Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 1514 specifically identifies rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split

CGST 2.5% + SGST 2.5%

Inter-State Split

IGST 5%

Compliance Check-list

✓Mention HSN 1514 on all Tax Invoices for rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified
✓Include in HSN-wise summary of GSTR-1 filings
✓Mandatory for E-way bill generation for goods above threshold
✓Ensure Input Tax Credit (ITC) matches this classification

✨ AI Compliance Insight

Expert Advice for 1514

"Classifying rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified correctly is critical to avoid litigation. While the base rate is 5%, always check for anti-dumping duties if importing, especially under the Fats & Oils category. AasanKhata automatically monitors these shifts for you."