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GST rate on Base oil?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Princy asked over 1 year ago

What is the GST rate on Base oil?

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3 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 anshu answered over 1 year ago

Hi, GST rate applicable on Base oil is 18%.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Dipankar answered over 1 year ago

HI, Base oil falls under the category of Mineral fuels, mineral oils and products of their distillation, bituminous substances, mineral waxes. The GST rate applicable on Base oil is 18%

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Sumana G Rao answered over 1 year ago

Hi, the GST rate for Base oil is 18%. The following products also fall under the same category - Kerosene PDS, Coal briquettes ovoids and similar solid fuels manufactured from coal, Lignite whether or not agglomerated excluding jet.

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