1503 HSN Code: Lard products & oils
HSN Sub Chapter 1503 represents Lard products & oils under GST classification. This code helps businesses identify Lard products & oils correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 1503, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Lard products & oils.
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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.
Tariff HSN Codes under HSN Sub Chapter 1503
Following tariff HSN codes fall under Lard products & oils.
Tariff HSN
Description
Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, not emulsified or mixed or otherwise prepared
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Frequently Asked Questions
Clear answers to common queries about HSN Sub Chapter 1503 and GST compliance.
What products are classified under HSN 1503
It includes Lard products & oils
How do I bill a kit or combo that includes Lard products & oils?
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
How are warranty replacements of Lard products & oils handled?
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
What are the e‑way bill and e‑invoice points while moving Lard products & oils?
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Any import/export nuance for Lard products & oils?
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.
Does packaging or branding change how GST applies to Lard products & oils?
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Lard products & oils is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.