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Verified Category: Petroleum

HSN Code 2706

Tar distilled from coal, from lignite or from peat and other mineral tars, whether or not dehydrated or partially distilled, including

Current GST Rate
18%
Verified ✓

Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 2706 specifically identifies tar distilled from coal, from lignite or from peat and other mineral tars, whether or not dehydrated or partially distilled, including for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.

Intra-State Split
CGST 9% + SGST 9%
Inter-State Split
IGST 18%

Compliance Check-list

  • Mention HSN 2706 on all Tax Invoices for tar distilled from coal, from lignite or from peat and other mineral tars, whether or not dehydrated or partially distilled, including
  • Include in HSN-wise summary of GSTR-1 filings
  • Mandatory for E-way bill generation for goods above threshold
  • Ensure Input Tax Credit (ITC) matches this classification
✨ AI Compliance Insight

Expert Advice for 2706

"Classifying tar distilled from coal, from lignite or from peat and other mineral tars, whether or not dehydrated or partially distilled, including correctly is critical to avoid litigation. While the base rate is 18%, always check for anti-dumping duties if importing, especially under the Petroleum category. AasanKhata automatically monitors these shifts for you."