The HSN (Harmonized System Nomenclature) code for groundnut oil (also known as peanut oil) is as follows:
- HSN
Code: 1508
- This
HSN code covers "Ground-nut oil and its fractions, whether or not
refined, but not chemically modified."
GST Rate:
- GST
Rate: The GST rate for groundnut oil under
HSN code 1508 is 5%.
Groundnut oil, being a type of vegetable oil, falls
under this HSN code and is subject to a 5% GST rate in India.
