HSN Code 15132990: Palm kernel oil: Other

HSN Code 15132990 represents Palm kernel oil: Other under GST classification. This code helps businesses identify Palm kernel oil: Other correctly for billing, taxation, and trade. With HSN Code 15132990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Palm kernel oil: Other.

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Description of Goods for HSN Code 15132990

HSN Code 15132990 relates to the following description.

Description of Goods

Palm kernel or babassu 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

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 15132990 not include?

Palm kernel oil: Other 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 15132990 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

+40.31% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

+203.95% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹11 Cr

Trade Deficit

Surplus rank #9143 of 12657 HSN codes

% of Sub-Chapter 1513

FY 2024-25

0.40%

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

Import side: 0.95% of Sub-Chapter 1513’s imports

Rank Within Sub-Chapter 1513

FY 2024-25

#3 of 8

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

Import-side rank: #3 of 8

At a glance

6.22%

Export CAGR

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

#7692

National Export Rank

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

+268.57%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.40%

Contribution to Sub-Ch. 1513

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

India Export-Import Trade Statistics for HSN Code 15132990

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 #7408

Balance

−5.92

Exports

1.26 ₹ Cr

0.0001% share

— YoY

0.91% of Sub-Ch. 1513

Imports

7.18 ₹ Cr

0.0002% share

— YoY

0.89% of Sub-Ch. 1513

FY 2019-20 Exp. Rank #6730

Balance

−3.09

Exports

2.42 ₹ Cr

0.0001% share

+92.06% YoY

1.66% of Sub-Ch. 1513

Imports

5.51 ₹ Cr

0.0002% share

−23.26% YoY

0.78% of Sub-Ch. 1513

FY 2020-21 Exp. Rank #7363

Balance

−0.33

Exports

1.38 ₹ Cr

0.0001% share

−42.98% YoY

0.53% of Sub-Ch. 1513

Imports

1.71 ₹ Cr

0.0001% share

−68.97% YoY

0.21% of Sub-Ch. 1513

FY 2021-22 Exp. Rank #8062

Balance

−8.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−34.06% YoY

0.21% of Sub-Ch. 1513

Imports

9.38 ₹ Cr

0.0002% share

+448.54% YoY

0.73% of Sub-Ch. 1513

FY 2022-23 Exp. Rank #8954

Balance

−4.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−61.54% YoY

0.08% of Sub-Ch. 1513

Imports

4.43 ₹ Cr

0.0001% share

−52.77% YoY

0.36% of Sub-Ch. 1513

FY 2023-24 Exp. Rank #8001

Balance

−3.01

Exports

1.29 ₹ Cr

0.0000% share

+268.57% YoY

0.36% of Sub-Ch. 1513

Imports

4.30 ₹ Cr

0.0001% share

−2.93% YoY

0.49% of Sub-Ch. 1513

FY 2024-25 Exp. Rank #7692

Balance

−11.26

Exports

1.81 ₹ Cr

0.0000% share

+40.31% YoY

0.40% of Sub-Ch. 1513

Imports

13.07 ₹ Cr

0.0002% share

+203.95% YoY

0.95% of Sub-Ch. 1513

CAGR · 7-Year

Exports

6.22% /yr

Imports

10.50% /yr

Consistently Deficit
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 15132990 Export-Import Analysis

Consistent Export Growth: 6.22% CAGR Over 7 Years

India's exports under HSN Code 15132990 have grown at a compound annual rate of 6.22% over 7 fiscal years, rising from ₹1.26 Crore in FY 2018-19 to ₹1.81 Crore in FY 2024-25.

HSN Code 15132990 Ranked #7692 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15132990 ranks #7692 out of 12657 HSN codes by total export value. Within Sub-Chapter 1513, it ranks #3 of 8. By trade surplus, it ranks #9143 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 15132990 Exports

The strongest single-year export movement for HSN Code 15132990 was recorded in FY 2023-24, when exports surged by 268.57% over the prior year.

India Records a Trade Deficit of ₹11.26 Crore in HSN Code 15132990 Goods

In FY 2024-25, India's imports of ₹13.07 Cr exceeded exports of ₹1.81 Cr, resulting in a trade deficit of ₹11.26 Crore — ranking #9143 of 12657 by surplus magnitude.

Import Growth of 10.50% CAGR Signals Rising Demand for Palm kernel oil: Other

India's imports under HSN Code 15132990 have grown at 10.50% CAGR, reaching ₹13.07 Crore in FY 2024-25.

HSN Code 15132990 Contributes 0.40% of Sub-Chapter 1513 Exports — Ranked #3

Among the 8 HSN codes under Sub-Chapter 1513, HSN Code 15132990 ranks #3 by export value — accounting for 0.40% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.95% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15132990 and GST compliance.

What products are classified under HSN 15132990 ?

It includes Palm kernel oil: Other

How much GST applies to Palm kernel oil: Other?

Under HSN 15132990, Palm kernel oil: Other 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 Palm kernel oil: Other?

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 Palm kernel oil: Other?

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.

Any common misclassification issue with Palm kernel oil: Other?

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.

How should mixed supplies be billed when Palm kernel oil: Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Palm kernel oil: Other; 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.