Chapter 27 of the GST framework covers Mineral Fuels, Mineral Oils A, and HSN Code 27101249 specifically identifies M15 Fuel Conforming To Standard Is 17076 for taxation purposes. This classification is mandatory for all businesses engaged in the supply of M15 Fuel Conforming To Standard Is 17076. Tax rates applicable include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00% for interstate movements. The standard 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 27101249
The taxation of M15 Fuel Conforming To Standard Is 17076 under HSN Code 27101249 depends on supply location. Intrastate transactions require CGST at 9.00% and SGST/UTGST at 9.00%. Interstate supplies are charged IGST at 18.00%. Invoices should consistently use kg. for Mineral Fuels, Mineral Oils A goods under Chapter 27.
Who Should Use HSN Code 27101249?
All businesses supplying M15 Fuel Conforming To Standard Is 17076 are obligated to use HSN 27101249 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
Looking to deal in M15 Fuel Conforming To Standard Is 17076? GST registration is your first compliance requirement for HSN 27101249 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
Proper use of HSN Code 27101249 for M15 Fuel Conforming To Standard Is 17076 streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 27 – Mineral Fuels, Mineral Oils A through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 27101249 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 27101249 for accurate classification of M15 Fuel Conforming To Standard Is 17076.
Can I claim input tax credit on M15 Fuel Conforming To Standard Is 17076 purchases?
Yes, registered businesses can claim input tax credit on M15 Fuel Conforming To Standard Is 17076 purchases made under HSN 27101249. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.
What is the difference between CGST and IGST for HSN 27101249?
CGST at 9.00% plus SGST/UTGST at 9.00% applies when M15 Fuel Conforming To Standard Is 17076 is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading M15 Fuel Conforming To Standard Is 17076 domestically?
No, Import Export Code is only required if you plan to import or export M15 Fuel Conforming To Standard Is 17076 internationally. For domestic trade within Mineral Fuels, Mineral Oils A, GST registration is sufficient.
