HSN Code 2710 classifies petroleum oils, including fuels, lubricants and industrial oils and determines their GST rate and reporting requirements for businesses. Most products under this code attract 5% or 18% GST, while petrol and diesel remain outside GST.
For businesses, using the correct HSN code on invoices and reporting only GST-applicable goods in returns is essential for compliance, accurate ITC claims and error-free filings. The code structure and reporting requirements depend on turnover and the specific product being supplied.
Comprehensive list of items covered under HSN Code 2710
Here is the complete list of items covered under HSN Code 2710:
|
HSN Code |
Product Category |
Key Products Covered |
GST Rate |
|
2710 |
Petroleum Oils (General Category) |
Mineral oils, petroleum-based preparations (70%+ oil content) |
5% / 18% |
|
271011 – 271012 |
Light Oils & Preparations |
Light oils, petroleum distillates |
5% / 18% |
|
27101221, 27101222, 27101229 |
Naphtha Variants |
Light naphtha, heavy naphtha, full-range naphtha |
5% / 18% |
|
27101231, 27101232, 27101239 |
Solvents |
Solvent 60/80, 50/120, 145/2015 |
5% / 18% |
|
27101241, 27101242, 27101249, 27101250 |
Motor & Aviation Fuels |
Motor gasoline, E20 fuel, M15 fuel, aviation gasoline |
5% / 18% |
|
27101930, 27101931, 27101932, 27101939 |
Diesel & Kerosene |
High-speed diesel, kerosene, aviation turbine fuel |
5% / 18% |
|
27101971 – 27101979 |
Lubricating Oils |
Engine oil, gear oil, turbine oil, spindle oil |
5%/18% |
|
27101981 – 27101989 |
Industrial Oils |
Cutting oil, hydraulic oil, transformer oil, white oil |
5%/18% |
|
27102010 & 27102020 |
Biodiesel Blends |
Diesel with biodiesel blends (B6–B20) |
5% / 18% |
|
27102090 |
Other Petroleum Products |
Miscellaneous petroleum-based products |
5% / 18% |
Business filing guide for HSN Code 2710
HSN Code 2710 must be correctly reported in invoices and GST returns to ensure accurate tax reporting, proper classification and ITC eligibility. Even small errors can lead to mismatches across systems and compliance issues.
Here is how to handle it in practice:
-
Where to report HSN Code 2710
Start with the basics. The HSN code must appear on all tax invoices, as it serves as the basis for classification. In GST returns, include it in GSTR-1 for both B2B and B2C transactions to ensure outward supplies are correctly reported. If e-invoicing applies, include the HSN code there as well to maintain consistency.
-
Turnover-based HSN requirements
The number of digits depends on turnover:
- Up to ₹5 crore: 4-digit HSN code is sufficient
- Above ₹5 crore: 6-digit HSN code is mandatory
-
Filing treatment for petroleum products
Not all products under HSN Code 2710 are treated the same under GST. Petrol and diesel are outside GST and are not reported in GST returns. In contrast, lubricants and industrial oils are subject to GST and must be reported accurately.
-
Input Tax Credit considerations
ITC depends on whether the product is covered under GST. For GST-applicable goods such as lubricants, ITC can be claimed, subject to conditions. For non-GST items such as petrol and diesel, ITC is not available, making correct classification important.
-
Documentation and compliance checklist
A few simple checks can prevent major filing issues:
- Ensure the correct HSN code is mentioned on every invoice
- Maintain consistent classification across billing, accounting and returns
- Match return data with invoices to avoid mismatches and notices
Conclusion
Getting HSN Code 2710 right comes down to correct classification, clarity on GST applicability and consistent reporting across invoices and returns. This directly impacts tax accuracy, ITC eligibility and overall compliance, making it a critical part of day-to-day business operations.
Using a reliable system helps standardise HSN usage, minimise errors and keep filings aligned. TallyPrime enables businesses to manage HSN codes, generate GST-ready invoices and maintain accurate returns with greater control and efficiency.
