HSN Code 27072000 provides the tax classification for Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene) under Chapter 27 – Mineral Fuels, Mineral Oils A of the GST tariff. Businesses dealing in Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene) must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is kg..

HSN Codes under Chapter 27 – Mineral Fuels, Mineral Oils A

Below are related HSN codes from Chapter 27 – Mineral Fuels, Mineral Oils A for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Mineral Fuels, Mineral Oils A... 27011100 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011200 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011210 Coal; Briquettes, Ovoids And Similar Solid Fuels M... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011290 Coal; Briquettes, Ovoids And Similar Solid Fuels M... 0.025 0.025 0.05
Mineral Fuels, Mineral Oils A... 27011910 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011920 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011990 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 0.025 0.025 0.05
Mineral Fuels, Mineral Oils A... 27012010 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27012090 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 0.025 0.025 0.05
Mineral Fuels, Mineral Oils A... 27021000 Lignite, Whether Or Not Agglomerated, Excluding Je... 0.025 0.025 0.05

GST Rates for HSN 27072000

The tax structure for Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene) under HSN Code 27072000 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 27 – Mineral Fuels, Mineral Oils A.

Who Should Use HSN Code 27072000?

All businesses supplying Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene) are obligated to use HSN 27072000 on tax invoices. From producers to retailers within Mineral Fuels, Mineral Oils A, Chapter 27 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Commencing trade in Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene)? Secure GST registration to handle taxes on HSN 27072000 classified goods. Businesses with international operations in Mineral Fuels, Mineral Oils A need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.

Why Correct Classification Matters

Accurate HSN Code 27072000 usage for Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene) simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 27 – Mineral Fuels, Mineral Oils A to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

Which chapter does HSN Code 27072000 belong to?

HSN Code 27072000 falls under Chapter 27 – Mineral Fuels, Mineral Oils A in the GST tariff schedule. This chapter covers various goods including Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene).

Is IGST applicable on Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene)?

Yes, IGST at 0.18 is applicable when Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene) is supplied interstate or imported. For local sales within a state, CGST at 0.09 and SGST/UTGST at 0.09 apply instead.

Can e-commerce sellers use HSN Code 27072000?

Yes, e-commerce sellers dealing in Oils And Other Products Of The Distillation Of High Temperature Coal Tar Similar Products In Which The Weight Of The Aromatic Constituents Exceeds That Of The Non-Aromatic Constituents Toluol (Toluene) must use HSN 27072000 on their invoices. This applies to all online platforms operating under Mineral Fuels, Mineral Oils A classification.

How do I start an import business for Mineral Fuels, Mineral Oils A goods?

To import goods under Mineral Fuels, Mineral Oils A, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.

More HSN codes from Chapter 27

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