GST Rate on Soybean Oil
5%
GST Rate
- Product
- Soybean Oil
- HSN/SAC Code
- 1507
- GST Rate
- 5%
- CGST
- 2.5%
- SGST
- 2.5%
- IGST
- 5%
- Category
- Food
Example GST Calculation
| Taxable Value | ₹10,000 |
| GST @ 5% | ₹500 |
| ↳ CGST @ 2.5% | ₹250 |
| ↳ SGST @ 2.5% | ₹250 |
| Total | ₹10,500 |
Calculate GST on Soybean Oil →
Related HSN Codes
| HSN Code | Description | GST Rate |
|---|---|---|
| 1201 | Soybeans, whether or not broken | 0% |
| 2304 | Oil-cake and residues of soybean oil extraction | 0% |