Within Chapter 27 – Mineral Fuels, Mineral Oils A, HSN Code 27074000 serves as the official 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 Naphthelene. This code determines tax rates and compliance obligations for all entities trading 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 Naphthelene. CGST applies at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Measurement is standardized in 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 27074000
The taxation of 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 Naphthelene under HSN Code 27074000 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use kg. for Mineral Fuels, Mineral Oils A goods under Chapter 27.
Who Should Use HSN Code 27074000?
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 Naphthelene are obligated to use HSN 27074000 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 Naphthelene? Secure GST registration to handle taxes on HSN 27074000 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
Correct HSN Code 27074000 application 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 Naphthelene ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 27 – Mineral Fuels, Mineral Oils A through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 27074000 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 27074000 for accurate classification of 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 Naphthelene.
Can I claim input tax credit 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 Naphthelene purchases?
Yes, registered businesses can claim input tax credit 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 Naphthelene purchases made under HSN 27074000. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.
What is the difference between CGST and IGST for HSN 27074000?
CGST at 0.09 plus SGST/UTGST at 0.09 applies 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 Naphthelene is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading 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 Naphthelene domestically?
No, Import Export Code is only required if you plan to import or export 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 Naphthelene internationally. For domestic trade within Mineral Fuels, Mineral Oils A, GST registration is sufficient.
