--- title: "HSN Code for Petroleum Jelly | Crude | HSN 27121010 GST Rate" description: "Find HSN and GST Rates for 27121010 related to Petroleum Jelly | Crude with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27121010/" --- # HSN Code 27121010: Petroleum Jelly | Crude - [Section 05: Guide to HSN Section 05](https://busy.in/hsn/section-05/) - [Chapter 27: Bituminous Substances, Mineral fuel & Oils](https://busy.in/hsn/chapter-27/) - [Sub-chapter 2712: Mineral waxes](https://busy.in/hsn/sub-chapter-2712/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Petroleum jelly : Crude | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27121010 ? It includes Petroleum Jelly | Crude ### Do e‑way bill and e‑invoice apply for Petroleum Jelly / Crude? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Can we claim ITC on inputs used to trade Petroleum Jelly / Crude? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Petroleum Jelly / Crude? Under HSN 27121010, Petroleum Jelly / Crude attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Petroleum Jelly / Crude is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Petroleum Jelly / Crude; Nil for exempt items if applicable). ### Any common misclassification issue with Petroleum Jelly / Crude? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Petroleum Jelly / Crude? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ## India's trade performance: HSN Code 27121010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+88.00% YoY) — 0.0000% of India's total exports - Imports: Nil (−100.00% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4822 of 12657 HSN codes - Share of Sub-Chapter 2712: 0.05% of its exports; import side 0.00% - Rank within Sub-Chapter 2712: #6 of 10 by export value ### Key metrics - Export CAGR: 17.35% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8867 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +3,000.00% in FY 2021-22 - Contribution to Sub-Ch. 2712: 0.05% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27121010 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2712 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2712 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.03% | 1.31 | 0.0000% | — | 0.15% | −1.13 | #8880 | | FY 2019-20 | < ₹1 Crore | 0.0000% | −83.33% | 0.01% | < ₹1 Crore | 0.0000% | −65.65% | 0.06% | −0.42 | #9613 | | FY 2020-21 | < ₹1 Crore | 0.0000% | 0.00% | 0.01% | < ₹1 Crore | 0.0000% | −4.44% | 0.05% | −0.40 | #9719 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +3,000.00% | 0.12% | < ₹1 Crore | 0.0000% | −18.60% | 0.03% | +0.58 | #8048 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −61.29% | 0.04% | < ₹1 Crore | 0.0000% | −91.43% | 0.00% | +0.33 | #8933 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −30.56% | 0.03% | < ₹1 Crore | 0.0000% | −66.67% | 0.00% | +0.24 | #9307 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +88.00% | 0.05% | Nil | 0.0000% | −100.00% | 0.00% | +0.47 | #8867 | - CAGR (7-year): exports 17.35%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 27121010 export-import analysis ### Consistent export growth: 17.35% CAGR over 7 years India's exports under HSN Code 27121010 have grown at a compound annual rate of 17.35% over 7 fiscal years, rising from ₹0.18 Crore in FY 2018-19 to ₹0.47 Crore in FY 2024-25. ### HSN Code 27121010 ranked #8867 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 27121010 ranks #8867 out of 12657 HSN codes by total export value. Within Sub-Chapter 2712, it ranks #6 of 10. By trade surplus, it ranks #4822 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 27121010 exports The strongest single-year export movement for HSN Code 27121010 was recorded in FY 2021-22, when exports surged by 3,000.00% over the prior year. ### India maintains a trade surplus of ₹0.47 Crore in HSN Code 27121010 goods In FY 2024-25, India's exports of ₹0.47 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.47 Crore — ranking #4822 of 12657 by surplus magnitude. ### HSN Code 27121010 contributes 0.05% of Sub-Chapter 2712 exports — ranked #6 Among the 10 HSN codes under Sub-Chapter 2712, HSN Code 27121010 ranks #6 by export value — accounting for 0.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## Related HSN Codes in Sub-Chapter 2712 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 27121090: Petroleum Jelly \| Other](https://busy.in/hsn/hsn-27121090/) | ₹876 Cr | | #2 | [HSN Code 27129090: Mineral Waxes & Products \| Other](https://busy.in/hsn/hsn-27129090/) | ₹38 Cr | | #3 | [HSN Code 27122000: Paraffin Wax Below 0.75% Oil](https://busy.in/hsn/hsn-27122000/) | ₹32 Cr | | #4 | [HSN Code 27129010: Other \| Micro-Crystalline Petroleum Wax](https://busy.in/hsn/hsn-27129010/) | ₹27 Cr | | #5 | [HSN Code 27129040: Other Paraffin Wax Below 0.75% Oil](https://busy.in/hsn/hsn-27129040/) | ₹15 Cr | | #6 | HSN Code 27121010: Petroleum Jelly \| Crude (this hsn code) | < ₹1 Crore | | #7 | [HSN Code 27129030: Other \| Slack Wax](https://busy.in/hsn/hsn-27129030/) | < ₹1 Crore | | — | [HSN Code 27129020: Other \| Lignite Wax](https://busy.in/hsn/hsn-27129020/) | Nil | | — | [HSN Code 27122010: Paraffin Wax Less Than 0.75% Oil: Other](https://busy.in/hsn/hsn-27122010/) | — | | — | [HSN Code 27122090: Petroleum Coke: Not Calcined](https://busy.in/hsn/hsn-27122090/) | — |