GST Rate on Soybean oil
The GST rate on soybean oil is 5%, under HSN code 1507 (soya bean oil). Here is the full breakdown, a worked example, and related rates in Food & Beverages.
GST rate breakdown for soybean oil
- GST rate: 5%
- Intra-state: 2.5% CGST + 2.5% SGST
- Inter-state: 5% IGST
- HSN code on the invoice: 1507
- Also covers: soya oil
Rates reflect the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Confirm the current rate on the official GST portal before invoicing.
Worked example: GST on soybean oil
- Taxable value: ₹10,000
- GST (5%): ₹500
- Within state: ₹250 CGST + ₹250 SGST
- To another state: ₹500 IGST
- Invoice total: ₹10,500
FAQs about GST on soybean oil
What is the GST rate on soybean oil?
The GST rate on soybean oil is 5%. Intra-state it is 2.5% CGST + 2.5% SGST; inter-state it is 5% IGST. Soybean oil falls under HSN code 1507.
What is the HSN code for soybean oil?
Soybean oil falls under HSN code 1507, which covers soya bean oil. Show this code on every GST tax invoice line for soybean oil.