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HSN CODE - 15132930 : Babassu oil and fractions, other than edible grade
Harmonised System of Nomenclature (HSN Codes) 15132930 are used for the Babassu oil and fractions, other than edible grade 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 15132930
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 (13) represent the heading number which is COCONUT (COPRA), PALM KERNEL OR BABASSU OIL AND FRACTIONS THEREOF, WHETHER OR NOT REFINED, BUT NOT CHEMICALLY MODIFIED
Next two digits (29) represent the product code which is Other
Last two digits (30) are for final or deeper classification which is Babassu oil and fractions, other than edible grade
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.