HSN Code 27122000 represents Paraffin Wax Below 0.75% Oil under GST classification. This code helps businesses identify Paraffin Wax Below 0.75% Oil correctly for billing, taxation, and trade. With HSN Code 27122000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Paraffin Wax Below 0.75% Oil.
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HSN Code 27122000 relates to the following description.
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
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
9%
9%
18%
0%
Description of Goods
Paraffin wax containing by weight less than 0.75 % of oil
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%
Paraffin Wax Below 0.75% Oil does not include products with the following descriptions.
Petroleum jelly : Crude
Petroleum jelly : Other
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
Other : Micro-crystalline petroleum wax
Other : Lignite wax
Other : Slack wax
Other : Paraffin wax containing by weight less than 0.75 % of oil
Other : Other
Petroleum jelly : Crude
Petroleum jelly : Other
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
Other : Micro-crystalline petroleum wax
Other : Lignite wax
Other : Slack wax
Other : Paraffin wax containing by weight less than 0.75 % of oil
Other : Other
India’s Exports
FY 2024-25₹32 Cr
0.0009% of India’s total exports
India’s Imports
FY 2024-25₹165 Cr
0.0027% of India’s total imports
Trade Balance
FY 2024-25−₹133 Cr
Surplus rank #11017 of 12657 HSN codes
% of Sub-Chapter 2712
FY 2024-253.24%
Share of Sub-Chapter 2712’s total exports in FY 2024-25
Import side: 10.73% of Sub-Chapter 2712’s imports
Rank Within Sub-Chapter 2712
FY 2024-25#3 of 10
Position by export value among HSN codes in Sub-Chapter 2712
Import-side rank: #5 of 10
At a glance
−11.79%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4236
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+229.44%
Peak Growth Year
FY 2021-22 · strongest single-year move
3.24%
Contribution to Sub-Ch. 2712
Share of Sub-Chapter 2712 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−64.94
Exports
67.94 ₹ Cr
0.0030% share
— YoY
11.78% of Sub-Ch. 2712
Imports
132.88 ₹ Cr
0.0037% share
— YoY
15.10% of Sub-Ch. 2712
Balance
−55.36
Exports
38.99 ₹ Cr
0.0018% share
−42.61% YoY
7.27% of Sub-Ch. 2712
Imports
94.35 ₹ Cr
0.0028% share
−29.00% YoY
12.13% of Sub-Ch. 2712
Balance
−31.76
Exports
43.68 ₹ Cr
0.0020% share
+12.03% YoY
8.09% of Sub-Ch. 2712
Imports
75.44 ₹ Cr
0.0026% share
−20.04% YoY
9.22% of Sub-Ch. 2712
Balance
−79.00
Exports
143.90 ₹ Cr
0.0046% share
+229.44% YoY
19.31% of Sub-Ch. 2712
Imports
222.90 ₹ Cr
0.0049% share
+195.47% YoY
18.41% of Sub-Ch. 2712
Balance
−202.56
Exports
50.83 ₹ Cr
0.0014% share
−64.68% YoY
5.72% of Sub-Ch. 2712
Imports
253.39 ₹ Cr
0.0044% share
+13.68% YoY
16.03% of Sub-Ch. 2712
Balance
−207.80
Exports
30.40 ₹ Cr
0.0008% share
−40.19% YoY
3.14% of Sub-Ch. 2712
Imports
238.20 ₹ Cr
0.0042% share
−5.99% YoY
15.36% of Sub-Ch. 2712
Balance
−132.82
Exports
32.00 ₹ Cr
0.0009% share
+5.26% YoY
3.24% of Sub-Ch. 2712
Imports
164.82 ₹ Cr
0.0027% share
−30.81% YoY
10.73% of Sub-Ch. 2712
CAGR · 7-Year
Exports
−11.79% /yr
Imports
3.66% /yr
reference, FY 2024-25
Export
₹988.99 Cr
Import
₹1,535.41 Cr
Trade Balance
−546.42
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.
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.
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.
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.
India's imports under HSN Code 27122000 have grown at 3.66% CAGR, reaching ₹164.82 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 27122000 and GST compliance.
It includes Paraffin Wax Below 0.75% Oil
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).
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Under HSN 27122000, Paraffin Wax Below 0.75% Oil attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.