HS code 2703 00 10: Peat whether or not compressed into bales but not agglomerated

HS code 2703 00 10 covers peat whether or not compressed into bales but not agglomerated in chapter 27 (mineral fuels, mineral oils and waxes). Total import duty is about 21.24% of the import value; DGFT import policy: Free.

Total import dutyabout 21.24%
Basic customs duty2.5%
IGST18%
Import policyFree
Export policyFree
Anti-dumpingNone found

Updated 2026-11-01 from official lists, including Budget 2026 and later customs notifications.

Check a chemical on this line Check a whole list

Key facts

Tariff item (8-digit HS code)2703 00 10
DescriptionPeat whether or not compressed into bales but not agglomerated
Chapter27: Mineral fuels, mineral oils and waxes
Heading2703
Unitkg.
Basic customs duty (tariff rate)2.5%
Basic customs duty charged2.5%
Social welfare surcharge10% of BCD
IGST18%
Total import dutyabout 21.24% of the import value
DGFT import policyFree
DGFT export policyFree

Import duty (with Budget 2026 changes)

  • About ₹21,240 duty on every ₹1,00,000 of import value (CIF).
  • Basic customs duty 2.5% is the tariff rate set by the Finance Act 2026 (Budget 2026), from 1 May 2026.

DGFT import and export policy

  • Import: Free.
  • Export: Free.

India's imports and exports

  • India imported 15,120 tonnes in 2025-26 (down 7.2% on 2024-25) under tariff item 27030010, “Peat w/n cmprssd into bals bt nt aglmrtd”.
  • India exported 220 tonnes in 2025-26 under tariff item 27030010, “Peat w/n cmprssd into bals bt nt aglmrtd”.

Questions about HS code 2703 00 10

What is the import duty on HS code 2703 00 10 in India?

About 21.24% of the import value: basic customs duty 2.5%, social welfare surcharge 10% of BCD and IGST 18%. IGST can usually be claimed back as input tax credit.

Is the import of peat whether or not compressed into bales but not agglomerated free in India?

DGFT import policy for HS code 2703 00 10 is Free.

Can peat whether or not compressed into bales but not agglomerated be exported from India?

DGFT export policy for HS code 2703 00 10 is Free.

Other lines under heading 2703

2703 00 90: Other

Sources: Customs Tariff of India (CBIC) · Notification 45/2025-Customs and Budget 2026 amendments · IGST rates, Notification 9/2025-Integrated Tax (Rate) · DGFT ITC(HS) import and export policy · CBIC Customs (ADD) notifications · Export Import Data Bank (DGCI&S). Guidance from official lists, not legal advice; confirm the classification with your customs broker.