HSN CODE - 15162021 : GROUND NUT OIL OF EDBLE GRADE

Harmonised System of Nomenclature (HSN Codes) 15162021 are used for the GROUND NUT OIL OF EDBLE 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 15162021

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 (16) represent the heading number which is ANIMAL OR VEGETABLE FATS AND OILS AND THEIR FRACTIONS, PARTLY OR WHOLLY HYDROGENATED, INTER-ESTERIFIED, RE-ESTERIFIED OR ELADLNISED, WHETHER OR NOT REFINED, BUT NOT FURTHER PREPARED

Next two digits (20) represent the product code which is Groundnut oil

Last two digits (21) are for final or deeper classification which is GROUND NUT OIL OF EDBLE GRADE

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.