HSN Code 15171010: Margarine (excluding liquid) – Animal origin

HSN Code 15171010 represents Margarine (excluding liquid) – Animal origin under GST classification. This code helps businesses identify Margarine (excluding liquid) – Animal origin correctly for billing, taxation, and trade. With HSN Code 15171010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Margarine (excluding liquid) – Animal origin.

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Description of Goods for HSN Code 15171010

HSN Code 15171010 relates to the following description.

Description of Goods

Margarine, excluding liquid margarine : Of animal origin

Chapter

15 - Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes

Sub Chapter

1517 - Margarine; edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this chapter, other than edible fats and oils or their fractions of heading 1516

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 15171010 not include?

Margarine (excluding liquid) – Animal origin does not include products with the following descriptions.

India’s Trade Performance — HSN Code 15171010 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 Crore

−85.71% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4646 of 12657 HSN codes

% of Sub-Chapter 1517

FY 2024-25

0.35%

Share of Sub-Chapter 1517’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 1517’s imports

Rank Within Sub-Chapter 1517

FY 2024-25

#3 of 8

Position by export value among HSN codes in Sub-Chapter 1517

At a glance

35.42%

Export CAGR

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

#8501

National Export Rank

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

+11,100.00%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.35%

Contribution to Sub-Ch. 1517

Share of Sub-Chapter 1517 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 15171010

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 #9103

Balance

+0.12

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.31% of Sub-Ch. 1517

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1517

FY 2019-20 Exp. Rank #9399

Balance

+0.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.14% of Sub-Ch. 1517

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1517

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 1517

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1517

FY 2021-22 Exp. Rank #10058

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.04% of Sub-Ch. 1517

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1517

FY 2022-23 Exp. Rank #7312

Balance

+2.24

Exports

2.24 ₹ Cr

0.0001% share

+11,100.00% YoY

1.92% of Sub-Ch. 1517

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1517

FY 2023-24 Exp. Rank #6535

Balance

+5.18

Exports

5.18 ₹ Cr

0.0001% share

+131.25% YoY

5.92% of Sub-Ch. 1517

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1517

FY 2024-25 Exp. Rank #8501

Balance

+0.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−85.71% YoY

0.35% of Sub-Ch. 1517

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 1517

CAGR · 7-Year

Exports

35.42% /yr

Imports

—

Consistently Surplus
Sub-Chapter 1517 total

reference, FY 2024-25

Export

₹212.88 Cr

Import

₹32.28 Cr

Trade Balance

+180.60

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 15171010 Export-Import Analysis

Consistent Export Growth: 35.42% CAGR Over 7 Years

India's exports under HSN Code 15171010 have grown at a compound annual rate of 35.42% over 7 fiscal years, rising from ₹0.12 Crore in FY 2018-19 to ₹0.74 Crore in FY 2024-25.

HSN Code 15171010 Ranked #8501 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15171010 ranks #8501 out of 12657 HSN codes by total export value. Within Sub-Chapter 1517, it ranks #3 of 8. By trade surplus, it ranks #4646 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 15171010 Exports

The strongest single-year export movement for HSN Code 15171010 was recorded in FY 2022-23, when exports surged by 11,100.00% over the prior year.

India Maintains a Trade Surplus of ₹0.74 Crore in HSN Code 15171010 Goods

In FY 2024-25, India's exports of ₹0.74 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.74 Crore — ranking #4646 of 12657 by surplus magnitude.

HSN Code 15171010 Contributes 0.35% of Sub-Chapter 1517 Exports — Ranked #3

Among the 8 HSN codes under Sub-Chapter 1517, HSN Code 15171010 ranks #3 by export value — accounting for 0.35% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15171010 and GST compliance.

What products are classified under HSN 15171010 ?

It includes Margarine (excluding liquid) – Animal origin

Do e‑way bill and e‑invoice apply for Margarine (excluding liquid) – Animal origin?

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 Margarine (excluding liquid) – Animal origin?

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 Margarine (excluding liquid) – Animal origin is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Margarine (excluding liquid) – Animal origin; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Margarine (excluding liquid) – Animal origin?

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 Margarine (excluding liquid) – Animal origin?

Under HSN 15171010, Margarine (excluding liquid) – Animal origin 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.