HSN Code 15141190: Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil

HSN Code 15141190 represents Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil under GST classification. This code helps businesses identify Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil correctly for billing, taxation, and trade. With HSN Code 15141190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil.

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Description of Goods for HSN Code 15141190

HSN Code 15141190 relates to the following description.

Description of Goods

Low erucic acid rape or colza oil and its fractions : Crude oil : Other

Chapter

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

Sub Chapter

1514 - Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 15141190 not include?

Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil does not include products with the following descriptions.

Low erucic acid rape or colza oil and its fractions : Crude oil : Colza oil

Low erucic acid rape or colza oil and its fractions : Other : Refined colza oil of edible grade

Low erucic acid rape or colza oil and its fractions : Other : Refined rapeseed oil of edible grade

India’s Trade Performance — HSN Code 15141190 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

−76.67% 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 #5322 of 12657 HSN codes

% of Sub-Chapter 1514

FY 2024-25

0.03%

Share of Sub-Chapter 1514’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 1514’s imports

Rank Within Sub-Chapter 1514

FY 2024-25

#11 of 13

Position by export value among HSN codes in Sub-Chapter 1514

At a glance

#9908

National Export Rank

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

+414.29%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.03%

Contribution to Sub-Ch. 1514

Share of Sub-Chapter 1514 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15141190

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. 1514

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1514

FY 2019-20 Exp. Rank #9016

Balance

+0.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.27% of Sub-Ch. 1514

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1514

FY 2020-21 Exp. Rank #7940

Balance

+0.72

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+414.29% YoY

0.67% of Sub-Ch. 1514

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1514

FY 2021-22 Exp. Rank #9201

Balance

+0.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−72.22% YoY

0.17% of Sub-Ch. 1514

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1514

FY 2022-23 Exp. Rank #9559

Balance

+0.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−40.00% YoY

0.07% of Sub-Ch. 1514

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1514

FY 2023-24 Exp. Rank #9181

Balance

+0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+150.00% YoY

0.16% of Sub-Ch. 1514

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1514

FY 2024-25 Exp. Rank #9908

Balance

+0.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−76.67% YoY

0.03% of Sub-Ch. 1514

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1514

Sub-Chapter 1514 total

reference, FY 2024-25

Export

₹213.99 Cr

Import

₹122.75 Cr

Trade Balance

+91.24

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

Key Trade Insights: HSN Code 15141190 Export-Import Analysis

Export Snapshot for HSN Code 15141190

India exported ₹0.07 Crore worth of Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 15141190 Ranked #9908 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15141190 ranks #9908 out of 12657 HSN codes by total export value. Within Sub-Chapter 1514, it ranks #11 of 13. By trade surplus, it ranks #5322 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 15141190 Exports

The strongest single-year export movement for HSN Code 15141190 was recorded in FY 2020-21, when exports surged by 414.29% over the prior year.

India Maintains a Trade Surplus of ₹0.07 Crore in HSN Code 15141190 Goods

In FY 2024-25, India's exports of ₹0.07 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.07 Crore — ranking #5322 of 12657 by surplus magnitude.

HSN Code 15141190 Contributes 0.03% of Sub-Chapter 1514 Exports — Ranked #11

Among the 13 HSN codes under Sub-Chapter 1514, HSN Code 15141190 ranks #11 by export value — accounting for 0.03% 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 15141190 and GST compliance.

What products are classified under HSN 15141190 ?

It includes Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil

Do e‑way bill and e‑invoice apply for Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil?

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 Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil?

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.

Can we claim ITC on inputs used to trade Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil?

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.

Any common misclassification issue with Low Erucic Acid Rape or Colza Oil & Fractions: Crude 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.

How much GST applies to Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil?

Under HSN 15141190, Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil 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.