HSN Code 15151990: Linseed oil and its fractions : Other : Other

HSN Code 15151990 represents Linseed oil and its fractions : Other : Other under GST classification. This code helps businesses identify Linseed oil and its fractions : Other : Other correctly for billing, taxation, and trade. With HSN Code 15151990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Linseed oil and its fractions : Other : Other.

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Description of Goods for HSN Code 15151990

HSN Code 15151990 relates to the following description.

Description of Goods

Linseed 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

1515 - Other fixed vegetable or microbial fats and oils (including jojoba oil) and their fractions, whether or not refined, but not chemically modified

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 15151990 not include?

Linseed oil and its fractions : Other : Other does not include products with the following descriptions.

HSN Code 15154000

Other fixed vegetable fats and oils (including jojoba oil) and their fractions, whether or not refined, but not chemically modified - tung oil and its fractions

HSN Code 15159010

Other : Fixed vegetable oils, namely the following:chul moogra oil, mawra oil, kokam oil,tobacco seed oil, sal oil

HSN Code 15159020

Other : Fixed vegetable oils, namely the following:neem seed oil, karanj oil, silk cotton seed oil,khakhon oil, water melon oil, kusum oil, rubberseed oil, dhup oil, undi oil, maroti oil, pisa oil,nahar oil

HSN Code 15159030

Other : Fixed vegetable oils, namely the following:cardamom oil, chillies or capsicum oil, turmeric oil, ajwain seed oil, niger seed oil, garlic oil

HSN Code 15159040

Other : Fixed vegetable oils of edible grade namely the following: mango kernel oil, mahua oil, rice bran oil

India’s Trade Performance — HSN Code 15151990 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

₹9 Cr

+4.30% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹21 Cr

+40.24% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹11 Cr

Trade Deficit

Surplus rank #9160 of 12657 HSN codes

% of Sub-Chapter 1515

FY 2024-25

0.09%

Share of Sub-Chapter 1515’s total exports in FY 2024-25

Import side: 2.07% of Sub-Chapter 1515’s imports

Rank Within Sub-Chapter 1515

FY 2024-25

#10 of 19

Position by export value among HSN codes in Sub-Chapter 1515

Import-side rank: #4 of 19

At a glance

23.39%

Export CAGR

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

#5834

National Export Rank

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

+125.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.09%

Contribution to Sub-Ch. 1515

Share of Sub-Chapter 1515 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15151990

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 #6610

Balance

−17.08

Exports

2.68 ₹ Cr

0.0001% share

— YoY

0.04% of Sub-Ch. 1515

Imports

19.76 ₹ Cr

0.0006% share

— YoY

14.45% of Sub-Ch. 1515

FY 2019-20 Exp. Rank #5930

Balance

−17.03

Exports

4.72 ₹ Cr

0.0002% share

+76.12% YoY

0.07% of Sub-Ch. 1515

Imports

21.75 ₹ Cr

0.0006% share

+10.07% YoY

3.12% of Sub-Ch. 1515

FY 2020-21 Exp. Rank #4991

Balance

−15.13

Exports

10.62 ₹ Cr

0.0005% share

+125.00% YoY

0.15% of Sub-Ch. 1515

Imports

25.75 ₹ Cr

0.0009% share

+18.39% YoY

2.48% of Sub-Ch. 1515

FY 2021-22 Exp. Rank #5654

Balance

−32.69

Exports

8.81 ₹ Cr

0.0003% share

−17.04% YoY

0.10% of Sub-Ch. 1515

Imports

41.50 ₹ Cr

0.0009% share

+61.17% YoY

2.53% of Sub-Ch. 1515

FY 2022-23 Exp. Rank #6267

Balance

−31.63

Exports

5.96 ₹ Cr

0.0002% share

−32.35% YoY

0.06% of Sub-Ch. 1515

Imports

37.59 ₹ Cr

0.0007% share

−9.42% YoY

3.37% of Sub-Ch. 1515

FY 2023-24 Exp. Rank #5853

Balance

−5.84

Exports

9.07 ₹ Cr

0.0003% share

+52.18% YoY

0.10% of Sub-Ch. 1515

Imports

14.91 ₹ Cr

0.0003% share

−60.34% YoY

2.47% of Sub-Ch. 1515

FY 2024-25 Exp. Rank #5834

Balance

−11.45

Exports

9.46 ₹ Cr

0.0003% share

+4.30% YoY

0.09% of Sub-Ch. 1515

Imports

20.91 ₹ Cr

0.0003% share

+40.24% YoY

2.07% of Sub-Ch. 1515

CAGR · 7-Year

Exports

23.39% /yr

Imports

0.95% /yr

Consistently Deficit
Sub-Chapter 1515 total

reference, FY 2024-25

Export

₹10,394.26 Cr

Import

₹1,011.07 Cr

Trade Balance

+9,383.19

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

Key Trade Insights: HSN Code 15151990 Export-Import Analysis

Consistent Export Growth: 23.39% CAGR Over 7 Years

India's exports under HSN Code 15151990 have grown at a compound annual rate of 23.39% over 7 fiscal years, rising from ₹2.68 Crore in FY 2018-19 to ₹9.46 Crore in FY 2024-25.

HSN Code 15151990 Ranked #5834 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15151990 ranks #5834 out of 12657 HSN codes by total export value. Within Sub-Chapter 1515, it ranks #10 of 19. By trade surplus, it ranks #9160 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 15151990 Exports

The strongest single-year export movement for HSN Code 15151990 was recorded in FY 2020-21, when exports surged by 125.00% over the prior year.

India Records a Trade Deficit of ₹11.45 Crore in HSN Code 15151990 Goods

In FY 2024-25, India's imports of ₹20.91 Cr exceeded exports of ₹9.46 Cr, resulting in a trade deficit of ₹11.45 Crore — ranking #9160 of 12657 by surplus magnitude.

Import Growth of 0.95% CAGR Signals Stable Import Dependency for Linseed oil and its fractions : Other : Other

India's imports under HSN Code 15151990 have grown at 0.95% CAGR, reaching ₹20.91 Crore in FY 2024-25.

HSN Code 15151990 Contributes 0.09% of Sub-Chapter 1515 Exports — Ranked #10

Among the 19 HSN codes under Sub-Chapter 1515, HSN Code 15151990 ranks #10 by export value — accounting for 0.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.07% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15151990 and GST compliance.

What products are classified under HSN 15151990 ?

It includes Linseed oil and its fractions : Other : Other

How much GST applies to Linseed oil and its fractions : Other : Other?

Under HSN 15151990, Linseed oil and its fractions : Other : Other attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Any common misclassification issue with Linseed oil and its fractions : Other : 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 should mixed supplies be billed when Linseed oil and its fractions : Other : Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Linseed oil and its fractions : Other : Other; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Linseed oil and its fractions : Other : 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.

Can we claim ITC on inputs used to trade Linseed oil and its fractions : Other : Other?

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.