What products are classified under HSN 1521
It includes Vegetable & insect waxes
HSN Sub Chapter 1521 represents Vegetable & insect waxes under GST classification. This code helps businesses identify Vegetable & insect waxes correctly for billing, taxation, and trade. With HSN Sub Chapter 1521, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Vegetable & insect waxes.
GST Rate for Vegetable & insect waxes under HSN Code 1521. 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 | 1521 | Vegetable waxes (other than triglycerides), beeswax, other insect waxes and spermaceti, whether or not refined or coloured | 5% | 18% |
Chapter: 15
Description: Vegetable waxes (other than triglycerides), beeswax, other insect waxes and spermaceti, whether or not refined or coloured
Following Tariff HSN code falls under Vegetable & insect waxes:
| Tariff HSN | Description |
|---|---|
| Vegetable Waxes : Carnauba Waxes : Edible wax for waxing fresh fruits and vegetables | |
| Vegetable Waxes : Carnauba Waxes : Other | |
| Vegetable Waxes : Other | |
| Other : Beewax whether or not coloured | |
| Other : Shellac wax whether or not coloured | |
| Other : Other |
Vegetable Waxes : Carnauba Waxes : Edible wax for waxing fresh fruits and vegetables
Vegetable Waxes : Carnauba Waxes : Other
Vegetable Waxes : Other
Other : Beewax whether or not coloured
Other : Shellac wax whether or not coloured
Other : Other
It includes Vegetable & insect waxes
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Vegetable & insect waxes are forward charge. Check the current notifications for any special cases before deciding.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
If your outward supply of Vegetable & insect waxes 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.
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.
Use a delivery challan for sending Vegetable & insect waxes 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.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
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.