HSN Code 27121010: Petroleum Jelly | Crude

HSN Code 27121010 represents Petroleum Jelly | Crude under GST classification. This code helps businesses identify Petroleum Jelly | Crude correctly for billing, taxation, and trade. With HSN Code 27121010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Petroleum Jelly | Crude.

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Description of Goods for HSN Code 27121010

HSN Code 27121010 relates to the following description.

Description of Goods

Petroleum jelly : Crude

Chapter

27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

Sub Chapter

2712 - Petroleum jelly, paraffin wax, microcrystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 27121010 not include?

Petroleum Jelly | Crude does not include products with the following descriptions.

Petroleum jelly, paraffin wax, microcrystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured - paraffin wax containing by weight less than 0.75 % of oil: chlorinated paraffin wax

Petroleum jelly, paraffin wax, microcrystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured - paraffin wax containing by weight less than 0.75 % of oil: other

India’s Trade Performance — HSN Code 27121010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

< ₹1 Crore

+88.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4822 of 12657 HSN codes

% of Sub-Chapter 2712

FY 2024-25

0.05%

Share of Sub-Chapter 2712’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 2712’s imports

Rank Within Sub-Chapter 2712

FY 2024-25

#6 of 10

Position by export value among HSN codes in Sub-Chapter 2712

At a glance

17.35%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8867

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+3,000.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.05%

Contribution to Sub-Ch. 2712

Share of Sub-Chapter 2712 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #8880

Balance

−1.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 2712

Imports

1.31 ₹ Cr

0.0000% share

YoY

0.15% of Sub-Ch. 2712

FY 2019-20 Exp. Rank #9613

Balance

−0.42

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−83.33% YoY

0.01% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−65.65% YoY

0.06% of Sub-Ch. 2712

FY 2020-21 Exp. Rank #9719

Balance

−0.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.01% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−4.44% YoY

0.05% of Sub-Ch. 2712

FY 2021-22 Exp. Rank #8048

Balance

+0.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+3,000.00% YoY

0.12% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−18.60% YoY

0.03% of Sub-Ch. 2712

FY 2022-23 Exp. Rank #8933

Balance

+0.33

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−61.29% YoY

0.04% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−91.43% YoY

0.00% of Sub-Ch. 2712

FY 2023-24 Exp. Rank #9307

Balance

+0.24

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−30.56% YoY

0.03% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.00% of Sub-Ch. 2712

FY 2024-25 Exp. Rank #8867

Balance

+0.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+88.00% YoY

0.05% of Sub-Ch. 2712

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2712

CAGR · 7-Year

Exports

17.35% /yr

Imports

Consistently Surplus
Sub-Chapter 2712 total

reference, FY 2024-25

Export

₹988.99 Cr

Import

₹1,535.41 Cr

Trade Balance

−546.42

Peak export growth year Latest available data Not available YoY = change vs previous FY

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.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 27121010 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.