What is HSN Code 150500?
HSN code 150500 is the Harmonized System of Nomenclature classification for Wool Grease And Fatty Substances Derived Therefrom (Including Lanolin) : under India's Goods and Services Tax (GST). It is a 6-digit code sitting at the sub-heading (6-digit) level of the HSN hierarchy.
This code belongs to Chapter 15 — Animal,Vegetable Or Microbial Fats And Oils And Their Cleavage…, which is part of Section III: Animal or Vegetable Fats, Oils & Waxes. Every GST-registered business supplying wool grease and fatty substances derived therefrom (including lanolin) : must quote HSN 150500 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.