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<h1>GST Rates on Olive Oil: 5% IGST, 2.5% CGST, 2.5% SGST/UTGST for Refined or Unrefined Products.</h1> Olive oil and its fractions, whether refined or not but not chemically modified, are subject to a Goods and Services Tax (GST) with an Integrated GST (IGST) rate of 5%, a Central GST (CGST) rate of 2.5%, and a State GST (SGST) or Union Territory GST (UTGST) rate of 2.5%.