What products are classified under HSN 1506
It includes Animal fats & oils
HSN Sub Chapter 1506 represents Animal fats & oils under GST classification. This code helps businesses identify Animal fats & oils correctly for billing, taxation, and trade. With HSN Sub Chapter 1506, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Animal fats & oils.
GST Rate for Animal fats & oils under HSN Code 1506. 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 |
|---|---|---|---|---|
| 15 | 1506 | therefrom (including lanolin) | 5% | 12% |
Following Tariff HSN code falls under Animal fats & oils:
| Tariff HSN | Description |
|---|---|
| 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 | |
| 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 : Neats Foot oil and fats from bone or waste
Other animal fats and oils and their fractions, whether or not refined, but not chemically modified : Other
It includes Animal fats & oils
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
If your outward supply of Animal fats & oils 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.
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.
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.
Use a delivery challan for sending Animal fats & oils to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
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.