HSN Code 15180039: Modified veg fats/oils other

HSN Code 15180039 represents Modified veg fats/oils other under GST classification. This code helps businesses identify Modified veg fats/oils other correctly for billing, taxation, and trade. With HSN Code 15180039, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Modified veg fats/oils other.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 15180039

HSN Code 15180039 relates to the following description.

Description of Goods

Other

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 15180039 not include?

Modified 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 15180039 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

₹295 Cr

−11.20% vs FY 2023-24

0.0080% of India’s total exports

India’s Imports

FY 2024-25

₹15 Cr

+168.50% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹280 Cr

Trade Surplus

Surplus rank #953 of 12657 HSN codes

% of Sub-Chapter 1518

FY 2024-25

78.13%

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

Import side: 83.44% of Sub-Chapter 1518’s imports

Rank Within Sub-Chapter 1518

FY 2024-25

#1 of 7

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

Import-side rank: #1 of 7

At a glance

31.85%

Export CAGR

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

#1463

National Export Rank

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

+175.31%

Peak Growth Year

FY 2021-22 · strongest single-year move

78.13%

Contribution to Sub-Ch. 1518

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

India Export-Import Trade Statistics for HSN Code 15180039

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 #2709

Balance

−30.28

Exports

56.16 ₹ Cr

0.0025% share

— YoY

23.30% of Sub-Ch. 1518

Imports

86.44 ₹ Cr

0.0024% share

— YoY

84.29% of Sub-Ch. 1518

FY 2019-20 Exp. Rank #3046

Balance

+16.88

Exports

44.67 ₹ Cr

0.0020% share

−20.46% YoY

47.29% of Sub-Ch. 1518

Imports

27.79 ₹ Cr

0.0008% share

−67.85% YoY

12.15% of Sub-Ch. 1518

FY 2020-21 Exp. Rank #3199

Balance

+16.20

Exports

41.48 ₹ Cr

0.0019% share

−7.14% YoY

55.11% of Sub-Ch. 1518

Imports

25.28 ₹ Cr

0.0009% share

−9.03% YoY

95.47% of Sub-Ch. 1518

FY 2021-22 Exp. Rank #2231

Balance

+65.14

Exports

114.20 ₹ Cr

0.0036% share

+175.31% YoY

71.63% of Sub-Ch. 1518

Imports

49.06 ₹ Cr

0.0011% share

+94.07% YoY

96.90% of Sub-Ch. 1518

FY 2022-23 Exp. Rank #1832

Balance

+161.99

Exports

181.99 ₹ Cr

0.0050% share

+59.36% YoY

75.02% of Sub-Ch. 1518

Imports

20.00 ₹ Cr

0.0003% share

−59.23% YoY

80.55% of Sub-Ch. 1518

FY 2023-24 Exp. Rank #1299

Balance

+326.55

Exports

332.20 ₹ Cr

0.0092% share

+82.54% YoY

83.11% of Sub-Ch. 1518

Imports

5.65 ₹ Cr

0.0001% share

−71.75% YoY

74.64% of Sub-Ch. 1518

FY 2024-25 Exp. Rank #1463

Balance

+279.83

Exports

295.00 ₹ Cr

0.0080% share

−11.20% YoY

78.13% of Sub-Ch. 1518

Imports

15.17 ₹ Cr

0.0002% share

+168.50% YoY

83.44% of Sub-Ch. 1518

CAGR · 7-Year

Exports

31.85% /yr

Imports

−25.18% /yr

Consistently Surplus
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 15180039 Export-Import Analysis

Consistent Export Growth: 31.85% CAGR Over 7 Years

India's exports under HSN Code 15180039 have grown at a compound annual rate of 31.85% over 7 fiscal years, rising from ₹56.16 Crore in FY 2018-19 to ₹295.00 Crore in FY 2024-25.

HSN Code 15180039 Ranked #1463 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 15180039 ranks #1463 out of 12657 HSN codes by total export value. Within Sub-Chapter 1518, it ranks #1 of 7. By trade surplus, it ranks #953 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 15180039 Exports

The strongest single-year export movement for HSN Code 15180039 was recorded in FY 2021-22, when exports surged by 175.31% over the prior year.

India Maintains a Trade Surplus of ₹279.83 Crore in HSN Code 15180039 Goods

In FY 2024-25, India's exports of ₹295.00 Cr exceeded imports of ₹15.17 Cr, resulting in a trade surplus of ₹279.83 Crore — ranking #953 of 12657 by surplus magnitude.

Import Growth of −25.18% CAGR Signals Stable Import Dependency for Modified veg fats/oils other

India's imports under HSN Code 15180039 have grown at −25.18% CAGR, reaching ₹15.17 Crore in FY 2024-25.

HSN Code 15180039 Contributes 78.13% of Sub-Chapter 1518 Exports — Ranked #1

Among the 7 HSN codes under Sub-Chapter 1518, HSN Code 15180039 ranks #1 by export value — accounting for 78.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 83.44% share (rank #1).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 15180039 and GST compliance.

What products are classified under HSN 15180039 ?

It includes De-Oiled Rice Bran: Cereal Residues

How much GST applies to Modified veg fats/oils other?

Under HSN 15180039, Modified veg fats/oils other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Modified 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 Modified veg fats/oils other; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Modified 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.

Does packaging or labelling change the GST for Modified 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.

Can we claim ITC on inputs used to trade Modified 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.

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.