HSN Code 15161000: Animal Fats & Oils

HSN Code 15161000 represents Animal Fats & Oils under GST classification. This code helps businesses identify Animal Fats & Oils correctly for billing, taxation, and trade. With HSN Code 15161000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Animal Fats & Oils.

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 15161000

HSN Code 15161000 relates to the following description.

Description of Goods

Animal fats and oils and their fractions

Chapter

15 - Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes

Sub Chapter

1516 - Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 15161000 not include?

Animal Fats & Oils does not include products with the following descriptions.

Vegetable fats and oils and their fractions : Cotton Seed oil : Edible grade

Vegetable fats and oils and their fractions : Hydrogenated castor oil (opal-wax) : Edible grade

Vegetable fats and oils and their fractions : Hydrogenated castor oil (opal-wax) : Other

India’s Trade Performance — HSN Code 15161000 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 Crore

+273.33% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4759 of 12657 HSN codes

% of Sub-Chapter 1516

FY 2024-25

0.06%

Share of Sub-Chapter 1516’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 1516’s imports

Rank Within Sub-Chapter 1516

FY 2024-25

#8 of 10

Position by export value among HSN codes in Sub-Chapter 1516

At a glance

24.55%

Export CAGR

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

#8734

National Export Rank

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

+273.33%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.06%

Contribution to Sub-Ch. 1516

Share of Sub-Chapter 1516 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15161000

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 #8982

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2019-20 Exp. Rank #8749

Balance

+0.23

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+53.33% YoY

0.04% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2020-21 Exp. Rank #8780

Balance

+0.23

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.04% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2021-22 Exp. Rank #10198

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.65% YoY

0.00% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2023-24 Exp. Rank #9590

Balance

+0.15

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2024-25 Exp. Rank #8734

Balance

+0.56

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+273.33% YoY

0.06% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

CAGR · 7-Year

Exports

24.55% /yr

Imports

Consistently Surplus
Sub-Chapter 1516 total

reference, FY 2024-25

Export

₹954.15 Cr

Import

₹385.66 Cr

Trade Balance

+568.49

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

Key Trade Insights: HSN Code 15161000 Export-Import Analysis

Consistent Export Growth: 24.55% CAGR Over 7 Years

India's exports under HSN Code 15161000 have grown at a compound annual rate of 24.55% over 7 fiscal years, rising from ₹0.15 Crore in FY 2018-19 to ₹0.56 Crore in FY 2024-25.

HSN Code 15161000 Ranked #8734 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15161000 ranks #8734 out of 12657 HSN codes by total export value. Within Sub-Chapter 1516, it ranks #8 of 10. By trade surplus, it ranks #4759 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 15161000 Exports

The strongest single-year export movement for HSN Code 15161000 was recorded in FY 2024-25, when exports surged by 273.33% over the prior year.

India Maintains a Trade Surplus of ₹0.56 Crore in HSN Code 15161000 Goods

In FY 2024-25, India's exports of ₹0.56 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.56 Crore — ranking #4759 of 12657 by surplus magnitude.

HSN Code 15161000 Contributes 0.06% of Sub-Chapter 1516 Exports — Ranked #8

Among the 10 HSN codes under Sub-Chapter 1516, HSN Code 15161000 ranks #8 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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 15161000 and GST compliance.

What products are classified under HSN 15161000 ?

It includes Animal Fats & Oils

How should mixed supplies be billed when Animal Fats & Oils is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Animal Fats & Oils; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Animal Fats & Oils?

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 Animal Fats & Oils?

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 Animal Fats & Oils?

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.

Any common misclassification issue with Animal Fats & Oils?

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.

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.