What products are classified under HSN 15050020 ?
It includes Crude Wool Grease
HSN Code 15050020 represents Crude Wool Grease under GST classification. This code helps businesses identify Crude Wool Grease correctly for billing, taxation, and trade. With HSN Code 15050020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Crude Wool Grease.
HSN Code 15050020 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 grease, crude | 6% | 6% | 12% | 0% |
Description of goods
Wool grease and fatty substances derived therefrom (including lanolin) : Wool grease, crude
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
Crude Wool Grease does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Wool grease and fatty substances derived therefrom (including lanolin) : Wool alcohol (including lanolin alcohol) | |
| Wool grease and fatty substances derived therefrom (including lanolin) : Other |
Wool grease and fatty substances derived therefrom (including lanolin) : Wool alcohol (including lanolin alcohol)
Wool grease and fatty substances derived therefrom (including lanolin) : Other
It includes Crude Wool Grease
Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection.
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.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Crude Wool Grease; Nil for exempt items if applicable).
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.
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.