Within Chapter 15 – Animal Or Vegetable Fats And, HSN Code 15089010 serves as the official classification for Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil). This code determines tax rates and compliance obligations for all entities trading in Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil). CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in kg..
HSN Codes under Chapter 15 – Animal Or Vegetable Fats And
Below are related HSN codes from Chapter 15 – Animal Or Vegetable Fats And for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Animal Or Vegetable Fats And... | 15011000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 6% | 6% | 12.00% |
| Animal Or Vegetable Fats And... | 15012000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15019000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15021010 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15021090 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029010 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029020 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029090 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15030000 | Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And ... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15041010 | Fats And Oils And Their Fractions, Of Fish Or Mari... | 6.00% | 6.00% | 12.00% |
GST Rates for HSN 15089010
Goods classified as Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil) under HSN 15089010 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 15 – Animal Or Vegetable Fats And products.
Who Should Use HSN Code 15089010?
Manufacturers, wholesalers, retailers, and exporters dealing in Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil) are required to mention HSN 15089010 on all tax documents. This classification under Animal Or Vegetable Fats And applies to businesses of all sizes operating within Chapter 15. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Looking to deal in Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil)? GST registration is your first compliance requirement for HSN 15089010 goods. International traders in Animal Or Vegetable Fats And products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Using HSN Code 15089010 accurately for Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil) avoids compliance issues and facilitates credit claims. Monitor changes to 2.50%, 2.50%, and 5.00% rates for Chapter 15 – Animal Or Vegetable Fats And to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 15089010 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 15089010 for accurate classification of Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil).
Can I claim input tax credit on Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil) purchases?
Yes, registered businesses can claim input tax credit on Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil) purchases made under HSN 15089010. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
What is the difference between CGST and IGST for HSN 15089010?
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil) is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil) domestically?
No, Import Export Code is only required if you plan to import or export Ground-Nut Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified Other : Deodorized (Salad Oil) internationally. For domestic trade within Animal Or Vegetable Fats And, GST registration is sufficient.
