HSN Code 15141990: Low erucic acid rape/colza oil & fractions – Other

HSN Code 15141990 represents Low erucic acid rape/colza oil & fractions – Other under GST classification. This code helps businesses identify Low erucic acid rape/colza oil & fractions – Other correctly for billing, taxation, and trade. With HSN Code 15141990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Low erucic acid rape/colza oil & fractions – Other.

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Description of Goods for HSN Code 15141990

HSN Code 15141990 relates to the following description.

Description of Goods

Low erucic acid rape or colza oil and its fractions : Other : 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 15141990 not include?

Low erucic acid rape/colza oil & fractions – Other does not include products with the following descriptions.

HSN Code 15141110

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

HSN Code 15141910

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

HSN Code 15141920

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

India’s Trade Performance — HSN Code 15141990 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

−75.95% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

+108.62% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #7914 of 12657 HSN codes

% of Sub-Chapter 1514

FY 2024-25

0.09%

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

Import side: 0.99% of Sub-Chapter 1514’s imports

Rank Within Sub-Chapter 1514

FY 2024-25

#9 of 13

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

Import-side rank: #4 of 13

At a glance

−15.17%

Export CAGR

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

#9447

National Export Rank

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

+262.50%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.09%

Contribution to Sub-Ch. 1514

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

India Export-Import Trade Statistics for HSN Code 15141990

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 #8168

Balance

−0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.99% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.08% of Sub-Ch. 1514

FY 2019-20 Exp. Rank #7511

Balance

+0.71

Exports

1.10 ₹ Cr

0.0000% share

+115.69% YoY

2.11% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−44.29% YoY

0.12% of Sub-Ch. 1514

FY 2020-21 Exp. Rank #6801

Balance

+2.05

Exports

2.34 ₹ Cr

0.0001% share

+112.73% YoY

2.19% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−25.64% YoY

0.11% of Sub-Ch. 1514

FY 2021-22 Exp. Rank #8606

Balance

−0.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−79.49% YoY

0.42% of Sub-Ch. 1514

Imports

1.12 ₹ Cr

0.0000% share

+286.21% YoY

0.20% of Sub-Ch. 1514

FY 2022-23 Exp. Rank #7579

Balance

+0.55

Exports

1.74 ₹ Cr

0.0000% share

+262.50% YoY

1.01% of Sub-Ch. 1514

Imports

1.19 ₹ Cr

0.0000% share

+6.25% YoY

2.88% of Sub-Ch. 1514

FY 2023-24 Exp. Rank #8443

Balance

+0.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−54.60% YoY

0.41% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−51.26% YoY

0.85% of Sub-Ch. 1514

FY 2024-25 Exp. Rank #9447

Balance

−1.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−75.95% YoY

0.09% of Sub-Ch. 1514

Imports

1.21 ₹ Cr

0.0000% share

+108.62% YoY

0.99% of Sub-Ch. 1514

CAGR · 7-Year

Exports

−15.17% /yr

Imports

9.55% /yr

Consistently Deficit
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 15141990 Export-Import Analysis

Export Decline: −15.17% CAGR Over 7 Years

India's exports under HSN Code 15141990 have declined at a compound annual rate of −15.17% over 7 fiscal years, falling from ₹0.51 Crore in FY 2018-19 to ₹0.19 Crore in FY 2024-25.

HSN Code 15141990 Ranked #9447 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15141990 ranks #9447 out of 12657 HSN codes by total export value. Within Sub-Chapter 1514, it ranks #9 of 13. By trade surplus, it ranks #7914 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 15141990 Exports

The strongest single-year export movement for HSN Code 15141990 was recorded in FY 2022-23, when exports surged by 262.50% over the prior year.

India Records a Trade Deficit of ₹1.02 Crore in HSN Code 15141990 Goods

In FY 2024-25, India's imports of ₹1.21 Cr exceeded exports of ₹0.19 Cr, resulting in a trade deficit of ₹1.02 Crore — ranking #7914 of 12657 by surplus magnitude.

Import Growth of 9.55% CAGR Signals Stable Import Dependency for Low erucic acid rape/colza oil & fractions – Other

India's imports under HSN Code 15141990 have grown at 9.55% CAGR, reaching ₹1.21 Crore in FY 2024-25.

HSN Code 15141990 Contributes 0.09% of Sub-Chapter 1514 Exports — Ranked #9

Among the 13 HSN codes under Sub-Chapter 1514, HSN Code 15141990 ranks #9 by export value — accounting for 0.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.99% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15141990 and GST compliance.

What products are classified under HSN 15141990 ?

It includes Low erucic acid rape/colza oil & fractions – Other

Any common misclassification issue with Low erucic acid rape/colza oil & fractions – 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 much GST applies to Low erucic acid rape/colza oil & fractions – Other?

Under HSN 15141990, Low erucic acid rape/colza oil & fractions – 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 Low erucic acid rape/colza oil & fractions – 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.

How should mixed supplies be billed when Low erucic acid rape/colza oil & fractions – Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Low erucic acid rape/colza oil & fractions – Other; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Low erucic acid rape/colza oil & fractions – 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.

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.