--- title: "HSN Code for Imitation Lard| Vegetable Origin | HSN 15179040 GST Rate" description: "Find HSN and GST Rates for 15179040 related to Imitation Lard| Vegetable Origin with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15179040/" --- # HSN Code 15179040: Imitation Lard| Vegetable Origin - [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 1517: Margarine & fat mixes](https://busy.in/hsn/sub-chapter-1517/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Imitation lard of vegetable origin | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 15179040 ? It includes Imitation Lard| Vegetable Origin ### Can we claim ITC on inputs used to trade Imitation Lard/ Vegetable 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. ### Any common misclassification issue with Imitation Lard/ Vegetable 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 Imitation Lard/ Vegetable Origin is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Imitation Lard/ Vegetable Origin; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Imitation Lard/ Vegetable Origin? 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 Imitation Lard/ Vegetable Origin? Under HSN 15179040, Imitation Lard/ Vegetable Origin attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ## India's trade performance: HSN Code 15179040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports - Imports: ₹1 Cr (+50.53% YoY) — 0.0000% of India's total imports - Trade balance: −₹1 Cr (Deficit); surplus rank #8039 of 12657 HSN codes - Share of Sub-Chapter 1517: 0.00% of its exports; import side 4.43% ### Key metrics - Peak growth year: +100.00% in FY 2022-23 - Contribution to Sub-Ch. 1517: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15179040 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. 1517 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1517 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.07% | Nil | 0.0000% | — | 0.00% | +0.03 | #9613 | | FY 2020-21 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | — | 0.30% | −0.18 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.02% | 1.38 | 0.0000% | +666.67% | 2.17% | −1.37 | #10198 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +100.00% | 0.02% | 2.49 | 0.0000% | +80.43% | 3.24% | −2.47 | #10152 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −50.00% | 0.01% | < ₹1 Crore | 0.0000% | −61.85% | 2.31% | −0.94 | #10473 | | FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | 1.43 | 0.0000% | +50.53% | 4.43% | −1.43 | — | ## Key trade insights: HSN Code 15179040 export-import analysis ### Export snapshot for HSN Code 15179040 India exported ₹0.00 Crore worth of Imitation Lard| Vegetable Origin in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2022-23 was the strongest growth year for HSN Code 15179040 exports The strongest single-year export movement for HSN Code 15179040 was recorded in FY 2022-23, when exports surged by 100.00% over the prior year. ### India records a trade deficit of ₹1.43 Crore in HSN Code 15179040 goods In FY 2024-25, India's imports of ₹1.43 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹1.43 Crore — ranking #8039 of 12657 by surplus magnitude. ## Related HSN Codes in Sub-Chapter 1517 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 15179090: Other \| Other (Of Vegetable Origin)](https://busy.in/hsn/hsn-15179090/) | ₹207 Cr | | #2 | [HSN Code 15171021: Margarine of Vegetable Origin: Edible Grade Excluding Liquid](https://busy.in/hsn/hsn-15171021/) | ₹4 Cr | | #3 | [HSN Code 15171010: Margarine (excluding liquid) – Animal origin](https://busy.in/hsn/hsn-15171010/) | < ₹1 Crore | | #4 | [HSN Code 15171029: Margarine (excluding liquid) – Vegetable origin – Other](https://busy.in/hsn/hsn-15171029/) | < ₹1 Crore | | #5 | [HSN Code 15179010: Other \| Sal Fat (Processed Or Refined)](https://busy.in/hsn/hsn-15179010/) | < ₹1 Crore | | #6 | [HSN Code 15179030: Other \| Imitation Lard Of Animal Origin](https://busy.in/hsn/hsn-15179030/) | < ₹1 Crore | | — | HSN Code 15179040: Imitation Lard\| Vegetable Origin (this hsn code) | Nil | | — | [HSN Code 15171022: Margarine (excluding liquid) – Vegetable origin – Linoxyn](https://busy.in/hsn/hsn-15171022/) | — |