---
title: "HSN Code for Vegetable fats & oils – Groundnut oil – Other | HSN 15162029 GST Rate"
description: "Find HSN and GST Rates for 15162029 related to Vegetable fats & oils – Groundnut oil – Other with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-15162029/"
---

# HSN Code 15162029: Vegetable fats & oils – Groundnut oil – Other

- [Section 03: Guide to HSN Section 03](https://busy.in/hsn/section-03/)
- [Chapter 15: Animal or Vegetable Fats, Oils and Their Cleavage Products](https://busy.in/hsn/chapter-15/)
- [Sub-chapter 1516: Partially hydrogenated animal/veg oils](https://busy.in/hsn/sub-chapter-1516/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Vegetable fats and oils and their fractions : Groundnut oil : other | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### What products are classified under HSN 15162029 ?

It includes Vegetable fats & oils – Groundnut oil – Other

### How much GST applies to Vegetable fats & oils – Groundnut oil – Other?

Under HSN 15162029, Vegetable fats & oils – Groundnut oil – Other attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

### Do e‑way bill and e‑invoice apply for Vegetable fats & oils – Groundnut 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.

### Does packaging or labelling change the GST for Vegetable fats & oils – Groundnut 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.

### Any common misclassification issue with Vegetable fats & oils – Groundnut 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 should mixed supplies be billed when Vegetable fats & oils – Groundnut 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 – Groundnut oil – Other; Nil for exempt items if applicable).

## India's trade performance: HSN Code 15162029 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹3 Cr (+19.72% YoY) — 0.0001% of India's total exports
- Imports: ₹1 Cr (−3.28% YoY) — 0.0000% of India's total imports
- Trade balance: ₹2 Cr (Surplus); surplus rank #4178 of 12657 HSN codes
- Share of Sub-Chapter 1516: 0.36% of its exports; import side 0.31%
- Rank within Sub-Chapter 1516: #5 of 10 by export value; import-side #6

### Key metrics

- Export CAGR: -16.94% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7040 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +22.55% in FY 2021-22
- Contribution to Sub-Ch. 1516: 0.36% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 15162029

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 1516 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1516 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 10.54 | 0.0005% | — | 1.95% | < ₹1 Crore | 0.0000% | — | 0.38% | +9.95 | #4931 |
| FY 2019-20 | 5.58 | 0.0003% | −47.06% | 0.92% | < ₹1 Crore | 0.0000% | −28.81% | 0.25% | +5.16 | #5721 |
| FY 2020-21 | 2.35 | 0.0001% | −57.89% | 0.40% | < ₹1 Crore | 0.0000% | +19.05% | 0.21% | +1.85 | #6797 |
| FY 2021-22 | 2.88 | 0.0001% | +22.55% | 0.36% | < ₹1 Crore | 0.0000% | +36.00% | 0.17% | +2.20 | #6935 |
| FY 2022-23 | 2.73 | 0.0001% | −5.21% | 0.23% | < ₹1 Crore | 0.0000% | −57.35% | 0.13% | +2.44 | #7097 |
| FY 2023-24 | 2.89 | 0.0001% | +5.86% | 0.37% | 1.22 | 0.0000% | +320.69% | 0.67% | +1.67 | #7190 |
| FY 2024-25 | 3.46 | 0.0001% | +19.72% | 0.36% | 1.18 | 0.0000% | −3.28% | 0.31% | +2.28 | #7040 |

- CAGR (7-year): exports -16.94%/yr, imports 12.25%/yr (consistently Surplus)

## Key trade insights: HSN Code 15162029 export-import analysis

### Export decline: -16.94% CAGR over 7 years

India's exports under HSN Code 15162029 have declined at a compound annual rate of -16.94% over 7 fiscal years, falling from ₹10.54 Crore in FY 2018-19 to ₹3.46 Crore in FY 2024-25.

### HSN Code 15162029 ranked #7040 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 15162029 ranks #7040 out of 12657 HSN codes by total export value. Within Sub-Chapter 1516, it ranks #5 of 10. By trade surplus, it ranks #4178 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 15162029 exports

The strongest single-year export movement for HSN Code 15162029 was recorded in FY 2021-22, when exports surged by 22.55% over the prior year.

### India maintains a trade surplus of ₹2.28 Crore in HSN Code 15162029 goods

In FY 2024-25, India's exports of ₹3.46 Cr exceeded imports of ₹1.18 Cr, resulting in a trade surplus of ₹2.28 Crore — ranking #4178 of 12657 by surplus magnitude.

### Import growth of 12.25% CAGR signals rising demand for Vegetable fats & oils – Groundnut oil – Other

India's imports under HSN Code 15162029 have grown at 12.25% CAGR, reaching ₹1.18 Crore in FY 2024-25.

### HSN Code 15162029 contributes 0.36% of Sub-Chapter 1516 exports — ranked #5

Among the 10 HSN codes under Sub-Chapter 1516, HSN Code 15162029 ranks #5 by export value — accounting for 0.36% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.31% share (rank #6).

## Related HSN Codes in Sub-Chapter 1516

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 15162039: Vegetable fats & oils – Hydrogenated castor oil (opal-wax) – Other](https://busy.in/hsn/hsn-15162039/) | ₹768 Cr |
| #2 | [HSN Code 15162099: Vegetable fats & oils: Other](https://busy.in/hsn/hsn-15162099/) | ₹90 Cr |
| #3 | [HSN Code 15162091: Edible vegetable fats](https://busy.in/hsn/hsn-15162091/) | ₹83 Cr |
| #4 | [HSN Code 15162021: Groundnut Oil: Edible Grade Vegetable Fats and Oils](https://busy.in/hsn/hsn-15162021/) | ₹5 Cr |
| #5 | HSN Code 15162029: Vegetable fats & oils – Groundnut oil – Other (this hsn code) | ₹3 Cr |
| #6 | [HSN Code 15162019: Vegetable fats & oils – Cotton seed oil – Other](https://busy.in/hsn/hsn-15162019/) | ₹2 Cr |
| #7 | [HSN Code 15162011: Vegetable fats & oils – Cotton seed oil – Edible grade](https://busy.in/hsn/hsn-15162011/) | ₹1 Cr |
| #8 | [HSN Code 15161000: Animal Fats & Oils](https://busy.in/hsn/hsn-15161000/) | < ₹1 Crore |
| #9 | [HSN Code 15162031: Hydrogenated Castor Oil (Opal-Wax): Edible Grade](https://busy.in/hsn/hsn-15162031/) | < ₹1 Crore |
| — | [HSN Code 15163000: Microbial fats and oils and their fractions](https://busy.in/hsn/hsn-15163000/) | Nil |