Consistent Export Growth: 8.62% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2710 have grown at a compound annual rate of 8.62% over 7 fiscal years, rising from ₹3,21,621.53 Crore in FY 2018-19 to ₹5,28,097.09 Crore in FY 2024-25.
HSN Sub Chapter 2710 represents Petroleum oils, bituminous minerals under GST classification. This code helps businesses identify Petroleum oils, bituminous minerals correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2710, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Petroleum oils, bituminous minerals.
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GST Rate for Petroleum oils, bituminous minerals under HSN Code 2710. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
27HSN Code
HSN Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Petroleum oils, bituminous minerals.
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containign by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils-light oils and preparations—motor spirit—-special boiling point spirits (other than benzene, toluol) with nominal boiling point range 55-115 degrees centigrade
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containign by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils-light oils and preparations—motor spirit—-special boiling point spirits (other than benzene,benzol,toluene and toluol) with nominal boiling point range 63-70 degrees centigrade
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containign by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils-light oils and preparations—motor spirit—-other special boiling point spirits (other than benzene, benzol, toluene and toluol)
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containign by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils-light oils and preparations—motor spirit—-other
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containign by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils-light oils and preparations—natural gasoline liquid (ncl)
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils: Light oils and preparations : Naphtha: Light naphtha
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils: Light oils and preparations : Naphtha: Heavy naphtha
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils: Light oils and preparations : Naphtha: Full Range naphtha
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Solvent 60/80, solvent 50/120 and solvent 145/205 (petroleum hydrocarbon solvents) as specified under standard IS 1745: Solvent 60/80
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Solvent 60/80, solvent 50/120 and solvent 145/205 (petroleum hydrocarbon solvents) as specified under standard IS 1745: Solvent 50/120
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Solvent 60/80, solvent 50/120 and solvent 145/205 (petroleum hydrocarbon solvents) as specified under standard IS 1745: Solvent 145/205
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076: Motor gasoline conforming to standard IS 2796
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076: E 20 fuel conforming to standard IS 17021
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076: E 20 fuel conforming to standard IS 17021
Tariff HSN
Description
E 15 fuel conforming to standard is 17586
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076: M15 fuel conforming to standard IS 17076
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Motor gasoline conforming to standard IS 2796, IS 17021 or IS 17076: Aviation gasoline conforming to standard IS 1604
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Light oils and preparations : Other
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils - petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than waste oils: - other: superior kerosine oil (sko)
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Other : Solvent 125/240 (petroleum hydrocarbon solvent)
Tariff HSN
Description
High speed diesel oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Kerosene intermediate and oils obtained from kerosene intermediate: Kerosene intermediate
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Kerosene intermediate and oils obtained from kerosene intermediate: Kerosene conforming to standard IS 1459
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Kerosene intermediate and oils obtained from kerosene intermediate: Aviation turbine fuels, kerosene type conforming to standard IS 1571
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils - petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than waste oils: - other: light diesel oil (ldo)
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Gas oil and oils obtained from gas oil: Gas oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Gas oil and oils obtained from gas oil: Vaccum Gas oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Gas oil and oils obtained from gas oil: Light diesel oil conforming to standard IS 15770
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Gas oil and oils obtained from gas oil: Automotive diesel fuel, not containing biodiesel, conforming to standard IS 1460
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Gas oil and oils obtained from gas oil: High flash high speed diesel fuel conforming to standard IS 16861
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils - petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than waste oils: - other: fuel oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Fuel oils conforming to standard IS 1593: Grade LV
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Fuel oils conforming to standard IS 1593: Grade MV 1
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Fuel oils conforming to standard IS 1593: Grade MV 2
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Fuel oils conforming to standard IS 1593: Grade HV
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils - petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than waste oils: - other: base oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Fuels (Class F) or marine fuels conforming to standard IS 16731: Distillate oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Fuels (Class F) or marine fuels conforming to standard IS 16731: Residual oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils - petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than waste oils: - other: jute batching oil and textile oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: Base Oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: Engine oil (internal combustion engine crankcase oils) conforming to standard IS 13656
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: Engine oil conforming to standard IS 14234
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: Automotive gear oil conforming to standard IS 1118
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: Industrial gear oil conforming to standard IS 8406
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: General purpose machinery and spindle oils conforming to standard IS 493
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: Turbine lubricating oil conforming to standard IS 1012
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: Other lubricating oil, conforming to any other BIS Standard
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Base oil and lubricating oil: Other lubricating oil, not conforming to any BIS Standard
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils - petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than waste oils: - other: lubricating oil
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Cutting oil conforming to standard IS 1115
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Cutting oil (neat) conforming to standard IS 1115
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Hydraulic oil conforming to standard IS 3098 or IS 11656
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Industrial white oil conforming to standard IS 1083
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Insulating oil for transformer and circuit-breaker (transformer and circuit-breaker oils) conforming to standard IS 335 or IS 12463
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Mineral oil for cosmetic industry conforming to standard IS 7299
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Jute batching oil conforming to standard IS 1758
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Other cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry transformer oil conforming to any other BIS standard
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil: Other cutting oil, hydraulic oil, industrial white oil, jute batching oil, mineral oil for cosmetic industry, transformer oil, not conforming to any BIS standard
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, other than those containing biodiesel and other than waste oils : Other : Other
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, containing bio-diesel, other than waste oils
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, containing biodiesel, other than waste oils : Automotive diesel fuel, containing biodiesel, conforming to standard IS 1460
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, containing biodiesel, other than waste oils : Diesel fuel blend (B6 to B20) conforming to standard IS 16531
Tariff HSN
Description
Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, containing biodiesel, other than waste oils : Other
Tariff HSN
Description
Waste oil : Containing polychlorinated biphenyls (PCBs), polychlorinated terphenyls (PCTs) or polybrominated biphenyls (PBBs)
Tariff HSN
Description
Other
India’s Exports
FY 2024-25₹5,28,097 Cr
14.2598% of India’s total exports
India’s Imports
FY 2024-25₹81,776 Cr
1.3410% of India’s total imports
Trade Balance
FY 2024-25₹4,46,321 Cr
Surplus rank #1 of 1233 subchapters
% of Chapter 27
FY 2024-2593.31%
Share of Chapter 27’s total exports in FY 2024-25
Import side: 4.43% of Chapter 27’s imports
Rank Within Chapter 27
FY 2024-25#1 of 16
Position by export value among subchapters in Chapter 27
Import-side rank: #4 of 16
At a glance
8.62%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+165.70%
Peak Growth Year
FY 2021-22 · strongest single-year move
93.31%
Contribution to Ch. 27
Share of Chapter 27 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+2,83,520.49
Exports
3,21,621.53 ₹ Cr
14.0119% share
— YoY
95.87% of Ch. 27
Imports
38,101.04 ₹ Cr
1.0610% share
— YoY
3.24% of Ch. 27
Balance
+2,32,940.44
Exports
2,88,723.67 ₹ Cr
13.0720% share
−10.23% YoY
95.49% of Ch. 27
Imports
55,783.23 ₹ Cr
1.6629% share
+46.41% YoY
5.12% of Ch. 27
Balance
+1,44,735.37
Exports
1,87,431.35 ₹ Cr
8.7142% share
−35.08% YoY
94.15% of Ch. 27
Imports
42,695.98 ₹ Cr
1.4653% share
−23.46% YoY
5.79% of Ch. 27
Balance
+4,23,289.13
Exports
4,98,011.20 ₹ Cr
15.8689% share
+165.70% YoY
95.86% of Ch. 27
Imports
74,722.07 ₹ Cr
1.6348% share
+75.01% YoY
5.14% of Ch. 27
Balance
+6,87,138.82
Exports
7,75,082.28 ₹ Cr
21.4069% share
+55.64% YoY
95.37% of Ch. 27
Imports
87,943.46 ₹ Cr
1.5295% share
+17.69% YoY
4.20% of Ch. 27
Balance
+6,03,227.90
Exports
6,90,633.41 ₹ Cr
19.0880% share
−10.90% YoY
95.21% of Ch. 27
Imports
87,405.51 ₹ Cr
1.5564% share
−0.61% YoY
4.82% of Ch. 27
Balance
+4,46,320.76
Exports
5,28,097.09 ₹ Cr
14.2598% share
−23.53% YoY
93.31% of Ch. 27
Imports
81,776.33 ₹ Cr
1.3410% share
−6.44% YoY
4.43% of Ch. 27
CAGR · 7-Year
Exports
8.62% /yr
Imports
13.57% /yr
reference, FY 2024-25
Export
₹5,65,955.29 Cr
Import
₹18,46,145.01 Cr
Trade Balance
−12,80,189.72
India's exports under HSN Sub-Chapter 2710 have grown at a compound annual rate of 8.62% over 7 fiscal years, rising from ₹3,21,621.53 Crore in FY 2018-19 to ₹5,28,097.09 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2710 ranks #1 out of 1233 subchapters by total export value. Within Chapter 27, it ranks #1 of 16. By trade surplus, it ranks #1 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2710 was recorded in FY 2021-22, when exports surged by 165.70% over the prior year.
In FY 2024-25, India's exports of ₹5,28,097.09 Cr exceeded imports of ₹81,776.33 Cr, resulting in a trade surplus of ₹4,46,320.76 Crore — ranking #1 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2710 have grown at 13.57% CAGR, reaching ₹81,776.33 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 27, HSN Sub-Chapter 2710 ranks #1 by export value — accounting for 93.31% of the chapter's total exports in FY 2024-25. On the import side, it holds 4.43% share (rank #4).
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Clear answers to common queries about HSN Sub Chapter 2710 and GST compliance.
It includes Petroleum oils, bituminous minerals
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.
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.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
If your outward supply of Petroleum oils, bituminous minerals 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.
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.