About HS Code 151530
This HS code encompasses castor oil and its various fractions, whether they are in a crude or refined state, provided they have not been chemically modified beyond standard refining processes. Castor oil is a unique vegetable oil, highly valued for its high ricinoleic acid content, which imparts distinct properties. This makes it an indispensable ingredient across a wide array of industries, including pharmaceuticals (as a laxative or excipient), cosmetics (in lipsticks and lotions), lubricants, paints, coatings, and even in the production of bio-based plastics. India is the overwhelming global leader in both the production and export of castor oil, with significant importing markets found in China, the European Union, and the United States, where it's utilized by specialized chemical and pharmaceutical manufacturers. Key considerations in its trade include ensuring specific purity levels, meeting pharmacopoeia standards for medicinal grades, and managing supply chain stability given its concentrated production.
Products Under This Code
Refined castor oil, Crude castor oil, Hydrogenated castor oil (not chemically modified), Dehydrated castor oil (not chemically modified), Castor oil fractions, USP grade castor oil, Industrial grade castor oil
Real World Examples
Skyrun Castor Oil, Ambuja Solvex Castor Oil, Jayant Agro-Organics Castor Oil, Now Solutions Castor Oil
Common Misclassification
This code can be confused with other vegetable oils under Chapter 15 if not clearly identified as castor oil, or with 151800 if it has undergone significant chemical modification beyond simple refining.
Products Classified Under 1515.30
Industry
This code belongs to the Food & Beverages industry.
Trade Overview
India is the world's largest producer and exporter of castor oil, with major importers including China, the European Union, and the United States.
Frequently Asked Questions
What is HS code 151530?
HS code 151530 covers: Vegetable oils; castor oil and its fractions, whether or not refined, but not chemically modified. This HS code encompasses castor oil and its various fractions, whether they are in a crude or refined state, provided they have not been chemically modified beyond standard refining processes. Castor oil is a unique vegetable oil, highly valued for its high ricinoleic acid content, which imparts distinct properties. This makes it an indispensable ingredient across a wide array of industries, including pharmaceuticals (as a laxative or excipient), cosmetics (in lipsticks and lotions), lubricants, paints, coatings, and even in the production of bio-based plastics. India is the overwhelming global leader in both the production and export of castor oil, with significant importing markets found in China, the European Union, and the United States, where it's utilized by specialized chemical and pharmaceutical manufacturers. Key considerations in its trade include ensuring specific purity levels, meeting pharmacopoeia standards for medicinal grades, and managing supply chain stability given its concentrated production.
What products fall under HS code 151530?
Refined castor oil, Crude castor oil, Hydrogenated castor oil (not chemically modified), Dehydrated castor oil (not chemically modified), Castor oil fractions, USP grade castor oil, Industrial grade castor oil
What are common misclassifications for HS code 151530?
This code can be confused with other vegetable oils under Chapter 15 if not clearly identified as castor oil, or with 151800 if it has undergone significant chemical modification beyond simple refining.
How is HS code 151530 structured?
HS code 151530 is a 6-digit subheading under the Harmonized System. The first 2 digits (15) identify the chapter, digits 3-4 (15) identify the heading, and digits 5-6 (30) specify the subheading. This code is standardized globally by the World Customs Organization.