HSN Code 2706
Tar distilled from coal, lignite or peat
HSN Code2706
DescriptionTar distilled from coal, lignite or peat
CategoryMineral Fuels
GST Rate18%
CGST + SGST (Intra-state)9% + 9%
IGST (Inter-state)18%
Example Calculation
On a taxable value of ₹10,000.00: GST = ₹1,800.00, Total = ₹11,800.00
Related HSN Codes in Mineral Fuels
| HSN Code | Description | GST Rate |
|---|---|---|
| 2701 | Coal; briquettes and solid fuels from coal | 5% |
| 2702 | Lignite, whether or not agglomerated | 5% |
| 2704 | Coke and semi-coke of coal, lignite or peat | 5% |
| 2713 | Petroleum coke, petroleum bitumen and residues | 18% |
About HSN Code 2706
HSN code 2706 is used to classify tar distilled from coal, lignite or peat under the Goods and Services Tax (GST) system in India. This code falls under the Mineral Fuels category and attracts a GST rate of 18%.
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.