HSN Code 5% GST Food & Agriculture
151321
Crude Oil :
HSN Code 151321
Description Crude Oil :
GST Rate 5%
CGST 2.5%
SGST 2.5%
IGST (inter-state) 5%
Code Type HSN (Goods)

📒 Accounting Treatment

When you purchase this
When you sell this

Typical GL mapping for Indian SMEs. Your CA may customize accounts per your Chart of Accounts.

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About HSN Code 151321

HSN Code 151321 covers Crude Oil : and attracts a GST rate of 5%. For intra-state supplies, this is split as 2.5% CGST + 2.5% SGST. For inter-state supplies, 5% IGST is charged. This code falls under the Food & Agriculture sector (Bakery, dairy, spices, cereals, seafood).

How to Use HSN Code 151321 on GST Invoices

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Last verified: 2026-06-26 · Source: CBIC Master Tariff