What is HSN code 1507?

HSN code 1507 covers Soya-bean oil. It falls under the Food category and attracts GST at 5%.

What is the GST rate for HSN code 1507?

The GST rate for HSN code 1507 (Soya-bean oil) is 5%. For intra-state supply: CGST 2.5% + SGST 2.5%. For inter-state supply: IGST 5%.

HSN Code 1507

Soya-bean oil

HSN Code1507

DescriptionSoya-bean oil

CategoryFood

GST Rate5%

CGST + SGST (Intra-state)2.5% + 2.5%

IGST (Inter-state)5%

Example Calculation

On a taxable value of ₹10,000.00: GST = ₹500.00, Total = ₹10,500.00

Calculate GST at 5%Search More HSN Codes

Related HSN Codes in Food

HSN Code	Description	GST Rate
0201	Meat of bovine animals, fresh or chilled	0%
0401	Milk and cream, not concentrated	0%
0402	Milk and cream, concentrated or sweetened	5%
0406	Cheese and curd	5%
0701	Potatoes, fresh or chilled	0%
0702	Tomatoes, fresh or chilled	0%
0713	Dried leguminous vegetables (dal, lentils)	0%
0901	Coffee, whether or not roasted	5%

About HSN Code 1507

HSN code 1507 is used to classify soya-bean oil under the Goods and Services Tax (GST) system in India. This code falls under the Food category and attracts a GST rate of 5%.

HSN (Harmonized System of Nomenclature) is an internationally standardized system of names and numbers to classify traded products. Under GST, businesses with turnover above ₹5 crore must report 6-digit HSN codes on invoices, while those between ₹1.5 crore and ₹5 crore must report 4-digit codes.