---
title: "2714 HSN Code | HSN Code for Natural bitumen & asphalt4 in India"
description: "Know more about 2714 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 2714 covering Natural bitumen & asphalt4."
canonical: "https://busy.in/hsn/sub-chapter-2714/"
---

# HSN Sub-chapter 2714: Natural bitumen & asphalt4

Bitumen and asphalt, natural; bituminous or oil shale and tar sands; asphaltites and asphaltic rocks

Part of [Chapter 27: Bituminous Substances, Mineral fuel & Oils](https://busy.in/hsn/chapter-27/).

- Current GST rate: 18%
- Earlier GST rate: 18%

## HSN codes

| Code | Title |
| --- | --- |
| 27141000 | [Oil Shale and Tar Sands](https://busy.in/hsn/hsn-27141000/) |
| 27149010 | [Other \| Asphalt, Natural](https://busy.in/hsn/hsn-27149010/) |
| 27149020 | [Other \| Bitumen, Natural](https://busy.in/hsn/hsn-27149020/) |
| 27149030 | [Other \| Gilsonete](https://busy.in/hsn/hsn-27149030/) |
| 27149090 | [Natural Bitumen & Asphalt \| Other](https://busy.in/hsn/hsn-27149090/) |

## Frequently asked questions

### What products are classified under HSN 2714

It includes Natural bitumen & asphalt4

### Any special steps when selling Natural bitumen & asphalt4 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.

### Does packaging or branding change how GST applies to Natural bitumen & asphalt4?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Natural bitumen & asphalt4 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.

### What misclassification mistakes happen with Natural bitumen & asphalt4?

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.

### Is the composition scheme suitable if I mainly trade Natural bitumen & asphalt4?

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.

### How should I document Natural bitumen & asphalt4 sent for job work?

Use a delivery challan for sending Natural bitumen & asphalt4 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.

## India's trade performance: HSN Sub-Chapter 2714 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹24 Cr (−0.45% YoY) — 0.0007% of India's total exports
- Imports: ₹52 Cr (+38.72% YoY) — 0.0009% of India's total imports
- Trade balance: −₹28 Cr (Deficit); surplus rank #637 of 1233 sub-chapters
- Share of Chapter 27: 0.00% of its exports; import side 0.00%
- Rank within Chapter 27: #12 of 16 by export value; import-side #12

### Key metrics

- Export CAGR: 31.26% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #983 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +199.54% in FY 2020-21
- Contribution to Ch. 27: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 2714

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 | Exp % of Ch. 27 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 27 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 4.74 | 0.0002% | — | 0.00% | 26.57 | 0.0007% | — | 0.00% | −21.83 | #1060 |
| FY 2019-20 | 4.36 | 0.0002% | −8.02% | 0.00% | 17.54 | 0.0005% | −33.99% | 0.00% | −13.18 | #1050 |
| FY 2020-21 | 13.06 | 0.0006% | +199.54% | 0.01% | 20.24 | 0.0007% | +15.39% | 0.00% | −7.18 | #976 |
| FY 2021-22 | 26.06 | 0.0008% | +99.54% | 0.01% | 22.29 | 0.0005% | +10.13% | 0.00% | +3.77 | #944 |
| FY 2022-23 | 15.83 | 0.0004% | −39.26% | 0.00% | 27.23 | 0.0005% | +22.16% | 0.00% | −11.40 | #1006 |
| FY 2023-24 | 24.35 | 0.0007% | +53.82% | 0.00% | 37.50 | 0.0007% | +37.72% | 0.00% | −13.15 | #980 |
| FY 2024-25 | 24.24 | 0.0007% | −0.45% | 0.00% | 52.02 | 0.0009% | +38.72% | 0.00% | −27.78 | #983 |

- CAGR (7-year): exports 31.26%/yr, imports 11.85%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 2714 export-import analysis

### Consistent export growth: 31.26% CAGR over 7 years

India's exports under HSN Sub-Chapter 2714 have grown at a compound annual rate of 31.26% over 7 fiscal years, rising from ₹4.74 Crore in FY 2018-19 to ₹24.24 Crore in FY 2024-25.

### HSN Sub-Chapter 2714 ranked #983 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 2714 ranks #983 out of 1233 sub-chapters by total export value. Within Chapter 27, it ranks #12 of 16. By trade surplus, it ranks #637 of 1233.

### FY 2020-21 was the strongest growth year for HSN Sub-Chapter 2714 exports

The strongest single-year export movement for HSN Sub-Chapter 2714 was recorded in FY 2020-21, when exports surged by 199.54% over the prior year.

### India records a trade deficit of ₹27.78 Crore in HSN Sub-Chapter 2714 goods

In FY 2024-25, India's imports of ₹52.02 Cr exceeded exports of ₹24.24 Cr, resulting in a trade deficit of ₹27.78 Crore — ranking #637 of 1233 by surplus magnitude.

### Import growth of 11.85% CAGR signals rising demand for Natural bitumen & asphalt4

India's imports under HSN Sub-Chapter 2714 have grown at 11.85% CAGR, reaching ₹52.02 Crore in FY 2024-25.

### HSN Sub-Chapter 2714 contributes 0.00% of Chapter 27 exports — ranked #12

Among the 16 sub-chapters under Chapter 27, HSN Sub-Chapter 2714 ranks #12 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #12).

## 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 |
| #12 | HSN Sub-Chapter 2714: Natural bitumen & asphalt4 (this hsn sub-chapter) | ₹24 Cr |

## 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/) |
| 2709 | [Crude petroleum oils](https://busy.in/hsn/sub-chapter-2709/) |
| 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/) |
| 2715 | [Bituminous Mixtures](https://busy.in/hsn/sub-chapter-2715/) |
| 2716 | [Electrical energy](https://busy.in/hsn/sub-chapter-2716/) |