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HSN CODE - 15050020 : WOOL GREASE CRUDE
HSN CODE | Description | Policy |
---|---|---|
1505 | WOOL GREASE AND FATTY SUBSTANCES DERIVED THEREFROM (INCLUDING LANOLIN) | |
150500 | Wool grease and fatty substances derived therefrom (including lanolin) | |
15050020 | WOOL GREASE CRUDE | Free |
Harmonised System of Nomenclature (HSN Codes) 15050020 are used for the WOOL GREASE CRUDE products under Goods and Service Tax classification.
India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.
Understanding HSN Code 15050020
First two digits (15) represent the chapter number which is Chapter 15 - Animal or vegetable fats and oil and their cleavage products; prepared edible fats; animal or vegetable waxes.
Next two digits (05) represent the heading number which is WOOL GREASE AND FATTY SUBSTANCES DERIVED THEREFROM (INCLUDING LANOLIN)
Next two digits (00) represent the product code which is Wool grease and fatty substances derived therefrom (including lanolin)
Last two digits (20) are for final or deeper classification which is WOOL GREASE CRUDE
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.