HSN Code 15162011: Vegetable fats & oils – Cotton seed oil – Edible grade

HSN Code 15162011 represents Vegetable fats & oils – Cotton seed oil – Edible grade under GST classification. This code helps businesses identify Vegetable fats & oils – Cotton seed oil – Edible grade correctly for billing, taxation, and trade. With HSN Code 15162011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vegetable fats & oils – Cotton seed oil – Edible grade.

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Description of Goods for HSN Code 15162011

HSN Code 15162011 relates to the following description.

Description of Goods

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

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

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 15162011 not include?

Vegetable fats & oils – Cotton seed oil – Edible grade does not include products with the following descriptions.

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 15162011 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

−30.86% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+25.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹1 Cr

Trade Surplus

Surplus rank #4463 of 12657 HSN codes

% of Sub-Chapter 1516

FY 2024-25

0.13%

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

Import side: 0.01% of Sub-Chapter 1516’s imports

Rank Within Sub-Chapter 1516

FY 2024-25

#7 of 10

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

Import-side rank: #8 of 10

At a glance

−23.51%

Export CAGR

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

#8081

National Export Rank

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

+161.19%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.13%

Contribution to Sub-Ch. 1516

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

India Export-Import Trade Statistics for HSN Code 15162011

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 #5637

Balance

+5.79

Exports

6.04 ₹ Cr

0.0003% share

YoY

1.12% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.16% of Sub-Ch. 1516

FY 2019-20 Exp. Rank #6138

Balance

+3.63

Exports

3.94 ₹ Cr

0.0002% share

−34.77% YoY

0.65% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+24.00% YoY

0.18% of Sub-Ch. 1516

FY 2020-21 Exp. Rank #7371

Balance

+1.37

Exports

1.37 ₹ Cr

0.0001% share

−65.23% YoY

0.23% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1516

FY 2021-22 Exp. Rank #7490

Balance

+1.39

Exports

1.69 ₹ Cr

0.0001% share

+23.36% YoY

0.21% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.07% of Sub-Ch. 1516

FY 2022-23 Exp. Rank #8438

Balance

+0.19

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−60.36% YoY

0.06% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+60.00% YoY

0.21% of Sub-Ch. 1516

FY 2023-24 Exp. Rank #7713

Balance

+1.71

Exports

1.75 ₹ Cr

0.0000% share

+161.19% YoY

0.22% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−91.67% YoY

0.02% of Sub-Ch. 1516

FY 2024-25 Exp. Rank #8081

Balance

+1.16

Exports

1.21 ₹ Cr

0.0000% share

−30.86% YoY

0.13% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+25.00% YoY

0.01% of Sub-Ch. 1516

CAGR · 7-Year

Exports

−23.51% /yr

Imports

−23.53% /yr

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 15162011 Export-Import Analysis

Export Decline: −23.51% CAGR Over 7 Years

India's exports under HSN Code 15162011 have declined at a compound annual rate of −23.51% over 7 fiscal years, falling from ₹6.04 Crore in FY 2018-19 to ₹1.21 Crore in FY 2024-25.

HSN Code 15162011 Ranked #8081 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15162011 ranks #8081 out of 12657 HSN codes by total export value. Within Sub-Chapter 1516, it ranks #7 of 10. By trade surplus, it ranks #4463 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 15162011 Exports

The strongest single-year export movement for HSN Code 15162011 was recorded in FY 2023-24, when exports surged by 161.19% over the prior year.

India Maintains a Trade Surplus of ₹1.16 Crore in HSN Code 15162011 Goods

In FY 2024-25, India's exports of ₹1.21 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹1.16 Crore — ranking #4463 of 12657 by surplus magnitude.

Import Growth of −23.53% CAGR Signals Stable Import Dependency for Vegetable fats & oils – Cotton seed oil – Edible grade

India's imports under HSN Code 15162011 have grown at −23.53% CAGR, reaching ₹0.05 Crore in FY 2024-25.

HSN Code 15162011 Contributes 0.13% of Sub-Chapter 1516 Exports — Ranked #7

Among the 10 HSN codes under Sub-Chapter 1516, HSN Code 15162011 ranks #7 by export value — accounting for 0.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15162011 and GST compliance.

What products are classified under HSN 15162011 ?

It includes Vegetable fats & oils – Cotton seed oil – Edible grade

How should mixed supplies be billed when Vegetable fats & oils – Cotton seed oil – Edible grade is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vegetable fats & oils – Cotton seed oil – Edible grade; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Vegetable fats & oils – Cotton seed oil – Edible grade?

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.

Any common misclassification issue with Vegetable fats & oils – Cotton seed oil – Edible grade?

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 Vegetable fats & oils – Cotton seed oil – Edible grade?

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.

Can we claim ITC on inputs used to trade Vegetable fats & oils – Cotton seed oil – Edible grade?

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 much GST applies to Vegetable fats & oils – Cotton seed oil – Edible grade?

Under HSN 15162011, Vegetable fats & oils – Cotton seed oil – Edible grade attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

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.