HSN CODE OF PETROL AND DIESEL

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PARTNER
53 Points Posted on 12 December 2022

In case of Sale is more than 5 crores and total sales is of Petrol /Diesel what HSN should I fill while filing GSTR 9

 

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On 12 December 2022 at 18:51 Report
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This discussion clarifies the HSN code for petrol and diesel when filing GSTR 9, especially for sales exceeding 5 crores. While petrol and diesel are currently outside GST, the recommended HSN code is 2710. It's important to note that applying this HSN code would typically attract an 18% GST, which needs careful consideration given the current tax status of these fuels.

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Finance Professional
37162 Points Posted on 13 December 2022

HSN Code is 2710 

 

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On 13 December 2022 at 12:41
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PARTNER
53 Points Posted on 16 December 2022

But petrol and diesel are not GST goods, and GST isn't applicalble on petrol and diesel, Bu if as per your advice I mension HSN 2710 then GST will be applicable because GST is 18% on HSN 2710 

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On 16 December 2022 at 10:17

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