HSN Code 15180031: Edible veg fats & oils other

HSN Code 15180031 represents Edible veg fats & oils other under GST classification. This code helps businesses identify Edible veg fats & oils other correctly for billing, taxation, and trade. With HSN Code 15180031, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Edible veg fats & oils other.

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Description of Goods for HSN Code 15180031

HSN Code 15180031 relates to the following description.

Description of Goods

Edible grade

Chapter

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

Sub Chapter

1518 - Animal, vegetable or microbial fats and oils and their fractions, boiled, oxidised, dehydrated, sulphurised, blown, polymerised by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 1516; inedible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this chapter, not elsewhere specified or included

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 15180031 not include?

Edible veg fats & oils other does not include products with the following descriptions.

HSN Code 15180011

Animal or vegetable fats and oils and their fractions, boiled, oxidized, dehydrated, sulphurised, blown, polymerized by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 1516; inedible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, not elsewhere specified or included : Lin seed oil : Edible grade (of vegetable origin)

HSN Code 15180011

Animal or vegetable fats and oils and their fractions, boiled, oxidized, dehydrated, sulphurised, blown, polymerized by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 1516; inedible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, not elsewhere specified or included : Lin seed oil : Edible grade

India’s Trade Performance — HSN Code 15180031 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

+72.55% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+113.58% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7852 of 12657 HSN codes

% of Sub-Chapter 1518

FY 2024-25

0.23%

Share of Sub-Chapter 1518’s total exports in FY 2024-25

Import side: 9.52% of Sub-Chapter 1518’s imports

Rank Within Sub-Chapter 1518

FY 2024-25

#5 of 7

Position by export value among HSN codes in Sub-Chapter 1518

Import-side rank: #2 of 7

At a glance

−57.84%

Export CAGR

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

#8363

National Export Rank

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

+5,000.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.23%

Contribution to Sub-Ch. 1518

Share of Sub-Chapter 1518 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #1544

Balance

+155.28

Exports

156.76 ₹ Cr

0.0069% share

— YoY

65.04% of Sub-Ch. 1518

Imports

1.48 ₹ Cr

0.0000% share

— YoY

1.44% of Sub-Ch. 1518

FY 2019-20 Exp. Rank #4129

Balance

+19.07

Exports

19.73 ₹ Cr

0.0009% share

−87.41% YoY

20.89% of Sub-Ch. 1518

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−55.41% YoY

0.29% of Sub-Ch. 1518

FY 2020-21 Exp. Rank #9183

Balance

−0.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−99.44% YoY

0.15% of Sub-Ch. 1518

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+42.42% YoY

3.55% of Sub-Ch. 1518

FY 2021-22 Exp. Rank #9497

Balance

−0.39

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.07% of Sub-Ch. 1518

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−46.81% YoY

0.99% of Sub-Ch. 1518

FY 2022-23 Exp. Rank #10292

Balance

−1.59

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−90.91% YoY

0.00% of Sub-Ch. 1518

Imports

1.60 ₹ Cr

0.0000% share

+220.00% YoY

6.44% of Sub-Ch. 1518

FY 2023-24 Exp. Rank #8784

Balance

−0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+5,000.00% YoY

0.13% of Sub-Ch. 1518

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−49.38% YoY

10.70% of Sub-Ch. 1518

FY 2024-25 Exp. Rank #8363

Balance

−0.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+72.55% YoY

0.23% of Sub-Ch. 1518

Imports

1.73 ₹ Cr

0.0000% share

+113.58% YoY

9.52% of Sub-Ch. 1518

CAGR · 7-Year

Exports

−57.84% /yr

Imports

2.64% /yr

Consistently Deficit
Sub-Chapter 1518 total

reference, FY 2024-25

Export

₹377.58 Cr

Import

₹18.18 Cr

Trade Balance

+359.40

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 15180031 and GST compliance.

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.

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.