--- title: "HSN Code for Solvent 60/80 (IS 1745) | HSN 27101229 GST Rate" description: "Find HSN and GST Rates for 27101229 related to Solvent 60/80 (IS 1745) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27101229/" --- # HSN Code 27101229: Solvent 60/80 (IS 1745) - [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 2710: Petroleum oils, bituminous minerals](https://busy.in/hsn/sub-chapter-2710/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils: Light oils and preparations : Naphtha: Full Range naphtha | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27101229 ? It includes Solvent 60/80 (IS 1745) ### How much GST applies to Solvent 60/80 (IS 1745)? Under HSN 27101229, Solvent 60/80 (IS 1745) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Solvent 60/80 (IS 1745)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Solvent 60/80 (IS 1745) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Solvent 60/80 (IS 1745); Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Solvent 60/80 (IS 1745)? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### Any common misclassification issue with Solvent 60/80 (IS 1745)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Solvent 60/80 (IS 1745)? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ## India's trade performance: HSN Code 27101229 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2,792 Cr (+47.76% YoY) — 0.0759% of India's total exports - Imports: ₹11,759 Cr (+94.50% YoY) — 0.1935% of India's total imports - Trade balance: −₹8,967 Cr (Deficit); surplus rank #12603 of 12657 HSN codes - Share of Sub-Chapter 2710: 0.53% of its exports; import side 14.38% - Rank within Sub-Chapter 2710: #11 of 65 by export value; import-side #3 ### Key metrics - National export rank: #189 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +51.82% in FY 2021-22 - Contribution to Sub-Ch. 2710: 0.53% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27101229 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. 2710 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2710 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | 4,695.62 | 0.2183% | — | 2.51% | 895.43 | 0.0307% | — | 2.10% | +3,800.19 | #62 | | FY 2021-22 | 7,128.98 | 0.2272% | +51.82% | 1.43% | 1,358.14 | 0.0297% | +51.67% | 1.82% | +5,770.84 | #54 | | FY 2022-23 | 5,577.52 | 0.1540% | −21.76% | 0.72% | 3,714.53 | 0.0646% | +173.50% | 4.22% | +1,862.99 | #82 | | FY 2023-24 | 1,889.72 | 0.0522% | −66.12% | 0.27% | 6,045.60 | 0.1077% | +62.76% | 6.92% | −4,155.88 | #266 | | FY 2024-25 | 2,792.22 | 0.0759% | +47.76% | 0.53% | 11,758.92 | 0.1935% | +94.50% | 14.38% | −8,966.70 | #189 | ## Key trade insights: HSN Code 27101229 export-import analysis ### Export snapshot for HSN Code 27101229 India exported ₹2,792.22 Crore worth of Solvent 60/80 (IS 1745) in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 27101229 ranked #189 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 27101229 ranks #189 out of 12657 HSN codes by total export value. Within Sub-Chapter 2710, it ranks #11 of 65. By trade surplus, it ranks #12603 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 27101229 exports The strongest single-year export movement for HSN Code 27101229 was recorded in FY 2021-22, when exports surged by 51.82% over the prior year. ### India records a trade deficit of ₹8,966.70 Crore in HSN Code 27101229 goods In FY 2024-25, India's imports of ₹11,758.92 Cr exceeded exports of ₹2,792.22 Cr, resulting in a trade deficit of ₹8,966.70 Crore — ranking #12603 of 12657 by surplus magnitude. ### HSN Code 27101229 contributes 0.53% of Sub-Chapter 2710 exports — ranked #11 Among the 65 HSN codes under Sub-Chapter 2710, HSN Code 27101229 ranks #11 by export value — accounting for 0.53% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.38% share (rank #3). ## Related HSN Codes in Sub-Chapter 2710 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 27101944: Residual Marine Fuel (IS 16731)](https://busy.in/hsn/hsn-27101944/) | ₹1,64,165 Cr | | #2 | [HSN Code 27101939: Kerosene Type Aviation Fuels](https://busy.in/hsn/hsn-27101939/) | ₹1,28,227 Cr | | #3 | [HSN Code 27101241: M15 Fuel (IS 17076) 1](https://busy.in/hsn/hsn-27101241/) | ₹88,679 Cr | | #4 | [HSN Code 27101290: Motor Gasoline (IS 2796)](https://busy.in/hsn/hsn-27101290/) | ₹42,658 Cr | | #5 | [HSN Code 27101949: Automotive Diesel (Non-Biodiesel, IS 1460)](https://busy.in/hsn/hsn-27101949/) | ₹39,180 Cr | | #6 | [HSN Code 27101221: Heavy Naphtha](https://busy.in/hsn/hsn-27101221/) | ₹29,287 Cr | | #7 | [HSN Code 27101961: Mineral Oil (Cosmetics, IS 7299)](https://busy.in/hsn/hsn-27101961/) | ₹7,177 Cr | | #8 | [HSN Code 27101953: Fuel oils, Grade MV 2](https://busy.in/hsn/hsn-27101953/) | ₹6,401 Cr | | #9 | [HSN Code 27101959: Fuel oils, Grade HV](https://busy.in/hsn/hsn-27101959/) | ₹6,061 Cr | | #10 | [HSN Code 27101990: Petroleum Oils, Non-Crude, Not Biodiesel](https://busy.in/hsn/hsn-27101990/) | ₹4,051 Cr | | #11 | HSN Code 27101229: Solvent 60/80 (IS 1745) (this hsn code) | ₹2,792 Cr |