--- title: "HSN Code for Other | Micro-Crystalline Petroleum Wax | HSN 27129010 GST Rate" description: "Find HSN and GST Rates for 27129010 related to Other | Micro-Crystalline Petroleum Wax with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27129010/" --- # HSN Code 27129010: Other | Micro-Crystalline Petroleum Wax - [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 | | --- | --- | --- | --- | --- | | Other : Micro-crystalline petroleum wax | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27129010 ? It includes Other | Micro-Crystalline Petroleum Wax ### Do e‑way bill and e‑invoice apply for Other / Micro-Crystalline Petroleum Wax? 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 Other / Micro-Crystalline Petroleum Wax? Under HSN 27129010, Other / Micro-Crystalline Petroleum Wax attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Other / Micro-Crystalline Petroleum Wax? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Other / Micro-Crystalline Petroleum Wax? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Other / Micro-Crystalline Petroleum Wax is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Micro-Crystalline Petroleum Wax; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other / Micro-Crystalline Petroleum Wax? 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. ## India's trade performance: HSN Code 27129010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹27 Cr (+83.83% YoY) — 0.0007% of India's total exports - Imports: ₹325 Cr (+9.01% YoY) — 0.0054% of India's total imports - Trade balance: −₹298 Cr (Deficit); surplus rank #11586 of 12657 HSN codes - Share of Sub-Chapter 2712: 2.76% of its exports; import side 21.19% - Rank within Sub-Chapter 2712: #4 of 10 by export value; import-side #2 ### Key metrics - Export CAGR: 19.47% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4459 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +103.90% in FY 2021-22 - Contribution to Sub-Ch. 2712: 2.76% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27129010 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 | 9.38 | 0.0004% | — | 1.63% | 226.81 | 0.0063% | — | 25.77% | −217.43 | #5054 | | FY 2019-20 | 9.35 | 0.0004% | −0.32% | 1.74% | 180.77 | 0.0054% | −20.30% | 23.25% | −171.42 | #5101 | | FY 2020-21 | 12.04 | 0.0006% | +28.77% | 2.23% | 200.94 | 0.0069% | +11.16% | 24.56% | −188.90 | #4836 | | FY 2021-22 | 24.55 | 0.0008% | +103.90% | 3.29% | 207.17 | 0.0045% | +3.10% | 17.11% | −182.62 | #4315 | | FY 2022-23 | 13.66 | 0.0004% | −44.36% | 1.54% | 307.31 | 0.0053% | +48.34% | 19.44% | −293.65 | #5206 | | FY 2023-24 | 14.84 | 0.0004% | +8.64% | 1.53% | 298.43 | 0.0053% | −2.89% | 19.25% | −283.59 | #5177 | | FY 2024-25 | 27.28 | 0.0007% | +83.83% | 2.76% | 325.32 | 0.0054% | +9.01% | 21.19% | −298.04 | #4459 | - CAGR (7-year): exports 19.47%/yr, imports 6.20%/yr (consistently Deficit) ## Key trade insights: HSN Code 27129010 export-import analysis ### Consistent export growth: 19.47% CAGR over 7 years India's exports under HSN Code 27129010 have grown at a compound annual rate of 19.47% over 7 fiscal years, rising from ₹9.38 Crore in FY 2018-19 to ₹27.28 Crore in FY 2024-25. ### HSN Code 27129010 ranked #4459 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 27129010 ranks #4459 out of 12657 HSN codes by total export value. Within Sub-Chapter 2712, it ranks #4 of 10. By trade surplus, it ranks #11586 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 27129010 exports The strongest single-year export movement for HSN Code 27129010 was recorded in FY 2021-22, when exports surged by 103.90% over the prior year. ### India records a trade deficit of ₹298.04 Crore in HSN Code 27129010 goods In FY 2024-25, India's imports of ₹325.32 Cr exceeded exports of ₹27.28 Cr, resulting in a trade deficit of ₹298.04 Crore — ranking #11586 of 12657 by surplus magnitude. ### Import growth of 6.20% CAGR signals stable import dependency for Other | Micro-Crystalline Petroleum Wax India's imports under HSN Code 27129010 have grown at 6.20% CAGR, reaching ₹325.32 Crore in FY 2024-25. ### HSN Code 27129010 contributes 2.76% of Sub-Chapter 2712 exports — ranked #4 Among the 10 HSN codes under Sub-Chapter 2712, HSN Code 27129010 ranks #4 by export value — accounting for 2.76% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 21.19% share (rank #2). ## 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](https://busy.in/hsn/hsn-27122000/) | ₹32 Cr | | #4 | HSN Code 27129010: Other \| Micro-Crystalline Petroleum Wax (this hsn code) | ₹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/) | — |