--- title: "HSN Code for Paraffin Wax Below 0.75% Oil | HSN 27122000 GST Rate" description: "Find HSN and GST Rates for 27122000 related to Paraffin Wax Below 0.75% Oil with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27122000/" --- # HSN Code 27122000: Paraffin Wax Below 0.75% Oil - [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 | | --- | --- | --- | --- | --- | | Paraffin wax containing by weight less than 0.75 % of oil | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27122000 ? It includes Paraffin Wax Below 0.75% Oil ### How should mixed supplies be billed when Paraffin Wax Below 0.75% Oil is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Paraffin Wax Below 0.75% Oil; Nil for exempt items if applicable). ### Any common misclassification issue with Paraffin Wax Below 0.75% Oil? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Paraffin Wax Below 0.75% Oil? 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. ### How much GST applies to Paraffin Wax Below 0.75% Oil? Under HSN 27122000, Paraffin Wax Below 0.75% Oil attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Paraffin Wax Below 0.75% Oil? 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. ### Can we claim ITC on inputs used to trade Paraffin Wax Below 0.75% Oil? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 27122000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹32 Cr (+5.26% YoY) — 0.0009% of India's total exports - Imports: ₹165 Cr (−30.81% YoY) — 0.0027% of India's total imports - Trade balance: −₹133 Cr (Deficit); surplus rank #11017 of 12657 HSN codes - Share of Sub-Chapter 2712: 3.24% of its exports; import side 10.73% - Rank within Sub-Chapter 2712: #3 of 10 by export value; import-side #5 ### Key metrics - Export CAGR: -11.79% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4236 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +229.44% in FY 2021-22 - Contribution to Sub-Ch. 2712: 3.24% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27122000 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 | 67.94 | 0.0030% | — | 11.78% | 132.88 | 0.0037% | — | 15.10% | −64.94 | #2463 | | FY 2019-20 | 38.99 | 0.0018% | −42.61% | 7.27% | 94.35 | 0.0028% | −29.00% | 12.13% | −55.36 | #3249 | | FY 2020-21 | 43.68 | 0.0020% | +12.03% | 8.09% | 75.44 | 0.0026% | −20.04% | 9.22% | −31.76 | #3126 | | FY 2021-22 | 143.90 | 0.0046% | +229.44% | 19.31% | 222.90 | 0.0049% | +195.47% | 18.41% | −79.00 | #1990 | | FY 2022-23 | 50.83 | 0.0014% | −64.68% | 5.72% | 253.39 | 0.0044% | +13.68% | 16.03% | −202.56 | #3453 | | FY 2023-24 | 30.40 | 0.0008% | −40.19% | 3.14% | 238.20 | 0.0042% | −5.99% | 15.36% | −207.80 | #4222 | | FY 2024-25 | 32.00 | 0.0009% | +5.26% | 3.24% | 164.82 | 0.0027% | −30.81% | 10.73% | −132.82 | #4236 | - CAGR (7-year): exports -11.79%/yr, imports 3.66%/yr (consistently Deficit) ## Key trade insights: HSN Code 27122000 export-import analysis ### Export decline: -11.79% CAGR over 7 years India's exports under HSN Code 27122000 have declined at a compound annual rate of -11.79% over 7 fiscal years, falling from ₹67.94 Crore in FY 2018-19 to ₹32.00 Crore in FY 2024-25. ### HSN Code 27122000 ranked #4236 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 27122000 ranks #4236 out of 12657 HSN codes by total export value. Within Sub-Chapter 2712, it ranks #3 of 10. By trade surplus, it ranks #11017 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 27122000 exports The strongest single-year export movement for HSN Code 27122000 was recorded in FY 2021-22, when exports surged by 229.44% over the prior year. ### India records a trade deficit of ₹132.82 Crore in HSN Code 27122000 goods In FY 2024-25, India's imports of ₹164.82 Cr exceeded exports of ₹32.00 Cr, resulting in a trade deficit of ₹132.82 Crore — ranking #11017 of 12657 by surplus magnitude. ### Import growth of 3.66% CAGR signals stable import dependency for Paraffin Wax Below 0.75% Oil India's imports under HSN Code 27122000 have grown at 3.66% CAGR, reaching ₹164.82 Crore in FY 2024-25. ### HSN Code 27122000 contributes 3.24% of Sub-Chapter 2712 exports — ranked #3 Among the 10 HSN codes under Sub-Chapter 2712, HSN Code 27122000 ranks #3 by export value — accounting for 3.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.73% share (rank #5). ## 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 (this hsn code) | ₹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/) | — |