HSN Code 15171021 represents Margarine of Vegetable Origin: Edible Grade Excluding Liquid under GST classification. This code helps businesses identify Margarine of Vegetable Origin: Edible Grade Excluding Liquid correctly for billing, taxation, and trade. With HSN Code 15171021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Margarine of Vegetable Origin: Edible Grade Excluding Liquid.
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HSN Code 15171021 relates to the following description.
Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
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
Margarine, excluding liquid margarine : Of vegetable origin : Edible grade
9%
9%
18%
0%
Description of Goods
Margarine, excluding liquid margarine : Of vegetable origin : Edible grade
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%
Margarine of Vegetable Origin: Edible Grade Excluding Liquid does not include products with the following descriptions.
Margarine, excluding liquid margarine : Of animal origin
Margarine, excluding liquid margarine : Of vegetable origin : Linoxyn
Margarine, excluding liquid margarine : Of vegetable origin : Other
Other : Sal fat (processed or refined)
Other : Imitation lard of animal origin
Other : Imitation lard of vegetable origin
Other : Other (of vegetable origin)
Other : Other
Margarine, excluding liquid margarine : Of animal origin
Margarine, excluding liquid margarine : Of vegetable origin : Linoxyn
Margarine, excluding liquid margarine : Of vegetable origin : Other
Other : Sal fat (processed or refined)
Other : Imitation lard of animal origin
Other : Imitation lard of vegetable origin
Other : Other (of vegetable origin)
Other : Other
India’s Exports
FY 2024-25₹4 Cr
0.0001% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹4 Cr
Surplus rank #3861 of 12657 HSN codes
% of Sub-Chapter 1517
FY 2024-251.86%
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#2 of 8
Position by export value among HSN codes in Sub-Chapter 1517
At a glance
5.01%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6886
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+112.05%
Peak Growth Year
FY 2021-22 · strongest single-year move
1.86%
Contribution to Sub-Ch. 1517
Share of Sub-Chapter 1517 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+2.95
Exports
2.96 ₹ Cr
0.0001% share
— YoY
7.72% of Sub-Ch. 1517
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.02% of Sub-Ch. 1517
Balance
+1.68
Exports
1.84 ₹ Cr
0.0001% share
−37.84% YoY
4.20% of Sub-Ch. 1517
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+1,500.00% YoY
0.30% of Sub-Ch. 1517
Balance
+1.66
Exports
1.66 ₹ Cr
0.0001% share
−9.78% YoY
2.38% of Sub-Ch. 1517
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1517
Balance
+3.12
Exports
3.52 ₹ Cr
0.0001% share
+112.05% YoY
6.49% of Sub-Ch. 1517
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.63% of Sub-Ch. 1517
Balance
+0.95
Exports
3.01 ₹ Cr
0.0001% share
−14.49% YoY
2.58% of Sub-Ch. 1517
Imports
2.06 ₹ Cr
0.0000% share
+415.00% YoY
2.68% of Sub-Ch. 1517
Balance
+1.72
Exports
2.94 ₹ Cr
0.0001% share
−2.33% YoY
3.36% of Sub-Ch. 1517
Imports
1.22 ₹ Cr
0.0000% share
−40.78% YoY
2.96% of Sub-Ch. 1517
Balance
+3.97
Exports
3.97 ₹ Cr
0.0001% share
+35.03% YoY
1.86% of Sub-Ch. 1517
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1517
CAGR · 7-Year
Exports
5.01% /yr
Imports
—
reference, FY 2024-25
Export
₹212.88 Cr
Import
₹32.28 Cr
Trade Balance
+180.60
India's exports under HSN Code 15171021 have grown at a compound annual rate of 5.01% over 7 fiscal years, rising from ₹2.96 Crore in FY 2018-19 to ₹3.97 Crore in FY 2024-25.
In FY 2024-25, HSN Code 15171021 ranks #6886 out of 12657 HSN codes by total export value. Within Sub-Chapter 1517, it ranks #2 of 8. By trade surplus, it ranks #3861 of 12657.
The strongest single-year export movement for HSN Code 15171021 was recorded in FY 2021-22, when exports surged by 112.05% over the prior year.
In FY 2024-25, India's exports of ₹3.97 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹3.97 Crore — ranking #3861 of 12657 by surplus magnitude.
Among the 8 HSN codes under Sub-Chapter 1517, HSN Code 15171021 ranks #2 by export value — accounting for 1.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 15171021 and GST compliance.
It includes Margarine of Vegetable Origin: Edible Grade Excluding Liquid
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.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Margarine of Vegetable Origin: Edible Grade Excluding Liquid; Nil for exempt items if applicable).
Under HSN 15171021, Margarine of Vegetable Origin: Edible Grade Excluding Liquid attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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.
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.