HSN Code 15132120
Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified palm kernel or babassu oil and fractions thereof : crude oil : babassu oil
Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or not refined, but not chemically modified palm kernel or babassu oil and fractions thereof : crude oil : babassu oil
When does this rate apply?
Use this HSN Code on tax invoices when supplying Coconut (copra), palm kernel or babassu oil and fractions thereof, whether or no. GST is charged at 5% (IGST for inter-state, or CGST 2.5% + SGST 2.5% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.
This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.