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

Sonnal Khandaray

Sonnal Khandaray (Expert)
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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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