---
title: "HSN Code for Crude Wool Grease | HSN 15050020 GST Rate"
description: "Find HSN and GST Rates for 15050020 related to Crude Wool Grease with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-15050020/"
---

# HSN Code 15050020: Crude Wool Grease

- [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 grease, crude | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 15050020 ?

It includes Crude Wool Grease

### Any common misclassification issue with 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.

### Can we claim ITC on inputs used to trade Crude Wool Grease?

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.

### Does packaging or labelling change the GST for Crude Wool Grease?

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.

### How should mixed supplies be billed when Crude Wool Grease is sold with other items?

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).

### Do e‑way bill and e‑invoice apply for Crude Wool Grease?

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.

## India's trade performance: HSN Code 15050020 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹3 Cr (+101.50% YoY) — 0.0001% of India's total exports
- Imports: ₹26 Cr (+73.74% YoY) — 0.0004% of India's total imports
- Trade balance: −₹23 Cr (Deficit); surplus rank #9644 of 12657 HSN codes
- Share of Sub-Chapter 1505: 7.85% of its exports; import side 50.35%
- Rank within Sub-Chapter 1505: #2 of 3 by export value; import-side #1

### Key metrics

- Export CAGR: -1.53% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7312 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +284.38% in FY 2021-22
- Contribution to Sub-Ch. 1505: 7.85% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 15050020

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 | 2.94 | 0.0001% | — | 24.02% | 3.18 | 0.0001% | — | 22.83% | −0.24 | #6497 |
| FY 2019-20 | 2.92 | 0.0001% | −0.68% | 20.56% | 9.05 | 0.0003% | +184.59% | 38.43% | −6.13 | #6496 |
| FY 2020-21 | 1.60 | 0.0001% | −45.21% | 7.45% | 24.76 | 0.0008% | +173.59% | 58.56% | −23.16 | #7225 |
| FY 2021-22 | 6.15 | 0.0002% | +284.38% | 10.74% | 31.19 | 0.0007% | +25.97% | 47.41% | −25.04 | #6097 |
| FY 2022-23 | 8.12 | 0.0002% | +32.03% | 17.13% | 33.77 | 0.0006% | +8.27% | 51.92% | −25.65 | #5895 |
| FY 2023-24 | 1.33 | 0.0000% | −83.62% | 3.43% | 14.89 | 0.0003% | −55.91% | 33.41% | −13.56 | #7968 |
| FY 2024-25 | 2.68 | 0.0001% | +101.50% | 7.85% | 25.87 | 0.0004% | +73.74% | 50.35% | −23.19 | #7312 |

- CAGR (7-year): exports -1.53%/yr, imports 41.82%/yr (consistently Deficit)

## Key trade insights: HSN Code 15050020 export-import analysis

### Export decline: -1.53% CAGR over 7 years

India's exports under HSN Code 15050020 have declined at a compound annual rate of -1.53% over 7 fiscal years, falling from ₹2.94 Crore in FY 2018-19 to ₹2.68 Crore in FY 2024-25.

### HSN Code 15050020 ranked #7312 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 15050020 ranks #7312 out of 12657 HSN codes by total export value. Within Sub-Chapter 1505, it ranks #2 of 3. By trade surplus, it ranks #9644 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 15050020 exports

The strongest single-year export movement for HSN Code 15050020 was recorded in FY 2021-22, when exports surged by 284.38% over the prior year.

### India records a trade deficit of ₹23.19 Crore in HSN Code 15050020 goods

In FY 2024-25, India's imports of ₹25.87 Cr exceeded exports of ₹2.68 Cr, resulting in a trade deficit of ₹23.19 Crore — ranking #9644 of 12657 by surplus magnitude.

### Import growth of 41.82% CAGR signals rising demand for Crude Wool Grease

India's imports under HSN Code 15050020 have grown at 41.82% CAGR, reaching ₹25.87 Crore in FY 2024-25.

### HSN Code 15050020 contributes 7.85% of Sub-Chapter 1505 exports — ranked #2

Among the 3 HSN codes under Sub-Chapter 1505, HSN Code 15050020 ranks #2 by export value — accounting for 7.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 50.35% share (rank #1).

## 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 (this hsn code) | ₹3 Cr |
| #3 | [HSN Code 15050010: Wool alcohol (including lanolin alcohol): Lanolin Alcohol](https://busy.in/hsn/hsn-15050010/) | < ₹1 Crore |