Chapter 27 of the GST framework covers Mineral Fuels, Mineral Oils A, and HSN Code 27101972 specifically identifies Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656 for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656. 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 27101972
Tax liability for Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656 under HSN 27101972 varies by transaction geography. CGST at 9.00% combined with SGST/UTGST at 9.00% applies to local sales. Interstate movement attracts IGST at 18.00%. All billing for Chapter 27 – Mineral Fuels, Mineral Oils A products must use kg..
Who Should Use HSN Code 27101972?
Manufacturers, wholesalers, retailers, and exporters dealing in Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656 are required to mention HSN 27101972 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
Starting a business involving Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656? GST registration is mandatory for collecting and remitting taxes on HSN 27101972 goods. Companies planning international trade within Mineral Fuels, Mineral Oils A must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Proper use of HSN Code 27101972 for Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656 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)
Where can I find the official GST rate for HSN 27101972?
Official GST rates for Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656 under HSN 27101972 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Do online marketplaces need to mention HSN 27101972?
Yes, online marketplaces and e-commerce operators selling Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656 must mention HSN Code 27101972 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 Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656 under HSN 27101972.
How often do GST rates change for Mineral Fuels, Mineral Oils A products?
GST rates for Engine Oil (Internal Combustion Engine Crankcase Oils)Conforming To Standard Is 13656 and other Mineral Fuels, Mineral Oils A products under Chapter 27 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
