HSN Code 15163000: Microbial fats and oils and their fractions

HSN Code 15163000 represents Microbial fats and oils and their fractions under GST classification. This code helps businesses identify Microbial fats and oils and their fractions correctly for billing, taxation, and trade. With HSN Code 15163000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Microbial fats and oils and their fractions.

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Description of Goods for HSN Code 15163000

HSN Code 15163000 relates to the following description.

Description of Goods

Microbial 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 15163000 not include?

Microbial fats and oils and their fractions 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 15163000 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+900.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7574 of 12657 HSN codes

% of Sub-Chapter 1516

FY 2024-25

0.00%

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

Import side: 0.08% of Sub-Chapter 1516’s imports

At a glance

−100.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.00%

Contribution to Sub-Ch. 1516

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

India Export-Import Trade Statistics for HSN Code 15163000

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

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 1516

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

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

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 #9527

Balance

+0.14

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 1516

FY 2024-25

Balance

−0.30

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1516

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+900.00% YoY

0.08% of Sub-Ch. 1516

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 15163000 Export-Import Analysis

Export Snapshot for HSN Code 15163000

India exported ₹0.00 Crore worth of Microbial fats and oils and their fractions in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2024-25 Was the Strongest Growth Year for HSN Code 15163000 Exports

The strongest single-year export movement for HSN Code 15163000 was recorded in FY 2024-25, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.30 Crore in HSN Code 15163000 Goods

In FY 2024-25, India's imports of ₹0.30 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.30 Crore — ranking #7574 of 12657 by surplus magnitude.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15163000 and GST compliance.

What products are classified under HSN 15163000 ?

It includes Microbial fats and oils and their fractions

Do e‑way bill and e‑invoice apply for Microbial fats and oils and their fractions?

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 Microbial fats and oils and their fractions?

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 Microbial fats and oils and their fractions?

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 Microbial fats and oils and their fractions?

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.

How much GST applies to Microbial fats and oils and their fractions?

Under HSN 15163000, Microbial fats and oils and their fractions 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.