Under the GST regime, HSN Code 27132000 classifies Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen within Chapter 27 – Mineral Fuels, Mineral Oils A. This code is essential for businesses to correctly calculate and remit taxes on Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen. The applicable rates are CGST at 0.09, SGST/UTGST at 0.09 for within-state sales, and IGST at 0.18 for interstate supplies. Goods are quantified using 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 27132000
The tax structure for Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen under HSN Code 27132000 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 27 – Mineral Fuels, Mineral Oils A.
Who Should Use HSN Code 27132000?
Manufacturers, wholesalers, retailers, and exporters dealing in Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen are required to mention HSN 27132000 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
Entering the Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen market requires essential registrations. GST registration enables legal tax collection on HSN 27132000 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
Using HSN Code 27132000 accurately for Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen avoids compliance issues and facilitates credit claims. Monitor changes to 0.09, 0.09, and 0.18 rates for Chapter 27 – Mineral Fuels, Mineral Oils A to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 27132000 belong to?
HSN Code 27132000 falls under Chapter 27 – Mineral Fuels, Mineral Oils A in the GST tariff schedule. This chapter covers various goods including Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen.
Is IGST applicable on Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen?
Yes, IGST at 0.18 is applicable when Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen is supplied interstate or imported. For local sales within a state, CGST at 0.09 and SGST/UTGST at 0.09 apply instead.
Can e-commerce sellers use HSN Code 27132000?
Yes, e-commerce sellers dealing in Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Petroleum Bitumen must use HSN 27132000 on their invoices. This applies to all online platforms operating under Mineral Fuels, Mineral Oils A classification.
How do I start an import business for Mineral Fuels, Mineral Oils A goods?
To import goods under Mineral Fuels, Mineral Oils A, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.
