Rate at a Glance
Chapter 15
GST rate guide
Edible vegetable oils such as groundnut, mustard, sunflower and palm oil are taxed at 5%. Margarine and some prepared fats are taxed at 5%, while waxes and non-edible oils can attract 18%.
Use this rate in hisabkitab: start free
Rates reflect GST changes effective 22 September 2025. Confirm the rate for your exact product description before filing.
All 3 HSN codes under 1505
| HSN code | Description |
|---|---|
| 15050010 | ) wool grease and fatty substances derived therefrom (including lanolin): wool alcohol (including lanolin alcohol) |
| 15050020 | ) wool grease and fatty substances derived therefrom (including lanolin): wool grease, crude |
| 15050090 | ) wool grease and fatty substances derived therefrom (including lanolin): other |
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