Export HS Code 27102000 (Other: Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic) to Maldives
HS Code Details
| Code | 27102000 |
| Description | Other: Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic |
| Chapter | 27 |
| Section | V — Mineral Products |
| Duty Rate | Preferential rate may apply under SAFTA |
🇲🇻 Maldives
| Capital | Male |
| Currency | Rufiyaa |
| Region | Southern Asia |
| Trade Agreement | SAFTA |
Trade Snapshot
India exported $10K of products under HS 271020 to Maldives in FY 2023-2024 — -56.7% YoY.
Trade data shown for parent category HS 271020
Exporting Other: Petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic to Maldives
Trade Agreement Benefit: India and Maldives have a SAFTA which may offer preferential duty rates for this product category.
Exporting other: petroleum oils and oils obtained from bituminous minerals (other than crude) and preparations not elsewhere specified or included, containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic (HS Code 27102000) from India to Maldives requires careful attention to documentation, packaging standards, and customs regulations.
Indian exporters should ensure compliance with both Indian export regulations (DGFT) and Maldives's import requirements including proper classification under HS 27102000, accurate valuation, and meeting any product-specific standards.
For customs declarations, use the 8-digit tariff code 27102000 which provides the most specific product classification under India's customs tariff.
Documentation Required
Commercial Invoice
Detailed invoice with buyer/seller details, product description, quantity, price, and Incoterms.
Packing List
Itemized list of contents, weights, dimensions, and package markings for each shipment unit.
Bill of Lading / Airway Bill
Transport document issued by the carrier confirming receipt of goods for shipment.
Certificate of Origin
Certifies that goods originate from India. Required for preferential tariff treatment under trade agreements.
Shipping Bill
Filed with Indian Customs for export clearance. Generated through ICEGATE.
Letter of Credit / Bank Documents
Payment guarantee instrument. Commonly used for first-time trade partners.
Insurance Certificate
Proof of marine/cargo insurance covering the shipment against loss or damage.
Other Indian Exports to Maldives
Top product categories exported from India to Maldives
Semi-milled or wholly milled rice, whether or not polished or glazed:
Other:
Other monumental or building stone:
Containing indentations, ribs, grooves or other deformations produced during the rolling process or
Of rectangular (other than square) cross-section:
Onions and shallots:
Other:
Of an output exceeding 375 kva
More HS Codes in Chapter 27
Coal; Briquettes, Ovoids And Similar Solid Fuels Manufactured From Coal - Coal, Whether Or Not Pulverised, But Not Agglomerated :
Coal, whether or not pulverized, but not agglomerated: Anthracite
Coal, whether or not pulverized, but not agglomerated: Bituminous coal
Other coal:
Other coal: Coking coal
Other coal: Steam coal
Other Export Destinations for HS 27102000
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