2706 HSN Code: Coal Tar Distillates

HSN Sub Chapter 2706 represents Coal Tar Distillates under GST classification. This code helps businesses identify Coal Tar Distillates correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2706, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Coal Tar Distillates.

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New GST Rate for HSN Code 2706

GST Rate for Coal Tar Distillates under HSN Code 2706. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

27

HSN Code

2706

HSN Description

Tar distilled from coal, from lignite or from peat and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2706

Following tariff HSN codes fall under Coal Tar Distillates.

Tariff HSN

27060010

Description

Tar distilled from coal, from lignite or from peat and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars : Coal tar

Tariff HSN

27060090

Description

Tar distilled from coal, from lignite or from peat and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars : Other

India’s Trade Performance — HSN Sub-Chapter 2706 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

₹29 Cr

+36.87% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−31.63% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹26 Cr

Trade Surplus

Surplus rank #457 of 1233 subchapters

% of Chapter 27

FY 2024-25

0.01%

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

#11 of 16

Position by export value among subchapters in Chapter 27

Import-side rank: #15 of 16

At a glance

12.23%

Export CAGR

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

#966

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+83.79%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.01%

Contribution to Ch. 27

Share of Chapter 27 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2706

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 #979

Balance

+12.41

Exports

14.53 ₹ Cr

0.0006% share

— YoY

0.00% of Ch. 27

Imports

2.12 ₹ Cr

0.0001% share

— YoY

0.00% of Ch. 27

FY 2019-20 Exp. Rank #981

Balance

+12.25

Exports

13.39 ₹ Cr

0.0006% share

−7.85% YoY

0.00% of Ch. 27

Imports

1.14 ₹ Cr

0.0000% share

−46.23% YoY

0.00% of Ch. 27

FY 2020-21 Exp. Rank #918

Balance

+22.68

Exports

24.61 ₹ Cr

0.0011% share

+83.79% YoY

0.01% of Ch. 27

Imports

1.93 ₹ Cr

0.0001% share

+69.30% YoY

0.00% of Ch. 27

FY 2021-22 Exp. Rank #942

Balance

−187.38

Exports

26.61 ₹ Cr

0.0008% share

+8.13% YoY

0.01% of Ch. 27

Imports

213.99 ₹ Cr

0.0047% share

+10,987.56% YoY

0.01% of Ch. 27

FY 2022-23 Exp. Rank #990

Balance

+16.69

Exports

18.41 ₹ Cr

0.0005% share

−30.82% YoY

0.00% of Ch. 27

Imports

1.72 ₹ Cr

0.0000% share

−99.20% YoY

0.00% of Ch. 27

FY 2023-24 Exp. Rank #990

Balance

+16.91

Exports

21.21 ₹ Cr

0.0006% share

+15.21% YoY

0.00% of Ch. 27

Imports

4.30 ₹ Cr

0.0001% share

+150.00% YoY

0.00% of Ch. 27

FY 2024-25 Exp. Rank #966

Balance

+26.09

Exports

29.03 ₹ Cr

0.0008% share

+36.87% YoY

0.01% of Ch. 27

Imports

2.94 ₹ Cr

0.0000% share

−31.63% YoY

0.00% of Ch. 27

CAGR · 7-Year

Exports

12.23% /yr

Imports

5.60% /yr

Consistently Surplus
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 2706 Export-Import Analysis

Consistent Export Growth: 12.23% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2706 have grown at a compound annual rate of 12.23% over 7 fiscal years, rising from ₹14.53 Crore in FY 2018-19 to ₹29.03 Crore in FY 2024-25.

HSN Sub-Chapter 2706 Ranked #966 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2706 ranks #966 out of 1233 subchapters by total export value. Within Chapter 27, it ranks #11 of 16. By trade surplus, it ranks #457 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 2706 Exports

The strongest single-year export movement for HSN Sub-Chapter 2706 was recorded in FY 2020-21, when exports surged by 83.79% over the prior year.

India Maintains a Trade Surplus of ₹26.09 Crore in HSN Sub-Chapter 2706 Goods

In FY 2024-25, India's exports of ₹29.03 Cr exceeded imports of ₹2.94 Cr, resulting in a trade surplus of ₹26.09 Crore — ranking #457 of 1233 by surplus magnitude.

Import Growth of 5.60% CAGR Signals Stable Import Dependency for Coal Tar Distillates

India's imports under HSN Sub-Chapter 2706 have grown at 5.60% CAGR, reaching ₹2.94 Crore in FY 2024-25.

HSN Sub-Chapter 2706 Contributes 0.01% of Chapter 27 Exports — Ranked #11

Among the 16 subchapters under Chapter 27, HSN Sub-Chapter 2706 ranks #11 by export value — accounting for 0.01% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2706 and GST compliance.

What products are classified under HSN 2706

It includes Coal Tar Distillates

What are the e‑way bill and e‑invoice points while moving Coal Tar Distillates?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

Can reverse charge ever apply to transactions involving Coal Tar Distillates?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Coal Tar Distillates are forward charge. Check the current notifications for any special cases before deciding.

If I repair and return Coal Tar Distillates, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

Any special steps when selling Coal Tar Distillates 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.

What should my invoice and records include for Coal Tar Distillates?

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.

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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