HSN Code 15149990: Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified

HSN Code 15149990 represents Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified under GST classification. This code helps businesses identify Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified correctly for billing, taxation, and trade. With HSN Code 15149990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified.

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Description of Goods for HSN Code 15149990

HSN Code 15149990 relates to the following description.

Description of Goods

Other : 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 15149990 not include?

Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified 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 15149990 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

₹32 Cr

+53.72% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−73.17% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹32 Cr

Trade Surplus

Surplus rank #2491 of 12657 HSN codes

% of Sub-Chapter 1514

FY 2024-25

14.88%

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

Import side: 0.18% of Sub-Chapter 1514’s imports

Rank Within Sub-Chapter 1514

FY 2024-25

#2 of 13

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

Import-side rank: #6 of 13

At a glance

127.46%

Export CAGR

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

#4242

National Export Rank

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

+978.26%

Peak Growth Year

FY 2019-20 · strongest single-year move

14.88%

Contribution to Sub-Ch. 1514

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

India Export-Import Trade Statistics for HSN Code 15149990

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 #8711

Balance

+0.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.45% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 1514

FY 2019-20 Exp. Rank #6703

Balance

+2.44

Exports

2.48 ₹ Cr

0.0001% share

+978.26% YoY

4.76% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−33.33% YoY

0.01% of Sub-Ch. 1514

FY 2020-21 Exp. Rank #5519

Balance

+6.94

Exports

6.98 ₹ Cr

0.0003% share

+181.45% YoY

6.53% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.01% of Sub-Ch. 1514

FY 2021-22 Exp. Rank #6048

Balance

+5.05

Exports

6.41 ₹ Cr

0.0002% share

−8.17% YoY

5.55% of Sub-Ch. 1514

Imports

1.36 ₹ Cr

0.0000% share

+3,300.00% YoY

0.24% of Sub-Ch. 1514

FY 2022-23 Exp. Rank #5649

Balance

+9.76

Exports

9.83 ₹ Cr

0.0003% share

+53.35% YoY

5.70% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−94.85% YoY

0.17% of Sub-Ch. 1514

FY 2023-24 Exp. Rank #4730

Balance

+19.90

Exports

20.72 ₹ Cr

0.0006% share

+110.78% YoY

10.73% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1,071.43% YoY

1.21% of Sub-Ch. 1514

FY 2024-25 Exp. Rank #4242

Balance

+31.63

Exports

31.85 ₹ Cr

0.0009% share

+53.72% YoY

14.88% of Sub-Ch. 1514

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−73.17% YoY

0.18% of Sub-Ch. 1514

CAGR · 7-Year

Exports

127.46% /yr

Imports

24.18% /yr

Consistently Surplus
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 15149990 Export-Import Analysis

Consistent Export Growth: 127.46% CAGR Over 7 Years

India's exports under HSN Code 15149990 have grown at a compound annual rate of 127.46% over 7 fiscal years, rising from ₹0.23 Crore in FY 2018-19 to ₹31.85 Crore in FY 2024-25.

HSN Code 15149990 Ranked #4242 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15149990 ranks #4242 out of 12657 HSN codes by total export value. Within Sub-Chapter 1514, it ranks #2 of 13. By trade surplus, it ranks #2491 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 15149990 Exports

The strongest single-year export movement for HSN Code 15149990 was recorded in FY 2019-20, when exports surged by 978.26% over the prior year.

India Maintains a Trade Surplus of ₹31.63 Crore in HSN Code 15149990 Goods

In FY 2024-25, India's exports of ₹31.85 Cr exceeded imports of ₹0.22 Cr, resulting in a trade surplus of ₹31.63 Crore — ranking #2491 of 12657 by surplus magnitude.

Import Growth of 24.18% CAGR Signals Rising Demand for Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified

India's imports under HSN Code 15149990 have grown at 24.18% CAGR, reaching ₹0.22 Crore in FY 2024-25.

HSN Code 15149990 Contributes 14.88% of Sub-Chapter 1514 Exports — Ranked #2

Among the 13 HSN codes under Sub-Chapter 1514, HSN Code 15149990 ranks #2 by export value — accounting for 14.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.18% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15149990 and GST compliance.

What products are classified under HSN 15149990 ?

It includes Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified

How much GST applies to Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified?

Under HSN 15149990, Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified?

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, Colza, Mustard Oils & Fractions – Not Elsewhere Specified?

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.

Can we claim ITC on inputs used to trade Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified?

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.

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.