2707 HSN Code: High-temperature coal tar products

HSN Sub Chapter 2707 represents High-temperature coal tar products under GST classification. This code helps businesses identify High-temperature coal tar products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2707, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of High-temperature coal tar products.

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New GST Rate for HSN Code 2707

GST Rate for High-temperature coal tar products under HSN Code 2707. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

27

HSN Code

2707

HSN Description

Oils and other products of the distillation of high temperature coal tar similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 2707

Following tariff HSN codes fall under High-temperature coal tar products.

Tariff HSN

27071000

Description

Benzol (benzene)

Tariff HSN

27072000

Description

Toluol (toluene)

Tariff HSN

27073000

Description

Xylol (xylenes)

Tariff HSN

27074000

Description

Naphthelene

Tariff HSN

27075000

Description

Other aromatic hydrocarbon mixtures of which 65% or more by volume (including losses) distils at 250OC by the ASTM D 86 method

Tariff HSN

27076000

Description

Oils and other products of the distillation of high temperature coal tar similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents phenols

Tariff HSN

27079100

Description

Other : Creosote oils

Tariff HSN

27079900

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 2707 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

₹18,089 Cr

+10.06% vs FY 2023-24

0.4884% of India’s total exports

India’s Imports

FY 2024-25

₹11,258 Cr

−3.29% vs FY 2023-24

0.1846% of India’s total imports

Trade Balance

FY 2024-25

₹6,831 Cr

Trade Surplus

Surplus rank #50 of 1233 subchapters

% of Chapter 27

FY 2024-25

3.20%

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

Import side: 0.61% of Chapter 27’s imports

Rank Within Chapter 27

FY 2024-25

#2 of 16

Position by export value among subchapters in Chapter 27

Import-side rank: #7 of 16

At a glance

26.41%

Export CAGR

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

#28

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+197.26%

Peak Growth Year

FY 2022-23 · strongest single-year move

3.20%

Contribution to Ch. 27

Share of Chapter 27 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2707

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 #94

Balance

+608.43

Exports

4,433.92 ₹ Cr

0.1932% share

— YoY

1.32% of Ch. 27

Imports

3,825.49 ₹ Cr

0.1065% share

— YoY

0.33% of Ch. 27

FY 2019-20 Exp. Rank #86

Balance

+1,655.91

Exports

4,673.84 ₹ Cr

0.2116% share

+5.41% YoY

1.55% of Ch. 27

Imports

3,017.93 ₹ Cr

0.0900% share

−21.11% YoY

0.28% of Ch. 27

FY 2020-21 Exp. Rank #163

Balance

−1,055.18

Exports

2,450.23 ₹ Cr

0.1139% share

−47.58% YoY

1.23% of Ch. 27

Imports

3,505.41 ₹ Cr

0.1203% share

+16.15% YoY

0.48% of Ch. 27

FY 2021-22 Exp. Rank #98

Balance

−2,422.98

Exports

5,711.55 ₹ Cr

0.1820% share

+133.10% YoY

1.10% of Ch. 27

Imports

8,134.53 ₹ Cr

0.1780% share

+132.06% YoY

0.56% of Ch. 27

FY 2022-23 Exp. Rank #27

Balance

+4,490.84

Exports

16,978.09 ₹ Cr

0.4689% share

+197.26% YoY

2.09% of Ch. 27

Imports

12,487.25 ₹ Cr

0.2172% share

+53.51% YoY

0.60% of Ch. 27

FY 2023-24 Exp. Rank #31

Balance

+4,794.85

Exports

16,435.68 ₹ Cr

0.4543% share

−3.19% YoY

2.27% of Ch. 27

Imports

11,640.83 ₹ Cr

0.2073% share

−6.78% YoY

0.64% of Ch. 27

FY 2024-25 Exp. Rank #28

Balance

+6,830.72

Exports

18,088.93 ₹ Cr

0.4884% share

+10.06% YoY

3.20% of Ch. 27

Imports

11,258.21 ₹ Cr

0.1846% share

−3.29% YoY

0.61% of Ch. 27

CAGR · 7-Year

Exports

26.41% /yr

Imports

19.71% /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 2707 Export-Import Analysis

Consistent Export Growth: 26.41% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2707 have grown at a compound annual rate of 26.41% over 7 fiscal years, rising from ₹4,433.92 Crore in FY 2018-19 to ₹18,088.93 Crore in FY 2024-25.

HSN Sub-Chapter 2707 Ranked #28 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2707 ranks #28 out of 1233 subchapters by total export value. Within Chapter 27, it ranks #2 of 16. By trade surplus, it ranks #50 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 2707 Exports

The strongest single-year export movement for HSN Sub-Chapter 2707 was recorded in FY 2022-23, when exports surged by 197.26% over the prior year.

India Maintains a Trade Surplus of ₹6,830.72 Crore in HSN Sub-Chapter 2707 Goods

In FY 2024-25, India's exports of ₹18,088.93 Cr exceeded imports of ₹11,258.21 Cr, resulting in a trade surplus of ₹6,830.72 Crore — ranking #50 of 1233 by surplus magnitude.

Import Growth of 19.71% CAGR Signals Rising Demand for High-temperature coal tar products

India's imports under HSN Sub-Chapter 2707 have grown at 19.71% CAGR, reaching ₹11,258.21 Crore in FY 2024-25.

HSN Sub-Chapter 2707 Contributes 3.20% of Chapter 27 Exports — Ranked #2

Among the 16 subchapters under Chapter 27, HSN Sub-Chapter 2707 ranks #2 by export value — accounting for 3.20% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.61% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 2707 and GST compliance.

What products are classified under HSN 2707

It includes High-temperature coal tar products

Does MRP, weight or pack size change GST treatment for High-temperature coal tar products?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

What misclassification mistakes happen with High-temperature coal tar products?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Any import/export nuance for High-temperature coal tar products?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

Does packaging or branding change how GST applies to High-temperature coal tar products?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If High-temperature coal tar products is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

Is the composition scheme suitable if I mainly trade High-temperature coal tar products?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

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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