---
title: "1514 HSN Code | HSN Code for Rape seed oil & fractions in India"
description: "Know more about 1514 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 1514 covering Rape seed oil & fractions."
canonical: "https://busy.in/hsn/sub-chapter-1514/"
---

# HSN Sub-chapter 1514: Rape seed oil & fractions

Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified

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 |
| --- | --- |
| 15141110 | [Colza oil, crude](https://busy.in/hsn/hsn-15141110/) |
| 15141120 | [Rape oil, crude](https://busy.in/hsn/hsn-15141120/) |
| 15141190 | [Low Erucic Acid Rape or Colza Oil & Fractions: Crude Oil](https://busy.in/hsn/hsn-15141190/) |
| 15141910 | [Refined colza oil, edible grade](https://busy.in/hsn/hsn-15141910/) |
| 15141920 | [Refined rapeseed oil, edible grade](https://busy.in/hsn/hsn-15141920/) |
| 15141990 | [Low erucic acid rape/colza oil & fractions – Other](https://busy.in/hsn/hsn-15141990/) |
| 15149110 | [Other \| Crude Oil](https://busy.in/hsn/hsn-15149110/) |
| 15149120 | [Crude Oil & Mustard Oil](https://busy.in/hsn/hsn-15149120/) |
| 15149190 | [Other \| Crude Oil](https://busy.in/hsn/hsn-15149190/) |
| 15149910 | [Other : Other : Refined colza oil of edible grade](https://busy.in/hsn/hsn-15149910/) |
| 15149920 | [Refined mustard oil – Edible grade](https://busy.in/hsn/hsn-15149920/) |
| 15149930 | [Refined rapeseed oil: Edible grade](https://busy.in/hsn/hsn-15149930/) |
| 15149990 | [Rape, Colza, Mustard Oils & Fractions – Not Elsewhere Specified](https://busy.in/hsn/hsn-15149990/) |

## Frequently asked questions

### What products are classified under HSN 1514

It includes Rape seed oil & fractions

### What should my invoice and records include for Rape seed oil & fractions?

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.

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

Use a delivery challan for sending Rape 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.

### If I repair and return Rape seed oil & fractions, 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.

### Is the composition scheme suitable if I mainly trade Rape 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.

### Do spares or accessories of Rape seed oil & fractions 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.

## India's trade performance: HSN Sub-Chapter 1514 (FY 2024-25)

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

- Exports: ₹214 Cr (+10.85% YoY) — 0.0058% of India's total exports
- Imports: ₹123 Cr (+80.57% YoY) — 0.0020% of India's total imports
- Trade balance: ₹91 Cr (Surplus); surplus rank #393 of 1233 sub-chapters
- Share of Chapter 15: 1.24% of its exports; import side 0.08%
- Rank within Chapter 15: #10 of 21 by export value; import-side #10

### Key metrics

- Export CAGR: 26.77% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #687 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +105.38% in FY 2020-21
- Contribution to Ch. 15: 1.24% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 1514

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 | 51.55 | 0.0022% | — | 0.67% | 857.04 | 0.0239% | — | 1.23% | −805.49 | #834 |
| FY 2019-20 | 52.07 | 0.0024% | +1.01% | 0.63% | 338.78 | 0.0101% | −60.47% | 0.48% | −286.71 | #835 |
| FY 2020-21 | 106.94 | 0.0050% | +105.38% | 0.89% | 272.33 | 0.0093% | −19.61% | 0.33% | −165.39 | #708 |
| FY 2021-22 | 115.59 | 0.0037% | +8.09% | 1.00% | 563.34 | 0.0123% | +106.86% | 0.39% | −447.75 | #758 |
| FY 2022-23 | 172.36 | 0.0048% | +49.11% | 1.04% | 41.38 | 0.0007% | −92.65% | 0.02% | +130.98 | #709 |
| FY 2023-24 | 193.04 | 0.0053% | +12.00% | 1.28% | 67.98 | 0.0012% | +64.28% | 0.05% | +125.06 | #699 |
| FY 2024-25 | 213.99 | 0.0058% | +10.85% | 1.24% | 122.75 | 0.0020% | +80.57% | 0.08% | +91.24 | #687 |

- CAGR (7-year): exports 26.77%/yr, imports -27.67%/yr (consistently Surplus)

## Key trade insights: HSN Sub-Chapter 1514 export-import analysis

### Consistent export growth: 26.77% CAGR over 7 years

India's exports under HSN Sub-Chapter 1514 have grown at a compound annual rate of 26.77% over 7 fiscal years, rising from ₹51.55 Crore in FY 2018-19 to ₹213.99 Crore in FY 2024-25.

### HSN Sub-Chapter 1514 ranked #687 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 1514 ranks #687 out of 1233 sub-chapters by total export value. Within Chapter 15, it ranks #10 of 21. By trade surplus, it ranks #393 of 1233.

### FY 2020-21 was the strongest growth year for HSN Sub-Chapter 1514 exports

The strongest single-year export movement for HSN Sub-Chapter 1514 was recorded in FY 2020-21, when exports surged by 105.38% over the prior year.

### India maintains a trade surplus of ₹91.24 Crore in HSN Sub-Chapter 1514 goods

In FY 2024-25, India's exports of ₹213.99 Cr exceeded imports of ₹122.75 Cr, resulting in a trade surplus of ₹91.24 Crore — ranking #393 of 1233 by surplus magnitude.

### Import growth of -27.67% CAGR signals stable import dependency for Rape seed oil & fractions

India's imports under HSN Sub-Chapter 1514 have grown at -27.67% CAGR, reaching ₹122.75 Crore in FY 2024-25.

### HSN Sub-Chapter 1514 contributes 1.24% of Chapter 15 exports — ranked #10

Among the 21 sub-chapters under Chapter 15, HSN Sub-Chapter 1514 ranks #10 by export value — accounting for 1.24% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #10).

## 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 (this hsn sub-chapter) | ₹214 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/) |
| 1511 | [Palm oil](https://busy.in/hsn/sub-chapter-1511/) |
| 1512 | [Sunflower seed oil & fractions](https://busy.in/hsn/sub-chapter-1512/) |
| 1513 | [Coconut oil](https://busy.in/hsn/sub-chapter-1513/) |
| 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/) |