---
title: "1511 HSN Code | HSN Code for Palm oil in India"
description: "Know more about 1511 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 1511 covering Palm oil."
canonical: "https://busy.in/hsn/sub-chapter-1511/"
---

# HSN Sub-chapter 1511: Palm oil

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

Part of [Chapter 15: Animal or Vegetable Fats, Oils and Their Cleavage Products](https://busy.in/hsn/chapter-15/).

- Current GST rate: 5%
- Earlier GST rate: 5%

## HSN codes

| Code | Title |
| --- | --- |
| 15111000 | [Crude Olive Oil & Blends](https://busy.in/hsn/hsn-15111000/) |
| 15119010 | [Other : Refined bleached deodorised palm oil](https://busy.in/hsn/hsn-15119010/) |
| 15119020 | [Refined bleached deodorised palmolein](https://busy.in/hsn/hsn-15119020/) |
| 15119030 | [Other : Refined bleached deodorised palm stearin](https://busy.in/hsn/hsn-15119030/) |
| 15119090 | [Palm Oil and Its Fractions \| Other](https://busy.in/hsn/hsn-15119090/) |

## Frequently asked questions

### What products are classified under HSN 1511

It includes Palm oil

### How are warranty replacements of Palm oil 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.

### Can I claim ITC on inputs and services used for Palm oil?

If your outward supply of Palm oil is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

### Does MRP, weight or pack size change GST treatment for Palm oil?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

### Can reverse charge ever apply to transactions involving Palm oil?

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

### Do spares or accessories of Palm oil follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

### Any special steps when selling Palm oil through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

## India's trade performance: HSN Sub-Chapter 1511 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹30 Cr (−24.32% YoY) — 0.0008% of India's total exports
- Imports: ₹70,198 Cr (+3.01% YoY) — 1.1511% of India's total imports
- Trade balance: −₹70,168 Cr (Deficit); surplus rank #1204 of 1233 sub-chapters
- Share of Chapter 15: 0.17% of its exports; import side 47.23%
- Rank within Chapter 15: #14 of 21 by export value; import-side #1

### Key metrics

- Export CAGR: 80.68% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #964 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +1,684.11% in FY 2021-22
- Contribution to Ch. 15: 0.17% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 1511

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 Ch. 15 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 15 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.01% | 36,632.99 | 1.0201% | — | 52.52% | −36,632.14 | #1140 |
| FY 2019-20 | 3.47 | 0.0002% | +308.24% | 0.04% | 36,372.89 | 1.0843% | −0.71% | 52.01% | −36,369.42 | #1066 |
| FY 2020-21 | 8.37 | 0.0004% | +141.21% | 0.07% | 42,747.15 | 1.4670% | +17.52% | 51.05% | −42,738.78 | #1004 |
| FY 2021-22 | 149.33 | 0.0048% | +1,684.11% | 1.30% | 75,727.72 | 1.6568% | +77.15% | 52.50% | −75,578.39 | #716 |
| FY 2022-23 | 29.56 | 0.0008% | −80.20% | 0.18% | 93,096.52 | 1.6192% | +22.94% | 54.91% | −93,066.96 | #949 |
| FY 2023-24 | 39.07 | 0.0011% | +32.17% | 0.26% | 68,146.12 | 1.2135% | −26.80% | 54.68% | −68,107.05 | #935 |
| FY 2024-25 | 29.57 | 0.0008% | −24.32% | 0.17% | 70,197.97 | 1.1511% | +3.01% | 47.23% | −70,168.40 | #964 |

- CAGR (7-year): exports 80.68%/yr, imports 11.45%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 1511 export-import analysis

### Consistent export growth: 80.68% CAGR over 7 years

India's exports under HSN Sub-Chapter 1511 have grown at a compound annual rate of 80.68% over 7 fiscal years, rising from ₹0.85 Crore in FY 2018-19 to ₹29.57 Crore in FY 2024-25.

### HSN Sub-Chapter 1511 ranked #964 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 1511 ranks #964 out of 1233 sub-chapters by total export value. Within Chapter 15, it ranks #14 of 21. By trade surplus, it ranks #1204 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 1511 exports

The strongest single-year export movement for HSN Sub-Chapter 1511 was recorded in FY 2021-22, when exports surged by 1,684.11% over the prior year.

### India records a trade deficit of ₹70,168.40 Crore in HSN Sub-Chapter 1511 goods

In FY 2024-25, India's imports of ₹70,197.97 Cr exceeded exports of ₹29.57 Cr, resulting in a trade deficit of ₹70,168.40 Crore — ranking #1204 of 1233 by surplus magnitude.

### Import growth of 11.45% CAGR signals rising demand for Palm oil

India's imports under HSN Sub-Chapter 1511 have grown at 11.45% CAGR, reaching ₹70,197.97 Crore in FY 2024-25.

### HSN Sub-Chapter 1511 contributes 0.17% of Chapter 15 exports — ranked #14

Among the 21 sub-chapters under Chapter 15, HSN Sub-Chapter 1511 ranks #14 by export value — accounting for 0.17% of the chapter's total exports in FY 2024-25. On the import side, it holds 47.23% share (rank #1).

## Related Sub-Chapters in Chapter 15

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 1515: Vegetable Oils & Fats](https://busy.in/hsn/sub-chapter-1515/) | ₹10,394 Cr |
| #2 | [HSN Sub-Chapter 1508: Ground-nut oil & fractions](https://busy.in/hsn/sub-chapter-1508/) | ₹3,109 Cr |
| #3 | [HSN Sub-Chapter 1516: Partially hydrogenated animal/veg oils](https://busy.in/hsn/sub-chapter-1516/) | ₹954 Cr |
| #4 | [HSN Sub-Chapter 1513: Coconut oil](https://busy.in/hsn/sub-chapter-1513/) | ₹451 Cr |
| #5 | [HSN Sub-Chapter 1502: Animal fats](https://busy.in/hsn/sub-chapter-1502/) | ₹441 Cr |
| #6 | [HSN Sub-Chapter 1504: Fish oils & their fractions](https://busy.in/hsn/sub-chapter-1504/) | ₹403 Cr |
| #7 | [HSN Sub-Chapter 1518: Animal & vegetable fats & oils](https://busy.in/hsn/sub-chapter-1518/) | ₹378 Cr |
| #8 | [HSN Sub-Chapter 1512: Sunflower seed oil & fractions](https://busy.in/hsn/sub-chapter-1512/) | ₹329 Cr |
| #9 | [HSN Sub-Chapter 1507: Soybean oil & fractions](https://busy.in/hsn/sub-chapter-1507/) | ₹219 Cr |
| #10 | [HSN Sub-Chapter 1514: Rape seed oil & fractions](https://busy.in/hsn/sub-chapter-1514/) | ₹214 Cr |
| #14 | HSN Sub-Chapter 1511: Palm oil (this hsn sub-chapter) | ₹30 Cr |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 1501 | [Industrial ovens & furnaces](https://busy.in/hsn/sub-chapter-1501/) |
| 1502 | [Animal fats](https://busy.in/hsn/sub-chapter-1502/) |
| 1503 | [Lard products & oils](https://busy.in/hsn/sub-chapter-1503/) |
| 1504 | [Fish oils & their fractions](https://busy.in/hsn/sub-chapter-1504/) |
| 1505 | [Wool grease](https://busy.in/hsn/sub-chapter-1505/) |
| 1506 | [Animal fats & oils](https://busy.in/hsn/sub-chapter-1506/) |
| 1507 | [Soybean oil & fractions](https://busy.in/hsn/sub-chapter-1507/) |
| 1508 | [Ground-nut oil & fractions](https://busy.in/hsn/sub-chapter-1508/) |
| 1509 | [Concentrated milk & cream](https://busy.in/hsn/sub-chapter-1509/) |
| 1510 | [Olive oil & fractions, blends included](https://busy.in/hsn/sub-chapter-1510/) |
| 1512 | [Sunflower seed oil & fractions](https://busy.in/hsn/sub-chapter-1512/) |
| 1513 | [Coconut oil](https://busy.in/hsn/sub-chapter-1513/) |
| 1514 | [Rape seed oil & fractions](https://busy.in/hsn/sub-chapter-1514/) |
| 1515 | [Vegetable Oils & Fats](https://busy.in/hsn/sub-chapter-1515/) |
| 1516 | [Partially hydrogenated animal/veg oils](https://busy.in/hsn/sub-chapter-1516/) |
| 1517 | [Margarine & fat mixes](https://busy.in/hsn/sub-chapter-1517/) |
| 1518 | [Animal & vegetable fats & oils](https://busy.in/hsn/sub-chapter-1518/) |
| 1520 | [Crude glycerol & glycerol waters](https://busy.in/hsn/sub-chapter-1520/) |
| 1521 | [Vegetable & insect waxes](https://busy.in/hsn/sub-chapter-1521/) |
| 1522 | [Degras from fatty substances](https://busy.in/hsn/sub-chapter-1522/) |