What products are classified under HSN 15050010 ?
It includes Wool alcohol (including lanolin alcohol): Lanolin Alcohol
HSN Code 15050010 represents Wool alcohol (including lanolin alcohol): Lanolin Alcohol under GST classification. This code helps businesses identify Wool alcohol (including lanolin alcohol): Lanolin Alcohol correctly for billing, taxation, and trade. With HSN Code 15050010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Wool alcohol (including lanolin alcohol): Lanolin Alcohol.
HSN Code 15050010 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 15 | Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes | 1505 | wool grease and fatty substances derived | Wool grease and fatty substances derived therefrom (including lanolin) : Wool alcohol (including lanolin alcohol) | 6% | 6% | 12% | 0% |
Description of goods
Wool grease and fatty substances derived therefrom (including lanolin) : Wool alcohol (including lanolin alcohol)
Chapter
15 – Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Sub Chapter
1505 – wool grease and fatty substances derived
Wool alcohol (including lanolin alcohol): Lanolin Alcohol does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Wool grease and fatty substances derived therefrom (including lanolin) : Wool grease, crude | |
| Wool grease and fatty substances derived therefrom (including lanolin) : Other |
Wool grease and fatty substances derived therefrom (including lanolin) : Wool grease, crude
Wool grease and fatty substances derived therefrom (including lanolin) : Other
It includes Wool alcohol (including lanolin alcohol): Lanolin Alcohol
Under HSN 15050010, Wool alcohol (including lanolin alcohol): Lanolin Alcohol attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Wool alcohol (including lanolin alcohol): Lanolin Alcohol; Nil for exempt items if applicable).
For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.
If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.