What products are classified under HSN 15092000 ?
It includes Extra Virgin Olive Oil
HSN Code 15092000 represents Extra Virgin Olive Oil under GST classification. This code helps businesses identify Extra Virgin Olive Oil correctly for billing, taxation, and trade. With HSN Code 15092000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Extra Virgin Olive Oil.
HSN Code 15092000 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 15 | Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes | 1509 | ground-nut oil and its fractions, whether or not refined, but not chemically modified | Extra virgin olive oil | 2.5% | 2.5% | 5% | 0% |
Description of goods
Extra virgin olive oil
Chapter
15 – Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Sub Chapter
1509 – ground-nut oil and its fractions, whether or not refined, but not chemically modified
Extra Virgin Olive Oil does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Olive oil and its fractions, whether or not refined, but not chemically modified virgin | |
| Virgin olive oil | |
| Other virgin olive oils | |
| Other : Edible grade | |
| Other : Other |
Olive oil and its fractions, whether or not refined, but not chemically modified virgin
Virgin olive oil
Other virgin olive oils
Other : Edible grade
Other : Other
It includes Extra Virgin Olive Oil
Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Under HSN 15092000, Extra Virgin Olive Oil attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.