HSN Code 27129030: Other | Slack Wax

HSN Code 27129030 represents Other | Slack Wax under GST classification. This code helps businesses identify Other | Slack Wax correctly for billing, taxation, and trade. With HSN Code 27129030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Slack Wax.

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Description of Goods for HSN Code 27129030

HSN Code 27129030 relates to the following description.

Description of Goods

Other : Slack 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 27129030 not include?

Other | Slack 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 27129030 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

< ₹1 Crore

0.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹283 Cr

−6.92% vs FY 2023-24

0.0047% of India’s total imports

Trade Balance

FY 2024-25

−₹283 Cr

Trade Deficit

Surplus rank #11558 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: 18.46% of Sub-Chapter 2712’s imports

Rank Within Sub-Chapter 2712

FY 2024-25

#7 of 10

Position by export value among HSN codes in Sub-Chapter 2712

Import-side rank: #4 of 10

At a glance

#10305

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+2,133.33%

Peak Growth Year

FY 2020-21 · 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 27129030

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

−142.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2712

Imports

142.00 ₹ Cr

0.0040% share

YoY

16.13% of Sub-Ch. 2712

FY 2019-20 Exp. Rank #9399

Balance

−153.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 2712

Imports

153.91 ₹ Cr

0.0046% share

+8.39% YoY

19.80% of Sub-Ch. 2712

FY 2020-21 Exp. Rank #7391

Balance

−150.02

Exports

1.34 ₹ Cr

0.0001% share

+2,133.33% YoY

0.25% of Sub-Ch. 2712

Imports

151.36 ₹ Cr

0.0052% share

−1.66% YoY

18.50% of Sub-Ch. 2712

FY 2021-22 Exp. Rank #10058

Balance

−234.74

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−98.51% YoY

0.00% of Sub-Ch. 2712

Imports

234.76 ₹ Cr

0.0051% share

+55.10% YoY

19.39% of Sub-Ch. 2712

FY 2022-23 Exp. Rank #10152

Balance

−349.71

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 2712

Imports

349.73 ₹ Cr

0.0061% share

+48.97% YoY

22.12% of Sub-Ch. 2712

FY 2023-24 Exp. Rank #10338

Balance

−304.54

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 2712

Imports

304.56 ₹ Cr

0.0054% share

−12.92% YoY

19.64% of Sub-Ch. 2712

FY 2024-25 Exp. Rank #10305

Balance

−283.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.00% of Sub-Ch. 2712

Imports

283.49 ₹ Cr

0.0047% share

−6.92% YoY

18.46% of Sub-Ch. 2712

CAGR · 7-Year

Exports

Imports

12.21% /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 27129030 Export-Import Analysis

Export Snapshot for HSN Code 27129030

India exported ₹0.02 Crore worth of Other | Slack Wax in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 27129030 Ranked #10305 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 27129030 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 2712, it ranks #7 of 10. By trade surplus, it ranks #11558 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 27129030 Exports

The strongest single-year export movement for HSN Code 27129030 was recorded in FY 2020-21, when exports surged by 2,133.33% over the prior year.

India Records a Trade Deficit of ₹283.47 Crore in HSN Code 27129030 Goods

In FY 2024-25, India's imports of ₹283.49 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹283.47 Crore — ranking #11558 of 12657 by surplus magnitude.

Import Growth of 12.21% CAGR Signals Rising Demand for Other | Slack Wax

India's imports under HSN Code 27129030 have grown at 12.21% CAGR, reaching ₹283.49 Crore in FY 2024-25.

HSN Code 27129030 Contributes 0.00% of Sub-Chapter 2712 Exports — Ranked #7

Among the 10 HSN codes under Sub-Chapter 2712, HSN Code 27129030 ranks #7 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 18.46% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 27129030 and GST compliance.

What products are classified under HSN 27129030 ?

It includes Other | Slack Wax

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

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

How much GST applies to Other / Slack Wax?

Under HSN 27129030, Other / Slack Wax attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other / Slack Wax?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Does packaging or labelling change the GST for Other / Slack 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.

Can we claim ITC on inputs used to trade Other / Slack 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 / Slack 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.

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.