--- title: "2709 HSN Code | HSN Code for Crude petroleum oils in India" description: "Know more about 2709 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 2709 covering Crude petroleum oils." canonical: "https://busy.in/hsn/sub-chapter-2709/" --- # HSN Sub-chapter 2709: Crude petroleum oils Petroleum oils and oils obtained from bituminous minerals, crude Part of [Chapter 27: Bituminous Substances, Mineral fuel & Oils](https://busy.in/hsn/chapter-27/). - Current GST rate: 5% - Earlier GST rate: 5% ## HSN codes | Code | Title | | --- | --- | | 27090000 | [Petroleum oils and oils obtained from bituminous minerals](https://busy.in/hsn/hsn-27090000/) | | 27090010 | [Petroleum Crude](https://busy.in/hsn/hsn-27090010/) | | 27090090 | [Crude Petroleum Oils & Oils from Bituminous Minerals](https://busy.in/hsn/hsn-27090090/) | | 27091000 | [Petroleum crude](https://busy.in/hsn/hsn-27091000/) | | 27092000 | [Motor Spirit: Special Boiling Pt. 55-115C](https://busy.in/hsn/hsn-27092000/) | ## Frequently asked questions ### What products are classified under HSN 2709 It includes Crude petroleum oils ### What misclassification mistakes happen with Crude petroleum oils? 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. ### How should I document Crude petroleum oils sent for job work? Use a delivery challan for sending Crude petroleum oils 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 are the e‑way bill and e‑invoice points while moving Crude petroleum oils? 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. ### Any import/export nuance for Crude petroleum oils? 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. ### Is the composition scheme suitable if I mainly trade Crude petroleum oils? 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. ## India's trade performance: HSN Sub-Chapter 2709 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Imports: ₹12,09,163 Cr (+4.82% YoY) — 19.8285% of India's total imports ## India export-import trade statistics: HSN Sub-Chapter 2709 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 27 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | — | — | — | 7,98,158.32 | 22.2266% | — | 67.94% | — | — | | FY 2019-20 | — | — | — | 7,28,112.25 | 21.7045% | −8.78% | 66.89% | — | — | | FY 2020-21 | — | — | — | 4,39,656.16 | 15.0883% | −39.62% | 59.62% | — | — | | FY 2021-22 | — | — | — | 9,13,916.80 | 19.9956% | +107.87% | 62.83% | — | — | | FY 2022-23 | — | — | — | 13,02,707.16 | 22.6572% | +42.54% | 62.21% | — | — | | FY 2023-24 | — | — | — | 11,53,530.01 | 20.5406% | −11.45% | 63.59% | — | — | | FY 2024-25 | — | — | — | 12,09,162.60 | 19.8285% | +4.82% | 65.50% | — | — | - CAGR (7-year): exports —/yr, imports 7.17%/yr ## Key trade insights: HSN Sub-Chapter 2709 export-import analysis ### Import growth of 7.17% CAGR signals stable import dependency for Crude petroleum oils India's imports under HSN Sub-Chapter 2709 have grown at 7.17% CAGR, reaching ₹12,09,162.60 Crore in FY 2024-25. ## Related Sub-Chapters in Chapter 27 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 2710: Petroleum oils, bituminous minerals](https://busy.in/hsn/sub-chapter-2710/) | ₹5,28,097 Cr | | #2 | [HSN Sub-Chapter 2707: High-temperature coal tar products](https://busy.in/hsn/sub-chapter-2707/) | ₹18,089 Cr | | #3 | [HSN Sub-Chapter 2716: Electrical energy](https://busy.in/hsn/sub-chapter-2716/) | ₹9,588 Cr | | #4 | [HSN Sub-Chapter 2711: Petroleum gases, gaseous hydrocarbons](https://busy.in/hsn/sub-chapter-2711/) | ₹3,796 Cr | | #5 | [HSN Sub-Chapter 2713: Petroleum residues & bitumen](https://busy.in/hsn/sub-chapter-2713/) | ₹2,275 Cr | | #6 | [HSN Sub-Chapter 2701: Coal briquettes](https://busy.in/hsn/sub-chapter-2701/) | ₹1,835 Cr | | #7 | [HSN Sub-Chapter 2712: Mineral waxes](https://busy.in/hsn/sub-chapter-2712/) | ₹989 Cr | | #8 | [HSN Sub-Chapter 2708: Pitch and pitch coke](https://busy.in/hsn/sub-chapter-2708/) | ₹839 Cr | | #9 | [HSN Sub-Chapter 2704: Coal coke & semi-coke](https://busy.in/hsn/sub-chapter-2704/) | ₹345 Cr | | #10 | [HSN Sub-Chapter 2715: Bituminous Mixtures](https://busy.in/hsn/sub-chapter-2715/) | ₹47 Cr | | — | HSN Sub-Chapter 2709: Crude petroleum oils (this hsn sub-chapter) | — | ## Other sub-chapters | Code | Title | | --- | --- | | 2701 | [Coal briquettes](https://busy.in/hsn/sub-chapter-2701/) | | 2702 | [Lignite: Not Agglomerated](https://busy.in/hsn/sub-chapter-2702/) | | 2703 | [Peat products](https://busy.in/hsn/sub-chapter-2703/) | | 2704 | [Coal coke & semi-coke](https://busy.in/hsn/sub-chapter-2704/) | | 2705 | [Non-petroleum gases](https://busy.in/hsn/sub-chapter-2705/) | | 2706 | [Coal Tar Distillates](https://busy.in/hsn/sub-chapter-2706/) | | 2707 | [High-temperature coal tar products](https://busy.in/hsn/sub-chapter-2707/) | | 2708 | [Pitch and pitch coke](https://busy.in/hsn/sub-chapter-2708/) | | 2710 | [Petroleum oils, bituminous minerals](https://busy.in/hsn/sub-chapter-2710/) | | 2711 | [Petroleum gases, gaseous hydrocarbons](https://busy.in/hsn/sub-chapter-2711/) | | 2712 | [Mineral waxes](https://busy.in/hsn/sub-chapter-2712/) | | 2713 | [Petroleum residues & bitumen](https://busy.in/hsn/sub-chapter-2713/) | | 2714 | [Natural bitumen & asphalt4](https://busy.in/hsn/sub-chapter-2714/) | | 2715 | [Bituminous Mixtures](https://busy.in/hsn/sub-chapter-2715/) | | 2716 | [Electrical energy](https://busy.in/hsn/sub-chapter-2716/) |