Traders and bulk commodity buyers acquire this material for use in asphalt production, fuel blending, or as a diluent in petrochemical operations, catering to construction and energy markets.
HSN code 27012090 is classified as Free under India's DGFT ITC(HS) export policy — no export license is required.
This product may be freely exported/imported from India without a license.
HSN Code Details
The petroleum refining sector demands this product as a low‑grade hydrocarbon feedstock, typically a residual oil fraction with limited commercial value. It appears as a dark, viscous liquid that requires further processing or blending.
When shipping this commodity, containers must be sealed and cleaned to prevent contamination, and the shipment should be accompanied by a Certificate of Origin and a declaration that it is freely exportable from India without a license.
Related HSN Codes (Heading 2701)
- 2701COAL; BRIQUETTES, OVOIDS AND SIMILAR SOLID FUELSFree
- 27011100Policy condition no. 7 of chapter Coal, whether or not pulverized, 27 Subject to compulsoryFree
- 270112Bituminous coalFree
- 27011210subject to compulsory registration under Coal Import Monitoring System (CIMS) asFree
- 27011290subject to compulsory registration under Coal Import Monitoring System (CIMS) asFree
- 270119but not agglomerated : -- Other coalFree
Frequently Asked Questions
No. HSN 27012090 is classified as Free under DGFT ITC(HS) policy, so it can be exported from India without an export license or permit.
HSN 27012090 is used for miscellaneous petroleum residues and similar oil products.
HSN 27012090 falls under Chapter 27 and Heading 2701 of India's customs tariff schedule.
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