What products are classified under HSN 1511
It includes Palm oil
HSN Sub Chapter 1511 represents Palm oil under GST classification. This code helps businesses identify Palm oil correctly for billing, taxation, and trade. With HSN Sub Chapter 1511, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Palm oil.
GST Rate for Palm oil under HSN Code 1511. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 15 | 1511 | Other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509 | 5% | 5% |
Chapter: 15
Description: Other oils and their fractions obtained solely from olives, whether or not refined, but not chemically modified, including blends of these oils or fractions with oils or fractions of heading 1509
Following Tariff HSN code falls under Palm oil:
| Tariff HSN | Description |
|---|---|
| Crude oil | |
| Other : Refined bleached deodorised palm oil | |
| Other : Refined bleached deodorised palmolein | |
| Other : Refined bleached deodorised palm stearin | |
| Other : Other |
Crude oil
Other : Refined bleached deodorised palm oil
Other : Refined bleached deodorised palmolein
Other : Refined bleached deodorised palm stearin
Other : Other
| Order Number | Description |
|---|---|
| Shah Nanji Nagsi Exports Private Limited (AAR (Authority For Advance Ruling), Maharashtra) | |
| Sri Kanyakaparameshwari Oil Mills, (AAR (Authority For Advance Ruling), Karnataka) | |
| Ktv Health Food Pvt. Ltd. (AAR (Authority For Advance Ruling), Tamil Nadu) | |
| Gokul Agro Resources Limited (AAR (Authority For Advance Ruling), Gujarat) |
Shah Nanji Nagsi Exports Private Limited (AAR (Authority For Advance Ruling), Maharashtra)
Sri Kanyakaparameshwari Oil Mills, (AAR (Authority For Advance Ruling), Karnataka)
Ktv Health Food Pvt. Ltd. (AAR (Authority For Advance Ruling), Tamil Nadu)
Gokul Agro Resources Limited (AAR (Authority For Advance Ruling), Gujarat)
It includes Palm oil
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
If your outward supply of Palm oil is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Palm oil are forward charge. Check the current notifications for any special cases before deciding.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
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.