Petroleum oils (not motor spirit)
Under the Harmonized System of Nomenclature (HSN), the code 2710 specifically identifies petroleum oils (not motor spirit) for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.
"Classifying petroleum oils (not motor spirit) 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."