What is HSN Code 1507?
HSN code 1507 is the Harmonized System of Nomenclature classification for Soya-Bean Oil And Its Fractions, Whether Or Not Refined, But Not Chemically Modified under India's Goods and Services Tax (GST). It is a 4-digit code sitting at the heading (4-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 soya-bean oil and its fractions, whether or not refined, but not chemically modified must quote HSN 1507 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.