Within Chapter 15 – Animal Or Vegetable Fats And, HSN Code 15029010 serves as the official classification for Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Other---Unrendered Fats. This code determines tax rates and compliance obligations for all entities trading in Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Other---Unrendered Fats. CGST applies at 6.00%, SGST/UTGST at 6.00% for local transactions, and IGST at 12.00% for interstate supplies. Measurement is standardized in 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... | 15021010 | Fats Of Bovine Animals, Sheep Or Goats, Other Than... | 6.00% | 6.00% | 12.00% |
| 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... | 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 15029010
Goods classified as Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Other---Unrendered Fats under HSN 15029010 are taxed based on transaction type. Local sales attract CGST at 6.00% plus SGST/UTGST at 6.00%. For supplies crossing state boundaries, IGST at 12.00% applies. Documentation must reflect kg. as the measurement standard for Chapter 15 – Animal Or Vegetable Fats And products.
Who Should Use HSN Code 15029010?
Any business engaged in supplying Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Other---Unrendered Fats must apply HSN 15029010 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-Other---Unrendered Fats? Secure GST registration to handle taxes on HSN 15029010 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
Using HSN Code 15029010 accurately for Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Other---Unrendered Fats avoids compliance issues and facilitates credit claims. Monitor changes to 6.00%, 6.00%, and 12.00% rates for Chapter 15 – Animal Or Vegetable Fats And to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
HSN Code 15029010 is used to classify Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Other---Unrendered Fats 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.
For Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Other---Unrendered Fats, CGST applies at 6.00% and SGST/UTGST at 6.00% for intrastate supplies. Interstate transactions are taxed under IGST at 12.00%.
Yes, GST registration is mandatory for businesses dealing in Fats Of Bovine Animals, Sheep Or Goats, Other Than Those Of Heading 1503-Other---Unrendered Fats under HSN 15029010. This enables you to legally collect taxes and claim input credits on purchases.
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.