27091000 is the designated HSN classification for Petroleum Oils And Oils Obtained From Bituminous Minerals, categorized under Chapter 27 – Mineral Fuels, Mineral Oils A in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Petroleum Oils And Oils Obtained From Bituminous Minerals must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Quantities are measured in N.a for billing purposes.
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 27091000
The taxation of Petroleum Oils And Oils Obtained From Bituminous Minerals under HSN Code 27091000 depends on supply location. Intrastate transactions require CGST at 2.50% and SGST/UTGST at 2.50%. Interstate supplies are charged IGST at 5.00%. Invoices should consistently use N.a for Mineral Fuels, Mineral Oils A goods under Chapter 27.
Who Should Use HSN Code 27091000?
Manufacturers, wholesalers, retailers, and exporters dealing in Petroleum Oils And Oils Obtained From Bituminous Minerals are required to mention HSN 27091000 on all tax documents. This classification under Mineral Fuels, Mineral Oils A applies to businesses of all sizes operating within Chapter 27. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Looking to deal in Petroleum Oils And Oils Obtained From Bituminous Minerals? GST registration is your first compliance requirement for HSN 27091000 goods. International traders in Mineral Fuels, Mineral Oils A products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.
Why Correct Classification Matters
Accurate application of HSN Code 27091000 for Petroleum Oils And Oils Obtained From Bituminous Minerals enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 27 – Mineral Fuels, Mineral Oils A should monitor rate updates (2.50%, 2.50%, 5.00%) through official notifications to maintain seamless compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 27091000?
Official GST rates for Petroleum Oils And Oils Obtained From Bituminous Minerals under HSN 27091000 are published in government notifications and the CBIC website. Current rates are CGST 2.50%, SGST/UTGST 2.50%, and IGST 5.00%.
Do online marketplaces need to mention HSN 27091000?
Yes, online marketplaces and e-commerce operators selling Petroleum Oils And Oils Obtained From Bituminous Minerals must mention HSN Code 27091000 on invoices. This Mineral Fuels, Mineral Oils A classification applies to all sales channels under Chapter 27.
What documents are needed for company registration to trade in Petroleum Oils And Oils Obtained From Bituminous Minerals?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Petroleum Oils And Oils Obtained From Bituminous Minerals under HSN 27091000.
How often do GST rates change for Mineral Fuels, Mineral Oils A products?
GST rates for Petroleum Oils And Oils Obtained From Bituminous Minerals and other Mineral Fuels, Mineral Oils A products under Chapter 27 may change through GST Council recommendations. Monitor official notifications to stay updated on 2.50%, 2.50%, and 5.00% revisions.
