Official Classification

Under the Harmonized System of Nomenclature (HSN), the code 2707 specifically identifies oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents 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 2707 on all Tax Invoices for oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents
✓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 2707

"Classifying oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents 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."