HSN Code 15152990: Maize (Corn) oil & fractions – Other

HSN Code 15152990 represents Maize (Corn) oil & fractions – Other under GST classification. This code helps businesses identify Maize (Corn) oil & fractions – Other correctly for billing, taxation, and trade. With HSN Code 15152990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Maize (Corn) oil & fractions – Other.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 15152990

HSN Code 15152990 relates to the following description.

Description of Goods

Maize (Corn) 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 15152990 not include?

Maize (Corn) oil & fractions – Other does not include products with the following descriptions.

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

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

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

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

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

India’s Trade Performance — HSN Code 15152990 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 Cr

−60.71% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−33.33% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4595 of 12657 HSN codes

% of Sub-Chapter 1515

FY 2024-25

0.01%

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

Import side: 0.03% of Sub-Chapter 1515’s imports

Rank Within Sub-Chapter 1515

FY 2024-25

#17 of 19

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

Import-side rank: #12 of 19

At a glance

22.85%

Export CAGR

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

#8169

National Export Rank

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

+471.43%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.01%

Contribution to Sub-Ch. 1515

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

India Export-Import Trade Statistics for HSN Code 15152990

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 #8491

Balance

+0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.10% of Sub-Ch. 1515

FY 2019-20 Exp. Rank #8241

Balance

+0.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+46.88% YoY

0.01% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+61.54% YoY

0.03% of Sub-Ch. 1515

FY 2020-21 Exp. Rank #7974

Balance

+0.46

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+46.81% YoY

0.01% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+9.52% YoY

0.02% of Sub-Ch. 1515

FY 2021-22 Exp. Rank #7593

Balance

+1.47

Exports

1.54 ₹ Cr

0.0000% share

+123.19% YoY

0.02% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−69.57% YoY

0.00% of Sub-Ch. 1515

FY 2022-23 Exp. Rank #8693

Balance

+0.24

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−68.18% YoY

0.00% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+257.14% YoY

0.02% of Sub-Ch. 1515

FY 2023-24 Exp. Rank #7221

Balance

+2.38

Exports

2.80 ₹ Cr

0.0001% share

+471.43% YoY

0.03% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+68.00% YoY

0.07% of Sub-Ch. 1515

FY 2024-25 Exp. Rank #8169

Balance

+0.82

Exports

1.10 ₹ Cr

0.0000% share

−60.71% YoY

0.01% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−33.33% YoY

0.03% of Sub-Ch. 1515

CAGR · 7-Year

Exports

22.85% /yr

Imports

13.64% /yr

Consistently Surplus
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 15152990 Export-Import Analysis

Consistent Export Growth: 22.85% CAGR Over 7 Years

India's exports under HSN Code 15152990 have grown at a compound annual rate of 22.85% over 7 fiscal years, rising from ₹0.32 Crore in FY 2018-19 to ₹1.10 Crore in FY 2024-25.

HSN Code 15152990 Ranked #8169 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15152990 ranks #8169 out of 12657 HSN codes by total export value. Within Sub-Chapter 1515, it ranks #17 of 19. By trade surplus, it ranks #4595 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 15152990 Exports

The strongest single-year export movement for HSN Code 15152990 was recorded in FY 2023-24, when exports surged by 471.43% over the prior year.

India Maintains a Trade Surplus of ₹0.82 Crore in HSN Code 15152990 Goods

In FY 2024-25, India's exports of ₹1.10 Cr exceeded imports of ₹0.28 Cr, resulting in a trade surplus of ₹0.82 Crore — ranking #4595 of 12657 by surplus magnitude.

Import Growth of 13.64% CAGR Signals Rising Demand for Maize (Corn) oil & fractions – Other

India's imports under HSN Code 15152990 have grown at 13.64% CAGR, reaching ₹0.28 Crore in FY 2024-25.

HSN Code 15152990 Contributes 0.01% of Sub-Chapter 1515 Exports — Ranked #17

Among the 19 HSN codes under Sub-Chapter 1515, HSN Code 15152990 ranks #17 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #12).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 15152990 and GST compliance.

What products are classified under HSN 15152990 ?

It includes Maize (Corn) oil & fractions – Other

Any common misclassification issue with Maize (Corn) 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.

Does packaging or labelling change the GST for Maize (Corn) 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.

How much GST applies to Maize (Corn) oil & fractions – Other?

Under HSN 15152990, Maize (Corn) oil & fractions – Other attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Can we claim ITC on inputs used to trade Maize (Corn) oil & fractions – 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.

How should mixed supplies be billed when Maize (Corn) 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 Maize (Corn) oil & fractions – Other; Nil for exempt items if applicable).

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.