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New GST Rate for HSN Code 1503

GST Rate for Lard products & oils under HSN Code 1503. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing

Chapter No
HSN Code
HSN Description
New GST Rate
Old GST Rate
Chapter No
15
HSN Code
1503
HSN Description
Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, not emulsified or mixed or otherwise prepared
New GST Rate
5%
Old GST Rate
12%

Tariff HSN Codes under HSN Sub Chapter 1503

Following Tariff HSN code falls under HSN Sub Chapter 1503:

Tariff HSN
Description
Tariff HSN
15030000
Description
Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, not emulsified or mixed or otherwise prepared

Case Laws Related to Sub Chapter 1503

Order Number
Description
Order Number
05/2018-19
Description
Ginni Filaments Limited (AAR (Authority For Advance Ruling), Uttarakhand)

Important Disclaimer

The entire content on this page has been arranged to the best of the author's understanding and is subject to periodic updates as per the law for the time being in force. The above does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions cannot be ruled out. BUSY Infotech Private Ltd. and its associates will not be held responsible for any loss or damage arising from any inaccurate or incomplete information in this document. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.