15042020Tariff Item (8-digit)Section III

HSN Code 15042020Fish Lipid Oil

Full GST classification for Fish Lipid Oil — chapter, heading and tariff hierarchy, GST rate slabs and related HSN codes. Updated for India GST.

HSN Code

15042020

Chapter

15

Digits

8-digit

Section

III

What is HSN Code 15042020?

HSN code 15042020 is the Harmonized System of Nomenclature classification for Fish Lipid Oil under India's Goods and Services Tax (GST). It is a 8-digit code sitting at the tariff item (8-digit) level of the HSN hierarchy.

This code belongs to Chapter 15 — Animal,Vegetable Or Microbial Fats And Oils And Their Cleavage…, which is part of Section III: Animal or Vegetable Fats, Oils & Waxes. Every GST-registered business supplying fish lipid oil must quote HSN 15042020 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.

Classification breakdown of 15042020

LevelCodeDescription
Chapter15animal,vegetable or microbial fats and oils and their cleavage products, prepared edible fats, animal or vegetable waxes
Heading1504fats and oils and their fractions, of fish or marine mammals, whether or not refined, but not chemically modified
Sub-heading150420fats and oils and their fractions of fish, other than liver oils :
Tariff15042020fish lipid oil

GST rate for HSN 15042020

Goods under HSN 15042020 attract GST at one of the five standard slabs. The exact rate depends on the specific product and the latest GST Council notification — always confirm before invoicing.

0%

Nil / Exempt

Fresh produce, milk, cereals, books

5%

Merit rate

Essentials, packaged food, transport

12%

Standard-low

Processed food, mobiles, apparel > ₹1,000

18%

Standard

Most goods, electronics, services

28%

Demerit / luxury

Cars, cement, aerated drinks, tobacco

Find the exact GST rate for Fish Lipid Oil

HSN Code 15042020 — FAQs

What is HSN code 15042020?

HSN code 15042020 classifies "Fish Lipid Oil" under India's GST regime. It falls under Chapter 15 (Animal,Vegetable Or Microbial Fats And Oils And Their Cleavage…) of the Harmonized System of Nomenclature.

How many digits is HSN code 15042020?

15042020 is a 8-digit HSN code — a tariff item (8-digit). Businesses declare 4-digit HSN (turnover up to ₹5 crore) or 6-digit HSN (above ₹5 crore) on GST invoices; 8-digit codes are used for exports and imports.

What is the GST rate for HSN code 15042020?

Goods under HSN 15042020 are taxed at one of the GST slabs — 0%, 5%, 12%, 18% or 28% — depending on the exact product and the latest GST Council notification. Use the Laabam.One GST Rate Finder to confirm the current rate for Fish Lipid Oil.

Which chapter does HSN code 15042020 belong to?

HSN 15042020 belongs to Chapter 15 — Animal,Vegetable Or Microbial Fats And Oils And Their Cleavage…, part of Section III: Animal or Vegetable Fats, Oils & Waxes.

Auto-fill HSN 15042020 on every invoice

Laabam.One ERP stores HSN codes against your products and auto-populates them on GST invoices, e-invoices and GSTR-1 — no manual lookup, no classification errors.