Chapter 15 of the GST framework covers Animal Or Vegetable Fats And, and HSN Code 15132930 specifically identifies Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade. Tax rates applicable include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00% for interstate movements. The standard 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... | 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... | 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% |
GST Rates for HSN 15132930
The tax structure for Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade under HSN Code 15132930 follows a dual taxation model. CGST is levied at 2.50% and SGST/UTGST at 2.50% for intrastate sales. Interstate transactions attract IGST at 5.00%. 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 15132930?
All businesses supplying Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade are obligated to use HSN 15132930 on tax invoices. From producers to retailers within Animal Or Vegetable Fats And, Chapter 15 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Planning to trade in Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade? Complete GST registration to legally collect taxes on goods under HSN 15132930. Businesses importing or exporting Animal Or Vegetable Fats And products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Accurate HSN Code 15132930 usage for Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 15 – Animal Or Vegetable Fats And to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 15132930 for accurate classification of Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade.
Yes, registered businesses can claim input tax credit on Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade purchases made under HSN 15132930. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
CGST at 2.50% plus SGST/UTGST at 2.50% applies when Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.
No, Import Export Code is only required if you plan to import or export Coconut (Copra), Palm Kernel Or Babassu Oil And Fractions Thereof, Whether Or Not Refined, But Not Chemically Modified Palm Kernel Or Babassu Oil And Fractions Thereof : Other : Babassu Oil And Its Fractions, Other Than Edible Grade internationally. For domestic trade within Animal Or Vegetable Fats And, GST registration is sufficient.