--- title: "HSN Code for Rape oil, crude | HSN 15141120 GST Rate" description: "Find HSN and GST Rates for 15141120 related to Rape oil, crude with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15141120/" --- # HSN Code 15141120: Rape oil, crude - [Section 03: Guide to HSN Section 03](https://busy.in/hsn/section-03/) - [Chapter 15: Animal or Vegetable Fats, Oils and Their Cleavage Products](https://busy.in/hsn/chapter-15/) - [Sub-chapter 1514: Rape seed oil & fractions](https://busy.in/hsn/sub-chapter-1514/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Low erucic acid rape or colza oil and its fractions : Crude oil : Rape oil | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 15141120 ? It includes Rape oil, crude ### Does packaging or labelling change the GST for Rape 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. ### Do e‑way bill and e‑invoice apply for Rape 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. ### Any common misclassification issue with Rape 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. ### How much GST applies to Rape oil, crude? Under HSN 15141120, Rape oil, crude attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Can we claim ITC on inputs used to trade Rape 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 Rape oil, crude is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rape oil, crude; Nil for exempt items if applicable). ## India's trade performance: HSN Code 15141120 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+55.00% YoY) — 0.0000% of India's total exports - Imports: ₹88 Cr (+52.42% YoY) — 0.0015% of India's total imports - Trade balance: −₹88 Cr (Deficit); surplus rank #10698 of 12657 HSN codes - Share of Sub-Chapter 1514: 0.14% of its exports; import side 71.82% - Rank within Sub-Chapter 1514: #6 of 13 by export value; import-side #1 ### Key metrics - Export CAGR: 77.24% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #9185 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +55.00% in FY 2024-25 - Contribution to Sub-Ch. 1514: 0.14% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15141120 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 1514 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1514 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.02% | 841.92 | 0.0235% | — | 98.24% | −841.91 | #9921 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | 200.64 | 0.0060% | −76.17% | 59.22% | −200.64 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.01% | 266.92 | 0.0092% | +33.03% | 98.01% | −266.91 | #9985 | | FY 2021-22 | Nil | 0.0000% | −100.00% | 0.00% | 549.28 | 0.0120% | +105.78% | 97.50% | −549.28 | — | | FY 2022-23 | < ₹1 Crore | 0.0000% | — | 0.10% | 35.91 | 0.0006% | −93.46% | 86.78% | −35.74 | #9384 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +17.65% | 0.10% | 57.84 | 0.0010% | +61.07% | 85.08% | −57.64 | #9440 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +55.00% | 0.14% | 88.16 | 0.0015% | +52.42% | 71.82% | −87.85 | #9185 | - CAGR (7-year): exports 77.24%/yr, imports -31.35%/yr (consistently Deficit) ## Key trade insights: HSN Code 15141120 export-import analysis ### Consistent export growth: 77.24% CAGR over 7 years India's exports under HSN Code 15141120 have grown at a compound annual rate of 77.24% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹0.31 Crore in FY 2024-25. ### HSN Code 15141120 ranked #9185 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15141120 ranks #9185 out of 12657 HSN codes by total export value. Within Sub-Chapter 1514, it ranks #6 of 13. By trade surplus, it ranks #10698 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 15141120 exports The strongest single-year export movement for HSN Code 15141120 was recorded in FY 2024-25, when exports surged by 55.00% over the prior year. ### India records a trade deficit of ₹87.85 Crore in HSN Code 15141120 goods In FY 2024-25, India's imports of ₹88.16 Cr exceeded exports of ₹0.31 Cr, resulting in a trade deficit of ₹87.85 Crore — ranking #10698 of 12657 by surplus magnitude. ### Import growth of -31.35% CAGR signals stable import dependency for Rape oil, crude India's imports under HSN Code 15141120 have grown at -31.35% CAGR, reaching ₹88.16 Crore in FY 2024-25. ### HSN Code 15141120 contributes 0.14% of Sub-Chapter 1514 exports — ranked #6 Among the 13 HSN codes under Sub-Chapter 1514, HSN Code 15141120 ranks #6 by export value — accounting for 0.14% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 71.82% share (rank #1). ## Related HSN Codes in Sub-Chapter 1514 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 15149120: Crude Oil & Mustard Oil](https://busy.in/hsn/hsn-15149120/) | ₹154 Cr | | #2 | [HSN Code 15149990: Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified](https://busy.in/hsn/hsn-15149990/) | ₹32 Cr | | #3 | [HSN Code 15141920: Refined rapeseed oil, edible grade](https://busy.in/hsn/hsn-15141920/) | ₹15 Cr | | #4 | [HSN Code 15149920: Refined mustard oil – Edible grade](https://busy.in/hsn/hsn-15149920/) | ₹11 Cr | | #5 | [HSN Code 15149930: Refined rapeseed oil: Edible grade](https://busy.in/hsn/hsn-15149930/) | < ₹1 Crore | | #6 | HSN Code 15141120: Rape oil, crude (this hsn code) | < ₹1 Crore | | #7 | [HSN Code 15149190: Other \| Crude Oil](https://busy.in/hsn/hsn-15149190/) | < ₹1 Crore | | #8 | [HSN Code 15141910: Refined colza oil, edible grade](https://busy.in/hsn/hsn-15141910/) | < ₹1 Crore | | #9 | [HSN Code 15141990: Low erucic acid rape/colza oil & fractions – Other](https://busy.in/hsn/hsn-15141990/) | < ₹1 Crore | | #10 | [HSN Code 15141110: Colza oil, crude](https://busy.in/hsn/hsn-15141110/) | < ₹1 Crore |