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 or export of Wool alcohol (including lanolin alcohol): Lanolin Alcohol.
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HSN Code 15050010 relates to the following description.
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
CGST
6%
SGST
6%
IGST
12%
CESS
0%
Wool alcohol (including lanolin alcohol): Lanolin Alcohol does not include products with the following descriptions.
Wool grease and fatty substances derived therefrom (including lanolin) : Wool grease, crude
Wool grease and fatty substances derived therefrom (including lanolin) : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #8011 of 12657 HSN codes
% of Sub-Chapter 1505
FY 2024-250.03%
Share of Sub-Chapter 1505’s total exports in FY 2024-25
Import side: 2.57% of Sub-Chapter 1505’s imports
Rank Within Sub-Chapter 1505
FY 2024-25#3 of 3
Position by export value among HSN codes in Sub-Chapter 1505
Import-side rank: #3 of 3
At a glance
#10437
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+120.00%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.03%
Contribution to Sub-Ch. 1505
Share of Sub-Chapter 1505 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.03
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1505
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.22% of Sub-Ch. 1505
Balance
+0.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.70% of Sub-Ch. 1505
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1505
Balance
−0.22
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+120.00% YoY
1.02% of Sub-Ch. 1505
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
1.04% of Sub-Ch. 1505
Balance
−0.21
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.38% of Sub-Ch. 1505
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−2.27% YoY
0.65% of Sub-Ch. 1505
Balance
−0.94
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−68.18% YoY
0.15% of Sub-Ch. 1505
Imports
1.01 ₹ Cr
0.0000% share
+134.88% YoY
1.55% of Sub-Ch. 1505
Balance
−1.32
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1505
Imports
1.32 ₹ Cr
0.0000% share
+30.69% YoY
2.96% of Sub-Ch. 1505
Balance
−1.31
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.03% of Sub-Ch. 1505
Imports
1.32 ₹ Cr
0.0000% share
0.00% YoY
2.57% of Sub-Ch. 1505
CAGR · 7-Year
Exports
—
Imports
87.89% /yr
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.
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.
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.
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.
India's imports under HSN Code 15050010 have grown at 87.89% CAGR, reaching ₹1.32 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 15050010 and GST compliance.
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.