1512 HSN Code: Sunflower seed oil & fractions

HSN Sub Chapter 1512 represents Sunflower seed oil & fractions under GST classification. This code helps businesses identify Sunflower seed oil & fractions correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1512, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sunflower seed oil & fractions.

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New GST Rate for HSN Code 1512

GST Rate for Sunflower seed oil & fractions under HSN Code 1512. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

15

HSN Code

1512

HSN Description

Palm 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 1512

Following tariff HSN codes fall under Sunflower seed oil & fractions.

Tariff HSN

15121110

Description

Sunflower seed or safflower oil and fractions thereof : Crude oil : Sunflower seed oil

Tariff HSN

15121120

Description

Sunflower seed or safflower oil and fractions thereof : Crude oil : Safflower seed oil (kardi seed oil)

Tariff HSN

15121910

Description

Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, edible grade

Tariff HSN

15121920

Description

Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, non-edible grade (other than crude oil)

Tariff HSN

15121930

Description

Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, edible grade

Tariff HSN

15121940

Description

Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-edible grade

Tariff HSN

15121990

Description

Sunflower seed or safflower oil and fractions thereof : Other : Other

Tariff HSN

15122100

Description

Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed

Tariff HSN

15122910

Description

Cotton-seed oil and its fractions : other : Edible grade

Tariff HSN

15122990

Description

Cotton-seed oil and its fractions : Other : Other

India’s Trade Performance — HSN Sub-Chapter 1512 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

₹329 Cr

+58.60% vs FY 2023-24

0.0089% of India’s total exports

India’s Imports

FY 2024-25

₹31,460 Cr

+19.37% vs FY 2023-24

0.5159% of India’s total imports

Trade Balance

FY 2024-25

−₹31,131 Cr

Trade Deficit

Surplus rank #1192 of 1233 subchapters

% of Chapter 15

FY 2024-25

1.91%

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

Import side: 21.17% of Chapter 15’s imports

Rank Within Chapter 15

FY 2024-25

#8 of 21

Position by export value among subchapters in Chapter 15

Import-side rank: #3 of 21

At a glance

42.55%

Export CAGR

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

#608

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+111.05%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.91%

Contribution to Ch. 15

Share of Chapter 15 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1512

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 #868

Balance

−13,643.37

Exports

39.23 ₹ Cr

0.0017% share

— YoY

0.51% of Ch. 15

Imports

13,682.60 ₹ Cr

0.3810% share

— YoY

19.62% of Ch. 15

FY 2019-20 Exp. Rank #869

Balance

−13,437.98

Exports

40.38 ₹ Cr

0.0018% share

+2.93% YoY

0.49% of Ch. 15

Imports

13,478.36 ₹ Cr

0.4018% share

−1.49% YoY

19.27% of Ch. 15

FY 2020-21 Exp. Rank #839

Balance

−14,634.77

Exports

48.61 ₹ Cr

0.0023% share

+20.38% YoY

0.40% of Ch. 15

Imports

14,683.38 ₹ Cr

0.5039% share

+8.94% YoY

17.53% of Ch. 15

FY 2021-22 Exp. Rank #774

Balance

−21,798.60

Exports

102.59 ₹ Cr

0.0033% share

+111.05% YoY

0.89% of Ch. 15

Imports

21,901.19 ₹ Cr

0.4792% share

+49.16% YoY

15.18% of Ch. 15

FY 2022-23 Exp. Rank #778

Balance

−25,185.35

Exports

120.20 ₹ Cr

0.0033% share

+17.17% YoY

0.72% of Ch. 15

Imports

25,305.55 ₹ Cr

0.4401% share

+15.54% YoY

14.93% of Ch. 15

FY 2023-24 Exp. Rank #687

Balance

−26,146.69

Exports

207.54 ₹ Cr

0.0057% share

+72.66% YoY

1.37% of Ch. 15

Imports

26,354.23 ₹ Cr

0.4693% share

+4.14% YoY

21.15% of Ch. 15

FY 2024-25 Exp. Rank #608

Balance

−31,131.04

Exports

329.16 ₹ Cr

0.0089% share

+58.60% YoY

1.91% of Ch. 15

Imports

31,460.20 ₹ Cr

0.5159% share

+19.37% YoY

21.17% of Ch. 15

CAGR · 7-Year

Exports

42.55% /yr

Imports

14.89% /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 1512 Export-Import Analysis

Consistent Export Growth: 42.55% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1512 have grown at a compound annual rate of 42.55% over 7 fiscal years, rising from ₹39.23 Crore in FY 2018-19 to ₹329.16 Crore in FY 2024-25.

HSN Sub-Chapter 1512 Ranked #608 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1512 ranks #608 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #8 of 21. By trade surplus, it ranks #1192 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 1512 Exports

The strongest single-year export movement for HSN Sub-Chapter 1512 was recorded in FY 2021-22, when exports surged by 111.05% over the prior year.

India Records a Trade Deficit of ₹31,131.04 Crore in HSN Sub-Chapter 1512 Goods

In FY 2024-25, India's imports of ₹31,460.20 Cr exceeded exports of ₹329.16 Cr, resulting in a trade deficit of ₹31,131.04 Crore — ranking #1192 of 1233 by surplus magnitude.

Import Growth of 14.89% CAGR Signals Rising Demand for Sunflower seed oil & fractions

India's imports under HSN Sub-Chapter 1512 have grown at 14.89% CAGR, reaching ₹31,460.20 Crore in FY 2024-25.

HSN Sub-Chapter 1512 Contributes 1.91% of Chapter 15 Exports — Ranked #8

Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1512 ranks #8 by export value — accounting for 1.91% of the chapter's total exports in FY 2024-25. On the import side, it holds 21.17% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1512 and GST compliance.

What products are classified under HSN 1512

It includes Sunflower seed oil & fractions

Is the composition scheme suitable if I mainly trade Sunflower seed oil & fractions?

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.

Any special steps when selling Sunflower seed oil & fractions 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.

How do I bill a kit or combo that includes Sunflower seed oil & fractions?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

How should I document Sunflower seed oil & fractions sent for job work?

Use a delivery challan for sending Sunflower seed oil & fractions 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.

How are warranty replacements of Sunflower seed oil & fractions 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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