--- title: "HSN Code for Petroleum Jelly | Other | HSN 27121090 GST Rate" description: "Find HSN and GST Rates for 27121090 related to Petroleum Jelly | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27121090/" --- # HSN Code 27121090: Petroleum Jelly | Other - [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 : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27121090 ? It includes Petroleum Jelly | Other ### Does packaging or labelling change the GST for Petroleum Jelly / Other? 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. ### How much GST applies to Petroleum Jelly / Other? Under HSN 27121090, Petroleum Jelly / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Petroleum Jelly / Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Petroleum Jelly / Other? 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. ### Any common misclassification issue with Petroleum Jelly / Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 27121090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹876 Cr (−0.28% YoY) — 0.0238% of India's total exports - Imports: ₹38 Cr (+15.24% YoY) — 0.0006% of India's total imports - Trade balance: ₹839 Cr (Surplus); surplus rank #407 of 12657 HSN codes - Share of Sub-Chapter 2712: 88.60% of its exports; import side 2.45% - Rank within Sub-Chapter 2712: #1 of 10 by export value; import-side #6 ### Key metrics - Export CAGR: 10.64% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #589 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +43.44% in FY 2022-23 - Contribution to Sub-Ch. 2712: 88.60% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27121090 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 | 477.60 | 0.0209% | — | 82.79% | 18.54 | 0.0005% | — | 2.11% | +459.06 | #678 | | FY 2019-20 | 472.12 | 0.0214% | −1.15% | 88.04% | 13.19 | 0.0004% | −28.86% | 1.70% | +458.93 | #679 | | FY 2020-21 | 466.85 | 0.0217% | −1.12% | 86.46% | 15.50 | 0.0005% | +17.51% | 1.89% | +451.35 | #726 | | FY 2021-22 | 553.39 | 0.0176% | +18.54% | 74.24% | 22.27 | 0.0005% | +43.68% | 1.84% | +531.12 | #786 | | FY 2022-23 | 793.81 | 0.0219% | +43.44% | 89.28% | 28.22 | 0.0005% | +26.72% | 1.79% | +765.59 | #614 | | FY 2023-24 | 878.71 | 0.0243% | +10.70% | 90.83% | 32.67 | 0.0006% | +15.77% | 2.11% | +846.04 | #568 | | FY 2024-25 | 876.24 | 0.0238% | −0.28% | 88.60% | 37.65 | 0.0006% | +15.24% | 2.45% | +838.59 | #589 | - CAGR (7-year): exports 10.64%/yr, imports 12.53%/yr (consistently Surplus) ## Key trade insights: HSN Code 27121090 export-import analysis ### Consistent export growth: 10.64% CAGR over 7 years India's exports under HSN Code 27121090 have grown at a compound annual rate of 10.64% over 7 fiscal years, rising from ₹477.60 Crore in FY 2018-19 to ₹876.24 Crore in FY 2024-25. ### HSN Code 27121090 ranked #589 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 27121090 ranks #589 out of 12657 HSN codes by total export value. Within Sub-Chapter 2712, it ranks #1 of 10. By trade surplus, it ranks #407 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 27121090 exports The strongest single-year export movement for HSN Code 27121090 was recorded in FY 2022-23, when exports surged by 43.44% over the prior year. ### India maintains a trade surplus of ₹838.59 Crore in HSN Code 27121090 goods In FY 2024-25, India's exports of ₹876.24 Cr exceeded imports of ₹37.65 Cr, resulting in a trade surplus of ₹838.59 Crore — ranking #407 of 12657 by surplus magnitude. ### Import growth of 12.53% CAGR signals rising demand for Petroleum Jelly | Other India's imports under HSN Code 27121090 have grown at 12.53% CAGR, reaching ₹37.65 Crore in FY 2024-25. ### HSN Code 27121090 contributes 88.60% of Sub-Chapter 2712 exports — ranked #1 Among the 10 HSN codes under Sub-Chapter 2712, HSN Code 27121090 ranks #1 by export value — accounting for 88.60% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.45% share (rank #6). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-27121010/) | < ₹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/) | — |