--- title: "HSN Code for Edible veg fats & oils other | HSN 15180031 GST Rate" description: "Find HSN and GST Rates for 15180031 related to Edible veg fats & oils other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15180031/" --- # HSN Code 15180031: Edible veg 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 1518: Animal & vegetable fats & oils](https://busy.in/hsn/sub-chapter-1518/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Edible grade | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 15180031 ? It includes Chinese distilled spirits ### Any common misclassification issue with Edible veg fats & oils other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Edible veg fats & oils other? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Can we claim ITC on inputs used to trade Edible veg fats & oils other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Edible veg 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 Edible veg fats & oils other; Nil for exempt items if applicable). ### How much GST applies to Edible veg fats & oils other? Under HSN 15180031, Edible veg fats & oils other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Edible veg fats & oils other? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ## India's trade performance: HSN Code 15180031 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+72.55% YoY) — 0.0000% of India's total exports - Imports: ₹2 Cr (+113.58% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7852 of 12657 HSN codes - Share of Sub-Chapter 1518: 0.23% of its exports; import side 9.52% - Rank within Sub-Chapter 1518: #5 of 7 by export value; import-side #2 ### Key metrics - Export CAGR: -57.84% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8363 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +5,000.00% in FY 2023-24 - Contribution to Sub-Ch. 1518: 0.23% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15180031 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. 1518 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1518 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 156.76 | 0.0069% | — | 65.04% | 1.48 | 0.0000% | — | 1.44% | +155.28 | #1544 | | FY 2019-20 | 19.73 | 0.0009% | −87.41% | 20.89% | < ₹1 Crore | 0.0000% | −55.41% | 0.29% | +19.07 | #4129 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −99.44% | 0.15% | < ₹1 Crore | 0.0000% | +42.42% | 3.55% | −0.83 | #9183 | | FY 2021-22 | < ₹1 Crore | 0.0000% | 0.00% | 0.07% | < ₹1 Crore | 0.0000% | −46.81% | 0.99% | −0.39 | #9497 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −90.91% | 0.00% | 1.60 | 0.0000% | +220.00% | 6.44% | −1.59 | #10292 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +5,000.00% | 0.13% | < ₹1 Crore | 0.0000% | −49.38% | 10.70% | −0.30 | #8784 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +72.55% | 0.23% | 1.73 | 0.0000% | +113.58% | 9.52% | −0.85 | #8363 | - CAGR (7-year): exports -57.84%/yr, imports 2.64%/yr (consistently Deficit) ## Key trade insights: HSN Code 15180031 export-import analysis ### Export decline: -57.84% CAGR over 7 years India's exports under HSN Code 15180031 have declined at a compound annual rate of -57.84% over 7 fiscal years, falling from ₹156.76 Crore in FY 2018-19 to ₹0.88 Crore in FY 2024-25. ### HSN Code 15180031 ranked #8363 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15180031 ranks #8363 out of 12657 HSN codes by total export value. Within Sub-Chapter 1518, it ranks #5 of 7. By trade surplus, it ranks #7852 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 15180031 exports The strongest single-year export movement for HSN Code 15180031 was recorded in FY 2023-24, when exports surged by 5,000.00% over the prior year. ### India records a trade deficit of ₹0.85 Crore in HSN Code 15180031 goods In FY 2024-25, India's imports of ₹1.73 Cr exceeded exports of ₹0.88 Cr, resulting in a trade deficit of ₹0.85 Crore — ranking #7852 of 12657 by surplus magnitude. ### Import growth of 2.64% CAGR signals stable import dependency for Edible veg fats & oils other India's imports under HSN Code 15180031 have grown at 2.64% CAGR, reaching ₹1.73 Crore in FY 2024-25. ### HSN Code 15180031 contributes 0.23% of Sub-Chapter 1518 exports — ranked #5 Among the 7 HSN codes under Sub-Chapter 1518, HSN Code 15180031 ranks #5 by export value — accounting for 0.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.52% share (rank #2). ## Related HSN Codes in Sub-Chapter 1518 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 15180039: Modified veg fats/oils other](https://busy.in/hsn/hsn-15180039/) | ₹295 Cr | | #2 | [HSN Code 15180019: Edible grade](https://busy.in/hsn/hsn-15180019/) | ₹38 Cr | | #3 | [HSN Code 15180040: With millet content 15% or more by weight](https://busy.in/hsn/hsn-15180040/) | ₹26 Cr | | #4 | [HSN Code 15180029: Edible grade](https://busy.in/hsn/hsn-15180029/) | ₹17 Cr | | #5 | HSN Code 15180031: Edible veg fats & oils other (this hsn code) | < ₹1 Crore | | #6 | [HSN Code 15180021: Dehydrated castor oil edible](https://busy.in/hsn/hsn-15180021/) | < ₹1 Crore | | #7 | [HSN Code 15180011: Linseed Oil (Edible, Vegetable Origin)](https://busy.in/hsn/hsn-15180011/) | < ₹1 Crore |