1516 HSN Code: Partially hydrogenated animal/veg oils

HSN Sub Chapter 1516 represents Partially hydrogenated animal/veg oils under GST classification. This code helps businesses identify Partially hydrogenated animal/veg oils correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1516, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Partially hydrogenated animal/veg oils.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 1516

GST Rate for Partially hydrogenated animal/veg oils under HSN Code 1516. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

15

HSN Code

HSN Description

Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1516

Following tariff HSN codes fall under Partially hydrogenated animal/veg oils.

Tariff HSN

Description

Animal fats and oils and their fractions

Tariff HSN

Description

Vegetable fats and oils and their fractions : Cotton Seed oil : Edible grade

Tariff HSN

Description

Vegetable fats and oils and their fractions : Cotton Seed oil : Other

Tariff HSN

Description

Vegetable fats and oils and their fractions : Groundnut oil : Edible grade

Tariff HSN

Description

Vegetable fats and oils and their fractions : Groundnut oil : other

Tariff HSN

Description

Vegetable fats and oils and their fractions : Hydrogenated castor oil (opal-wax) : Edible grade

Tariff HSN

Description

Vegetable fats and oils and their fractions : Hydrogenated castor oil (opal-wax) : Other

Tariff HSN

Description

Vegetable fats and oils and their fractions : Other : Edible grade

Tariff HSN

Description

Vegetable fats and oils and their fractions : Other : Other

Tariff HSN

Description

Microbial fats and oils and their fractions

India’s Trade Performance — HSN Sub-Chapter 1516 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

₹954 Cr

+22.13% vs FY 2023-24

0.0258% of India’s total exports

India’s Imports

FY 2024-25

₹386 Cr

+112.58% vs FY 2023-24

0.0063% of India’s total imports

Trade Balance

FY 2024-25

₹568 Cr

Trade Surplus

Surplus rank #246 of 1233 subchapters

% of Chapter 15

FY 2024-25

5.52%

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

Import side: 0.26% of Chapter 15’s imports

Rank Within Chapter 15

FY 2024-25

#3 of 21

Position by export value among subchapters in Chapter 15

Import-side rank: #8 of 21

At a glance

9.98%

Export CAGR

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

#399

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+48.76%

Peak Growth Year

FY 2022-23 · strongest single-year move

5.52%

Contribution to Ch. 15

Share of Chapter 15 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1516

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 #405

Balance

+383.84

Exports

539.23 ₹ Cr

0.0235% share

YoY

7.04% of Ch. 15

Imports

155.39 ₹ Cr

0.0043% share

YoY

0.22% of Ch. 15

FY 2019-20 Exp. Rank #369

Balance

+438.01

Exports

608.69 ₹ Cr

0.0276% share

+12.88% YoY

7.38% of Ch. 15

Imports

170.68 ₹ Cr

0.0051% share

+9.84% YoY

0.24% of Ch. 15

FY 2020-21 Exp. Rank #397

Balance

+343.89

Exports

585.62 ₹ Cr

0.0272% share

−3.79% YoY

4.85% of Ch. 15

Imports

241.73 ₹ Cr

0.0083% share

+41.63% YoY

0.29% of Ch. 15

FY 2021-22 Exp. Rank #390

Balance

+386.77

Exports

793.82 ₹ Cr

0.0253% share

+35.55% YoY

6.89% of Ch. 15

Imports

407.05 ₹ Cr

0.0089% share

+68.39% YoY

0.28% of Ch. 15

FY 2022-23 Exp. Rank #353

Balance

+954.52

Exports

1,180.87 ₹ Cr

0.0326% share

+48.76% YoY

7.12% of Ch. 15

Imports

226.35 ₹ Cr

0.0039% share

−44.39% YoY

0.13% of Ch. 15

FY 2023-24 Exp. Rank #422

Balance

+599.82

Exports

781.24 ₹ Cr

0.0216% share

−33.84% YoY

5.17% of Ch. 15

Imports

181.42 ₹ Cr

0.0032% share

−19.85% YoY

0.15% of Ch. 15

FY 2024-25 Exp. Rank #399

Balance

+568.49

Exports

954.15 ₹ Cr

0.0258% share

+22.13% YoY

5.52% of Ch. 15

Imports

385.66 ₹ Cr

0.0063% share

+112.58% YoY

0.26% of Ch. 15

CAGR · 7-Year

Exports

9.98% /yr

Imports

16.36% /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 1516 Export-Import Analysis

Consistent Export Growth: 9.98% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1516 have grown at a compound annual rate of 9.98% over 7 fiscal years, rising from ₹539.23 Crore in FY 2018-19 to ₹954.15 Crore in FY 2024-25.

HSN Sub-Chapter 1516 Ranked #399 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1516 ranks #399 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #3 of 21. By trade surplus, it ranks #246 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 1516 Exports

The strongest single-year export movement for HSN Sub-Chapter 1516 was recorded in FY 2022-23, when exports surged by 48.76% over the prior year.

India Maintains a Trade Surplus of ₹568.49 Crore in HSN Sub-Chapter 1516 Goods

In FY 2024-25, India's exports of ₹954.15 Cr exceeded imports of ₹385.66 Cr, resulting in a trade surplus of ₹568.49 Crore — ranking #246 of 1233 by surplus magnitude.

Import Growth of 16.36% CAGR Signals Rising Demand for Partially hydrogenated animal/veg oils

India's imports under HSN Sub-Chapter 1516 have grown at 16.36% CAGR, reaching ₹385.66 Crore in FY 2024-25.

HSN Sub-Chapter 1516 Contributes 5.52% of Chapter 15 Exports — Ranked #3

Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1516 ranks #3 by export value — accounting for 5.52% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.26% share (rank #8).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1516 and GST compliance.

What products are classified under HSN 1516

It includes Partially hydrogenated animal/veg oils

What misclassification mistakes happen with Partially hydrogenated animal/veg oils?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

How should I document Partially hydrogenated animal/veg oils sent for job work?

Use a delivery challan for sending Partially hydrogenated animal/veg oils 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 Partially hydrogenated animal/veg oils, 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 Partially hydrogenated animal/veg oils?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Partially hydrogenated animal/veg oils 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.

Any special steps when selling Partially hydrogenated animal/veg oils 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.

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.

Explore More HSN Codes from Chapter 15