HSN Code 27149020 represents Other | Bitumen, Natural under GST classification. This code helps businesses identify Other | Bitumen, Natural correctly for billing, taxation, and trade. With HSN Code 27149020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Bitumen, Natural.
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HSN Code 27149020 relates to the following description.
Description of Goods
Other : Bitumen, 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%
Other | Bitumen, Natural does not include products with the following descriptions.
Bituminous or oil shale and tar sands
Other : Asphalt, natural
Other : Gilsonete
Other : Other
India’s Exports
FY 2024-25₹2 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹5 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25−₹4 Cr
Surplus rank #8437 of 12657 HSN codes
% of Sub-Chapter 2714
FY 2024-256.64%
Share of Sub-Chapter 2714’s total exports in FY 2024-25
Import side: 9.94% of Sub-Chapter 2714’s imports
Rank Within Sub-Chapter 2714
FY 2024-25#3 of 5
Position by export value among HSN codes in Sub-Chapter 2714
Import-side rank: #4 of 5
At a glance
−4.85%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7796
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+182.98%
Peak Growth Year
FY 2020-21 · strongest single-year move
6.64%
Contribution to Sub-Ch. 2714
Share of Sub-Chapter 2714 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.98
Exports
2.17 ₹ Cr
0.0001% share
— YoY
45.78% of Sub-Ch. 2714
Imports
3.15 ₹ Cr
0.0001% share
— YoY
11.86% of Sub-Ch. 2714
Balance
−0.12
Exports
1.41 ₹ Cr
0.0001% share
−35.02% YoY
32.34% of Sub-Ch. 2714
Imports
1.53 ₹ Cr
0.0000% share
−51.43% YoY
8.72% of Sub-Ch. 2714
Balance
+0.59
Exports
3.99 ₹ Cr
0.0002% share
+182.98% YoY
30.55% of Sub-Ch. 2714
Imports
3.40 ₹ Cr
0.0001% share
+122.22% YoY
16.80% of Sub-Ch. 2714
Balance
+4.33
Exports
8.76 ₹ Cr
0.0003% share
+119.55% YoY
33.61% of Sub-Ch. 2714
Imports
4.43 ₹ Cr
0.0001% share
+30.29% YoY
19.87% of Sub-Ch. 2714
Balance
+0.39
Exports
4.72 ₹ Cr
0.0001% share
−46.12% YoY
29.82% of Sub-Ch. 2714
Imports
4.33 ₹ Cr
0.0001% share
−2.26% YoY
15.90% of Sub-Ch. 2714
Balance
−6.39
Exports
1.63 ₹ Cr
0.0000% share
−65.47% YoY
6.69% of Sub-Ch. 2714
Imports
8.02 ₹ Cr
0.0001% share
+85.22% YoY
21.39% of Sub-Ch. 2714
Balance
−3.56
Exports
1.61 ₹ Cr
0.0000% share
−1.23% YoY
6.64% of Sub-Ch. 2714
Imports
5.17 ₹ Cr
0.0001% share
−35.54% YoY
9.94% of Sub-Ch. 2714
CAGR · 7-Year
Exports
−4.85% /yr
Imports
8.61% /yr
India's exports under HSN Code 27149020 have declined at a compound annual rate of −4.85% over 7 fiscal years, falling from ₹2.17 Crore in FY 2018-19 to ₹1.61 Crore in FY 2024-25.
In FY 2024-25, HSN Code 27149020 ranks #7796 out of 12657 HSN codes by total export value. Within Sub-Chapter 2714, it ranks #3 of 5. By trade surplus, it ranks #8437 of 12657.
The strongest single-year export movement for HSN Code 27149020 was recorded in FY 2020-21, when exports surged by 182.98% over the prior year.
In FY 2024-25, India's imports of ₹5.17 Cr exceeded exports of ₹1.61 Cr, resulting in a trade deficit of ₹3.56 Crore — ranking #8437 of 12657 by surplus magnitude.
India's imports under HSN Code 27149020 have grown at 8.61% CAGR, reaching ₹5.17 Crore in FY 2024-25.
Among the 5 HSN codes under Sub-Chapter 2714, HSN Code 27149020 ranks #3 by export value — accounting for 6.64% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.94% share (rank #4).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 27149020 and GST compliance.
It includes Other | Bitumen, Natural
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 / Bitumen, Natural; Nil for exempt items if applicable).
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.
Under HSN 27149020, Other / Bitumen, Natural attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.