What products are classified under HSN 1512
It includes Sunflower seed oil & fractions
HSN Sub Chapter 1512 represents Sunflower seed oil & fractions under GST classification. This code helps businesses identify Sunflower seed oil & fractions correctly for billing, taxation, and trade. With HSN Sub Chapter 1512, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sunflower seed oil & fractions.
GST Rate for Sunflower seed oil & fractions under HSN Code 1512. 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 | 1512 | Palm oil and its fractions, whether or not refined, but not chemically modified | 5% | 5% |
Chapter: 15
Description: Palm oil and its fractions, whether or not refined, but not chemically modified
Following Tariff HSN code falls under Sunflower seed oil & fractions:
| Tariff HSN | Description |
|---|---|
| Sunflower seed or safflower oil and fractions thereof : Crude oil : Sunflower seed oil | |
| Sunflower seed or safflower oil and fractions thereof : Crude oil : Safflower seed oil (kardi seed oil) | |
| Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, edible grade | |
| Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, non-edible grade (other than crude oil) | |
| Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, edible grade | |
| Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-edible grade | |
| Sunflower seed or safflower oil and fractions thereof : Other : Other | |
| Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed | |
| Cotton-seed oil and its fractions : other : Edible grade | |
| Cotton-seed oil and its fractions : Other : Other |
Sunflower seed or safflower oil and fractions thereof : Crude oil : Sunflower seed oil
Sunflower seed or safflower oil and fractions thereof : Crude oil : Safflower seed oil (kardi seed oil)
Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Sunflower oil, non-edible grade (other than crude oil)
Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Saffola oil, non-edible grade
Sunflower seed or safflower oil and fractions thereof : Other : Other
Cotton-seed oil and its fractions : Crude oil, whether or not gossypol has been removed
Cotton-seed oil and its fractions : other : Edible grade
Cotton-seed oil and its fractions : Other : Other
It includes Sunflower seed oil & fractions
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
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.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
Use a delivery challan for sending Sunflower seed oil & fractions to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.
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.