--- title: "HSN Code for Vegetable fats & oils: Other | HSN 15162099 GST Rate" description: "Find HSN and GST Rates for 15162099 related to Vegetable fats & oils: Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15162099/" --- # HSN Code 15162099: Vegetable fats & oils: 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 : Other : Other | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 15162099 ? It includes Vegetable fats & oils: Other ### Does packaging or labelling change the GST for Vegetable fats & oils: 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: 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: 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: Other; Nil for exempt items if applicable). ### How much GST applies to Vegetable fats & oils: Other? Under HSN 15162099, Vegetable fats & oils: 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: 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. ## India's trade performance: HSN Code 15162099 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹90 Cr (+27.45% YoY) — 0.0024% of India's total exports - Imports: ₹91 Cr (+22.79% YoY) — 0.0015% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7879 of 12657 HSN codes - Share of Sub-Chapter 1516: 9.43% of its exports; import side 23.56% - Rank within Sub-Chapter 1516: #2 of 10 by export value; import-side #2 ### Key metrics - Export CAGR: 80.17% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2816 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +233.46% in FY 2019-20 - Contribution to Sub-Ch. 1516: 9.43% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15162099 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 | 2.63 | 0.0001% | — | 0.49% | 53.24 | 0.0015% | — | 34.26% | −50.61 | #6630 | | FY 2019-20 | 8.77 | 0.0004% | +233.46% | 1.44% | 88.52 | 0.0026% | +66.27% | 51.86% | −79.75 | #5184 | | FY 2020-21 | 17.44 | 0.0008% | +98.86% | 2.98% | 80.04 | 0.0027% | −9.58% | 33.11% | −62.60 | #4377 | | FY 2021-22 | 32.43 | 0.0010% | +85.95% | 4.09% | 18.98 | 0.0004% | −76.29% | 4.66% | +13.45 | #3949 | | FY 2022-23 | 65.76 | 0.0018% | +102.78% | 5.57% | 67.48 | 0.0012% | +255.53% | 29.81% | −1.72 | #3111 | | FY 2023-24 | 70.59 | 0.0020% | +7.34% | 9.04% | 74.01 | 0.0013% | +9.68% | 40.79% | −3.42 | #3062 | | FY 2024-25 | 89.97 | 0.0024% | +27.45% | 9.43% | 90.88 | 0.0015% | +22.79% | 23.56% | −0.91 | #2816 | - CAGR (7-year): exports 80.17%/yr, imports 9.32%/yr (consistently Deficit) ## Key trade insights: HSN Code 15162099 export-import analysis ### Consistent export growth: 80.17% CAGR over 7 years India's exports under HSN Code 15162099 have grown at a compound annual rate of 80.17% over 7 fiscal years, rising from ₹2.63 Crore in FY 2018-19 to ₹89.97 Crore in FY 2024-25. ### HSN Code 15162099 ranked #2816 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15162099 ranks #2816 out of 12657 HSN codes by total export value. Within Sub-Chapter 1516, it ranks #2 of 10. By trade surplus, it ranks #7879 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 15162099 exports The strongest single-year export movement for HSN Code 15162099 was recorded in FY 2019-20, when exports surged by 233.46% over the prior year. ### India records a trade deficit of ₹0.91 Crore in HSN Code 15162099 goods In FY 2024-25, India's imports of ₹90.88 Cr exceeded exports of ₹89.97 Cr, resulting in a trade deficit of ₹0.91 Crore — ranking #7879 of 12657 by surplus magnitude. ### Import growth of 9.32% CAGR signals stable import dependency for Vegetable fats & oils: Other India's imports under HSN Code 15162099 have grown at 9.32% CAGR, reaching ₹90.88 Crore in FY 2024-25. ### HSN Code 15162099 contributes 9.43% of Sub-Chapter 1516 exports — ranked #2 Among the 10 HSN codes under Sub-Chapter 1516, HSN Code 15162099 ranks #2 by export value — accounting for 9.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 23.56% share (rank #2). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-15162029/) | ₹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 |