--- title: "HSN Code for Crude Oil & Mustard Oil | HSN 15149120 GST Rate" description: "Find HSN and GST Rates for 15149120 related to Crude Oil & Mustard Oil with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15149120/" --- # HSN Code 15149120: Crude Oil & Mustard Oil - [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 | | --- | --- | --- | --- | --- | | Other : Crude oil : Mustard oil | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 15149120 ? It includes Crude Oil & Mustard Oil ### Do e‑way bill and e‑invoice apply for Crude Oil & Mustard 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. ### Any common misclassification issue with Crude Oil & Mustard 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 Crude Oil & Mustard Oil? Under HSN 15149120, Crude Oil & Mustard Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### How should mixed supplies be billed when Crude Oil & Mustard Oil is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Crude Oil & Mustard Oil; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Crude Oil & Mustard 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. ### Does packaging or labelling change the GST for Crude Oil & Mustard 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. ## India's trade performance: HSN Code 15149120 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹154 Cr (+18.02% YoY) — 0.0042% of India's total exports - Imports: < ₹1 Crore (−96.43% YoY) — 0.0000% of India's total imports - Trade balance: ₹154 Cr (Surplus); surplus rank #1318 of 12657 HSN codes - Share of Sub-Chapter 1514: 72.09% of its exports; import side 0.01% - Rank within Sub-Chapter 1514: #1 of 13 by export value; import-side #8 ### Key metrics - Export CAGR: 398.93% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2123 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +14,000.00% in FY 2019-20 - Contribution to Sub-Ch. 1514: 72.09% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15149120 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% | Nil | 0.0000% | — | 0.00% | +0.01 | #9921 | | FY 2019-20 | 1.41 | 0.0001% | +14,000.00% | 2.71% | 27.00 | 0.0008% | — | 7.97% | −25.59 | #7273 | | FY 2020-21 | 4.27 | 0.0002% | +202.84% | 3.99% | < ₹1 Crore | 0.0000% | −99.52% | 0.05% | +4.14 | #6118 | | FY 2021-22 | 32.07 | 0.0010% | +651.05% | 27.74% | < ₹1 Crore | 0.0000% | +607.69% | 0.16% | +31.15 | #3964 | | FY 2022-23 | 103.81 | 0.0029% | +223.70% | 60.23% | < ₹1 Crore | 0.0000% | −59.78% | 0.89% | +103.44 | #2478 | | FY 2023-24 | 130.71 | 0.0036% | +25.91% | 67.71% | < ₹1 Crore | 0.0000% | −24.32% | 0.41% | +130.43 | #2261 | | FY 2024-25 | 154.26 | 0.0042% | +18.02% | 72.09% | < ₹1 Crore | 0.0000% | −96.43% | 0.01% | +154.25 | #2123 | - CAGR (7-year): exports 398.93%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 15149120 export-import analysis ### Consistent export growth: 398.93% CAGR over 7 years India's exports under HSN Code 15149120 have grown at a compound annual rate of 398.93% over 7 fiscal years, rising from ₹0.01 Crore in FY 2018-19 to ₹154.26 Crore in FY 2024-25. ### HSN Code 15149120 ranked #2123 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15149120 ranks #2123 out of 12657 HSN codes by total export value. Within Sub-Chapter 1514, it ranks #1 of 13. By trade surplus, it ranks #1318 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 15149120 exports The strongest single-year export movement for HSN Code 15149120 was recorded in FY 2019-20, when exports surged by 14,000.00% over the prior year. ### India maintains a trade surplus of ₹154.25 Crore in HSN Code 15149120 goods In FY 2024-25, India's exports of ₹154.26 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹154.25 Crore — ranking #1318 of 12657 by surplus magnitude. ### HSN Code 15149120 contributes 72.09% of Sub-Chapter 1514 exports — ranked #1 Among the 13 HSN codes under Sub-Chapter 1514, HSN Code 15149120 ranks #1 by export value — accounting for 72.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #8). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-15141120/) | < ₹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 |