HSN Code 15132120: Babassu oil, crude

HSN Code 15132120 represents Babassu oil, crude under GST classification. This code helps businesses identify Babassu oil, crude correctly for billing, taxation, and trade. With HSN Code 15132120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Babassu oil, crude.

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Description of Goods for HSN Code 15132120

HSN Code 15132120 relates to the following description.

Description of Goods

Palm kernel or babassu oil and fractions thereof : Crude Oil : Babassu oil

Chapter

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

Sub Chapter

1513 - Sunflower seed, safflower or cotton seed oil and their fractions thereof, whether or not refined, but not chemically modified

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 15132120 not include?

Babassu oil, crude does not include products with the following descriptions.

HSN Code 15132110

Palm kernel or babassu oil and fractions thereof : Crude Oil : Palm kernel oil

HSN Code 15132910

Palm kernel or babassu oil and fractions thereof : Other : Palm kernel oil and its fractions

HSN Code 15132920

Palm kernel or babassu oil and fractions thereof : Other : Babassu oil and its fractions edible grade

HSN Code 15132930

Palm kernel or babassu oil and fractions thereof : Other : Babassu oil and its fractions, other than edible grade

India’s Trade Performance — HSN Code 15132120 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

< ₹1 Crore

−40.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5468 of 12657 HSN codes

% of Sub-Chapter 1513

FY 2024-25

0.01%

Share of Sub-Chapter 1513’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 1513’s imports

Rank Within Sub-Chapter 1513

FY 2024-25

#7 of 8

Position by export value among HSN codes in Sub-Chapter 1513

At a glance

#10193

National Export Rank

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

−40.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.01%

Contribution to Sub-Ch. 1513

Share of Sub-Chapter 1513 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15132120

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

FY 2021-22 Exp. Rank #10198

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1513

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

FY 2023-24 Exp. Rank #10057

Balance

+0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 1513

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

FY 2024-25 Exp. Rank #10193

Balance

+0.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−40.00% YoY

0.01% of Sub-Ch. 1513

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1513

Sub-Chapter 1513 total

reference, FY 2024-25

Export

₹450.95 Cr

Import

₹1,381.19 Cr

Trade Balance

−930.24

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

Key Trade Insights: HSN Code 15132120 Export-Import Analysis

Export Snapshot for HSN Code 15132120

India exported ₹0.03 Crore worth of Babassu oil, crude in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 15132120 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15132120 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 1513, it ranks #7 of 8. By trade surplus, it ranks #5468 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 15132120 Exports

The strongest single-year export movement for HSN Code 15132120 was recorded in FY 2024-25, when exports declined by 40.00% over the prior year.

India Maintains a Trade Surplus of ₹0.03 Crore in HSN Code 15132120 Goods

In FY 2024-25, India's exports of ₹0.03 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.03 Crore — ranking #5468 of 12657 by surplus magnitude.

HSN Code 15132120 Contributes 0.01% of Sub-Chapter 1513 Exports — Ranked #7

Among the 8 HSN codes under Sub-Chapter 1513, HSN Code 15132120 ranks #7 by export value — accounting for 0.01% 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 15132120 and GST compliance.

What products are classified under HSN 15132120 ?

It includes Babassu oil, crude

Any common misclassification issue with Babassu oil, crude?

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 Babassu oil, crude?

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.

How should mixed supplies be billed when Babassu oil, crude is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Babassu oil, crude; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Babassu oil, crude?

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.

Does packaging or labelling change the GST for Babassu oil, crude?

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 Babassu oil, crude?

Under HSN 15132120, Babassu oil, crude attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

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.