HSN Code 27149010: Other | Asphalt, Natural

HSN Code 27149010 represents Other | Asphalt, Natural under GST classification. This code helps businesses identify Other | Asphalt, Natural correctly for billing, taxation, and trade. With HSN Code 27149010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Asphalt, Natural.

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Description of Goods for HSN Code 27149010

HSN Code 27149010 relates to the following description.

Description of Goods

Other : Asphalt, natural

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

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 27149010 not include?

Other | Asphalt, Natural does not include products with the following descriptions.

India’s Trade Performance — HSN Code 27149010 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

₹12 Cr

−45.96% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹24 Cr

+132.69% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9224 of 12657 HSN codes

% of Sub-Chapter 2714

FY 2024-25

48.27%

Share of Sub-Chapter 2714’s total exports in FY 2024-25

Import side: 46.66% of Sub-Chapter 2714’s imports

Rank Within Sub-Chapter 2714

FY 2024-25

#1 of 5

Position by export value among HSN codes in Sub-Chapter 2714

Import-side rank: #1 of 5

At a glance

67.49%

Export CAGR

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

#5604

National Export Rank

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

+294.34%

Peak Growth Year

FY 2019-20 · strongest single-year move

48.27%

Contribution to Sub-Ch. 2714

Share of Sub-Chapter 2714 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 27149010

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 #8136

Balance

−11.77

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

11.18% of Sub-Ch. 2714

Imports

12.30 ₹ Cr

0.0003% share

YoY

46.29% of Sub-Ch. 2714

FY 2019-20 Exp. Rank #6881

Balance

−4.86

Exports

2.09 ₹ Cr

0.0001% share

+294.34% YoY

47.94% of Sub-Ch. 2714

Imports

6.95 ₹ Cr

0.0002% share

−43.50% YoY

39.62% of Sub-Ch. 2714

FY 2020-21 Exp. Rank #5628

Balance

−1.18

Exports

6.39 ₹ Cr

0.0003% share

+205.74% YoY

48.93% of Sub-Ch. 2714

Imports

7.57 ₹ Cr

0.0003% share

+8.92% YoY

37.40% of Sub-Ch. 2714

FY 2021-22 Exp. Rank #5026

Balance

+6.99

Exports

14.29 ₹ Cr

0.0005% share

+123.63% YoY

54.84% of Sub-Ch. 2714

Imports

7.30 ₹ Cr

0.0002% share

−3.57% YoY

32.75% of Sub-Ch. 2714

FY 2022-23 Exp. Rank #5546

Balance

+3.92

Exports

10.67 ₹ Cr

0.0003% share

−25.33% YoY

67.40% of Sub-Ch. 2714

Imports

6.75 ₹ Cr

0.0001% share

−7.53% YoY

24.79% of Sub-Ch. 2714

FY 2023-24 Exp. Rank #4666

Balance

+11.22

Exports

21.65 ₹ Cr

0.0006% share

+102.91% YoY

88.91% of Sub-Ch. 2714

Imports

10.43 ₹ Cr

0.0002% share

+54.52% YoY

27.81% of Sub-Ch. 2714

FY 2024-25 Exp. Rank #5604

Balance

−12.57

Exports

11.70 ₹ Cr

0.0003% share

−45.96% YoY

48.27% of Sub-Ch. 2714

Imports

24.27 ₹ Cr

0.0004% share

+132.69% YoY

46.66% of Sub-Ch. 2714

CAGR · 7-Year

Exports

67.49% /yr

Imports

11.99% /yr

Consistently Deficit
Sub-Chapter 2714 total

reference, FY 2024-25

Export

₹24.24 Cr

Import

₹52.02 Cr

Trade Balance

−27.78

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

Key Trade Insights: HSN Code 27149010 Export-Import Analysis

Consistent Export Growth: 67.49% CAGR Over 7 Years

India's exports under HSN Code 27149010 have grown at a compound annual rate of 67.49% over 7 fiscal years, rising from ₹0.53 Crore in FY 2018-19 to ₹11.70 Crore in FY 2024-25.

HSN Code 27149010 Ranked #5604 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 27149010 ranks #5604 out of 12657 HSN codes by total export value. Within Sub-Chapter 2714, it ranks #1 of 5. By trade surplus, it ranks #9224 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 27149010 Exports

The strongest single-year export movement for HSN Code 27149010 was recorded in FY 2019-20, when exports surged by 294.34% over the prior year.

India Records a Trade Deficit of ₹12.57 Crore in HSN Code 27149010 Goods

In FY 2024-25, India's imports of ₹24.27 Cr exceeded exports of ₹11.70 Cr, resulting in a trade deficit of ₹12.57 Crore — ranking #9224 of 12657 by surplus magnitude.

Import Growth of 11.99% CAGR Signals Rising Demand for Other | Asphalt, Natural

India's imports under HSN Code 27149010 have grown at 11.99% CAGR, reaching ₹24.27 Crore in FY 2024-25.

HSN Code 27149010 Contributes 48.27% of Sub-Chapter 2714 Exports — Ranked #1

Among the 5 HSN codes under Sub-Chapter 2714, HSN Code 27149010 ranks #1 by export value — accounting for 48.27% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 46.66% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 27149010 and GST compliance.

What products are classified under HSN 27149010 ?

It includes Other | Asphalt, Natural

Does packaging or labelling change the GST for Other / Asphalt, Natural?

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 Other / Asphalt, Natural?

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 Other / Asphalt, Natural?

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 much GST applies to Other / Asphalt, Natural?

Under HSN 27149010, Other / Asphalt, Natural attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other / Asphalt, Natural?

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 Other / Asphalt, Natural is sold with other items?

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

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.