HSN Code 15155010: Seasame Oil And Fractions| Crude Oil

HSN Code 15155010 represents Seasame Oil And Fractions| Crude Oil under GST classification. This code helps businesses identify Seasame Oil And Fractions| Crude Oil correctly for billing, taxation, and trade. With HSN Code 15155010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Seasame Oil And Fractions| Crude Oil.

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Description of Goods for HSN Code 15155010

HSN Code 15155010 relates to the following description.

Description of Goods

Seasame oil and its fractions : Crude oil

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 15155010 not include?

Seasame Oil And Fractions| Crude Oil 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 15155010 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

₹64 Cr

+10.27% vs FY 2023-24

0.0017% of India’s total exports

India’s Imports

FY 2024-25

₹19 Cr

−23.09% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹45 Cr

Trade Surplus

Surplus rank #2237 of 12657 HSN codes

% of Sub-Chapter 1515

FY 2024-25

0.61%

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

Import side: 1.85% of Sub-Chapter 1515’s imports

Rank Within Sub-Chapter 1515

FY 2024-25

#7 of 19

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

Import-side rank: #5 of 19

At a glance

258.70%

Export CAGR

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

#3280

National Export Rank

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

+44,266.67%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.61%

Contribution to Sub-Ch. 1515

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

India Export-Import Trade Statistics for HSN Code 15155010

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 #9664

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 1515

FY 2019-20 Exp. Rank #4649

Balance

−15.37

Exports

13.31 ₹ Cr

0.0006% share

+44,266.67% YoY

0.20% of Sub-Ch. 1515

Imports

28.68 ₹ Cr

0.0009% share

+2,86,700.00% YoY

4.11% of Sub-Ch. 1515

FY 2020-21 Exp. Rank #3318

Balance

+30.21

Exports

38.75 ₹ Cr

0.0018% share

+191.13% YoY

0.55% of Sub-Ch. 1515

Imports

8.54 ₹ Cr

0.0003% share

−70.22% YoY

0.82% of Sub-Ch. 1515

FY 2021-22 Exp. Rank #3598

Balance

+40.79

Exports

42.28 ₹ Cr

0.0013% share

+9.11% YoY

0.48% of Sub-Ch. 1515

Imports

1.49 ₹ Cr

0.0000% share

−82.55% YoY

0.09% of Sub-Ch. 1515

FY 2022-23 Exp. Rank #3278

Balance

+58.07

Exports

58.09 ₹ Cr

0.0016% share

+37.39% YoY

0.58% of Sub-Ch. 1515

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.66% YoY

0.00% of Sub-Ch. 1515

FY 2023-24 Exp. Rank #3325

Balance

+33.61

Exports

57.95 ₹ Cr

0.0016% share

−0.24% YoY

0.63% of Sub-Ch. 1515

Imports

24.34 ₹ Cr

0.0004% share

+1,21,600.00% YoY

4.03% of Sub-Ch. 1515

FY 2024-25 Exp. Rank #3280

Balance

+45.18

Exports

63.90 ₹ Cr

0.0017% share

+10.27% YoY

0.61% of Sub-Ch. 1515

Imports

18.72 ₹ Cr

0.0003% share

−23.09% YoY

1.85% of Sub-Ch. 1515

CAGR · 7-Year

Exports

258.70% /yr

Imports

251.06% /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 15155010 Export-Import Analysis

Consistent Export Growth: 258.70% CAGR Over 7 Years

India's exports under HSN Code 15155010 have grown at a compound annual rate of 258.70% over 7 fiscal years, rising from ₹0.03 Crore in FY 2018-19 to ₹63.90 Crore in FY 2024-25.

HSN Code 15155010 Ranked #3280 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15155010 ranks #3280 out of 12657 HSN codes by total export value. Within Sub-Chapter 1515, it ranks #7 of 19. By trade surplus, it ranks #2237 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 15155010 Exports

The strongest single-year export movement for HSN Code 15155010 was recorded in FY 2019-20, when exports surged by 44,266.67% over the prior year.

India Maintains a Trade Surplus of ₹45.18 Crore in HSN Code 15155010 Goods

In FY 2024-25, India's exports of ₹63.90 Cr exceeded imports of ₹18.72 Cr, resulting in a trade surplus of ₹45.18 Crore — ranking #2237 of 12657 by surplus magnitude.

Import Growth of 251.06% CAGR Signals Rising Demand for Seasame Oil And Fractions| Crude Oil

India's imports under HSN Code 15155010 have grown at 251.06% CAGR, reaching ₹18.72 Crore in FY 2024-25.

HSN Code 15155010 Contributes 0.61% of Sub-Chapter 1515 Exports — Ranked #7

Among the 19 HSN codes under Sub-Chapter 1515, HSN Code 15155010 ranks #7 by export value — accounting for 0.61% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.85% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15155010 and GST compliance.

What products are classified under HSN 15155010 ?

It includes Seasame Oil And Fractions| Crude Oil

How much GST applies to Seasame Oil And Fractions/ Crude Oil?

Under HSN 15155010, Seasame Oil And Fractions/ Crude Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Does packaging or labelling change the GST for Seasame Oil And Fractions/ Crude 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.

Any common misclassification issue with Seasame Oil And Fractions/ Crude 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 should mixed supplies be billed when Seasame Oil And Fractions/ Crude Oil is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Seasame Oil And Fractions/ Crude Oil; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Seasame Oil And Fractions/ Crude 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.

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.