GST rate for oil

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This discussion clarifies the Goods and Services Tax (GST) applicable to used cooking oil sold after its use in manufacturing. The consensus is that GST is indeed applicable, with a rate of 5%. The relevant HSN code identified is 1515, which covers other fixed vegetable fats and oils, including fractions thereof, whether refined or not, but not chemically modified.

Padmavathi

Padmavathi (Querist)

09 July 2021 What is the GST rate for cooking oil when it is sold after used in the manufacturing process? (Sale of used oil) & HSN code ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

09 July 2021 GST not applicable on such oil as it's not included under taxable list'.

Sonnal Khandaray

Sonnal Khandaray (Expert)

06 September 2021 1515-Other fixed vegetable fats and oils (including jojoba oil) and their fractions, whether or not refined, but not chemically modified - 5% GST RATE is applicable.

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