What products are classified under HSN 15060010 ?
It includes Neatsfoot oil and fats from bone or waste
HSN Code 15060010 represents Neatsfoot oil and fats from bone or waste under GST classification. This code helps businesses identify Neatsfoot oil and fats from bone or waste correctly for billing, taxation, and trade. With HSN Code 15060010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Neatsfoot oil and fats from bone or waste.
HSN Code 15060010 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 | 1506 | therefrom (including lanolin) | Other animal fats and oils and their fractions, whether or not refined, but not chemically modified : Neats Foot oil and fats from bone or waste | 6% | 6% | 12% | 0% |
Description of goods
Other animal fats and oils and their fractions, whether or not refined, but not chemically modified : Neats Foot oil and fats from bone or waste
Chapter
15 – Animal or vegetable fats and oil sand their cleavage products;prepared edible fats;animal or vegetable waxes
Sub Chapter
1506 – therefrom (including lanolin)
Neatsfoot oil and fats from bone or waste does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Other animal fats and oils and their fractions, whether or not refined, but not chemically modified : Other |
Other animal fats and oils and their fractions, whether or not refined, but not chemically modified : Other
It includes Neatsfoot oil and fats from bone or waste
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 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.
Under HSN 15060010, Neatsfoot oil and fats from bone or waste attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Neatsfoot oil and fats from bone or waste; Nil for exempt items if applicable).
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.
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.