1509 HSN Code: Concentrated milk & cream

HSN Sub Chapter 1509 represents Concentrated milk & cream under GST classification. This code helps businesses identify Concentrated milk & cream correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1509, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Concentrated milk & cream.

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New GST Rate for HSN Code 1509

GST Rate for Concentrated milk & cream under HSN Code 1509. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

15

HSN Code

HSN Description

ground-nut oil and its fractions, whether or not refined, but not chemically modified

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1509

Following tariff HSN codes fall under Concentrated milk & cream.

Tariff HSN

Description

Olive oil and its fractions, whether or not refined, but not chemically modified virgin

Tariff HSN

Description

Extra virgin olive oil

Tariff HSN

Description

Virgin olive oil

Tariff HSN

Description

Other virgin olive oils

Tariff HSN

Description

Other : Edible grade

Tariff HSN

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 1509 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

₹3 Cr

+109.82% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹405 Cr

+2.37% vs FY 2023-24

0.0066% of India’s total imports

Trade Balance

FY 2024-25

−₹401 Cr

Trade Deficit

Surplus rank #846 of 1233 subchapters

% of Chapter 15

FY 2024-25

0.02%

Share of Chapter 15’s total exports in FY 2024-25

Import side: 0.27% of Chapter 15’s imports

Rank Within Chapter 15

FY 2024-25

#16 of 21

Position by export value among subchapters in Chapter 15

Import-side rank: #7 of 21

At a glance

24.24%

Export CAGR

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

#1106

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+109.82%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.02%

Contribution to Ch. 15

Share of Chapter 15 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1509

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 #1137

Balance

−336.09

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Ch. 15

Imports

337.02 ₹ Cr

0.0094% share

YoY

0.48% of Ch. 15

FY 2019-20 Exp. Rank #1103

Balance

−183.98

Exports

1.79 ₹ Cr

0.0001% share

+92.47% YoY

0.02% of Ch. 15

Imports

185.77 ₹ Cr

0.0055% share

−44.88% YoY

0.27% of Ch. 15

FY 2020-21 Exp. Rank #1101

Balance

−236.56

Exports

1.83 ₹ Cr

0.0001% share

+2.23% YoY

0.02% of Ch. 15

Imports

238.39 ₹ Cr

0.0082% share

+28.33% YoY

0.28% of Ch. 15

FY 2021-22 Exp. Rank #1128

Balance

−339.23

Exports

1.41 ₹ Cr

0.0000% share

−22.95% YoY

0.01% of Ch. 15

Imports

340.64 ₹ Cr

0.0075% share

+42.89% YoY

0.24% of Ch. 15

FY 2022-23 Exp. Rank #1113

Balance

−314.87

Exports

2.03 ₹ Cr

0.0001% share

+43.97% YoY

0.01% of Ch. 15

Imports

316.90 ₹ Cr

0.0055% share

−6.97% YoY

0.19% of Ch. 15

FY 2023-24 Exp. Rank #1130

Balance

−393.61

Exports

1.63 ₹ Cr

0.0000% share

−19.70% YoY

0.01% of Ch. 15

Imports

395.24 ₹ Cr

0.0070% share

+24.72% YoY

0.32% of Ch. 15

FY 2024-25 Exp. Rank #1106

Balance

−401.17

Exports

3.42 ₹ Cr

0.0001% share

+109.82% YoY

0.02% of Ch. 15

Imports

404.59 ₹ Cr

0.0066% share

+2.37% YoY

0.27% of Ch. 15

CAGR · 7-Year

Exports

24.24% /yr

Imports

3.09% /yr

Consistently Deficit
Chapter 15 total

reference, FY 2024-25

Export

₹17,272.98 Cr

Import

₹1,48,631.21 Cr

Trade Balance

−1,31,358.23

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

Key Trade Insights: HSN Sub-Chapter 1509 Export-Import Analysis

Consistent Export Growth: 24.24% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1509 have grown at a compound annual rate of 24.24% over 7 fiscal years, rising from ₹0.93 Crore in FY 2018-19 to ₹3.42 Crore in FY 2024-25.

HSN Sub-Chapter 1509 Ranked #1106 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1509 ranks #1106 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #16 of 21. By trade surplus, it ranks #846 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 1509 Exports

The strongest single-year export movement for HSN Sub-Chapter 1509 was recorded in FY 2024-25, when exports surged by 109.82% over the prior year.

India Records a Trade Deficit of ₹401.17 Crore in HSN Sub-Chapter 1509 Goods

In FY 2024-25, India's imports of ₹404.59 Cr exceeded exports of ₹3.42 Cr, resulting in a trade deficit of ₹401.17 Crore — ranking #846 of 1233 by surplus magnitude.

Import Growth of 3.09% CAGR Signals Stable Import Dependency for Concentrated milk & cream

India's imports under HSN Sub-Chapter 1509 have grown at 3.09% CAGR, reaching ₹404.59 Crore in FY 2024-25.

HSN Sub-Chapter 1509 Contributes 0.02% of Chapter 15 Exports — Ranked #16

Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1509 ranks #16 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.27% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1509 and GST compliance.

What products are classified under HSN 1509

It includes Concentrated milk & cream

If I repair and return Concentrated milk & cream, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

Does packaging or branding change how GST applies to Concentrated milk & cream?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Concentrated milk & cream is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

What should my invoice and records include for Concentrated milk & cream?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

Is the composition scheme suitable if I mainly trade Concentrated milk & cream?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

How are warranty replacements of Concentrated milk & cream handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

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.

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