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    New GST Rate for HSN Code 1506

    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
    Chapter No
    15
    HSN Code
    1506
    HSN Description
    therefrom (including lanolin)
    New GST Rate
    5%
    Old GST Rate
    12%

    Tariff HSN Codes under HSN Sub Chapter 1506

    Following Tariff HSN code falls under HSN Sub Chapter 1506:

    Tariff HSN
    Description
    Tariff HSN
    15060010
    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
    Tariff HSN
    15060090
    Description
    Other animal fats and oils and their fractions, whether or not refined, but not chemically modified : Other

    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.