What products are classified under HSN 27141000 ?
It includes Oil Shale and Tar Sands
HSN Code 27141000 represents Oil Shale and Tar Sands under GST classification. This code helps businesses identify Oil Shale and Tar Sands correctly for billing, taxation, and trade. With HSN Code 27141000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Oil Shale and Tar Sands.
HSN Code 27141000 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 27 | Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 2714 | Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks | Bituminous or oil shale and tar sands | 9% | 9% | 18% | 0% |
Description of goods
Bituminous or oil shale and tar sands
Chapter
27 – Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
Sub Chapter
2714 – Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks
Oil Shale and Tar Sands does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Other : Asphalt, natural | |
| Other : Bitumen, natural | |
| Other : Gilsonete | |
| Other : Other |
Other : Asphalt, natural
Other : Bitumen, natural
Other : Gilsonete
Other : Other
It includes Oil Shale and Tar Sands
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 27141000, Oil Shale and Tar Sands attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.