--- title: "HSN Code for Wool alcohol (including lanolin alcohol): Lanolin Alcohol | HSN 15050010 GST Rate" description: "Find HSN and GST Rates for 15050010 related to Wool alcohol (including lanolin alcohol): Lanolin Alcohol with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-15050010/" --- # HSN Code 15050010: Wool alcohol (including lanolin alcohol): Lanolin Alcohol - [Section 03: Guide to HSN Section 03](https://busy.in/hsn/section-03/) - [Chapter 15: Animal or Vegetable Fats, Oils and Their Cleavage Products](https://busy.in/hsn/chapter-15/) - [Sub-chapter 1505: Wool grease](https://busy.in/hsn/sub-chapter-1505/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Wool grease and fatty substances derived therefrom (including lanolin) : Wool alcohol (including lanolin alcohol) | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 15050010 ? It includes Wool alcohol (including lanolin alcohol): Lanolin Alcohol ### How much GST applies to 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. ### Do e‑way bill and e‑invoice apply for Wool alcohol (including lanolin alcohol): Lanolin Alcohol? 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. ### How should mixed supplies be billed when Wool alcohol (including lanolin alcohol): Lanolin Alcohol is sold with other items? 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). ### Does packaging or labelling change the GST for Wool alcohol (including lanolin alcohol): Lanolin Alcohol? 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. ### Can we claim ITC on inputs used to trade Wool alcohol (including lanolin alcohol): Lanolin Alcohol? 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. ## India's trade performance: HSN Code 15050010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore — 0.0000% of India's total exports - Imports: ₹1 Cr (0.00% YoY) — 0.0000% of India's total imports - Trade balance: −₹1 Cr (Deficit); surplus rank #8011 of 12657 HSN codes - Share of Sub-Chapter 1505: 0.03% of its exports; import side 2.57% - Rank within Sub-Chapter 1505: #3 of 3 by export value; import-side #3 ### Key metrics - National export rank: #10437 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +120.00% in FY 2020-21 - Contribution to Sub-Ch. 1505: 0.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 15050010 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 1505 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1505 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.22% | −0.03 | — | | FY 2019-20 | < ₹1 Crore | 0.0000% | — | 0.70% | Nil | 0.0000% | −100.00% | 0.00% | +0.10 | #9172 | | FY 2020-21 | < ₹1 Crore | 0.0000% | +120.00% | 1.02% | < ₹1 Crore | 0.0000% | — | 1.04% | −0.22 | #8805 | | FY 2021-22 | < ₹1 Crore | 0.0000% | 0.00% | 0.38% | < ₹1 Crore | 0.0000% | −2.27% | 0.65% | −0.21 | #9149 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −68.18% | 0.15% | 1.01 | 0.0000% | +134.88% | 1.55% | −0.94 | #9782 | | FY 2023-24 | Nil | 0.0000% | −100.00% | 0.00% | 1.32 | 0.0000% | +30.69% | 2.96% | −1.32 | — | | FY 2024-25 | < ₹1 Crore | 0.0000% | — | 0.03% | 1.32 | 0.0000% | 0.00% | 2.57% | −1.31 | #10437 | - CAGR (7-year): exports —/yr, imports 87.89%/yr (consistently Deficit) ## Key trade insights: HSN Code 15050010 export-import analysis ### Export snapshot for HSN Code 15050010 India exported ₹0.01 Crore worth of Wool alcohol (including lanolin alcohol): Lanolin Alcohol in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 15050010 ranked #10437 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 15050010 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 1505, it ranks #3 of 3. By trade surplus, it ranks #8011 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 15050010 exports The strongest single-year export movement for HSN Code 15050010 was recorded in FY 2020-21, when exports surged by 120.00% over the prior year. ### India records a trade deficit of ₹1.31 Crore in HSN Code 15050010 goods In FY 2024-25, India's imports of ₹1.32 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹1.31 Crore — ranking #8011 of 12657 by surplus magnitude. ### Import growth of 87.89% CAGR signals rising demand for Wool alcohol (including lanolin alcohol): Lanolin Alcohol India's imports under HSN Code 15050010 have grown at 87.89% CAGR, reaching ₹1.32 Crore in FY 2024-25. ### HSN Code 15050010 contributes 0.03% of Sub-Chapter 1505 exports — ranked #3 Among the 3 HSN codes under Sub-Chapter 1505, HSN Code 15050010 ranks #3 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.57% share (rank #3). ## Related HSN Codes in Sub-Chapter 1505 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 15050090: Wool Grease & Fatty Substances including Lanolin: Other](https://busy.in/hsn/hsn-15050090/) | ₹31 Cr | | #2 | [HSN Code 15050020: Crude Wool Grease](https://busy.in/hsn/hsn-15050020/) | ₹3 Cr | | #3 | HSN Code 15050010: Wool alcohol (including lanolin alcohol): Lanolin Alcohol (this hsn code) | < ₹1 Crore |