HSN Code 27129010 represents Other | Micro-Crystalline Petroleum Wax under GST classification. This code helps businesses identify Other | Micro-Crystalline Petroleum Wax correctly for billing, taxation, and trade. With HSN Code 27129010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Micro-Crystalline Petroleum Wax.
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HSN Code 27129010 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
Other : Micro-crystalline petroleum wax
9%
9%
18%
0%
Description of Goods
Other : Micro-crystalline petroleum wax
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%
Other | Micro-Crystalline Petroleum Wax does not include products with the following descriptions.
Petroleum jelly : Crude
Petroleum jelly : Other
Paraffin wax containing by weight less than 0.75 % of oil
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 : 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
Paraffin wax containing by weight less than 0.75 % of oil
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 : 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₹27 Cr
0.0007% of India’s total exports
India’s Imports
FY 2024-25₹325 Cr
0.0054% of India’s total imports
Trade Balance
FY 2024-25−₹298 Cr
Surplus rank #11586 of 12657 HSN codes
% of Sub-Chapter 2712
FY 2024-252.76%
Share of Sub-Chapter 2712’s total exports in FY 2024-25
Import side: 21.19% of Sub-Chapter 2712’s imports
Rank Within Sub-Chapter 2712
FY 2024-25#4 of 10
Position by export value among HSN codes in Sub-Chapter 2712
Import-side rank: #2 of 10
At a glance
19.47%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4459
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+103.90%
Peak Growth Year
FY 2021-22 · strongest single-year move
2.76%
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
−217.43
Exports
9.38 ₹ Cr
0.0004% share
— YoY
1.63% of Sub-Ch. 2712
Imports
226.81 ₹ Cr
0.0063% share
— YoY
25.77% of Sub-Ch. 2712
Balance
−171.42
Exports
9.35 ₹ Cr
0.0004% share
−0.32% YoY
1.74% of Sub-Ch. 2712
Imports
180.77 ₹ Cr
0.0054% share
−20.30% YoY
23.25% of Sub-Ch. 2712
Balance
−188.90
Exports
12.04 ₹ Cr
0.0006% share
+28.77% YoY
2.23% of Sub-Ch. 2712
Imports
200.94 ₹ Cr
0.0069% share
+11.16% YoY
24.56% of Sub-Ch. 2712
Balance
−182.62
Exports
24.55 ₹ Cr
0.0008% share
+103.90% YoY
3.29% of Sub-Ch. 2712
Imports
207.17 ₹ Cr
0.0045% share
+3.10% YoY
17.11% of Sub-Ch. 2712
Balance
−293.65
Exports
13.66 ₹ Cr
0.0004% share
−44.36% YoY
1.54% of Sub-Ch. 2712
Imports
307.31 ₹ Cr
0.0053% share
+48.34% YoY
19.44% of Sub-Ch. 2712
Balance
−283.59
Exports
14.84 ₹ Cr
0.0004% share
+8.64% YoY
1.53% of Sub-Ch. 2712
Imports
298.43 ₹ Cr
0.0053% share
−2.89% YoY
19.25% of Sub-Ch. 2712
Balance
−298.04
Exports
27.28 ₹ Cr
0.0007% share
+83.83% YoY
2.76% of Sub-Ch. 2712
Imports
325.32 ₹ Cr
0.0054% share
+9.01% YoY
21.19% of Sub-Ch. 2712
CAGR · 7-Year
Exports
19.47% /yr
Imports
6.20% /yr
reference, FY 2024-25
Export
₹988.99 Cr
Import
₹1,535.41 Cr
Trade Balance
−546.42
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.
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.
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.
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.
India's imports under HSN Code 27129010 have grown at 6.20% CAGR, reaching ₹325.32 Crore in FY 2024-25.
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).
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 27129010 and GST compliance.
It includes 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.
Under HSN 27129010, Other / Micro-Crystalline Petroleum Wax attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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).
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.