What is HSN code 1509?

HSN code 1509 covers Olive oil, virgin. It falls under the Fats & Oils category and attracts GST at 5%.

What is the GST rate for HSN code 1509?

The GST rate for HSN code 1509 (Olive oil, virgin) is 5%. For intra-state supply: CGST 2.5% + SGST 2.5%. For inter-state supply: IGST 5%.

HSN Code 1509

Olive oil, virgin

HSN Code1509

DescriptionOlive oil, virgin

CategoryFats & Oils

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 Fats & Oils

HSN Code	Description	GST Rate
1502	Rendered fats of bovine animals, sheep or goats (tallow)	5%
1504	Fish oils and fats (cod liver oil)	5%
1508	Groundnut (peanut) oil and its fractions	5%
1510	Other olive oils and blends	5%
1513	Coconut oil (copra oil) and its fractions	5%
1514	Rapeseed (canola) or mustard oil	5%
1516	Hydrogenated animal or vegetable fats (vanaspati)	5%

About HSN Code 1509

HSN code 1509 is used to classify olive oil, virgin under the Goods and Services Tax (GST) system in India. This code falls under the Fats & Oils 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.