HSN means the Harmonized System of Nomenclature code used for classifying goods under GST. This classification is used in Customs, Central Excise and Foreign Trade Policy. The use of HSN codes is to make GST systematic and globally accepted. GST Rates and HSN codes for Fossil Fuels -Coal & Petroleum are mentioned in chapter 27.
The table given below comprises of the GST rates and HSN codes for Fossil Fuels -Coal & Petroleum.
|
HSN Code |
Description |
Rate (%) |
Effective From |
CESS (%) |
|
2705 |
Coal gas, water gas, producer gas and similar gases, other than petroleum gases and other gaseous hydrocarbons |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27050000 |
||||
|
27 |
Bio-gas |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27090000 |
||||
|
2701 |
Coal; briquettes, ovoids and similar solid fuels manufactured from coal |
5 |
28/06/2017 |
Rs. 400 per tonne |
|
Related Export / Import HSN Code 27011100, 27011200, 27011910, 27011920, 27011990, 27012010, 27012090 |
||||
|
2702 |
Lignite, whether or not agglomerated, excluding jet |
5 |
28/06/2017 |
Rs. 400 per tonne |
|
Related Export / Import HSN Code 27021000, 27022000 |
||||
|
2703 |
Peat (including peat litter), whether or not agglomerated |
5 |
28/06/2017 |
Rs. 400 per tonne |
|
Related Export / Import HSN Code 27030010, 27030090 |
||||
|
2704 |
Coke and semi coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27040010, 27040020, 27040030, 27040040, 27040090 |
||||
|
2706 |
Tar distilled from coal, from lignite or from peat |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27060010, 27060090 |
||||
|
2706 |
Tar distilled from other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars |
18 |
14/11/2017 |
|
|
Related Export / Import HSN Code 27060010, 27060090 |
||||
|
2707 |
Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents ex-ceeds that of the non-aromatic constituents, such as Benzole (ben-zene), Toluole (toluene), Xylole (xylenes), Naphthelene |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27071000, 27072000, 27073000, 27074000, 27075000, 27079100, 27079900 |
||||
|
2708 |
Pitch and pitch coke, obtained from coal tar or from other mineral tars |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27081010, 27081090, 27082000 |
||||
|
2710 |
a) Kerosene oil PDS, b) The following bunker fuels for use in ships or vessels, namely, IFO 180 CST , IFO 380 CST |
5 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27101211, 27101212, 27101213, 27101219, 27101220, 27101290, 27101910, 27101920, 27101930, 27101940, 27101950, 27101960, 27101970, 27101980, 27101990, 27102000, 27109100, 27109900 |
||||
|
2710 |
Petroleum oils and oils obtained from bituminous minerals, other than petroleum crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils ob-tained from bituminous minerals, these oils being the basic constitu-ents of the preparations; waste oils; [other than Avgas and Kerosene PDS and other than petrol, Diesel and ATF, not in GST] |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27101211, 27101212, 27101213, 27101219, 27101220, 27101290, 27101910, 27101920, 27101930, 27101940, 27101950, 27101960, 27101970, 27101980, 27101990, 27102000, 27109100, 27109900 |
||||
|
2710 |
Avgas |
18 |
14/11/2017 |
|
|
Related Export / Import HSN Code 27101211, 27101212, 27101213, 27101219, 27101220, 27101290, 27101910, 27101920, 27101930, 27101940, 27101950, 27101960, 27101970, 27101980, 27101990, 27102000, 27109100, 27109900 |
||||
|
2711 |
Petroleum gases and other gaseous hydrocarbons, such as Propane, Butanes, Ethylene, propylene, butylene and butadiene [Other than Liquefied Propane and Butane mixture, Liquefied Propane, Liquefied Butane and Liquefied Petroleum Gases (LPG) for supply to household domestic consumers or to non-domestic exempted category (NDEC) customers by the Indian Oil Corporation Limited, Hindustan petrole- um Corporation Limited or Bharat Petro- leum Corporation Limited] |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27111100, 27111400, 27111900, 27112100, 27112900 |
||||
|
2712 |
Petroleum jelly; paraffin wax, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and simi-lar products obtained by synthesis or by other processes, whether or not coloured |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27121010, 27121090, 27122000, 27129010, 27129020, 27129030, 27129040, 27129090 |
||||
|
2713 |
Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27131100, 27131200, 27132000, 27139000 |
||||
|
2714 |
Bitumen and asphalt, natural; bituminous or oil shale and tar sands; as-phaltites and asphaltic rocks |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27141000, 27149010, 27149020, 27149030, 27149090 |
||||
|
2715 |
Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (for example, bituminous mastics, cut-backs) |
18 |
28/06/2017 |
|
|
Related Export / Import HSN Code 27150010, 27150090 |
||||
|
27160000 |
Electrical energy |
NIL |
28/06/2017 |
|
|
27111300 |
Liquefied Propane and Butane mixture, Liquefied Propane, Liquefied Butane and Liquefied Petroleum Gases (LPG) for supply to household domestic consumers or to non-domestic exempted category (NDEC) customers by the Indian Oil Corporation Limited, Hindustan petroleum Corporation Limited or Bharat Petroleum Corporation Limited. |
5 |
28/06/2017 |
|
|
27111200 |
Liquefied Propane and Butane mixture, Liquefied Propane, Liquefied Butane and Liquefied Petroleum Gases (LPG) for supply to household domestic consumers or to non-domestic exempted category (NDEC) customers by the Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited or Bharat Petroleum Corporation Limited. |
5 |
28/06/2017 |
|
|
27101900 |
Liquefied Propane and Butane mixture, Liquefied Propane, Liquefied Butane and Liquefied Petroleum Gases (LPG) for supply to household domestic consumers or to non-domestic exempted category (NDEC) customers by the Indian Oil Corporation Limited, Hindustan petroleum Corporation Limited or Bharat Petroleum Corporation Limited. |
5 |
28/06/2017 |
|
Disclaimer
The rates given in the above table are as per the 31st GST council meeting which was held on 22nd December 2018. Dissimilarities may be present due to the latest updates made by the government. Make sure to check the “Effective From” column.
FAQs
As of now, five petroleum products viz. petroleum crude, motor spirit (petrol), air turbine fuel (ATF), high speed diesel and natural gas are included in GST, but is governed under existing Central Excise Act as well as State VAT and Central Sales Tax Act, till GST Council recommends the same for coverage under GST.
HSN stands for Harmonized System of Nomenclature which was developed by the World Customs Organization (WCO) with the vision of classifying goods all over the World in a systematic manner. HSN contains a six-digit uniform code that classifies 5,000+ products and is accepted worldwide.
Taxpayers having turnover exceeds Rs. 1.5 crore but up to 5.00 crore will be required to mention only two digits of HSN code. Taxpayers having turnover exceeds Rs 5.00 crore will be required to mention four digits of HSN code.
Hey @HarishMehta
From 1st April 2021, Taxpayers with an aggregate Annual Turnover of more than INR 5 Crore during the financial Year 2020-2021 have to mandatorily mention 6 digits of the HSN Code in all tax invoices.
Businesses with a turnover of up to INR 5 crore in the preceding financial year will be required to mandatorily furnish 4 digit HSN code on B2B invoices.
Hope this helps!
Hey @Dia_malhotra
Let’s take an example of Cocoa powder to calculate the GST using the HSN code.
Cocoa Powder per Kg = INR1,000.
HSN Code = 18 05 00 00
GST Rate = 18% (For Cocoa powder, not containing added sugar or sweetening matter)
Therefore, GST = INR180
Hope this helps!
Hey,
What are the consequences of not mentioning or incorrectly mentioning the HSN Code?
Hey @SonalYadav
It is very crucial to mention the correct HSN/ SAC Code on the tax invoices and Form GSTR-1, barring to do so may attract a penalty of INR 50,000 (INR 25,000 each for CGST and SGST) for non-mentioning or incorrect mention of wrong HSN/ SAC Code under Section 125 of the CGST Act.
Hope this helps!
Hey @Prasana_Srinivasan, this tool can help