HSN Code 2702
Lignite, whether or not agglomerated
HSN Code2702
DescriptionLignite, whether or not agglomerated
CategoryMineral Fuels
GST Rate5%
CGST + SGST (Intra-state)2.5% + 2.5%
IGST (Inter-state)5%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹500.00, Total = ₹10,500.00
Related HSN Codes in Mineral Fuels
| HSN Code | Description | GST Rate |
|---|---|---|
| 2701 | Coal; briquettes and solid fuels from coal | 5% |
| 2704 | Coke and semi-coke of coal, lignite or peat | 5% |
| 2706 | Tar distilled from coal, lignite or peat | 18% |
| 2713 | Petroleum coke, petroleum bitumen and residues | 18% |
About HSN Code 2702
HSN code 2702 is used to classify lignite, whether or not agglomerated under the Goods and Services Tax (GST) system in India. This code falls under the Mineral Fuels category and attracts a GST rate of 5%.
HSN (Harmonized System of Nomenclature) is an internationally standardized system of names and numbers to classify traded products. Under GST, businesses with turnover above ₹5 crore must report 6-digit HSN codes on invoices, while those between ₹1.5 crore and ₹5 crore must report 4-digit codes.