HSN Code 27129020: Other | Lignite Wax

HSN Code 27129020 represents Other | Lignite Wax under GST classification. This code helps businesses identify Other | Lignite Wax correctly for billing, taxation, and trade. With HSN Code 27129020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Lignite Wax.

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Description of Goods for HSN Code 27129020

HSN Code 27129020 relates to the following description.

Description of Goods

Other : Lignite 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%

What does HSN Code 27129020 not include?

Other | Lignite Wax 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 27129020 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+100.00% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7512 of 12657 HSN codes

% of Sub-Chapter 2712

FY 2024-25

0.00%

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

Import side: 0.02% of Sub-Chapter 2712’s imports

At a glance

−100.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2712

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

India Export-Import Trade Statistics for HSN Code 27129020

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

Balance

−0.03

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2712

FY 2019-20

Balance

−3.23

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2712

Imports

3.23 ₹ Cr

0.0001% share

+10,666.67% YoY

0.42% of Sub-Ch. 2712

FY 2020-21 Exp. Rank #9985

Balance

−0.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−98.14% YoY

0.01% of Sub-Ch. 2712

FY 2021-22

Balance

−0.61

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+916.67% YoY

0.05% of Sub-Ch. 2712

FY 2022-23

Balance

−0.28

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−54.10% YoY

0.02% of Sub-Ch. 2712

FY 2023-24

Balance

−0.12

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−57.14% YoY

0.01% of Sub-Ch. 2712

FY 2024-25

Balance

−0.24

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2712

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+100.00% YoY

0.02% of Sub-Ch. 2712

CAGR · 7-Year

Exports

Imports

41.42% /yr

Consistently Deficit
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 27129020 Export-Import Analysis

Export Snapshot for HSN Code 27129020

India exported ₹0.00 Crore worth of Other | Lignite Wax in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2021-22 Was the Strongest Growth Year for HSN Code 27129020 Exports

The strongest single-year export movement for HSN Code 27129020 was recorded in FY 2021-22, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.24 Crore in HSN Code 27129020 Goods

In FY 2024-25, India's imports of ₹0.24 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.24 Crore — ranking #7512 of 12657 by surplus magnitude.

Import Growth of 41.42% CAGR Signals Rising Demand for Other | Lignite Wax

India's imports under HSN Code 27129020 have grown at 41.42% CAGR, reaching ₹0.24 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 27129020 and GST compliance.

What products are classified under HSN 27129020 ?

It includes Other | Lignite Wax

How much GST applies to Other / Lignite Wax?

Under HSN 27129020, Other / Lignite Wax attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Other / Lignite Wax is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Lignite Wax; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Other / Lignite Wax?

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 Other / Lignite 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.

Any common misclassification issue with Other / Lignite Wax?

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.