--- title: "HSN Code for Aviation Gasoline (IS 1604) | HSN 27101242 GST Rate" description: "Find HSN and GST Rates for 27101242 related to Aviation Gasoline (IS 1604) with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27101242/" --- # HSN Code 27101242: Aviation Gasoline (IS 1604) - [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 : Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076: E 20 fuel conforming to standard IS 17021 | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27101242 ? It includes Aviation Gasoline (IS 1604) ### Any common misclassification issue with Aviation Gasoline (IS 1604)? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Aviation Gasoline (IS 1604)? Under HSN 27101242, Aviation Gasoline (IS 1604) attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Aviation Gasoline (IS 1604) is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Aviation Gasoline (IS 1604); Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Aviation Gasoline (IS 1604)? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Aviation Gasoline (IS 1604)? 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 27101242 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+22.50% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7688 of 12657 HSN codes - Share of Sub-Chapter 2710: 0.00% of its exports; import side 0.00% ### Key metrics - Peak growth year: −100.00% in FY 2022-23 - Contribution to Sub-Ch. 2710: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27101242 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 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | +0.08 | #9630 | | FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2023-24 | < ₹1 Crore | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.00% | −0.16 | #9327 | | FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +22.50% | 0.00% | −0.49 | — | ## Key trade insights: HSN Code 27101242 export-import analysis ### Export snapshot for HSN Code 27101242 India exported ₹0.00 Crore worth of Aviation Gasoline (IS 1604) in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2022-23 was the strongest growth year for HSN Code 27101242 exports The strongest single-year export movement for HSN Code 27101242 was recorded in FY 2022-23, when exports declined by 100.00% over the prior year. ### India records a trade deficit of ₹0.49 Crore in HSN Code 27101242 goods In FY 2024-25, India's imports of ₹0.49 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.49 Crore — ranking #7688 of 12657 by surplus magnitude. ## 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 | | — | HSN Code 27101242: Aviation Gasoline (IS 1604) (this hsn code) | Nil |