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HSN Code 27149030: Gilsonete

HSN Code 27149030 represents Gilsonete under GST classification. This code helps businesses identify Gilsonete correctly for billing, taxation, and trade. With HSN Code 27149030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Gilsonete.

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Description of Goods for HSN Code 27149030

HSN Code 27149030 relates to the following description.

Description of Goods

Other : Gilsonete

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 27149030 not include?

Gilsonete does not include products with the following descriptions.

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India’s Trade Performance — HSN Code 27149030 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

< ₹1 Crore

−76.47% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹2 Cr

−77.89% vs FY 2024-25

0.0000% of India’s total imports

Trade Balance

FY 2025-26

−₹2 Cr

Trade Deficit

Surplus rank #8212 of 12872 HSN codes

% of Sub-Chapter 2714

FY 2025-26

0.12%

Share of Sub-Chapter 2714’s total exports in FY 2025-26

Import side: 5.77% of Sub-Chapter 2714’s imports

Rank Within Sub-Chapter 2714

FY 2025-26

#4 of 5

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

Import-side rank: #4 of 5

At a glance

#10210

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

−76.47%

Peak Growth Year

FY 2025-26 · strongest single-year move

0.12%

Contribution to Sub-Ch. 2714

Share of Sub-Chapter 2714 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 27149030

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

−4.93

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2714

Imports

4.93 ₹ Cr

0.0001% share

— YoY

18.55% of Sub-Ch. 2714

FY 2019-20

Balance

−2.53

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2714

Imports

2.53 ₹ Cr

0.0001% share

−48.68% YoY

14.42% of Sub-Ch. 2714

FY 2020-21 Exp. Rank #8869

Balance

−2.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

1.53% of Sub-Ch. 2714

Imports

2.67 ₹ Cr

0.0001% share

+5.53% YoY

13.19% of Sub-Ch. 2714

FY 2021-22 Exp. Rank #10198

Balance

−7.95

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.00% YoY

0.04% of Sub-Ch. 2714

Imports

7.96 ₹ Cr

0.0002% share

+198.13% YoY

35.71% of Sub-Ch. 2714

FY 2022-23

Balance

−8.24

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2714

Imports

8.24 ₹ Cr

0.0001% share

+3.52% YoY

30.26% of Sub-Ch. 2714

FY 2023-24

Balance

−10.12

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2714

Imports

10.12 ₹ Cr

0.0002% share

+22.82% YoY

26.99% of Sub-Ch. 2714

FY 2024-25 Exp. Rank #9502

Balance

−7.70

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.70% of Sub-Ch. 2714

Imports

7.87 ₹ Cr

0.0001% share

−22.23% YoY

15.13% of Sub-Ch. 2714

FY 2025-26 Exp. Rank #10210

Balance

−1.70

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−76.47% YoY

0.12% of Sub-Ch. 2714

Imports

1.74 ₹ Cr

0.0000% share

−77.89% YoY

5.77% of Sub-Ch. 2714

CAGR · 8-Year

Exports

—

Imports

−13.82% /yr

Consistently Deficit
Sub-Chapter 2714 total

reference, FY 2025-26

Export

₹33.78 Cr

Import

₹30.14 Cr

Trade Balance

+3.64

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

Key Trade Insights: HSN Code 27149030 Export-Import Analysis

Export Snapshot for HSN Code 27149030

India exported ₹0.04 Crore worth of Gilsonete in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

HSN Code 27149030 Ranked #10210 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 27149030 ranks #10210 out of 12872 HSN codes by total export value. Within Sub-Chapter 2714, it ranks #4 of 5. By trade surplus, it ranks #8212 of 12872.

FY 2025-26 Was the Strongest Growth Year for HSN Code 27149030 Exports

The strongest single-year export movement for HSN Code 27149030 was recorded in FY 2025-26, when exports declined by 76.47% over the prior year.

India Records a Trade Deficit of ₹1.70 Crore in HSN Code 27149030 Goods

In FY 2025-26, India's imports of ₹1.74 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹1.70 Crore — ranking #8212 of 12872 by surplus magnitude.

Import Growth of −13.82% CAGR Signals Stable Import Dependency for Gilsonete

India's imports under HSN Code 27149030 have grown at −13.82% CAGR, reaching ₹1.74 Crore in FY 2025-26.

HSN Code 27149030 Contributes 0.12% of Sub-Chapter 2714 Exports — Ranked #4

Among the 5 HSN codes under Sub-Chapter 2714, HSN Code 27149030 ranks #4 by export value — accounting for 0.12% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 5.77% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 27149030 and GST compliance.

What products are classified under HSN 27149030 ?

It includes Gilsonete

How much GST applies to Other / Gilsonete?

Under HSN 27149030, Other / Gilsonete attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Other / Gilsonete?

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.

Does packaging or labelling change the GST for Other / Gilsonete?

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.

How should mixed supplies be billed when Other / Gilsonete is sold with other items?

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

Any common misclassification issue with Other / Gilsonete?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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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.