HSN Code 15162019: Vegetable fats & oils – Cotton seed oil – Other

HSN Code 15162019 represents Vegetable fats & oils – Cotton seed oil – Other under GST classification. This code helps businesses identify Vegetable fats & oils – Cotton seed oil – Other correctly for billing, taxation, and trade. With HSN Code 15162019, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vegetable fats & oils – Cotton seed oil – Other.

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Description of Goods for HSN Code 15162019

HSN Code 15162019 relates to the following description.

Description of Goods

Vegetable fats and oils and their fractions : Cotton Seed oil : Other

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 15162019 not include?

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

HSN Code 15162011

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

HSN Code 15162031

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

HSN Code 15162039

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

India’s Trade Performance — HSN Code 15162019 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

₹2 Cr

+120.56% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+724.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4974 of 12657 HSN codes

% of Sub-Chapter 1516

FY 2024-25

0.25%

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

Import side: 0.53% of Sub-Chapter 1516’s imports

Rank Within Sub-Chapter 1516

FY 2024-25

#6 of 10

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

Import-side rank: #4 of 10

At a glance

−19.10%

Export CAGR

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

#7453

National Export Rank

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

+120.56%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.25%

Contribution to Sub-Ch. 1516

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

India Export-Import Trade Statistics for HSN Code 15162019

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 #5203

Balance

+8.32

Exports

8.42 ₹ Cr

0.0004% share

— YoY

1.56% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.06% of Sub-Ch. 1516

FY 2019-20 Exp. Rank #7468

Balance

+1.01

Exports

1.15 ₹ Cr

0.0001% share

−86.34% YoY

0.19% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+40.00% YoY

0.08% of Sub-Ch. 1516

FY 2020-21 Exp. Rank #7950

Balance

+0.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−38.26% YoY

0.12% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+150.00% YoY

0.14% of Sub-Ch. 1516

FY 2021-22 Exp. Rank #7733

Balance

+1.25

Exports

1.33 ₹ Cr

0.0000% share

+87.32% YoY

0.17% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−77.14% YoY

0.02% of Sub-Ch. 1516

FY 2022-23 Exp. Rank #8319

Balance

+0.54

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−42.11% YoY

0.07% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+187.50% YoY

0.10% of Sub-Ch. 1516

FY 2023-24 Exp. Rank #8187

Balance

+0.82

Exports

1.07 ₹ Cr

0.0000% share

+38.96% YoY

0.14% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+8.70% YoY

0.14% of Sub-Ch. 1516

FY 2024-25 Exp. Rank #7453

Balance

+0.30

Exports

2.36 ₹ Cr

0.0001% share

+120.56% YoY

0.25% of Sub-Ch. 1516

Imports

2.06 ₹ Cr

0.0000% share

+724.00% YoY

0.53% of Sub-Ch. 1516

CAGR · 7-Year

Exports

−19.10% /yr

Imports

65.57% /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 15162019 Export-Import Analysis

Export Decline: −19.10% CAGR Over 7 Years

India's exports under HSN Code 15162019 have declined at a compound annual rate of −19.10% over 7 fiscal years, falling from ₹8.42 Crore in FY 2018-19 to ₹2.36 Crore in FY 2024-25.

HSN Code 15162019 Ranked #7453 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15162019 ranks #7453 out of 12657 HSN codes by total export value. Within Sub-Chapter 1516, it ranks #6 of 10. By trade surplus, it ranks #4974 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 15162019 Exports

The strongest single-year export movement for HSN Code 15162019 was recorded in FY 2024-25, when exports surged by 120.56% over the prior year.

India Maintains a Trade Surplus of ₹0.30 Crore in HSN Code 15162019 Goods

In FY 2024-25, India's exports of ₹2.36 Cr exceeded imports of ₹2.06 Cr, resulting in a trade surplus of ₹0.30 Crore — ranking #4974 of 12657 by surplus magnitude.

Import Growth of 65.57% CAGR Signals Rising Demand for Vegetable fats & oils – Cotton seed oil – Other

India's imports under HSN Code 15162019 have grown at 65.57% CAGR, reaching ₹2.06 Crore in FY 2024-25.

HSN Code 15162019 Contributes 0.25% of Sub-Chapter 1516 Exports — Ranked #6

Among the 10 HSN codes under Sub-Chapter 1516, HSN Code 15162019 ranks #6 by export value — accounting for 0.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.53% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15162019 and GST compliance.

What products are classified under HSN 15162019 ?

It includes Vegetable fats & oils – Cotton seed oil – Other

Does packaging or labelling change the GST for Vegetable fats & oils – Cotton seed oil – 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.

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

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 – 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.

How much GST applies to Vegetable fats & oils – Cotton seed oil – Other?

Under HSN 15162019, Vegetable fats & oils – Cotton seed oil – Other attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Vegetable fats & oils – Cotton seed oil – Other 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 – 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.