HSN Code 1520
Glycerol, crude; glycerol waters and lyes
HSN Code1520
DescriptionGlycerol, crude; glycerol waters and lyes
CategoryFats & Oils
GST Rate18%
CGST + SGST (Intra-state)9% + 9%
IGST (Inter-state)18%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹1,800.00, Total = ₹11,800.00
Related HSN Codes in Fats & Oils
| HSN Code | Description | GST Rate |
|---|---|---|
| 1502 | Rendered fats of bovine animals, sheep or goats (tallow) | 5% |
| 1504 | Fish oils and fats (cod liver oil) | 5% |
| 1508 | Groundnut (peanut) oil and its fractions | 5% |
| 1509 | Olive oil, virgin | 5% |
| 1510 | Other olive oils and blends | 5% |
| 1513 | Coconut oil (copra oil) and its fractions | 5% |
| 1514 | Rapeseed (canola) or mustard oil | 5% |
| 1516 | Hydrogenated animal or vegetable fats (vanaspati) | 5% |
About HSN Code 1520
HSN code 1520 is used to classify glycerol, crude; glycerol waters and lyes under the Goods and Services Tax (GST) system in India. This code falls under the Fats & Oils category and attracts a GST rate of 18%.
HSN (Harmonized System of Nomenclature) is an internationally standardized system of names and numbers to classify traded products. Under GST, businesses with turnover above ₹5 crore must report 6-digit HSN codes on invoices, while those between ₹1.5 crore and ₹5 crore must report 4-digit codes.