Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 1521 specifically identifies vegetable waxes (other than triglycerides), beeswax, other insect waxes and spermaceti, whether or not refined or coloured 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 1521 on all Tax Invoices for vegetable waxes (other than triglycerides), beeswax, other insect waxes and spermaceti, whether or not refined or coloured
✓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 1521

"Classifying vegetable waxes (other than triglycerides), beeswax, other insect waxes and spermaceti, whether or not refined or coloured 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."