1515 HSN Code: Vegetable Oils & Fats

HSN Sub Chapter 1515 represents Vegetable Oils & Fats under GST classification. This code helps businesses identify Vegetable Oils & Fats correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1515, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Vegetable Oils & Fats.

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New GST Rate for HSN Code 1515

GST Rate for Vegetable Oils & Fats under HSN Code 1515. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

15

HSN Code

1515

HSN Description

Other fixed vegetable or microbial fats and oils (including jojoba oil) and their 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 1515

Following tariff HSN codes fall under Vegetable Oils & Fats.

Tariff HSN

15151100

Description

Linseed oil and its fractions : Crude oil

Tariff HSN

15151910

Description

Linseed oil and its fractions : Other : Edible grade

Tariff HSN

15151990

Description

Linseed oil and its fractions : Other : Other

Tariff HSN

15152100

Description

Maize (Corn) oil and its fractions : Crude oil

Tariff HSN

15152910

Description

Maize (Corn) oil and its fractions : Other : Edible grade

Tariff HSN

15152990

Description

Maize (Corn) oil and its fractions : Other : Other

Tariff HSN

15153010

Description

Castor oil and its fractions : Edible grade

Tariff HSN

15153090

Description

Castor oil and its fractions : Other

Tariff HSN

15154000

Description

Other fixed vegetable fats and oils (including jojoba oil) and their fractions, whether or not refined, but not chemically modified - tung oil and its fractions

Tariff HSN

15155010

Description

Seasame oil and its fractions : Crude oil

Tariff HSN

15155091

Description

Seasame oil and its fractions : Other : Edible grade

Tariff HSN

15155099

Description

Seasame oil and its fractions : Other : Other

Tariff HSN

15156000

Description

Microbial fats and oils and their fractions

Tariff HSN

15159010

Description

Other : Fixed vegetable oils, namely the following:chul moogra oil, mawra oil, kokam oil,tobacco seed oil, sal oil

Tariff HSN

15159020

Description

Other : Fixed vegetable oils, namely the following:neem seed oil, karanj oil, silk cotton seed oil,khakhon oil, water melon oil, kusum oil, rubberseed oil, dhup oil, undi oil, maroti oil, pisa oil,nahar oil

Tariff HSN

15159030

Description

Other : Fixed vegetable oils, namely the following:cardamom oil, chillies or capsicum oil, turmeric oil, ajwain seed oil, niger seed oil, garlic oil

Tariff HSN

15159040

Description

Other : Fixed vegetable oils of edible grade namely the following: mango kernel oil, mahua oil, rice bran oil

Tariff HSN

15159091

Description

Other : Other : Edible grade

Tariff HSN

15159099

Description

Other : Other : Other

India’s Trade Performance — HSN Sub-Chapter 1515 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

₹10,394 Cr

+12.70% vs FY 2023-24

0.2807% of India’s total exports

India’s Imports

FY 2024-25

₹1,011 Cr

+67.56% vs FY 2023-24

0.0166% of India’s total imports

Trade Balance

FY 2024-25

₹9,383 Cr

Trade Surplus

Surplus rank #31 of 1233 subchapters

% of Chapter 15

FY 2024-25

60.18%

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

Import side: 0.68% of Chapter 15’s imports

Rank Within Chapter 15

FY 2024-25

#1 of 21

Position by export value among subchapters in Chapter 15

Import-side rank: #5 of 21

At a glance

9.11%

Export CAGR

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

#61

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+23.29%

Peak Growth Year

FY 2021-22 · strongest single-year move

60.18%

Contribution to Ch. 15

Share of Chapter 15 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1515

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 #65

Balance

+6,023.02

Exports

6,159.77 ₹ Cr

0.2684% share

— YoY

80.39% of Ch. 15

Imports

136.75 ₹ Cr

0.0038% share

— YoY

0.20% of Ch. 15

FY 2019-20 Exp. Rank #61

Balance

+5,850.56

Exports

6,547.64 ₹ Cr

0.2964% share

+6.30% YoY

79.36% of Ch. 15

Imports

697.08 ₹ Cr

0.0208% share

+409.75% YoY

1.00% of Ch. 15

FY 2020-21 Exp. Rank #50

Balance

+6,066.68

Exports

7,104.25 ₹ Cr

0.3303% share

+8.50% YoY

58.79% of Ch. 15

Imports

1,037.57 ₹ Cr

0.0356% share

+48.85% YoY

1.24% of Ch. 15

FY 2021-22 Exp. Rank #61

Balance

+7,115.57

Exports

8,759.10 ₹ Cr

0.2791% share

+23.29% YoY

75.98% of Ch. 15

Imports

1,643.53 ₹ Cr

0.0360% share

+58.40% YoY

1.14% of Ch. 15

FY 2022-23 Exp. Rank #57

Balance

+8,900.19

Exports

10,015.58 ₹ Cr

0.2766% share

+14.34% YoY

60.38% of Ch. 15

Imports

1,115.39 ₹ Cr

0.0194% share

−32.13% YoY

0.66% of Ch. 15

FY 2023-24 Exp. Rank #66

Balance

+8,619.81

Exports

9,223.23 ₹ Cr

0.2549% share

−7.91% YoY

61.04% of Ch. 15

Imports

603.42 ₹ Cr

0.0107% share

−45.90% YoY

0.48% of Ch. 15

FY 2024-25 Exp. Rank #61

Balance

+9,383.19

Exports

10,394.26 ₹ Cr

0.2807% share

+12.70% YoY

60.18% of Ch. 15

Imports

1,011.07 ₹ Cr

0.0166% share

+67.56% YoY

0.68% of Ch. 15

CAGR · 7-Year

Exports

9.11% /yr

Imports

39.58% /yr

Consistently Surplus
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 1515 Export-Import Analysis

Consistent Export Growth: 9.11% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1515 have grown at a compound annual rate of 9.11% over 7 fiscal years, rising from ₹6,159.77 Crore in FY 2018-19 to ₹10,394.26 Crore in FY 2024-25.

HSN Sub-Chapter 1515 Ranked #61 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1515 ranks #61 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #1 of 21. By trade surplus, it ranks #31 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 1515 Exports

The strongest single-year export movement for HSN Sub-Chapter 1515 was recorded in FY 2021-22, when exports surged by 23.29% over the prior year.

India Maintains a Trade Surplus of ₹9,383.19 Crore in HSN Sub-Chapter 1515 Goods

In FY 2024-25, India's exports of ₹10,394.26 Cr exceeded imports of ₹1,011.07 Cr, resulting in a trade surplus of ₹9,383.19 Crore — ranking #31 of 1233 by surplus magnitude.

Import Growth of 39.58% CAGR Signals Rising Demand for Vegetable Oils & Fats

India's imports under HSN Sub-Chapter 1515 have grown at 39.58% CAGR, reaching ₹1,011.07 Crore in FY 2024-25.

HSN Sub-Chapter 1515 Contributes 60.18% of Chapter 15 Exports — Ranked #1

Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1515 ranks #1 by export value — accounting for 60.18% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.68% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1515 and GST compliance.

What products are classified under HSN 1515

It includes Vegetable Oils & Fats

Any import/export nuance for Vegetable Oils & Fats?

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.

If I repair and return Vegetable Oils & Fats, 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.

Does packaging or branding change how GST applies to Vegetable Oils & Fats?

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

What should my invoice and records include for Vegetable Oils & Fats?

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 Vegetable Oils & Fats sent for job work?

Use a delivery challan for sending Vegetable Oils & Fats 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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