HSN Code 15050090 represents Wool Grease & Fatty Substances including Lanolin: Other under GST classification. This code helps businesses identify Wool Grease & Fatty Substances including Lanolin: Other correctly for billing, taxation, and trade. With HSN Code 15050090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Wool Grease & Fatty Substances including Lanolin: Other.
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HSN Code 15050090 relates to the following description.
Description of Goods
Wool grease and fatty substances derived therefrom (including lanolin) : Other
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 Grease & Fatty Substances including Lanolin: Other does not include products with the following descriptions.
Wool grease and fatty substances derived therefrom (including lanolin) : Wool alcohol (including lanolin alcohol)
Wool grease and fatty substances derived therefrom (including lanolin) : Wool grease, crude
India’s Exports
FY 2024-25₹31 Cr
0.0009% of India’s total exports
India’s Imports
FY 2024-25₹24 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25₹7 Cr
Surplus rank #3523 of 12657 HSN codes
% of Sub-Chapter 1505
FY 2024-2592.15%
Share of Sub-Chapter 1505’s total exports in FY 2024-25
Import side: 47.10% of Sub-Chapter 1505’s imports
Rank Within Sub-Chapter 1505
FY 2024-25#1 of 3
Position by export value among HSN codes in Sub-Chapter 1505
Import-side rank: #2 of 3
At a glance
22.53%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4260
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+158.67%
Peak Growth Year
FY 2021-22 · strongest single-year move
92.15%
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
−1.42
Exports
9.30 ₹ Cr
0.0004% share
— YoY
75.98% of Sub-Ch. 1505
Imports
10.72 ₹ Cr
0.0003% share
— YoY
76.96% of Sub-Ch. 1505
Balance
−3.31
Exports
11.18 ₹ Cr
0.0005% share
+20.22% YoY
78.73% of Sub-Ch. 1505
Imports
14.49 ₹ Cr
0.0004% share
+35.17% YoY
61.53% of Sub-Ch. 1505
Balance
+2.59
Exports
19.67 ₹ Cr
0.0009% share
+75.94% YoY
91.53% of Sub-Ch. 1505
Imports
17.08 ₹ Cr
0.0006% share
+17.87% YoY
40.40% of Sub-Ch. 1505
Balance
+16.71
Exports
50.88 ₹ Cr
0.0016% share
+158.67% YoY
88.87% of Sub-Ch. 1505
Imports
34.17 ₹ Cr
0.0007% share
+100.06% YoY
51.94% of Sub-Ch. 1505
Balance
+8.94
Exports
39.20 ₹ Cr
0.0011% share
−22.96% YoY
82.72% of Sub-Ch. 1505
Imports
30.26 ₹ Cr
0.0005% share
−11.44% YoY
46.53% of Sub-Ch. 1505
Balance
+9.06
Exports
37.42 ₹ Cr
0.0010% share
−4.54% YoY
96.57% of Sub-Ch. 1505
Imports
28.36 ₹ Cr
0.0005% share
−6.28% YoY
63.63% of Sub-Ch. 1505
Balance
+7.27
Exports
31.47 ₹ Cr
0.0009% share
−15.90% YoY
92.15% of Sub-Ch. 1505
Imports
24.20 ₹ Cr
0.0004% share
−14.67% YoY
47.10% of Sub-Ch. 1505
CAGR · 7-Year
Exports
22.53% /yr
Imports
14.53% /yr
India's exports under HSN Code 15050090 have grown at a compound annual rate of 22.53% over 7 fiscal years, rising from ₹9.30 Crore in FY 2018-19 to ₹31.47 Crore in FY 2024-25.
In FY 2024-25, HSN Code 15050090 ranks #4260 out of 12657 HSN codes by total export value. Within Sub-Chapter 1505, it ranks #1 of 3. By trade surplus, it ranks #3523 of 12657.
The strongest single-year export movement for HSN Code 15050090 was recorded in FY 2021-22, when exports surged by 158.67% over the prior year.
In FY 2024-25, India's exports of ₹31.47 Cr exceeded imports of ₹24.20 Cr, resulting in a trade surplus of ₹7.27 Crore — ranking #3523 of 12657 by surplus magnitude.
India's imports under HSN Code 15050090 have grown at 14.53% CAGR, reaching ₹24.20 Crore in FY 2024-25.
Among the 3 HSN codes under Sub-Chapter 1505, HSN Code 15050090 ranks #1 by export value — accounting for 92.15% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 47.10% share (rank #2).
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 15050090 and GST compliance.
It includes Wool Grease & Fatty Substances including Lanolin: Other
Under HSN 15050090, Wool Grease & Fatty Substances including Lanolin: Other attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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.
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.
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.
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.