---
title: "1505 HSN Code | HSN Code for Wool grease in India"
description: "Know more about 1505 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 1505 covering Wool grease."
canonical: "https://busy.in/hsn/sub-chapter-1505/"
---

# HSN Sub-chapter 1505: Wool grease

wool grease and fatty substances derived

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 |
| --- | --- |
| 15050010 | [Wool alcohol (including lanolin alcohol): Lanolin Alcohol](https://busy.in/hsn/hsn-15050010/) |
| 15050020 | [Crude Wool Grease](https://busy.in/hsn/hsn-15050020/) |
| 15050090 | [Wool Grease & Fatty Substances including Lanolin: Other](https://busy.in/hsn/hsn-15050090/) |

## Frequently asked questions

### What products are classified under HSN 1505

It includes Wool grease

### What are the e‑way bill and e‑invoice points while moving Wool grease?

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.

### Does packaging or branding change how GST applies to Wool grease?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Wool grease 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.

### How are warranty replacements of Wool grease 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.

### Can I claim ITC on inputs and services used for Wool grease?

If your outward supply of Wool grease 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.

### Do spares or accessories of Wool grease 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.

## India's trade performance: HSN Sub-Chapter 1505 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹34 Cr (−11.87% YoY) — 0.0009% of India's total exports
- Imports: ₹51 Cr (+15.28% YoY) — 0.0008% of India's total imports
- Trade balance: −₹17 Cr (Deficit); surplus rank #614 of 1233 sub-chapters
- Share of Chapter 15: 0.20% of its exports; import side 0.03%
- Rank within Chapter 15: #13 of 21 by export value; import-side #13

### Key metrics

- Export CAGR: 18.65% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #955 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +166.40% in FY 2021-22
- Contribution to Ch. 15: 0.20% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 1505

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 | Imp % of Ch. 15 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 12.24 | 0.0005% | — | 0.16% | 13.93 | 0.0004% | — | 0.02% | −1.69 | #992 |
| FY 2019-20 | 14.20 | 0.0006% | +16.01% | 0.17% | 23.55 | 0.0007% | +69.06% | 0.03% | −9.35 | #977 |
| FY 2020-21 | 21.49 | 0.0010% | +51.34% | 0.18% | 42.28 | 0.0015% | +79.53% | 0.05% | −20.79 | #938 |
| FY 2021-22 | 57.25 | 0.0018% | +166.40% | 0.50% | 65.79 | 0.0014% | +55.61% | 0.05% | −8.54 | #860 |
| FY 2022-23 | 47.39 | 0.0013% | −17.22% | 0.29% | 65.04 | 0.0011% | −1.14% | 0.04% | −17.65 | #899 |
| FY 2023-24 | 38.75 | 0.0011% | −18.23% | 0.26% | 44.57 | 0.0008% | −31.47% | 0.04% | −5.82 | #936 |
| FY 2024-25 | 34.15 | 0.0009% | −11.87% | 0.20% | 51.38 | 0.0008% | +15.28% | 0.03% | −17.23 | #955 |

- CAGR (7-year): exports 18.65%/yr, imports 24.30%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 1505 export-import analysis

### Consistent export growth: 18.65% CAGR over 7 years

India's exports under HSN Sub-Chapter 1505 have grown at a compound annual rate of 18.65% over 7 fiscal years, rising from ₹12.24 Crore in FY 2018-19 to ₹34.15 Crore in FY 2024-25.

### HSN Sub-Chapter 1505 ranked #955 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 1505 ranks #955 out of 1233 sub-chapters by total export value. Within Chapter 15, it ranks #13 of 21. By trade surplus, it ranks #614 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 1505 exports

The strongest single-year export movement for HSN Sub-Chapter 1505 was recorded in FY 2021-22, when exports surged by 166.40% over the prior year.

### India records a trade deficit of ₹17.23 Crore in HSN Sub-Chapter 1505 goods

In FY 2024-25, India's imports of ₹51.38 Cr exceeded exports of ₹34.15 Cr, resulting in a trade deficit of ₹17.23 Crore — ranking #614 of 1233 by surplus magnitude.

### Import growth of 24.30% CAGR signals rising demand for Wool grease

India's imports under HSN Sub-Chapter 1505 have grown at 24.30% CAGR, reaching ₹51.38 Crore in FY 2024-25.

### HSN Sub-Chapter 1505 contributes 0.20% of Chapter 15 exports — ranked #13

Among the 21 sub-chapters under Chapter 15, HSN Sub-Chapter 1505 ranks #13 by export value — accounting for 0.20% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #13).

## 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](https://busy.in/hsn/sub-chapter-1502/) | ₹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 |
| #13 | HSN Sub-Chapter 1505: Wool grease (this hsn sub-chapter) | ₹34 Cr |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 1501 | [Industrial ovens & furnaces](https://busy.in/hsn/sub-chapter-1501/) |
| 1502 | [Animal fats](https://busy.in/hsn/sub-chapter-1502/) |
| 1503 | [Lard products & oils](https://busy.in/hsn/sub-chapter-1503/) |
| 1504 | [Fish oils & their fractions](https://busy.in/hsn/sub-chapter-1504/) |
| 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/) |