Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 1501 specifically identifies pig fats (including lard) and poultry fat, other than that of heading 0209 or 1503 for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split

CGST 2.5% + SGST 2.5%

Inter-State Split

IGST 5%

Compliance Check-list

✓Mention HSN 1501 on all Tax Invoices for pig fats (including lard) and poultry fat, other than that of heading 0209 or 1503
✓Include in HSN-wise summary of GSTR-1 filings
✓Mandatory for E-way bill generation for goods above threshold
✓Ensure Input Tax Credit (ITC) matches this classification

✨ AI Compliance Insight

Expert Advice for 1501

"Classifying pig fats (including lard) and poultry fat, other than that of heading 0209 or 1503 correctly is critical to avoid litigation. While the base rate is 5%, always check for anti-dumping duties if importing, especially under the Fats & Oils category. AasanKhata automatically monitors these shifts for you."