HSN Code 15021010 provides the tax classification for Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow under Chapter 15 – Animal Or Vegetable Fats And of the GST tariff. Businesses dealing in Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow must use this code for proper invoicing and return filing. Applicable taxes include CGST at 6.00%, SGST/UTGST at 6.00%, and IGST at 12.00%. The recognized unit of measurement is kg..
HSN Codes under Chapter 15 – Animal Or Vegetable Fats And
Below are related HSN codes from Chapter 15 – Animal Or Vegetable Fats And for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Animal Or Vegetable Fats And... | 15011000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 6% | 6% | 12.00% |
| Animal Or Vegetable Fats And... | 15012000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15019000 | Pig Fat (Including Lard) And Poultry Fat, Other Th... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15021090 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029010 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029020 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15029090 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15030000 | Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And ... | 0.06 | 0.06 | 0.12 |
| Animal Or Vegetable Fats And... | 15041010 | Fats And Oils And Their Fractions, Of Fish Or Mari... | 6.00% | 6.00% | 12.00% |
| Animal Or Vegetable Fats And... | 15041091 | Fats And Oils And Their Fractions, Of Fish Or Mari... | 6.00% | 6.00% | 12.00% |
GST Rates for HSN 15021010
The tax structure for Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow under HSN Code 15021010 follows a dual taxation model. CGST is levied at 6.00% and SGST/UTGST at 6.00% for intrastate sales. Interstate transactions attract IGST at 12.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 15 – Animal Or Vegetable Fats And.
Who Should Use HSN Code 15021010?
Any business engaged in supplying Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow must apply HSN 15021010 on invoices. The Animal Or Vegetable Fats And category under Chapter 15 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.
Business Registration Requirements
Commencing trade in Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow? Secure GST registration to handle taxes on HSN 15021010 classified goods. Businesses with international operations in Animal Or Vegetable Fats And need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Proper use of HSN Code 15021010 for Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow streamlines audit processes and supports valid credit claims. Stay updated on 6.00%, 6.00%, and 12.00% rates for Chapter 15 – Animal Or Vegetable Fats And through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 15021010 used for?
HSN Code 15021010 is used to classify Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow under Chapter 15 – Animal Or Vegetable Fats And for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 15021010?
For Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow, CGST applies at 6.00% and SGST/UTGST at 6.00% for intrastate supplies. Interstate transactions are taxed under IGST at 12.00%.
Do I need GST registration to trade in Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow?
Yes, GST registration is mandatory for businesses dealing in Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow under HSN 15021010. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Tallow---Mutton Tallow?
For importing goods under Animal Or Vegetable Fats And, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
