What is HSN code 1514?

HSN code 1514 covers Rapeseed (canola) or mustard oil. It falls under the Fats & Oils category and attracts GST at 5%.

What is the GST rate for HSN code 1514?

The GST rate for HSN code 1514 (Rapeseed (canola) or mustard oil) is 5%. For intra-state supply: CGST 2.5% + SGST 2.5%. For inter-state supply: IGST 5%.

HSN Code 1514

Rapeseed (canola) or mustard oil

HSN Code1514

DescriptionRapeseed (canola) or mustard oil

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%
1509	Olive oil, virgin	5%
1510	Other olive oils and blends	5%
1513	Coconut oil (copra oil) and its fractions	5%
1516	Hydrogenated animal or vegetable fats (vanaspati)	5%

About HSN Code 1514

HSN code 1514 is used to classify rapeseed (canola) or mustard oil 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.