What products are classified under HSN 1520
It includes Crude glycerol & glycerol waters
HSN Sub Chapter 1520 represents Crude glycerol & glycerol waters under GST classification. This code helps businesses identify Crude glycerol & glycerol waters correctly for billing, taxation, and trade. With HSN Sub Chapter 1520, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Crude glycerol & glycerol waters.
GST Rate for Crude glycerol & glycerol waters under HSN Code 1520. 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 | 1520 | Glycerol, crude; glycerol waters and glycerol lyes | 18% | 18% |
Chapter: 15
Description: Glycerol, crude; glycerol waters and glycerol lyes
Following Tariff HSN code falls under Crude glycerol & glycerol waters:
| Tariff HSN | Description |
|---|---|
| Glycerol, crude; glycerol waters and glycerol lyes |
Glycerol, crude; glycerol waters and glycerol lyes
It includes Crude glycerol & glycerol waters
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.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Crude glycerol & glycerol waters are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
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.