1513 HSN Code: Coconut oil

HSN Sub Chapter 1513 represents Coconut oil under GST classification. This code helps businesses identify Coconut oil correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1513, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Coconut oil.

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New GST Rate for HSN Code 1513

GST Rate for Coconut oil under HSN Code 1513. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

15

HSN Code

1513

HSN Description

Sunflower seed, safflower or cotton seed oil and their fractions thereof, whether or not refined, but not chemically modified

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1513

Following tariff HSN codes fall under Coconut oil.

Tariff HSN

15131100

Description

Coconut (copra) oil and its fractions : Crude oil

Tariff HSN

15131900

Description

Coconut (copra) oil and its fractions : other

Tariff HSN

15132110

Description

Palm kernel or babassu oil and fractions thereof : Crude Oil : Palm kernel oil

Tariff HSN

15132120

Description

Palm kernel or babassu oil and fractions thereof : Crude Oil : Babassu oil

Tariff HSN

15132910

Description

Palm kernel or babassu oil and fractions thereof : Other : Palm kernel oil and its fractions

Tariff HSN

15132920

Description

Palm kernel or babassu oil and fractions thereof : Other : Babassu oil and its fractions edible grade

Tariff HSN

15132930

Description

Palm kernel or babassu oil and fractions thereof : Other : Babassu oil and its fractions, other than edible grade

Tariff HSN

15132990

Description

Palm kernel or babassu oil and fractions thereof : Other : Other

India’s Trade Performance — HSN Sub-Chapter 1513 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

₹451 Cr

+24.79% vs FY 2023-24

0.0122% of India’s total exports

India’s Imports

FY 2024-25

₹1,381 Cr

+56.35% vs FY 2023-24

0.0226% of India’s total imports

Trade Balance

FY 2024-25

−₹930 Cr

Trade Deficit

Surplus rank #947 of 1233 subchapters

% of Chapter 15

FY 2024-25

2.61%

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

Import side: 0.93% of Chapter 15’s imports

Rank Within Chapter 15

FY 2024-25

#4 of 21

Position by export value among subchapters in Chapter 15

Import-side rank: #4 of 21

At a glance

21.77%

Export CAGR

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

#555

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+77.50%

Peak Growth Year

FY 2020-21 · strongest single-year move

2.61%

Contribution to Ch. 15

Share of Chapter 15 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1513

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 #663

Balance

−668.07

Exports

138.35 ₹ Cr

0.0060% share

— YoY

1.81% of Ch. 15

Imports

806.42 ₹ Cr

0.0225% share

— YoY

1.16% of Ch. 15

FY 2019-20 Exp. Rank #655

Balance

−562.31

Exports

145.40 ₹ Cr

0.0066% share

+5.10% YoY

1.76% of Ch. 15

Imports

707.71 ₹ Cr

0.0211% share

−12.24% YoY

1.01% of Ch. 15

FY 2020-21 Exp. Rank #552

Balance

−565.97

Exports

258.09 ₹ Cr

0.0120% share

+77.50% YoY

2.14% of Ch. 15

Imports

824.06 ₹ Cr

0.0283% share

+16.44% YoY

0.98% of Ch. 15

FY 2021-22 Exp. Rank #513

Balance

−854.19

Exports

431.13 ₹ Cr

0.0137% share

+67.05% YoY

3.74% of Ch. 15

Imports

1,285.32 ₹ Cr

0.0281% share

+55.97% YoY

0.89% of Ch. 15

FY 2022-23 Exp. Rank #529

Balance

−781.24

Exports

454.41 ₹ Cr

0.0126% share

+5.40% YoY

2.74% of Ch. 15

Imports

1,235.65 ₹ Cr

0.0215% share

−3.86% YoY

0.73% of Ch. 15

FY 2023-24 Exp. Rank #586

Balance

−522.03

Exports

361.36 ₹ Cr

0.0100% share

−20.48% YoY

2.39% of Ch. 15

Imports

883.39 ₹ Cr

0.0157% share

−28.51% YoY

0.71% of Ch. 15

FY 2024-25 Exp. Rank #555

Balance

−930.24

Exports

450.95 ₹ Cr

0.0122% share

+24.79% YoY

2.61% of Ch. 15

Imports

1,381.19 ₹ Cr

0.0226% share

+56.35% YoY

0.93% of Ch. 15

CAGR · 7-Year

Exports

21.77% /yr

Imports

9.38% /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 1513 Export-Import Analysis

Consistent Export Growth: 21.77% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1513 have grown at a compound annual rate of 21.77% over 7 fiscal years, rising from ₹138.35 Crore in FY 2018-19 to ₹450.95 Crore in FY 2024-25.

HSN Sub-Chapter 1513 Ranked #555 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1513 ranks #555 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #4 of 21. By trade surplus, it ranks #947 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 1513 Exports

The strongest single-year export movement for HSN Sub-Chapter 1513 was recorded in FY 2020-21, when exports surged by 77.50% over the prior year.

India Records a Trade Deficit of ₹930.24 Crore in HSN Sub-Chapter 1513 Goods

In FY 2024-25, India's imports of ₹1,381.19 Cr exceeded exports of ₹450.95 Cr, resulting in a trade deficit of ₹930.24 Crore — ranking #947 of 1233 by surplus magnitude.

Import Growth of 9.38% CAGR Signals Stable Import Dependency for Coconut oil

India's imports under HSN Sub-Chapter 1513 have grown at 9.38% CAGR, reaching ₹1,381.19 Crore in FY 2024-25.

HSN Sub-Chapter 1513 Contributes 2.61% of Chapter 15 Exports — Ranked #4

Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1513 ranks #4 by export value — accounting for 2.61% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.93% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1513 and GST compliance.

What products are classified under HSN 1513

It includes Coconut oil

Any import/export nuance for Coconut oil?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

Is the composition scheme suitable if I mainly trade Coconut oil?

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.

Does MRP, weight or pack size change GST treatment for Coconut 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.

Does packaging or branding change how GST applies to Coconut oil?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Coconut oil 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.

If I repair and return Coconut oil, 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.

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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