HSN Code 27121090: Petroleum Jelly | Other

HSN Code 27121090 represents Petroleum Jelly | Other under GST classification. This code helps businesses identify Petroleum Jelly | Other correctly for billing, taxation, and trade. With HSN Code 27121090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Petroleum Jelly | Other.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 27121090

HSN Code 27121090 relates to the following description.

Description of Goods

Petroleum jelly : Other

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 27121090 not include?

Petroleum Jelly | Other 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 27121090 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

₹876 Cr

−0.28% vs FY 2023-24

0.0238% of India’s total exports

India’s Imports

FY 2024-25

₹38 Cr

+15.24% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹839 Cr

Trade Surplus

Surplus rank #407 of 12657 HSN codes

% of Sub-Chapter 2712

FY 2024-25

88.60%

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

Import side: 2.45% of Sub-Chapter 2712’s imports

Rank Within Sub-Chapter 2712

FY 2024-25

#1 of 10

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

Import-side rank: #6 of 10

At a glance

10.64%

Export CAGR

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

#589

National Export Rank

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

+43.44%

Peak Growth Year

FY 2022-23 · strongest single-year move

88.60%

Contribution to Sub-Ch. 2712

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #678

Balance

+459.06

Exports

477.60 ₹ Cr

0.0209% share

YoY

82.79% of Sub-Ch. 2712

Imports

18.54 ₹ Cr

0.0005% share

YoY

2.11% of Sub-Ch. 2712

FY 2019-20 Exp. Rank #679

Balance

+458.93

Exports

472.12 ₹ Cr

0.0214% share

−1.15% YoY

88.04% of Sub-Ch. 2712

Imports

13.19 ₹ Cr

0.0004% share

−28.86% YoY

1.70% of Sub-Ch. 2712

FY 2020-21 Exp. Rank #726

Balance

+451.35

Exports

466.85 ₹ Cr

0.0217% share

−1.12% YoY

86.46% of Sub-Ch. 2712

Imports

15.50 ₹ Cr

0.0005% share

+17.51% YoY

1.89% of Sub-Ch. 2712

FY 2021-22 Exp. Rank #786

Balance

+531.12

Exports

553.39 ₹ Cr

0.0176% share

+18.54% YoY

74.24% of Sub-Ch. 2712

Imports

22.27 ₹ Cr

0.0005% share

+43.68% YoY

1.84% of Sub-Ch. 2712

FY 2022-23 Exp. Rank #614

Balance

+765.59

Exports

793.81 ₹ Cr

0.0219% share

+43.44% YoY

89.28% of Sub-Ch. 2712

Imports

28.22 ₹ Cr

0.0005% share

+26.72% YoY

1.79% of Sub-Ch. 2712

FY 2023-24 Exp. Rank #568

Balance

+846.04

Exports

878.71 ₹ Cr

0.0243% share

+10.70% YoY

90.83% of Sub-Ch. 2712

Imports

32.67 ₹ Cr

0.0006% share

+15.77% YoY

2.11% of Sub-Ch. 2712

FY 2024-25 Exp. Rank #589

Balance

+838.59

Exports

876.24 ₹ Cr

0.0238% share

−0.28% YoY

88.60% of Sub-Ch. 2712

Imports

37.65 ₹ Cr

0.0006% share

+15.24% YoY

2.45% of Sub-Ch. 2712

CAGR · 7-Year

Exports

10.64% /yr

Imports

12.53% /yr

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 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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 27121090 and GST compliance.

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.

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.