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HSN Code Lookup

HSN Code: 1507

Soya-bean oil

Chapter 15 · GST Rate: 5%

HSN Code Details

HSN Code1507
DescriptionSoya-bean oil
ChapterChapter 15
GST Rate5%

Intrastate Breakup

2.5%
CGST
2.5%
SGST / UTGST
Interstate (IGST)
5%

When to use HSN code 1507

Use HSN code 1507 when raising GST invoices for Soya-bean oil. This code classifies the product under the Indian GST system and determines the applicable tax rate of 5%.

Who must mention HSN codes on invoices?

  • Annual turnover above ₹5 crore: Must use 6-digit HSN codes
  • Annual turnover ₹1.5 crore to ₹5 crore: Must use 4-digit HSN codes
  • Annual turnover up to ₹1.5 crore: Optional (recommended for accuracy)

Mentioning the HSN code on invoices ensures proper GST compliance, simplifies return filing (GSTR-1, GSTR-3B), and helps buyers claim Input Tax Credit correctly.

You can verify the GST rate applicable to HSN 1507 using the WOWHOW GST Calculator or generate a compliant invoice using the GST Invoice Generator.

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