Key Product Categories traded and serviced by Ametheus

HSN/SAC codes and common GST rates are listed below (subject to final verification against the latest CBIC notifications and specific product specifications at the time of transaction). Rates can vary based on end-use, packaging, branding, and notifications.

A. Petroleum Products (Chapter 27)

  • Liquefied Petroleum Gas (LPG) HSN 2711 19 10 (non-automotive, IS 4576) / 2711 19 20 (automotive, IS 14861) GST: 5% (domestic/NDEC supply by OMCs) or 18% (other) Role: Import and merchanting trade
  • Diesel (EN590 10 ppm / ULSD / HSD) HSN 2710 19 30 (or more specific 8-digit codes such as 2710 19 44 / 2710 19 49 depending on exact grade) Note: High-speed diesel is currently outside the GST regime (taxed under Central Excise + State VAT). HSN is used for customs/trade documentation. Role: Export and merchanting trade
  • Furnace Oil (CST 180/380), HFO, VLSFO, ULSFO HSN 2710 19 50 / 2710 19 51–59 (Fuel oils) or 2710 19 61–69 (Marine fuels) GST: 18% (certain bunker fuels may attract concessional treatment) Role: Import and merchanting trade
  • Crude Oil / Light Crude HSN 2709 00 00 Outside GST (Central Excise applicable) Role: Import and merchanting trade
  • Jet A-1 / Aviation Turbine Fuel (ATF) HSN 2710 19 20 / 2710 19 39 Outside GST (similar to diesel) Role: Export and merchanting trade
  • Bitumen HSN 2713 20 00 (Petroleum bitumen) / 2714 (Bituminous mixtures) GST: 18% Role: Import
  • Pet Coke HSN 2713 11 00 (Not calcined) / 2713 12 00 (Calcined) GST: 18% Role: Import and merchanting trade
  • Steam / Thermal Coal HSN 2701 19 20 GST: 5% Role: Import

B. Vessel Chartering Services

  • Vessel Chartering / Rental of Water Vessels (with operator) SAC 9966 02 GST: 5% (subject to conditions on input tax credit for vessels) Role: Export / Service

C. Agribusiness & Commodities (Chapters 07, 08, 10–12, 17, 23)

  • Basmati Rice HSN 1006 30 20 GST: 5% (branded/pre-packaged); generally Nil/0% for unbranded/loose Role: Export
  • Non-Basmati Rice (IR 64/36, Swarna, Parboiled, Broken, etc.) HSN 1006 30 10 / 1006 30 90 / 1006 40 00 (Broken) GST: 5% (branded/pre-packaged); Nil/0% for unbranded/loose Role: Export
  • Yellow Corn / Maize HSN 1005 90 00 GST: 5% Role: Export
  • Wheat / Flour HSN 1001 (Wheat) / 1101 (Wheat flour) GST: 5% Role: Export
  • Soybean / Soy Products (Meal, SPI) HSN 1201 (Soybeans) / 2304 00 00 (Oil-cake and other solid residues of soya-bean) GST: 5% Role: Export and merchanting trade
  • Pulses / Beans (Toor, Lentils, Chickpeas, etc.) HSN 0713 GST: 5% Role: Import and merchanting trade
  • Oil Seeds (Mustard, Rapeseed, Sesame) HSN 1207 GST: 5% Role: Export
  • Animal/Poultry Feed Ingredients (DORB, CGF, Cakes) HSN 2304 / 2306 / 2309 GST: 5–18% Role: Export
  • Sugar (ICUMSA) HSN 1701 GST: 5% Role: Export and merchanting trade
  • Raw Cashew Nut (RCN) HSN 0801 31 00 GST: 5% Role: Import and merchanting trade

D. Fertilizers & Soil Conditioners (Chapter 31)

  • Urea (Fertilizer grade) HSN 3102 10 10 (Fertilizer grade, IS 5406) / 3102 10 90 (Other) GST: 5% Role: Import and merchanting trade
  • Sulphur HSN 2503 00 10 / 2503 00 90 (or 2802 for certain refined forms) GST: 5–18% (verify specific form)
  • Aalphaa Soil Conditioner / Organic Soil Amendments HSN 3101 00 99 (Other animal or vegetable fertilizers) or closest applicable under Chapter 31 GST: Nil (unbranded organic) or 5% Role: Trading / New vertical

E. Metals & Scrap (Chapters 72, 76)

  • HMS 1 & 2 (Heavy Melting Scrap) HSN 7204 49 00 GST: 18% Role: Import
  • Aluminium Ingots (Alloy / Non-Alloy) HSN 7601 10 10 (Not alloyed – Ingots) / 7601 20 10 (Aluminium alloys – Ingots) GST: 18% Role: Export and merchanting trade
  • Steel Pipes (Carbon Steel / MS / Welded / Seamless) HSN 7304 (Seamless) / 7306 (Other tubes & pipes, welded) GST: 18% Role: Export and merchanting trade

F. Healthcare / Pharmaceuticals (Chapter 30)

  • Medicines (Oncology, Anticancer, Weight Loss/Diabetes, Ayurvedic, etc.) HSN 3004 (Medicaments put up in measured doses or for retail sale) GST: 5% or 12% (depending on specific formulation and schedule) Role: Export
  • General Drugs & Medicines HSN 3004 (primary) Note: 9804 is generally for personal imports / baggage and not the standard commercial code. Role: Export
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