2702 HSN Code: Lignite: Not Agglomerated

HSN Sub Chapter 2702 represents Lignite: Not Agglomerated under GST classification. This code helps businesses identify Lignite: Not Agglomerated correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2702, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Lignite: Not Agglomerated.

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New GST Rate for HSN Code 2702

GST Rate for Lignite: Not Agglomerated under HSN Code 2702. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

27

HSN Code

2702

HSN Description

Lignite, whether or not agglomerated, excluding jet

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2702

Following tariff HSN codes fall under Lignite: Not Agglomerated.

Tariff HSN

27021000

Description

Lignite, whether or not pulverised, but not agglomerated

Tariff HSN

27022000

Description

Agglomerated lignite

India’s Trade Performance — HSN Sub-Chapter 2702 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

₹2 Cr

−86.89% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

+147.93% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹2 Cr

Trade Deficit

Surplus rank #544 of 1233 subchapters

% of Chapter 27

FY 2024-25

0.00%

Share of Chapter 27’s total exports in FY 2024-25

Import side: 0.00% of Chapter 27’s imports

Rank Within Chapter 27

FY 2024-25

#13 of 16

Position by export value among subchapters in Chapter 27

Import-side rank: #14 of 16

At a glance

−35.70%

Export CAGR

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

#1122

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+51.88%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Ch. 27

Share of Chapter 27 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2702

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 #922

Balance

+24.65

Exports

25.47 ₹ Cr

0.0011% share

— YoY

0.01% of Ch. 27

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Ch. 27

FY 2019-20 Exp. Rank #898

Balance

+31.46

Exports

31.98 ₹ Cr

0.0014% share

+25.56% YoY

0.01% of Ch. 27

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−36.59% YoY

0.00% of Ch. 27

FY 2020-21 Exp. Rank #926

Balance

+22.90

Exports

23.47 ₹ Cr

0.0011% share

−26.61% YoY

0.01% of Ch. 27

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+9.62% YoY

0.00% of Ch. 27

FY 2021-22 Exp. Rank #971

Balance

+19.38

Exports

20.33 ₹ Cr

0.0006% share

−13.38% YoY

0.00% of Ch. 27

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+66.67% YoY

0.00% of Ch. 27

FY 2022-23 Exp. Rank #1040

Balance

+7.11

Exports

9.04 ₹ Cr

0.0002% share

−55.53% YoY

0.00% of Ch. 27

Imports

1.93 ₹ Cr

0.0000% share

+103.16% YoY

0.00% of Ch. 27

FY 2023-24 Exp. Rank #1021

Balance

+12.04

Exports

13.73 ₹ Cr

0.0004% share

+51.88% YoY

0.00% of Ch. 27

Imports

1.69 ₹ Cr

0.0000% share

−12.44% YoY

0.00% of Ch. 27

FY 2024-25 Exp. Rank #1122

Balance

−2.39

Exports

1.80 ₹ Cr

0.0000% share

−86.89% YoY

0.00% of Ch. 27

Imports

4.19 ₹ Cr

0.0001% share

+147.93% YoY

0.00% of Ch. 27

CAGR · 7-Year

Exports

−35.70% /yr

Imports

31.24% /yr

Consistently Deficit
Chapter 27 total

reference, FY 2024-25

Export

₹5,65,955.29 Cr

Import

₹18,46,145.01 Cr

Trade Balance

−12,80,189.72

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

Key Trade Insights: HSN Sub-Chapter 2702 Export-Import Analysis

Export Decline: −35.70% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2702 have declined at a compound annual rate of −35.70% over 7 fiscal years, falling from ₹25.47 Crore in FY 2018-19 to ₹1.80 Crore in FY 2024-25.

HSN Sub-Chapter 2702 Ranked #1122 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2702 ranks #1122 out of 1233 subchapters by total export value. Within Chapter 27, it ranks #13 of 16. By trade surplus, it ranks #544 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 2702 Exports

The strongest single-year export movement for HSN Sub-Chapter 2702 was recorded in FY 2023-24, when exports surged by 51.88% over the prior year.

India Records a Trade Deficit of ₹2.39 Crore in HSN Sub-Chapter 2702 Goods

In FY 2024-25, India's imports of ₹4.19 Cr exceeded exports of ₹1.80 Cr, resulting in a trade deficit of ₹2.39 Crore — ranking #544 of 1233 by surplus magnitude.

Import Growth of 31.24% CAGR Signals Rising Demand for Lignite: Not Agglomerated

India's imports under HSN Sub-Chapter 2702 have grown at 31.24% CAGR, reaching ₹4.19 Crore in FY 2024-25.

HSN Sub-Chapter 2702 Contributes 0.00% of Chapter 27 Exports — Ranked #13

Among the 16 subchapters under Chapter 27, HSN Sub-Chapter 2702 ranks #13 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #14).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2702 and GST compliance.

What products are classified under HSN 2702

It includes Lignite: Not Agglomerated

How are warranty replacements of Lignite: Not Agglomerated handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

Can I claim ITC on inputs and services used for Lignite: Not Agglomerated?

If your outward supply of Lignite: Not Agglomerated is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Do spares or accessories of Lignite: Not Agglomerated follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

How should I document Lignite: Not Agglomerated sent for job work?

Use a delivery challan for sending Lignite: Not Agglomerated to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

What should my invoice and records include for Lignite: Not Agglomerated?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

Any special steps when selling Lignite: Not Agglomerated through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

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.

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