What is HSN Code 1516?
HSN code 1516 is the Harmonized System of Nomenclature classification for Animal, Vegetable Or Microbial Fats And Oils And Their Fractions, Partly Or Wholly… 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 animal, vegetable or microbial fats and oils and their fractions, partly or wholly… must quote HSN 1516 (or the digit-length required for its turnover) on tax invoices and in GSTR-1.