HSN Code 27149090: Natural Bitumen & Asphalt | Other

HSN Code 27149090 represents Natural Bitumen & Asphalt | Other under GST classification. This code helps businesses identify Natural Bitumen & Asphalt | Other correctly for billing, taxation, and trade. With HSN Code 27149090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Natural Bitumen & Asphalt | Other.

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Description of Goods for HSN Code 27149090

HSN Code 27149090 relates to the following description.

Description of Goods

Other : Other

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 27149090 not include?

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

India’s Trade Performance — HSN Code 27149090 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

₹11 Cr

+915.09% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹15 Cr

+65.06% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8487 of 12657 HSN codes

% of Sub-Chapter 2714

FY 2024-25

44.39%

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

Import side: 28.24% of Sub-Chapter 2714’s imports

Rank Within Sub-Chapter 2714

FY 2024-25

#2 of 5

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

Import-side rank: #2 of 5

At a glance

32.04%

Export CAGR

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

#5710

National Export Rank

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

+915.09%

Peak Growth Year

FY 2024-25 · strongest single-year move

44.39%

Contribution to Sub-Ch. 2714

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

India Export-Import Trade Statistics for HSN Code 27149090

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 #6933

Balance

−4.04

Exports

2.03 ₹ Cr

0.0001% share

YoY

42.83% of Sub-Ch. 2714

Imports

6.07 ₹ Cr

0.0002% share

YoY

22.85% of Sub-Ch. 2714

FY 2019-20 Exp. Rank #7842

Balance

−5.68

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−62.07% YoY

17.66% of Sub-Ch. 2714

Imports

6.45 ₹ Cr

0.0002% share

+6.26% YoY

36.77% of Sub-Ch. 2714

FY 2020-21 Exp. Rank #6770

Balance

−4.14

Exports

2.40 ₹ Cr

0.0001% share

+211.69% YoY

18.38% of Sub-Ch. 2714

Imports

6.54 ₹ Cr

0.0002% share

+1.40% YoY

32.31% of Sub-Ch. 2714

FY 2021-22 Exp. Rank #7405

Balance

−0.64

Exports

1.86 ₹ Cr

0.0001% share

−22.50% YoY

7.14% of Sub-Ch. 2714

Imports

2.50 ₹ Cr

0.0001% share

−61.77% YoY

11.22% of Sub-Ch. 2714

FY 2022-23 Exp. Rank #8780

Balance

−7.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−76.34% YoY

2.78% of Sub-Ch. 2714

Imports

7.81 ₹ Cr

0.0001% share

+212.40% YoY

28.68% of Sub-Ch. 2714

FY 2023-24 Exp. Rank #8198

Balance

−7.84

Exports

1.06 ₹ Cr

0.0000% share

+140.91% YoY

4.35% of Sub-Ch. 2714

Imports

8.90 ₹ Cr

0.0002% share

+13.96% YoY

23.73% of Sub-Ch. 2714

FY 2024-25 Exp. Rank #5710

Balance

−3.93

Exports

10.76 ₹ Cr

0.0003% share

+915.09% YoY

44.39% of Sub-Ch. 2714

Imports

14.69 ₹ Cr

0.0002% share

+65.06% YoY

28.24% of Sub-Ch. 2714

CAGR · 7-Year

Exports

32.04% /yr

Imports

15.87% /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 27149090 Export-Import Analysis

Consistent Export Growth: 32.04% CAGR Over 7 Years

India's exports under HSN Code 27149090 have grown at a compound annual rate of 32.04% over 7 fiscal years, rising from ₹2.03 Crore in FY 2018-19 to ₹10.76 Crore in FY 2024-25.

HSN Code 27149090 Ranked #5710 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 27149090 ranks #5710 out of 12657 HSN codes by total export value. Within Sub-Chapter 2714, it ranks #2 of 5. By trade surplus, it ranks #8487 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 27149090 Exports

The strongest single-year export movement for HSN Code 27149090 was recorded in FY 2024-25, when exports surged by 915.09% over the prior year.

India Records a Trade Deficit of ₹3.93 Crore in HSN Code 27149090 Goods

In FY 2024-25, India's imports of ₹14.69 Cr exceeded exports of ₹10.76 Cr, resulting in a trade deficit of ₹3.93 Crore — ranking #8487 of 12657 by surplus magnitude.

Import Growth of 15.87% CAGR Signals Rising Demand for Natural Bitumen & Asphalt | Other

India's imports under HSN Code 27149090 have grown at 15.87% CAGR, reaching ₹14.69 Crore in FY 2024-25.

HSN Code 27149090 Contributes 44.39% of Sub-Chapter 2714 Exports — Ranked #2

Among the 5 HSN codes under Sub-Chapter 2714, HSN Code 27149090 ranks #2 by export value — accounting for 44.39% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 28.24% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 27149090 and GST compliance.

What products are classified under HSN 27149090 ?

It includes Natural Bitumen & Asphalt | Other

How should mixed supplies be billed when Natural Bitumen & Asphalt / Other is sold with other items?

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

How much GST applies to Natural Bitumen & Asphalt / Other?

Under HSN 27149090, Natural Bitumen & Asphalt / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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

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.

Do e‑way bill and e‑invoice apply for Natural Bitumen & Asphalt / Other?

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.

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.