Chapter 27 of the GST framework covers Mineral Fuels, Mineral Oils A, and HSN Code 27131200 specifically identifies Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined for taxation purposes. This classification is mandatory for all businesses engaged in the supply of Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined. 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 N.a.
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 27131200
The taxation of Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined under HSN Code 27131200 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 N.a for Mineral Fuels, Mineral Oils A goods under Chapter 27.
Who Should Use HSN Code 27131200?
Traders, manufacturers, and importers of Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined are required to mention HSN Code 27131200 on all GST documents. This Mineral Fuels, Mineral Oils A classification under Chapter 27 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Entering the Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined market requires essential registrations. GST registration enables legal tax collection on HSN 27131200 goods. For cross-border trade in Mineral Fuels, Mineral Oils A items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Proper use of HSN Code 27131200 for Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined 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)
What is HSN Code 27131200 used for?
HSN Code 27131200 is used to classify Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined under Chapter 27 – Mineral Fuels, Mineral Oils A for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.
What are the GST rates applicable on HSN 27131200?
For Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined, CGST applies at 9.00% and SGST/UTGST at 9.00% for intrastate supplies. Interstate transactions are taxed under IGST at 18.00%.
Do I need GST registration to trade in Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined?
Yes, GST registration is mandatory for businesses dealing in Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined under HSN 27131200. This enables you to legally collect taxes and claim input credits on purchases.
What registrations are required for importing Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Coke: Calcined?
For importing goods under Mineral Fuels, Mineral Oils A, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.
