HSN Code 27030090: Other Peat Products

HSN Code 27030090 represents Other Peat Products under GST classification. This code helps businesses identify Other Peat Products correctly for billing, taxation, and trade. With HSN Code 27030090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Peat Products.

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Description of Goods for HSN Code 27030090

HSN Code 27030090 relates to the following description.

Description of Goods

Peat (including peat litter), whether or not agglomerated : Other

Chapter

27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

Sub Chapter

2703 - Peat (including peat litter), whether or not agglomerated

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

See note

CESS note

Rs. 400 per tonne/Nil (If Coal rejects supplied by coal washery, arising out of coal on which compensation cess has been paid and input tax credit thereof has not been availed by any person

What does HSN Code 27030090 not include?

Other Peat Products does not include products with the following descriptions.

HSN Code 27030010

Peat (including peat litter), whether or not agglomerated : Peat whether or not compressed into bales, but not agglomerated

India’s Trade Performance — HSN Code 27030090 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

+200.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹14 Cr

+95.90% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹14 Cr

Trade Deficit

Surplus rank #9317 of 12657 HSN codes

% of Sub-Chapter 2703

FY 2024-25

42.86%

Share of Sub-Chapter 2703’s total exports in FY 2024-25

Import side: 26.76% of Sub-Chapter 2703’s imports

Rank Within Sub-Chapter 2703

FY 2024-25

#2 of 2

Position by export value among HSN codes in Sub-Chapter 2703

Import-side rank: #2 of 2

At a glance

6.99%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#10193

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+200.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

42.86%

Contribution to Sub-Ch. 2703

Share of Sub-Chapter 2703 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 27030090

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #9774

Balance

−1.73

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

100.00% of Sub-Ch. 2703

Imports

1.75 ₹ Cr

0.0000% share

— YoY

14.71% of Sub-Ch. 2703

FY 2019-20 Exp. Rank #9717

Balance

−2.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

100.00% of Sub-Ch. 2703

Imports

2.13 ₹ Cr

0.0001% share

+21.71% YoY

13.52% of Sub-Ch. 2703

FY 2020-21

Balance

−3.45

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2703

Imports

3.45 ₹ Cr

0.0001% share

+61.97% YoY

12.97% of Sub-Ch. 2703

FY 2021-22 Exp. Rank #9282

Balance

−6.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

100.00% of Sub-Ch. 2703

Imports

6.57 ₹ Cr

0.0001% share

+90.43% YoY

18.88% of Sub-Ch. 2703

FY 2022-23

Balance

−6.16

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2703

Imports

6.16 ₹ Cr

0.0001% share

−6.24% YoY

20.81% of Sub-Ch. 2703

FY 2023-24 Exp. Rank #10473

Balance

−7.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

100.00% of Sub-Ch. 2703

Imports

7.31 ₹ Cr

0.0001% share

+18.67% YoY

24.46% of Sub-Ch. 2703

FY 2024-25 Exp. Rank #10193

Balance

−14.29

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

42.86% of Sub-Ch. 2703

Imports

14.32 ₹ Cr

0.0002% share

+95.90% YoY

26.76% of Sub-Ch. 2703

CAGR · 7-Year

Exports

6.99% /yr

Imports

41.96% /yr

Consistently Deficit
Sub-Chapter 2703 total

reference, FY 2024-25

Export

₹0.07 Cr

Import

₹53.52 Cr

Trade Balance

−53.45

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 27030090 Export-Import Analysis

Consistent Export Growth: 6.99% CAGR Over 7 Years

India's exports under HSN Code 27030090 have grown at a compound annual rate of 6.99% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.03 Crore in FY 2024-25.

HSN Code 27030090 Ranked #10193 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 27030090 ranks #10193 out of 12657 HSN codes by total export value. Within Sub-Chapter 2703, it ranks #2 of 2. By trade surplus, it ranks #9317 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 27030090 Exports

The strongest single-year export movement for HSN Code 27030090 was recorded in FY 2024-25, when exports surged by 200.00% over the prior year.

India Records a Trade Deficit of ₹14.29 Crore in HSN Code 27030090 Goods

In FY 2024-25, India's imports of ₹14.32 Cr exceeded exports of ₹0.03 Cr, resulting in a trade deficit of ₹14.29 Crore — ranking #9317 of 12657 by surplus magnitude.

Import Growth of 41.96% CAGR Signals Rising Demand for Other Peat Products

India's imports under HSN Code 27030090 have grown at 41.96% CAGR, reaching ₹14.32 Crore in FY 2024-25.

HSN Code 27030090 Contributes 42.86% of Sub-Chapter 2703 Exports — Ranked #2

Among the 2 HSN codes under Sub-Chapter 2703, HSN Code 27030090 ranks #2 by export value — accounting for 42.86% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 26.76% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 27030090 and GST compliance.

What products are classified under HSN 27030090 ?

It includes Other Peat Products

How much GST applies to Other Peat Products?

Under HSN 27030090, Other Peat Products attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

How should mixed supplies be billed when Other Peat Products is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Peat Products; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Other Peat Products?

If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Does packaging or labelling change the GST for Other Peat Products?

For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil.

Do e‑way bill and e‑invoice apply for Other Peat Products?

Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.