Consistent Export Growth: 6.27% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 2713 have grown at a compound annual rate of 6.27% over 7 fiscal years, rising from ₹1,579.58 Crore in FY 2018-19 to ₹2,274.83 Crore in FY 2024-25.
HSN Sub Chapter 2713 represents Petroleum residues & bitumen under GST classification. This code helps businesses identify Petroleum residues & bitumen correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2713, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Petroleum residues & bitumen.
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GST Rate for Petroleum residues & bitumen under HSN Code 2713. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Petroleum residues & bitumen.
Tariff HSN
Description
Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals - petroleum coke: not calcined
Tariff HSN
Description
Petroleum coke : Not calcined: Calcined petroleum coke for anode making in aluminium industry conforming to standard IS 17049
Tariff HSN
Description
Petroleum coke : Not calcined: Other
Tariff HSN
Description
Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals - petroleum coke: calcined
Tariff HSN
Description
Petroleum coke : Calcined: Calcined petroleum coke for anode making in aluminium industry conforming to standard IS 17049
Tariff HSN
Description
Petroleum coke : Calcined : Other
Tariff HSN
Description
Petroleum bitumen
Tariff HSN
Description
Other residues of petroleum oils or of oils obtained from bituminous minerals
India’s Exports
FY 2024-25₹2,275 Cr
0.0614% of India’s total exports
India’s Imports
FY 2024-25₹27,644 Cr
0.4533% of India’s total imports
Trade Balance
FY 2024-25−₹25,369 Cr
Surplus rank #1189 of 1233 subchapters
% of Chapter 27
FY 2024-250.40%
Share of Chapter 27’s total exports in FY 2024-25
Import side: 1.50% of Chapter 27’s imports
Rank Within Chapter 27
FY 2024-25#5 of 16
Position by export value among subchapters in Chapter 27
Import-side rank: #5 of 16
At a glance
6.27%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#248
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+56.96%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.40%
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
−14,839.05
Exports
1,579.58 ₹ Cr
0.0688% share
— YoY
0.47% of Ch. 27
Imports
16,418.63 ₹ Cr
0.4572% share
— YoY
1.40% of Ch. 27
Balance
−15,398.17
Exports
1,112.19 ₹ Cr
0.0504% share
−29.59% YoY
0.37% of Ch. 27
Imports
16,510.36 ₹ Cr
0.4922% share
+0.56% YoY
1.52% of Ch. 27
Balance
−11,423.82
Exports
1,002.48 ₹ Cr
0.0466% share
−9.86% YoY
0.50% of Ch. 27
Imports
12,426.30 ₹ Cr
0.4265% share
−24.74% YoY
1.69% of Ch. 27
Balance
−19,199.76
Exports
1,573.54 ₹ Cr
0.0501% share
+56.96% YoY
0.30% of Ch. 27
Imports
20,773.30 ₹ Cr
0.4545% share
+67.17% YoY
1.43% of Ch. 27
Balance
−31,939.41
Exports
2,440.75 ₹ Cr
0.0674% share
+55.11% YoY
0.30% of Ch. 27
Imports
34,380.16 ₹ Cr
0.5980% share
+65.50% YoY
1.64% of Ch. 27
Balance
−26,895.86
Exports
2,108.24 ₹ Cr
0.0583% share
−13.62% YoY
0.29% of Ch. 27
Imports
29,004.10 ₹ Cr
0.5165% share
−15.64% YoY
1.60% of Ch. 27
Balance
−25,369.02
Exports
2,274.83 ₹ Cr
0.0614% share
+7.90% YoY
0.40% of Ch. 27
Imports
27,643.85 ₹ Cr
0.4533% share
−4.69% YoY
1.50% of Ch. 27
CAGR · 7-Year
Exports
6.27% /yr
Imports
9.07% /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 2713 have grown at a compound annual rate of 6.27% over 7 fiscal years, rising from ₹1,579.58 Crore in FY 2018-19 to ₹2,274.83 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 2713 ranks #248 out of 1233 subchapters by total export value. Within Chapter 27, it ranks #5 of 16. By trade surplus, it ranks #1189 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 2713 was recorded in FY 2021-22, when exports surged by 56.96% over the prior year.
In FY 2024-25, India's imports of ₹27,643.85 Cr exceeded exports of ₹2,274.83 Cr, resulting in a trade deficit of ₹25,369.02 Crore — ranking #1189 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 2713 have grown at 9.07% CAGR, reaching ₹27,643.85 Crore in FY 2024-25.
Among the 16 subchapters under Chapter 27, HSN Sub-Chapter 2713 ranks #5 by export value — accounting for 0.40% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.50% share (rank #5).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 2713 and GST compliance.
It includes Petroleum residues & bitumen
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.
Use a delivery challan for sending Petroleum residues & bitumen 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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Petroleum residues & bitumen are forward charge. Check the current notifications for any special cases before deciding.
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.
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.