Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 1522 specifically identifies degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes 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 1522 on all Tax Invoices for degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes
✓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 1522

"Classifying degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes 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."