HSN Code 15162021: Groundnut Oil: Edible Grade Vegetable Fats and Oils

HSN Code 15162021 represents Groundnut Oil: Edible Grade Vegetable Fats and Oils under GST classification. This code helps businesses identify Groundnut Oil: Edible Grade Vegetable Fats and Oils correctly for billing, taxation, and trade. With HSN Code 15162021, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Groundnut Oil: Edible Grade Vegetable Fats and Oils.

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Description of Goods for Groundnut Oil: Edible Grade Vegetable Fats and Oils

HSN Code 15162021 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 1516 Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared Vegetable fats and oils and their fractions : Groundnut oil : Edible grade 2.5% 2.5% 5% 0%

Description of goods

Vegetable fats and oils and their fractions : Groundnut oil : Edible grade

Chapter

15 – Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes

Sub Chapter

1516 – Animal, vegetable or microbial fats and oils and their fractions, partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared

CGST 2.5%
SGST 2.5%
IGST 5%
CESS 0%

What does HSN Code 15162021 not include?

Groundnut Oil: Edible Grade Vegetable Fats and Oils does not include products with the following descriptions:

HSN Code Description
Animal fats and oils and their fractions
Vegetable fats and oils and their fractions : Cotton Seed oil : Edible grade
Vegetable fats and oils and their fractions : Cotton Seed oil : Other
Vegetable fats and oils and their fractions : Groundnut oil : other
Vegetable fats and oils and their fractions : Hydrogenated castor oil (opal-wax) : Edible grade
Vegetable fats and oils and their fractions : Hydrogenated castor oil (opal-wax) : Other
Vegetable fats and oils and their fractions : Other : Edible grade
Vegetable fats and oils and their fractions : Other : Other
Microbial fats and oils and their fractions

Animal fats and oils and their fractions

Vegetable fats and oils and their fractions : Cotton Seed oil : Edible grade

Vegetable fats and oils and their fractions : Cotton Seed oil : Other

Vegetable fats and oils and their fractions : Groundnut oil : other

Vegetable fats and oils and their fractions : Hydrogenated castor oil (opal-wax) : Edible grade

Vegetable fats and oils and their fractions : Hydrogenated castor oil (opal-wax) : Other

Vegetable fats and oils and their fractions : Other : Edible grade

Vegetable fats and oils and their fractions : Other : Other

Microbial fats and oils and their fractions

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FAQs for HSN Code 15162021

What products are classified under HSN 15162021 ?

It includes Groundnut Oil: Edible Grade Vegetable Fats and Oils

How much GST applies to Groundnut Oil: Edible Grade Vegetable Fats and Oils?

Under HSN 15162021, Groundnut Oil: Edible Grade Vegetable Fats and Oils attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Do e‑way bill and e‑invoice apply for Groundnut Oil: Edible Grade Vegetable Fats and Oils?

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.

Can we claim ITC on inputs used to trade Groundnut Oil: Edible Grade Vegetable Fats and Oils?

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.

How should mixed supplies be billed when Groundnut Oil: Edible Grade Vegetable Fats and Oils is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Groundnut Oil: Edible Grade Vegetable Fats and Oils; Nil for exempt items if applicable).

Any common misclassification issue with Groundnut Oil: Edible Grade Vegetable Fats and Oils?

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.

Does packaging or labelling change the GST for Groundnut Oil: Edible Grade Vegetable Fats and Oils?

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.

Important Disclaimer

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.

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