--- title: "HSN Code for With millet content 15% or more by weight | HSN 15180040 GST Rate" description: "Find HSN and GST Rates for 15180040 related to With millet content 15% or more by weight with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15180040/" --- # HSN Code 15180040: With millet content 15% or more by weight - [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 | | --- | --- | --- | --- | --- | | Other | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 15180040 ? It includes Quartzite: Other Blocks or Slabs ### Can we claim ITC on inputs used to trade With millet content 15% or more by weight? 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 With millet content 15% or more by weight is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for With millet content 15% or more by weight; Nil for exempt items if applicable). ### How much GST applies to With millet content 15% or more by weight? Under HSN 15180040, With millet content 15% or more by weight attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for With millet content 15% or more by weight? 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. ### Do e‑way bill and e‑invoice apply for With millet content 15% or more by weight? 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. ## India's trade performance: HSN Code 15180040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹26 Cr (−34.44% YoY) — 0.0007% of India's total exports - Imports: < ₹1 Crore (+2.86% YoY) — 0.0000% of India's total imports - Trade balance: ₹26 Cr (Surplus); surplus rank #2645 of 12657 HSN codes - Share of Sub-Chapter 1518: 6.95% of its exports; import side 1.98% - Rank within Sub-Chapter 1518: #3 of 7 by export value; import-side #4 ### Key metrics - Export CAGR: 13.70% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4506 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +56.71% in FY 2022-23 - Contribution to Sub-Ch. 1518: 6.95% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15180040 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 | 12.14 | 0.0005% | — | 5.04% | 14.34 | 0.0004% | — | 13.98% | −2.20 | #4758 | | FY 2019-20 | 18.39 | 0.0008% | +51.48% | 19.47% | 199.99 | 0.0060% | +1,294.63% | 87.44% | −181.60 | #4227 | | FY 2020-21 | 20.76 | 0.0010% | +12.89% | 27.58% | Nil | 0.0000% | −100.00% | 0.00% | +20.76 | #4134 | | FY 2021-22 | 27.51 | 0.0009% | +32.51% | 17.25% | < ₹1 Crore | 0.0000% | — | 0.08% | +27.47 | #4147 | | FY 2022-23 | 43.11 | 0.0012% | +56.71% | 17.77% | 2.40 | 0.0000% | +5,900.00% | 9.67% | +40.71 | #3678 | | FY 2023-24 | 40.01 | 0.0011% | −7.19% | 10.01% | < ₹1 Crore | 0.0000% | −85.42% | 4.62% | +39.66 | #3833 | | FY 2024-25 | 26.23 | 0.0007% | −34.44% | 6.95% | < ₹1 Crore | 0.0000% | +2.86% | 1.98% | +25.87 | #4506 | - CAGR (7-year): exports 13.70%/yr, imports -45.89%/yr (consistently Surplus) ## Key trade insights: HSN Code 15180040 export-import analysis ### Consistent export growth: 13.70% CAGR over 7 years India's exports under HSN Code 15180040 have grown at a compound annual rate of 13.70% over 7 fiscal years, rising from ₹12.14 Crore in FY 2018-19 to ₹26.23 Crore in FY 2024-25. ### HSN Code 15180040 ranked #4506 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15180040 ranks #4506 out of 12657 HSN codes by total export value. Within Sub-Chapter 1518, it ranks #3 of 7. By trade surplus, it ranks #2645 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 15180040 exports The strongest single-year export movement for HSN Code 15180040 was recorded in FY 2022-23, when exports surged by 56.71% over the prior year. ### India maintains a trade surplus of ₹25.87 Crore in HSN Code 15180040 goods In FY 2024-25, India's exports of ₹26.23 Cr exceeded imports of ₹0.36 Cr, resulting in a trade surplus of ₹25.87 Crore — ranking #2645 of 12657 by surplus magnitude. ### Import growth of -45.89% CAGR signals stable import dependency for With millet content 15% or more by weight India's imports under HSN Code 15180040 have grown at -45.89% CAGR, reaching ₹0.36 Crore in FY 2024-25. ### HSN Code 15180040 contributes 6.95% of Sub-Chapter 1518 exports — ranked #3 Among the 7 HSN codes under Sub-Chapter 1518, HSN Code 15180040 ranks #3 by export value — accounting for 6.95% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.98% share (rank #4). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-15180031/) | < ₹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 |