY 2024-25, India's exports of ₹3.92 Cr exceeded imports of ₹1.94 Cr, resulting in a trade surplus of ₹1.98 Crore — ranking #4230 of 12657 by surplus magnitude.

Import Growth of 26.21% CAGR Signals Rising Demand for Other sunflower or safflower oil and fractions

India's imports under HSN Code 15121990 have grown at 26.21% CAGR, reaching ₹1.94 Crore in FY 2024-25.

HSN Code 15121990 Contributes 1.19% of Sub-Chapter 1512 Exports — Ranked #3

Among the 10 HSN codes under Sub-Chapter 1512, HSN Code 15121990 ranks #3 by export value — accounting for 1.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15121990 and GST compliance.

What products are classified under HSN 15121990 ?

It includes Other sunflower or safflower oil and fractions

Any common misclassification issue with Other sunflower or safflower oil and fractions?

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.

Does packaging or labelling change the GST for Other sunflower or safflower oil and fractions?

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.

How much GST applies to Other sunflower or safflower oil and fractions?

Under HSN 15121990, Other sunflower or safflower oil and fractions attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Do e‑way bill and e‑invoice apply for Other sunflower or safflower oil and fractions?

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 should mixed supplies be billed when Other sunflower or safflower oil and fractions is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other sunflower or safflower oil and fractions; Nil for exempt items if applicable).

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.