271012

HSN Code 271012: GST Rate & Description

Light oils and preparations:
HSN Chapter 27 — Mineral Fuels & Oils 6-digit code 5% GST
Parent codes: 27 — Mineral fuels, mineral oils and products… 2710 — Petroleum oils and oils obtained from bi…
GST Rate Breakdown
CGST
2.5%
SGST / UTGST
2.5%
IGST
5%

CGST+SGST apply to intra-state transactions. IGST applies to inter-state and imports. Cess may apply additionally for certain goods.

🧮 Calculate GST 🧾 Create Invoice 🔍 Search More Codes
18 Sub-codes under 271012
27101211 Petroleum oils and oils obtained from bituminous m… 27101212 Petroleum oils and oils obtained from bituminous m… 27101213 Petroleum oils and oils obtained from bituminous m… 27101219 Petroleum oils and oils obtained from bituminous m… 27101220 Petroleum oils and oils obtained from bituminous m… 27101221 Light naphtha 27101222 Heavy naphtha 27101229 Full range naphtha 27101231 Solvent 60/80 27101232 Solvent 50/120 27101239 Solvent 145/204 27101241 Motor gasoline conforming to standard is 2795 27101242 E 20 fuel conforming to standard is 17020 27101243 E 12 fuel conforming to standard is 17586 27101244 E 15 fuel conforming to standard is 17586 27101249 M15 fuel conforming to standard is 17076 27101250 Aviation gasoline conforming to standard is 1604 27101290 Other
All HSN codes in Chapter 27 — Mineral Fuels & Oils (16 codes)
2701 Coal; briquettes, ovoids and similar solid fuels… 2702 Lignite, whether or not agglomerated, excluding… 2703 Peat (including peat litter), whether or not agg… 2704 Coke and semi-coke of coal, of lignite or of pea… 2705 Coal gas, water gas, producer gas and similar ga… 2706 Tar distilled from coal, from lignite or from pe… 2707 Oils and other products of the distillation of h… 2708 Pitch and pitch coke, obtained from coal tar or… 2709 Petroleum oils and oils obtained from bituminous… 2710 Petroleum oils and oils obtained from bituminous… 2711 Petroleum gases and other gaseous hydrocarbons 2712 Petroleum jelly, paraffin wax, microcrystalline… 2713 Petroleum coke, petroleum bitumen and other resi… 2714 Bitumen and asphalt, natural; bituminous or oil… 2715 Bituminous mixtures based on natural on natural… 2716 Electrical energy

About HSN Code 271012

HSN code 271012 is a 6-digit Harmonized System of Nomenclature (HSN) code used in India for GST classification. It covers: Light oils and preparations:.

This code falls under Chapter 27 (Mineral Fuels & Oils) of the Indian GST tariff. The applicable GST rate is 5% (CGST 2.5% + SGST 2.5% for intra-state, or IGST 5% for inter-state transactions).

Who needs this code? Any GST-registered business supplying goods classified under this HSN code must quote it on their tax invoices. Turnover above ₹5 crore requires 6-digit codes; exporters must use 8-digit HSN codes.

Frequently Asked Questions

What is HSN code 271012?
HSN 271012 refers to: Light oils and preparations:. It belongs to Chapter 27 (Mineral Fuels & Oils) of the GST tariff.
What is the GST rate for HSN code 271012?
The GST rate for HSN code 271012 is 5% — CGST 2.5% + SGST 2.5% for intra-state, or IGST 5% for inter-state supply.
Is HSN code 271012 mandatory on invoices?
Yes. If your business supplies goods/services under this code, you must quote the HSN/SAC code on GST invoices. Businesses with turnover below ₹5 crore use 4-digit HSN; above ₹5 crore use 6-digit; exporters use 8-digit.
What chapter does HSN code 271012 belong to?
HSN code 271012 belongs to Chapter 27 of the GST tariff, which covers Mineral Fuels & Oils.