HSN Code 27132000: Petroleum Bitumen

HSN Code 27132000 represents Petroleum Bitumen under GST classification. This code helps businesses identify Petroleum Bitumen correctly for billing, taxation, and trade. With HSN Code 27132000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Petroleum Bitumen.

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Description of Goods for HSN Code 27132000

HSN Code 27132000 relates to the following description.

Description of Goods

Petroleum bitumen

Chapter

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

Sub Chapter

2713 - Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 27132000 not include?

Petroleum Bitumen does not include products with the following descriptions.

HSN Code 27131100

Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals - petroleum coke: not calcined

HSN Code 27131110

Petroleum coke : Not calcined: Calcined petroleum coke for anode making in aluminium industry conforming to standard IS 17049

HSN Code 27131200

Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals - petroleum coke: calcined

HSN Code 27131210

Petroleum coke : Calcined: Calcined petroleum coke for anode making in aluminium industry conforming to standard IS 17049

HSN Code 27139000

Other residues of petroleum oils or of oils obtained from bituminous minerals

India’s Trade Performance — HSN Code 27132000 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

₹574 Cr

−9.57% vs FY 2023-24

0.0156% of India’s total exports

India’s Imports

FY 2024-25

₹9,416 Cr

−11.07% vs FY 2023-24

0.1550% of India’s total imports

Trade Balance

FY 2024-25

−₹8,842 Cr

Trade Deficit

Surplus rank #12602 of 12657 HSN codes

% of Sub-Chapter 2713

FY 2024-25

25.25%

Share of Sub-Chapter 2713’s total exports in FY 2024-25

Import side: 34.06% of Sub-Chapter 2713’s imports

Rank Within Sub-Chapter 2713

FY 2024-25

#2 of 8

Position by export value among HSN codes in Sub-Chapter 2713

Import-side rank: #2 of 8

At a glance

8.37%

Export CAGR

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

#892

National Export Rank

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

+47.59%

Peak Growth Year

FY 2023-24 · strongest single-year move

25.25%

Contribution to Sub-Ch. 2713

Share of Sub-Chapter 2713 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 27132000

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 #871

Balance

−1,794.62

Exports

354.74 ₹ Cr

0.0155% share

— YoY

22.46% of Sub-Ch. 2713

Imports

2,149.36 ₹ Cr

0.0600% share

— YoY

13.09% of Sub-Ch. 2713

FY 2019-20 Exp. Rank #733

Balance

−3,209.48

Exports

436.03 ₹ Cr

0.0198% share

+22.92% YoY

39.20% of Sub-Ch. 2713

Imports

3,645.51 ₹ Cr

0.1089% share

+69.61% YoY

22.08% of Sub-Ch. 2713

FY 2020-21 Exp. Rank #831

Balance

−3,884.90

Exports

391.42 ₹ Cr

0.0182% share

−10.23% YoY

39.05% of Sub-Ch. 2713

Imports

4,276.32 ₹ Cr

0.1468% share

+17.30% YoY

34.41% of Sub-Ch. 2713

FY 2021-22 Exp. Rank #866

Balance

−7,445.43

Exports

501.75 ₹ Cr

0.0160% share

+28.19% YoY

31.89% of Sub-Ch. 2713

Imports

7,947.18 ₹ Cr

0.1739% share

+85.84% YoY

38.26% of Sub-Ch. 2713

FY 2022-23 Exp. Rank #1040

Balance

−9,541.22

Exports

430.44 ₹ Cr

0.0119% share

−14.21% YoY

17.64% of Sub-Ch. 2713

Imports

9,971.66 ₹ Cr

0.1734% share

+25.47% YoY

29.00% of Sub-Ch. 2713

FY 2023-24 Exp. Rank #777

Balance

−9,952.82

Exports

635.28 ₹ Cr

0.0176% share

+47.59% YoY

30.13% of Sub-Ch. 2713

Imports

10,588.10 ₹ Cr

0.1885% share

+6.18% YoY

36.51% of Sub-Ch. 2713

FY 2024-25 Exp. Rank #892

Balance

−8,841.87

Exports

574.49 ₹ Cr

0.0156% share

−9.57% YoY

25.25% of Sub-Ch. 2713

Imports

9,416.36 ₹ Cr

0.1550% share

−11.07% YoY

34.06% of Sub-Ch. 2713

CAGR · 7-Year

Exports

8.37% /yr

Imports

27.92% /yr

Consistently Deficit
Sub-Chapter 2713 total

reference, FY 2024-25

Export

₹2,274.83 Cr

Import

₹27,643.85 Cr

Trade Balance

−25,369.02

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

Key Trade Insights: HSN Code 27132000 Export-Import Analysis

Consistent Export Growth: 8.37% CAGR Over 7 Years

India's exports under HSN Code 27132000 have grown at a compound annual rate of 8.37% over 7 fiscal years, rising from ₹354.74 Crore in FY 2018-19 to ₹574.49 Crore in FY 2024-25.

HSN Code 27132000 Ranked #892 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 27132000 ranks #892 out of 12657 HSN codes by total export value. Within Sub-Chapter 2713, it ranks #2 of 8. By trade surplus, it ranks #12602 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 27132000 Exports

The strongest single-year export movement for HSN Code 27132000 was recorded in FY 2023-24, when exports surged by 47.59% over the prior year.

India Records a Trade Deficit of ₹8,841.87 Crore in HSN Code 27132000 Goods

In FY 2024-25, India's imports of ₹9,416.36 Cr exceeded exports of ₹574.49 Cr, resulting in a trade deficit of ₹8,841.87 Crore — ranking #12602 of 12657 by surplus magnitude.

Import Growth of 27.92% CAGR Signals Rising Demand for Petroleum Bitumen

India's imports under HSN Code 27132000 have grown at 27.92% CAGR, reaching ₹9,416.36 Crore in FY 2024-25.

HSN Code 27132000 Contributes 25.25% of Sub-Chapter 2713 Exports — Ranked #2

Among the 8 HSN codes under Sub-Chapter 2713, HSN Code 27132000 ranks #2 by export value — accounting for 25.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 34.06% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 27132000 and GST compliance.

What products are classified under HSN 27132000 ?

It includes Petroleum Bitumen

Do e‑way bill and e‑invoice apply for Petroleum Bitumen?

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.

How should mixed supplies be billed when Petroleum Bitumen is sold with other items?

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

Any common misclassification issue with Petroleum Bitumen?

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 Petroleum Bitumen?

Under HSN 27132000, Petroleum Bitumen attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Petroleum Bitumen?

If your outward supply is taxable, 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 Petroleum Bitumen?

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.

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.