Under the GST regime, HSN Code 27139000 classifies Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals 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 - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals. 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 27139000

For Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals classified under HSN Code 27139000, tax computation follows GST principles. CGST at 0.09 plus SGST/UTGST at 0.09 covers intrastate sales. IGST at 0.18 applies to interstate transactions. kg. is the prescribed measurement for Mineral Fuels, Mineral Oils A under Chapter 27.

Who Should Use HSN Code 27139000?

Every entity transacting in Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals must quote HSN Code 27139000 on invoices. This includes traders, distributors, and e-commerce sellers operating under Mineral Fuels, Mineral Oils A. Chapter 27 mandates this classification for accurate tax computation across the supply chain.

Business Registration Requirements

Starting a business involving Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals? GST registration is mandatory for collecting and remitting taxes on HSN 27139000 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

Accurate HSN Code 27139000 usage for Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals simplifies reconciliation and protects against penalties. Keep current with 0.09, 0.09, and 0.18 updates for Chapter 27 – Mineral Fuels, Mineral Oils A to ensure ongoing compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 27139000 used for?

HSN Code 27139000 is used to classify Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals 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 27139000?

For Petroleum Coke, Petroleum Bitumen And Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals, CGST applies at 0.09 and SGST/UTGST at 0.09 for intrastate supplies. Interstate transactions are taxed under IGST at 0.18.

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 - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals?

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 - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals under HSN 27139000. 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 - Other Residues Of Petroleum Oils Or Of Oils Obtained From Bituminous Minerals?

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.

More HSN codes from Chapter 27

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