HSN Code 15159040: Mango Kernel, Mahua & Rice Bran Oil

HSN Code 15159040 represents Mango Kernel, Mahua & Rice Bran Oil under GST classification. This code helps businesses identify Mango Kernel, Mahua & Rice Bran Oil correctly for billing, taxation, and trade. With HSN Code 15159040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Mango Kernel, Mahua & Rice Bran Oil .

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Description of Goods for HSN Code 15159040

HSN Code 15159040 relates to the following description.

Description of Goods

Other : Fixed vegetable oils of edible grade namely the following: mango kernel oil, mahua oil, rice bran 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 15159040 not include?

Mango Kernel, Mahua & Rice Bran 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

India’s Trade Performance — HSN Code 15159040 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

₹205 Cr

+24.76% vs FY 2023-24

0.0056% of India’s total exports

India’s Imports

FY 2024-25

₹151 Cr

+160.27% vs FY 2023-24

0.0025% of India’s total imports

Trade Balance

FY 2024-25

₹54 Cr

Trade Surplus

Surplus rank #2082 of 12657 HSN codes

% of Sub-Chapter 1515

FY 2024-25

1.97%

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

Import side: 14.91% of Sub-Chapter 1515’s imports

Rank Within Sub-Chapter 1515

FY 2024-25

#3 of 19

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

Import-side rank: #2 of 19

At a glance

7.81%

Export CAGR

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

#1812

National Export Rank

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

+24.76%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.97%

Contribution to Sub-Ch. 1515

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

India Export-Import Trade Statistics for HSN Code 15159040

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 #1720

Balance

+70.63

Exports

130.68 ₹ Cr

0.0057% share

YoY

2.12% of Sub-Ch. 1515

Imports

60.05 ₹ Cr

0.0017% share

YoY

43.91% of Sub-Ch. 1515

FY 2019-20 Exp. Rank #1749

Balance

−334.67

Exports

126.72 ₹ Cr

0.0058% share

−3.03% YoY

1.94% of Sub-Ch. 1515

Imports

461.39 ₹ Cr

0.0138% share

+668.34% YoY

66.19% of Sub-Ch. 1515

FY 2020-21 Exp. Rank #1899

Balance

−586.22

Exports

119.01 ₹ Cr

0.0055% share

−6.08% YoY

1.68% of Sub-Ch. 1515

Imports

705.23 ₹ Cr

0.0242% share

+52.85% YoY

67.97% of Sub-Ch. 1515

FY 2021-22 Exp. Rank #2179

Balance

−181.52

Exports

120.54 ₹ Cr

0.0038% share

+1.29% YoY

1.38% of Sub-Ch. 1515

Imports

302.06 ₹ Cr

0.0066% share

−57.17% YoY

18.38% of Sub-Ch. 1515

FY 2022-23 Exp. Rank #2145

Balance

+16.28

Exports

138.85 ₹ Cr

0.0038% share

+15.19% YoY

1.39% of Sub-Ch. 1515

Imports

122.57 ₹ Cr

0.0021% share

−59.42% YoY

10.99% of Sub-Ch. 1515

FY 2023-24 Exp. Rank #2005

Balance

+106.55

Exports

164.47 ₹ Cr

0.0045% share

+18.45% YoY

1.78% of Sub-Ch. 1515

Imports

57.92 ₹ Cr

0.0010% share

−52.75% YoY

9.60% of Sub-Ch. 1515

FY 2024-25 Exp. Rank #1812

Balance

+54.44

Exports

205.19 ₹ Cr

0.0056% share

+24.76% YoY

1.97% of Sub-Ch. 1515

Imports

150.75 ₹ Cr

0.0025% share

+160.27% YoY

14.91% of Sub-Ch. 1515

CAGR · 7-Year

Exports

7.81% /yr

Imports

16.58% /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 15159040 Export-Import Analysis

Consistent Export Growth: 7.81% CAGR Over 7 Years

India's exports under HSN Code 15159040 have grown at a compound annual rate of 7.81% over 7 fiscal years, rising from ₹130.68 Crore in FY 2018-19 to ₹205.19 Crore in FY 2024-25.

HSN Code 15159040 Ranked #1812 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15159040 ranks #1812 out of 12657 HSN codes by total export value. Within Sub-Chapter 1515, it ranks #3 of 19. By trade surplus, it ranks #2082 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 15159040 Exports

The strongest single-year export movement for HSN Code 15159040 was recorded in FY 2024-25, when exports surged by 24.76% over the prior year.

India Maintains a Trade Surplus of ₹54.44 Crore in HSN Code 15159040 Goods

In FY 2024-25, India's exports of ₹205.19 Cr exceeded imports of ₹150.75 Cr, resulting in a trade surplus of ₹54.44 Crore — ranking #2082 of 12657 by surplus magnitude.

Import Growth of 16.58% CAGR Signals Rising Demand for Mango Kernel, Mahua & Rice Bran Oil

India's imports under HSN Code 15159040 have grown at 16.58% CAGR, reaching ₹150.75 Crore in FY 2024-25.

HSN Code 15159040 Contributes 1.97% of Sub-Chapter 1515 Exports — Ranked #3

Among the 19 HSN codes under Sub-Chapter 1515, HSN Code 15159040 ranks #3 by export value — accounting for 1.97% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.91% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15159040 and GST compliance.

What products are classified under HSN 15159040 ?

It includes Mango Kernel, Mahua & Rice Bran Oil

Any common misclassification issue with Mango Kernel, Mahua & Rice Bran 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 Mango Kernel, Mahua & Rice Bran Oil is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Mango Kernel, Mahua & Rice Bran Oil; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Mango Kernel, Mahua & Rice Bran 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.

Does packaging or labelling change the GST for Mango Kernel, Mahua & Rice Bran 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.

How much GST applies to Mango Kernel, Mahua & Rice Bran Oil?

Under HSN 15159040, Mango Kernel, Mahua & Rice Bran Oil 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 Mango Kernel, Mahua & Rice Bran 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.