1518 HSN Code: Animal & vegetable fats & oils

HSN Sub Chapter 1518 represents Animal & vegetable fats & oils under GST classification. This code helps businesses identify Animal & vegetable fats & oils correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1518, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Animal & vegetable fats & oils.

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New GST Rate for HSN Code 1518

GST Rate for Animal & vegetable fats & oils under HSN Code 1518. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

15

HSN Code

1518

HSN Description

Animal, vegetable or microbial fats and oils and their fractions, boiled, oxidised, dehydrated, sulphurised, blown, polymerised by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 1516; inedible mixtures or preparations of animal, vegetable or microbial fats or oils or of fractions of different fats or oils of this chapter, not elsewhere specified or included

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 1518

Following tariff HSN codes fall under Animal & vegetable fats & oils.

Tariff HSN

15180011

Description

Animal or vegetable fats and oils and their fractions, boiled, oxidized, dehydrated, sulphurised, blown, polymerized by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 1516; inedible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, not elsewhere specified or included : Lin seed oil : Edible grade (of vegetable origin)

Tariff HSN

15180011

Description

Animal or vegetable fats and oils and their fractions, boiled, oxidized, dehydrated, sulphurised, blown, polymerized by heat in vacuum or in inert gas or otherwise chemically modified, excluding those of heading 1516; inedible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this Chapter, not elsewhere specified or included : Lin seed oil : Edible grade

Tariff HSN

15180019

Description

Other

Tariff HSN

15180021

Description

Edible grade

Tariff HSN

15180029

Description

Other

Tariff HSN

15180031

Description

Edible grade

Tariff HSN

15180039

Description

Other

Tariff HSN

15180040

Description

Other

India’s Trade Performance — HSN Sub-Chapter 1518 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

₹378 Cr

−5.53% vs FY 2023-24

0.0102% of India’s total exports

India’s Imports

FY 2024-25

₹18 Cr

+140.16% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹359 Cr

Trade Surplus

Surplus rank #281 of 1233 subchapters

% of Chapter 15

FY 2024-25

2.19%

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

Import side: 0.01% of Chapter 15’s imports

Rank Within Chapter 15

FY 2024-25

#7 of 21

Position by export value among subchapters in Chapter 15

Import-side rank: #15 of 21

At a glance

7.77%

Export CAGR

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

#585

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+111.82%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.19%

Contribution to Ch. 15

Share of Chapter 15 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 1518

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 #576

Balance

+138.48

Exports

241.03 ₹ Cr

0.0105% share

— YoY

3.15% of Ch. 15

Imports

102.55 ₹ Cr

0.0029% share

— YoY

0.15% of Ch. 15

FY 2019-20 Exp. Rank #731

Balance

−134.25

Exports

94.46 ₹ Cr

0.0043% share

−60.81% YoY

1.14% of Ch. 15

Imports

228.71 ₹ Cr

0.0068% share

+123.02% YoY

0.33% of Ch. 15

FY 2020-21 Exp. Rank #776

Balance

+48.79

Exports

75.27 ₹ Cr

0.0035% share

−20.32% YoY

0.62% of Ch. 15

Imports

26.48 ₹ Cr

0.0009% share

−88.42% YoY

0.03% of Ch. 15

FY 2021-22 Exp. Rank #700

Balance

+108.81

Exports

159.44 ₹ Cr

0.0051% share

+111.82% YoY

1.38% of Ch. 15

Imports

50.63 ₹ Cr

0.0011% share

+91.20% YoY

0.04% of Ch. 15

FY 2022-23 Exp. Rank #655

Balance

+217.76

Exports

242.59 ₹ Cr

0.0067% share

+52.15% YoY

1.46% of Ch. 15

Imports

24.83 ₹ Cr

0.0004% share

−50.96% YoY

0.01% of Ch. 15

FY 2023-24 Exp. Rank #569

Balance

+392.12

Exports

399.69 ₹ Cr

0.0110% share

+64.76% YoY

2.65% of Ch. 15

Imports

7.57 ₹ Cr

0.0001% share

−69.51% YoY

0.01% of Ch. 15

FY 2024-25 Exp. Rank #585

Balance

+359.40

Exports

377.58 ₹ Cr

0.0102% share

−5.53% YoY

2.19% of Ch. 15

Imports

18.18 ₹ Cr

0.0003% share

+140.16% YoY

0.01% of Ch. 15

CAGR · 7-Year

Exports

7.77% /yr

Imports

−25.05% /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 1518 Export-Import Analysis

Consistent Export Growth: 7.77% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 1518 have grown at a compound annual rate of 7.77% over 7 fiscal years, rising from ₹241.03 Crore in FY 2018-19 to ₹377.58 Crore in FY 2024-25.

HSN Sub-Chapter 1518 Ranked #585 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 1518 ranks #585 out of 1233 subchapters by total export value. Within Chapter 15, it ranks #7 of 21. By trade surplus, it ranks #281 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 1518 Exports

The strongest single-year export movement for HSN Sub-Chapter 1518 was recorded in FY 2021-22, when exports surged by 111.82% over the prior year.

India Maintains a Trade Surplus of ₹359.40 Crore in HSN Sub-Chapter 1518 Goods

In FY 2024-25, India's exports of ₹377.58 Cr exceeded imports of ₹18.18 Cr, resulting in a trade surplus of ₹359.40 Crore — ranking #281 of 1233 by surplus magnitude.

Import Growth of −25.05% CAGR Signals Stable Import Dependency for Animal & vegetable fats & oils

India's imports under HSN Sub-Chapter 1518 have grown at −25.05% CAGR, reaching ₹18.18 Crore in FY 2024-25.

HSN Sub-Chapter 1518 Contributes 2.19% of Chapter 15 Exports — Ranked #7

Among the 21 subchapters under Chapter 15, HSN Sub-Chapter 1518 ranks #7 by export value — accounting for 2.19% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 1518 and GST compliance.

What products are classified under HSN 1518

It includes Animal & vegetable fats & oils

Any import/export nuance for Animal & vegetable fats & oils?

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 Animal & vegetable fats & 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.

Can reverse charge ever apply to transactions involving Animal & vegetable fats & oils?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Animal & vegetable fats & oils are forward charge. Check the current notifications for any special cases before deciding.

Can I claim ITC on inputs and services used for Animal & vegetable fats & oils?

If your outward supply of Animal & vegetable fats & oils is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

What should my invoice and records include for Animal & vegetable fats & oils?

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.

Does MRP, weight or pack size change GST treatment for Animal & vegetable fats & oils?

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.

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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