What is HSN code 1516?

HSN code 1516 covers Hydrogenated animal or vegetable fats (vanaspati). It falls under the Fats & Oils category and attracts GST at 5%.

What is the GST rate for HSN code 1516?

The GST rate for HSN code 1516 (Hydrogenated animal or vegetable fats (vanaspati)) is 5%. For intra-state supply: CGST 2.5% + SGST 2.5%. For inter-state supply: IGST 5%.

HSN Code 1516

Hydrogenated animal or vegetable fats (vanaspati)

HSN Code1516

DescriptionHydrogenated animal or vegetable fats (vanaspati)

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%
1514	Rapeseed (canola) or mustard oil	5%

About HSN Code 1516

HSN code 1516 is used to classify hydrogenated animal or vegetable fats (vanaspati) 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.