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Step into the intricate world of oil classification and taxation with our all-encompassing guide. Unveil the mysteries of Harmonized System (HS) and Harmonized System Nomenclature (HSN) codes, which meticulously categorize diverse oil types, while gaining a comprehensive understanding of the Goods and Services Tax (GST) rates that apply to each category. Whether you’re a business owner, an importer, an exporter, or simply an inquisitive individual, this resource empowers you with the knowledge to navigate the complexities of oil-related HS and HSN codes and the accompanying GST rates. Stay informed and make well-informed decisions with this indispensable reference at your disposal.
The Harmonized System Nomenclature (HSN) code for refined oil can vary depending on the type of oil. Refined oils typically fall under HSN code categories such as 1512 for sunflower-seed, safflower, or cottonseed oil, and 1514 for rape, colza, or mustard oil.
The Harmonized System (HS) code for refined cooking oil can also vary by the specific type of oil. For example, olive oil is classified under HS code 1509, while palm oil is categorized under HS code 1511.
The HSN code for oil depends on the type of oil being referred to. For instance, crude vegetable oil is classified under HSN code 1507, while crude palm oil is under HSN code 1511.
Soybean refined oil typically falls under HSN code 1507.
Corn refined oil is categorized under HSN code 1512.
Oil and gas have separate HSN codes. Crude petroleum oil is typically under HSN code 2709, while natural gas is under HSN code 2711.
Petroleum oils and oils obtained from bituminous minerals fall under HSN code 2710.
The HSN code for oil cans or containers in India can vary, depending on the material and purpose. It may fall under various codes, such as 7310 for containers of iron or steel or 3923 for containers of plastics.
HSN code 27101972 typically represents a specific type or grade of petroleum oil or bituminous mineral oil, but further details are needed to provide a precise classification.
HSN code 27101961 likely represents a specific subcategory of petroleum oil or bituminous mineral oil, but the exact details would depend on the specific characteristics of the oil.
Fatty oils usually fall under HSN code 1516, which covers animal or vegetable fats and oils and their fractions.
Vegetable fats and oils typically fall under HSN code 1516.
HSN codes for various oils can include 1507 for soybean oil, 1512 for corn oil, 1511 for palm oil, 1509 for olive oil, and 1514 for rape, colza, or mustard oil, among others.
Petroleum oils and oils obtained from bituminous minerals generally fall under HSN code 2710.
Butter and other fats and oils are usually categorized under HSN code 1517.
Edible oils can have different HSN codes depending on the specific type. For example, olive oil is typically under HSN code 1509, while palm oil is under HSN code 1511.
HSN code for used edible oil can vary depending on its use or disposal. It may be classified under waste or by-product codes, such as 15180020 for residues of edible oils.
Vegetable oils usually fall under HSN code 1518, which covers fats and oils and their fractions, other than fish liver oils and their fractions.
The Harmonized System (HS) code for edible vegetable oil can vary depending on the specific type. For example, olive oil is typically under HS code 1509, while palm oil is categorized under HS code 1511.
Oilseeds are classified under HSN code 1201, which covers products like soya beans, groundnuts, sunflower seeds, and various other seeds used for oil extraction.
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