1517 HSN Code: Margarine & fat mixes

HSN Sub Chapter 1517 represents Margarine & fat mixes under GST classification. This code helps businesses identify Margarine & fat mixes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1517, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Margarine & fat mixes.

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New GST Rate for HSN Code 1517

GST Rate for Margarine & fat mixes under HSN Code 1517. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

15

HSN Code

HSN Description

Margarine; edible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this chapter, other than edible fats and oils or their fractions of heading 1516

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1517

Following tariff HSN codes fall under Margarine & fat mixes.

Tariff HSN

Description

Margarine, excluding liquid margarine : Of animal origin

Tariff HSN

Description

Margarine, excluding liquid margarine : Of vegetable origin : Edible grade

Tariff HSN

Description

Margarine, excluding liquid margarine : Of vegetable origin : Linoxyn

Tariff HSN

Description

Margarine, excluding liquid margarine : Of vegetable origin : Other

Tariff HSN

Description

Other : Sal fat (processed or refined)

Tariff HSN

Description

Other : Imitation lard of animal origin

Tariff HSN

Description

Other : Imitation lard of vegetable origin

Tariff HSN

Description

Other : Other (of vegetable origin)

Tariff HSN

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 1517 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

₹213 Cr

+143.26% vs FY 2023-24

0.0057% of India’s total exports

India’s Imports

FY 2024-25

₹32 Cr

−21.61% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

₹181 Cr

Trade Surplus

Surplus rank #344 of 1233 subchapters

% of Chapter 15

FY 2024-25

1.23%

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

Import side: 0.02% of Chapter 15’s imports

Rank Within Chapter 15

FY 2024-25

#11 of 21

Position by export value among subchapters in Chapter 15

Import-side rank: #14 of 21

At a glance

33.07%

Export CAGR

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

#689

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+143.26%

Peak Growth Year

FY 2024-25 · strongest single-year move

1.23%

Contribution to Ch. 15

Share of Chapter 15 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1517

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 #873

Balance

−4.74

Exports

38.34 ₹ Cr

0.0017% share

YoY

0.50% of Ch. 15

Imports

43.08 ₹ Cr

0.0012% share

YoY

0.06% of Ch. 15

FY 2019-20 Exp. Rank #863

Balance

−8.89

Exports

43.86 ₹ Cr

0.0020% share

+14.40% YoY

0.53% of Ch. 15

Imports

52.75 ₹ Cr

0.0016% share

+22.45% YoY

0.08% of Ch. 15

FY 2020-21 Exp. Rank #785

Balance

+9.13

Exports

69.75 ₹ Cr

0.0032% share

+59.03% YoY

0.58% of Ch. 15

Imports

60.62 ₹ Cr

0.0021% share

+14.92% YoY

0.07% of Ch. 15

FY 2021-22 Exp. Rank #869

Balance

−9.48

Exports

54.25 ₹ Cr

0.0017% share

−22.22% YoY

0.47% of Ch. 15

Imports

63.73 ₹ Cr

0.0014% share

+5.13% YoY

0.04% of Ch. 15

FY 2022-23 Exp. Rank #784

Balance

+39.77

Exports

116.72 ₹ Cr

0.0032% share

+115.15% YoY

0.70% of Ch. 15

Imports

76.95 ₹ Cr

0.0013% share

+20.74% YoY

0.05% of Ch. 15

FY 2023-24 Exp. Rank #821

Balance

+46.33

Exports

87.51 ₹ Cr

0.0024% share

−25.03% YoY

0.58% of Ch. 15

Imports

41.18 ₹ Cr

0.0007% share

−46.48% YoY

0.03% of Ch. 15

FY 2024-25 Exp. Rank #689

Balance

+180.60

Exports

212.88 ₹ Cr

0.0057% share

+143.26% YoY

1.23% of Ch. 15

Imports

32.28 ₹ Cr

0.0005% share

−21.61% YoY

0.02% of Ch. 15

CAGR · 7-Year

Exports

33.07% /yr

Imports

−4.70% /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 1517 Export-Import Analysis

Consistent Export Growth: 33.07% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1517 have grown at a compound annual rate of 33.07% over 7 fiscal years, rising from ₹38.34 Crore in FY 2018-19 to ₹212.88 Crore in FY 2024-25.

HSN Sub-Chapter 1517 Ranked #689 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1517 ranks #689 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #11 of 21. By trade surplus, it ranks #344 of 1233.

FY 2024-25 Was the Strongest Growth Year for HSN Sub-Chapter 1517 Exports

The strongest single-year export movement for HSN Sub-Chapter 1517 was recorded in FY 2024-25, when exports surged by 143.26% over the prior year.

India Maintains a Trade Surplus of ₹180.60 Crore in HSN Sub-Chapter 1517 Goods

In FY 2024-25, India's exports of ₹212.88 Cr exceeded imports of ₹32.28 Cr, resulting in a trade surplus of ₹180.60 Crore — ranking #344 of 1233 by surplus magnitude.

Import Growth of −4.70% CAGR Signals Stable Import Dependency for Margarine & fat mixes

India's imports under HSN Sub-Chapter 1517 have grown at −4.70% CAGR, reaching ₹32.28 Crore in FY 2024-25.

HSN Sub-Chapter 1517 Contributes 1.23% of Chapter 15 Exports — Ranked #11

Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1517 ranks #11 by export value — accounting for 1.23% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1517 and GST compliance.

What products are classified under HSN 1517

It includes Margarine & fat mixes

How should I document Margarine & fat mixes sent for job work?

Use a delivery challan for sending Margarine & fat mixes 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.

Any special steps when selling Margarine & fat mixes 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.

What misclassification mistakes happen with Margarine & fat mixes?

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.

Does MRP, weight or pack size change GST treatment for Margarine & fat mixes?

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.

How do I bill a kit or combo that includes Margarine & fat mixes?

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.

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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