--- title: "HSN Code for Benzol (Benzene) | HSN 27071000 GST Rate" description: "Find HSN and GST Rates for 27071000 related to Benzol (Benzene) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27071000/" --- # HSN Code 27071000: Benzol (Benzene) - [Section 05: Guide to HSN Section 05](https://busy.in/hsn/section-05/) - [Chapter 27: Bituminous Substances, Mineral fuel & Oils](https://busy.in/hsn/chapter-27/) - [Sub-chapter 2707: High-temperature coal tar products](https://busy.in/hsn/sub-chapter-2707/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Benzol (benzene) | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27071000 ? It includes Benzol (Benzene) ### Do e‑way bill and e‑invoice apply for Benzol (Benzene)? 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. ### Can we claim ITC on inputs used to trade Benzol (Benzene)? 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. ### How should mixed supplies be billed when Benzol (Benzene) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Benzol (Benzene); Nil for exempt items if applicable). ### How much GST applies to Benzol (Benzene)? Under HSN 27071000, Benzol (Benzene) attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Any common misclassification issue with Benzol (Benzene)? Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 27071000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹136 Cr (+87.13% YoY) — 0.0037% of India's total exports - Imports: < ₹1 Crore (−66.67% YoY) — 0.0000% of India's total imports - Trade balance: ₹136 Cr (Surplus); surplus rank #1389 of 12657 HSN codes - Share of Sub-Chapter 2707: 0.75% of its exports; import side 0.00% - Rank within Sub-Chapter 2707: #3 of 8 by export value; import-side #5 ### Key metrics - Export CAGR: 27.95% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2279 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +465.12% in FY 2021-22 - Contribution to Sub-Ch. 2707: 0.75% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27071000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2707 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2707 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 31.00 | 0.0014% | — | 0.70% | < ₹1 Crore | 0.0000% | — | 0.02% | +30.12 | #3539 | | FY 2019-20 | 9.65 | 0.0004% | −68.87% | 0.21% | Nil | 0.0000% | −100.00% | 0.00% | +9.65 | #5058 | | FY 2020-21 | 1.29 | 0.0001% | −86.63% | 0.05% | Nil | 0.0000% | — | 0.00% | +1.29 | #7425 | | FY 2021-22 | 7.29 | 0.0002% | +465.12% | 0.13% | < ₹1 Crore | 0.0000% | — | 0.00% | +7.28 | #5886 | | FY 2022-23 | 14.24 | 0.0004% | +95.34% | 0.08% | Nil | 0.0000% | −100.00% | 0.00% | +14.24 | #5145 | | FY 2023-24 | 72.67 | 0.0020% | +410.32% | 0.44% | < ₹1 Crore | 0.0000% | — | 0.00% | +72.64 | #3020 | | FY 2024-25 | 135.99 | 0.0037% | +87.13% | 0.75% | < ₹1 Crore | 0.0000% | −66.67% | 0.00% | +135.98 | #2279 | - CAGR (7-year): exports 27.95%/yr, imports -52.58%/yr (consistently Surplus) ## Key trade insights: HSN Code 27071000 export-import analysis ### Consistent export growth: 27.95% CAGR over 7 years India's exports under HSN Code 27071000 have grown at a compound annual rate of 27.95% over 7 fiscal years, rising from ₹31.00 Crore in FY 2018-19 to ₹135.99 Crore in FY 2024-25. ### HSN Code 27071000 ranked #2279 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 27071000 ranks #2279 out of 12657 HSN codes by total export value. Within Sub-Chapter 2707, it ranks #3 of 8. By trade surplus, it ranks #1389 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 27071000 exports The strongest single-year export movement for HSN Code 27071000 was recorded in FY 2021-22, when exports surged by 465.12% over the prior year. ### India maintains a trade surplus of ₹135.98 Crore in HSN Code 27071000 goods In FY 2024-25, India's exports of ₹135.99 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹135.98 Crore — ranking #1389 of 12657 by surplus magnitude. ### Import growth of -52.58% CAGR signals stable import dependency for Benzol (Benzene) India's imports under HSN Code 27071000 have grown at -52.58% CAGR, reaching ₹0.01 Crore in FY 2024-25. ### HSN Code 27071000 contributes 0.75% of Sub-Chapter 2707 exports — ranked #3 Among the 8 HSN codes under Sub-Chapter 2707, HSN Code 27071000 ranks #3 by export value — accounting for 0.75% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #5). ## Related HSN Codes in Sub-Chapter 2707 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 27075000: Aromatic Hydrocarbon Mixtures](https://busy.in/hsn/hsn-27075000/) | ₹12,242 Cr | | #2 | [HSN Code 27079900: Distilled Coal Tar Oils with Aromatic Content \| Other](https://busy.in/hsn/hsn-27079900/) | ₹5,550 Cr | | #3 | HSN Code 27071000: Benzol (Benzene) (this hsn code) | ₹136 Cr | | #4 | [HSN Code 27073000: Xylol (Xylenes)](https://busy.in/hsn/hsn-27073000/) | ₹122 Cr | | #5 | [HSN Code 27074000: Naphthelene](https://busy.in/hsn/hsn-27074000/) | ₹32 Cr | | #6 | [HSN Code 27079100: Other \| Creosote Oils](https://busy.in/hsn/hsn-27079100/) | ₹7 Cr | | #7 | [HSN Code 27072000: Toluol (Toluene)](https://busy.in/hsn/hsn-27072000/) | < ₹1 Crore | | — | [HSN Code 27076000: Crude Petroleum Oils & Bituminous Minerals](https://busy.in/hsn/hsn-27076000/) | — |