HSN Code 0507 refers to "Ivory, tortoiseshell, whalebone and whalebone hair, horns, antlers, hooves, nails, claws and beaks, unworked or simply prepared; powder and waste of these products (excluding cut to shape)." This classification code is essential for identifying raw materials and natural products for import/export purposes based on their nature, composition, and intended use. Common products under HSN Code 0507 include unworked ivory, tortoiseshell pieces, whalebone, and various animal by-products such as horns and antlers. Additionally, the GST rate for these natural materials under this code supports accurate trade compliance.