1510 HSN Code: Olive oil & fractions, blends included

HSN Sub Chapter 1510 represents Olive oil & fractions, blends included under GST classification. This code helps businesses identify Olive oil & fractions, blends included correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1510, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Olive oil & fractions, blends included.

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New GST Rate for HSN Code 1510

GST Rate for Olive oil & fractions, blends included under HSN Code 1510. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

15

HSN Code

1510

HSN Description

Other oils and their fractions, obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1510

Following tariff HSN codes fall under Olive oil & fractions, blends included.

Tariff HSN

15100010

Description

Other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 : crude oil

Tariff HSN

15100091

Description

Other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 : other : edible grade

Tariff HSN

15100099

Description

Other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 : other : other

Tariff HSN

15101000

Description

Crude olive pomace oil

Tariff HSN

15109010

Description

Other: Refined olive pomace oil

Tariff HSN

15109090

Description

Other: Other

India’s Trade Performance — HSN Sub-Chapter 1510 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

+500.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹72 Cr

+11.91% vs FY 2023-24

0.0012% of India’s total imports

Trade Balance

FY 2024-25

−₹71 Cr

Trade Deficit

Surplus rank #698 of 1233 subchapters

% of Chapter 15

FY 2024-25

0.00%

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

Import side: 0.05% of Chapter 15’s imports

Rank Within Chapter 15

FY 2024-25

#18 of 21

Position by export value among subchapters in Chapter 15

Import-side rank: #11 of 21

At a glance

31.38%

Export CAGR

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

#1147

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+500.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.00%

Contribution to Ch. 15

Share of Chapter 15 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1510

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 #1181

Balance

−71.61

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 15

Imports

71.75 ₹ Cr

0.0020% share

— YoY

0.10% of Ch. 15

FY 2019-20 Exp. Rank #1169

Balance

−56.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+28.57% YoY

0.00% of Ch. 15

Imports

56.49 ₹ Cr

0.0017% share

−21.27% YoY

0.08% of Ch. 15

FY 2020-21 Exp. Rank #1178

Balance

−54.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−55.56% YoY

0.00% of Ch. 15

Imports

54.46 ₹ Cr

0.0019% share

−3.59% YoY

0.07% of Ch. 15

FY 2021-22 Exp. Rank #1181

Balance

−56.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−12.50% YoY

0.00% of Ch. 15

Imports

56.18 ₹ Cr

0.0012% share

+3.16% YoY

0.04% of Ch. 15

FY 2022-23 Exp. Rank #1183

Balance

−70.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Ch. 15

Imports

70.42 ₹ Cr

0.0012% share

+25.35% YoY

0.04% of Ch. 15

FY 2023-24 Exp. Rank #1186

Balance

−63.80

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+71.43% YoY

0.00% of Ch. 15

Imports

63.92 ₹ Cr

0.0011% share

−9.23% YoY

0.05% of Ch. 15

FY 2024-25 Exp. Rank #1147

Balance

−70.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+500.00% YoY

0.00% of Ch. 15

Imports

71.53 ₹ Cr

0.0012% share

+11.91% YoY

0.05% of Ch. 15

CAGR · 7-Year

Exports

31.38% /yr

Imports

−0.05% /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 1510 Export-Import Analysis

Consistent Export Growth: 31.38% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1510 have grown at a compound annual rate of 31.38% over 7 fiscal years, rising from ₹0.14 Crore in FY 2018-19 to ₹0.72 Crore in FY 2024-25.

HSN Sub-Chapter 1510 Ranked #1147 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1510 ranks #1147 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #18 of 21. By trade surplus, it ranks #698 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 1510 Exports

The strongest single-year export movement for HSN Sub-Chapter 1510 was recorded in FY 2024-25, when exports surged by 500.00% over the prior year.

India Records a Trade Deficit of ₹70.81 Crore in HSN Sub-Chapter 1510 Goods

In FY 2024-25, India's imports of ₹71.53 Cr exceeded exports of ₹0.72 Cr, resulting in a trade deficit of ₹70.81 Crore — ranking #698 of 1233 by surplus magnitude.

Import Growth of −0.05% CAGR Signals Stable Import Dependency for Olive oil & fractions, blends included

India's imports under HSN Sub-Chapter 1510 have grown at −0.05% CAGR, reaching ₹71.53 Crore in FY 2024-25.

HSN Sub-Chapter 1510 Contributes 0.00% of Chapter 15 Exports — Ranked #18

Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1510 ranks #18 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1510 and GST compliance.

What products are classified under HSN 1510

It includes Olive oil & fractions, blends included

What are the e‑way bill and e‑invoice points while moving Olive oil & fractions, blends included?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

If I repair and return Olive oil & fractions, blends included, 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.

Can reverse charge ever apply to transactions involving Olive oil & fractions, blends included?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Olive oil & fractions, blends included are forward charge. Check the current notifications for any special cases before deciding.

How are warranty replacements of Olive oil & fractions, blends included 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.

How should I document Olive oil & fractions, blends included sent for job work?

Use a delivery challan for sending Olive oil & fractions, blends included to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

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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