HSN Code 27149010 represents Natural Asphalt under GST classification. This code helps businesses identify Natural Asphalt 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 Natural Asphalt.
Manage correct HSN codes and GST rates with BUSY.
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%
Natural Asphalt does not include products with the following descriptions.
Bituminous or oil shale and tar sands
Other : Bitumen, natural
Other : Gilsonete
Other : Other
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹17 Cr
0.0004% of India’s total exports
India’s Imports
FY 2025-26₹16 Cr
0.0002% of India’s total imports
Trade Balance
FY 2025-26< ₹1 Crore
Surplus rank #5016 of 12872 HSN codes
% of Sub-Chapter 2714
FY 2025-2649.73%
Share of Sub-Chapter 2714’s total exports in FY 2025-26
Import side: 54.65% of Sub-Chapter 2714’s imports
Rank Within Sub-Chapter 2714
FY 2025-26#1 of 5
Position by export value among HSN codes in Sub-Chapter 2714
Import-side rank: #1 of 5
At a glance
63.85%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#5289
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+294.34%
Peak Growth Year
FY 2019-20 · strongest single-year move
49.73%
Contribution to Sub-Ch. 2714
Share of Sub-Chapter 2714 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
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
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
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
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
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
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
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
Balance
+0.33
Exports
16.80 ₹ Cr
0.0004% share
+43.59% YoY
49.73% of Sub-Ch. 2714
Imports
16.47 ₹ Cr
0.0002% share
−32.14% YoY
54.65% of Sub-Ch. 2714
CAGR · 8-Year
Exports
63.85% /yr
Imports
4.26% /yr
India's exports under HSN Code 27149010 have grown at a compound annual rate of 63.85% over 8 fiscal years, rising from ₹0.53 Crore in FY 2018-19 to ₹16.80 Crore in FY 2025-26.
In FY 2025-26, HSN Code 27149010 ranks #5289 out of 12872 HSN codes by total export value. Within Sub-Chapter 2714, it ranks #1 of 5. By trade surplus, it ranks #5016 of 12872.
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.
In FY 2025-26, India's exports of ₹16.80 Cr exceeded imports of ₹16.47 Cr, resulting in a trade surplus of ₹0.33 Crore — ranking #5016 of 12872 by surplus magnitude.
India's imports under HSN Code 27149010 have grown at 4.26% CAGR, reaching ₹16.47 Crore in FY 2025-26.
Among the 5 HSN codes under Sub-Chapter 2714, HSN Code 27149010 ranks #1 by export value — accounting for 49.73% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 54.65% share (rank #1).
Clear answers to common queries about HSN Code 27149010 and GST compliance.
It includes Natural Asphalt
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Under HSN 27149010, Other / Asphalt, Natural attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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).