--- title: "1502 HSN Code | HSN Code for Animal fats in India" description: "Know more about 1502 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 1502 covering Animal fats." canonical: "https://busy.in/hsn/sub-chapter-1502/" --- # HSN Sub-chapter 1502: Animal fats Fats of bovine animals,sheep or goats,other than those of heading 1503 Part of [Chapter 15: Animal or Vegetable Fats, Oils and Their Cleavage Products](https://busy.in/hsn/chapter-15/). - Current GST rate: 5% - Earlier GST rate: 12% ## HSN codes | Code | Title | | --- | --- | | 15021010 | [Tallow \| Mutton Tallow](https://busy.in/hsn/hsn-15021010/) | | 15021090 | [Tallow \| Other](https://busy.in/hsn/hsn-15021090/) | | 15029010 | [Other \| Unrendered Fats](https://busy.in/hsn/hsn-15029010/) | | 15029020 | [Other : Rendered fats or solvent extraction fats](https://busy.in/hsn/hsn-15029020/) | | 15029090 | [Animal Fats of Bovine, Sheep or Goats \| Other](https://busy.in/hsn/hsn-15029090/) | ## Frequently asked questions ### What products are classified under HSN 1502 It includes Animal fats ### What misclassification mistakes happen with Animal fats? Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper. ### Any import/export nuance for Animal fats? Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE. ### Do spares or accessories of Animal fats follow the same HSN? Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice. ### Can I claim ITC on inputs and services used for Animal fats? If your outward supply of Animal fats is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43. ### If I repair and return Animal fats, how should I charge GST? Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values. ## India's trade performance: HSN Sub-Chapter 1502 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹441 Cr (−58.28% YoY) — 0.0119% of India's total exports - Share of Chapter 15: 2.56% of its exports - Rank within Chapter 15: #5 of 21 by export value ### Key metrics - Export CAGR: 20.17% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #558 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +143.88% in FY 2022-23 - Contribution to Ch. 15: 2.56% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 1502 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 Ch. 15 | Imports (₹ Cr) | Imp share | Imp YoY | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 146.56 | 0.0064% | — | 1.91% | — | — | — | — | #652 | | FY 2019-20 | 102.48 | 0.0046% | −30.08% | 1.24% | — | — | — | — | #717 | | FY 2020-21 | 177.26 | 0.0082% | +72.97% | 1.47% | — | — | — | — | #624 | | FY 2021-22 | 378.06 | 0.0120% | +113.28% | 3.28% | — | — | — | — | #544 | | FY 2022-23 | 922.03 | 0.0255% | +143.88% | 5.56% | — | — | — | — | #394 | | FY 2023-24 | 1,057.98 | 0.0292% | +14.74% | 7.00% | — | — | — | — | #373 | | FY 2024-25 | 441.42 | 0.0119% | −58.28% | 2.56% | — | — | — | — | #558 | - CAGR (7-year): exports 20.17%/yr, imports —/yr ## Key trade insights: HSN Sub-Chapter 1502 export-import analysis ### Consistent export growth: 20.17% CAGR over 7 years India's exports under HSN Sub-Chapter 1502 have grown at a compound annual rate of 20.17% over 7 fiscal years, rising from ₹146.56 Crore in FY 2018-19 to ₹441.42 Crore in FY 2024-25. ### HSN Sub-Chapter 1502 ranked #558 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 1502 ranks #558 out of 1233 sub-chapters by total export value. Within Chapter 15, it ranks #5 of 21. ### FY 2022-23 was the strongest growth year for HSN Sub-Chapter 1502 exports The strongest single-year export movement for HSN Sub-Chapter 1502 was recorded in FY 2022-23, when exports surged by 143.88% over the prior year. ### HSN Sub-Chapter 1502 contributes 2.56% of Chapter 15 exports — ranked #5 Among the 21 sub-chapters under Chapter 15, HSN Sub-Chapter 1502 ranks #5 by export value — accounting for 2.56% of the chapter's total exports in FY 2024-25. ## Related Sub-Chapters in Chapter 15 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 1515: Vegetable Oils & Fats](https://busy.in/hsn/sub-chapter-1515/) | ₹10,394 Cr | | #2 | [HSN Sub-Chapter 1508: Ground-nut oil & fractions](https://busy.in/hsn/sub-chapter-1508/) | ₹3,109 Cr | | #3 | [HSN Sub-Chapter 1516: Partially hydrogenated animal/veg oils](https://busy.in/hsn/sub-chapter-1516/) | ₹954 Cr | | #4 | [HSN Sub-Chapter 1513: Coconut oil](https://busy.in/hsn/sub-chapter-1513/) | ₹451 Cr | | #5 | HSN Sub-Chapter 1502: Animal fats (this hsn sub-chapter) | ₹441 Cr | | #6 | [HSN Sub-Chapter 1504: Fish oils & their fractions](https://busy.in/hsn/sub-chapter-1504/) | ₹403 Cr | | #7 | [HSN Sub-Chapter 1518: Animal & vegetable fats & oils](https://busy.in/hsn/sub-chapter-1518/) | ₹378 Cr | | #8 | [HSN Sub-Chapter 1512: Sunflower seed oil & fractions](https://busy.in/hsn/sub-chapter-1512/) | ₹329 Cr | | #9 | [HSN Sub-Chapter 1507: Soybean oil & fractions](https://busy.in/hsn/sub-chapter-1507/) | ₹219 Cr | | #10 | [HSN Sub-Chapter 1514: Rape seed oil & fractions](https://busy.in/hsn/sub-chapter-1514/) | ₹214 Cr | ## Other sub-chapters | Code | Title | | --- | --- | | 1501 | [Industrial ovens & furnaces](https://busy.in/hsn/sub-chapter-1501/) | | 1503 | [Lard products & oils](https://busy.in/hsn/sub-chapter-1503/) | | 1504 | [Fish oils & their fractions](https://busy.in/hsn/sub-chapter-1504/) | | 1505 | [Wool grease](https://busy.in/hsn/sub-chapter-1505/) | | 1506 | [Animal fats & oils](https://busy.in/hsn/sub-chapter-1506/) | | 1507 | [Soybean oil & fractions](https://busy.in/hsn/sub-chapter-1507/) | | 1508 | [Ground-nut oil & fractions](https://busy.in/hsn/sub-chapter-1508/) | | 1509 | [Concentrated milk & cream](https://busy.in/hsn/sub-chapter-1509/) | | 1510 | [Olive oil & fractions, blends included](https://busy.in/hsn/sub-chapter-1510/) | | 1511 | [Palm oil](https://busy.in/hsn/sub-chapter-1511/) | | 1512 | [Sunflower seed oil & fractions](https://busy.in/hsn/sub-chapter-1512/) | | 1513 | [Coconut oil](https://busy.in/hsn/sub-chapter-1513/) | | 1514 | [Rape seed oil & fractions](https://busy.in/hsn/sub-chapter-1514/) | | 1515 | [Vegetable Oils & Fats](https://busy.in/hsn/sub-chapter-1515/) | | 1516 | [Partially hydrogenated animal/veg oils](https://busy.in/hsn/sub-chapter-1516/) | | 1517 | [Margarine & fat mixes](https://busy.in/hsn/sub-chapter-1517/) | | 1518 | [Animal & vegetable fats & oils](https://busy.in/hsn/sub-chapter-1518/) | | 1520 | [Crude glycerol & glycerol waters](https://busy.in/hsn/sub-chapter-1520/) | | 1521 | [Vegetable & insect waxes](https://busy.in/hsn/sub-chapter-1521/) | | 1522 | [Degras from fatty substances](https://busy.in/hsn/sub-chapter-1522/) |