HSN Code 1514: Rape, colza, mustard oil
HSN code 1514 classifies rape, colza, mustard oil under India's GST system. GST rate: 5%.
GST Rate Breakdown
- GST Rate: 5%
- CGST + SGST (intra-state): 2.5% + 2.5%
- IGST (inter-state): 5%
Rate reflects the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Some items vary by price or type, so confirm the current rate on the official GST portal before invoicing.
The 5% slab covers daily-use items and essentials
The 5% slab covers daily-use items and essentials. Rape, colza, mustard oil sits in this bracket, keeping prices low for consumers. Full ITC available.
Sample Calculation for Rape, colza, mustard oil
- Taxable value: ₹10,000
- GST (5%): ₹500
- Intra-state: ₹250 CGST + ₹250 SGST
- Inter-state: ₹500 IGST
- Total: ₹10,500
When to Use HSN Code 1514
Use HSN code 1514 on every tax invoice for rape, colza, mustard oil. Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about HSN 1514
What is HSN code 1514?
HSN code 1514 classifies rape, colza, mustard oil under India's GST system. The applicable GST rate is 5%.
What is the GST rate for Rape, colza, mustard oil?
Rape, colza, mustard oil attracts 5% GST. For intra-state sales: 2.5% CGST + 2.5% SGST. For inter-state: 5% IGST.
Is Rape, colza, mustard oil exempt from GST?
No. Rape, colza, mustard oil attracts 5% GST on every taxable sale.