--- title: "HSN Code for Other Paraffin Wax Below 0.75% Oil | HSN 27129040 GST Rate" description: "Find HSN and GST Rates for 27129040 related to Other Paraffin Wax Below 0.75% Oil with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27129040/" --- # HSN Code 27129040: Other Paraffin Wax Below 0.75% Oil - [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 : Paraffin wax containing by weight less than 0.75 % of oil | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27129040 ? It includes Other Paraffin Wax Below 0.75% Oil ### Does packaging or labelling change the GST for Other Paraffin Wax Below 0.75% Oil? 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. ### Do e‑way bill and e‑invoice apply for Other Paraffin Wax Below 0.75% Oil? 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. ### Can we claim ITC on inputs used to trade Other Paraffin Wax Below 0.75% Oil? 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 Paraffin Wax Below 0.75% Oil is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Paraffin Wax Below 0.75% Oil; Nil for exempt items if applicable). ### How much GST applies to Other Paraffin Wax Below 0.75% Oil? Under HSN 27129040, Other Paraffin Wax Below 0.75% Oil attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 27129040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹15 Cr (−2.87% YoY) — 0.0004% of India's total exports - Imports: ₹289 Cr (+5.70% YoY) — 0.0048% of India's total imports - Trade balance: −₹274 Cr (Deficit); surplus rank #11542 of 12657 HSN codes - Share of Sub-Chapter 2712: 1.50% of its exports; import side 18.85% - Rank within Sub-Chapter 2712: #5 of 10 by export value; import-side #3 ### Key metrics - Export CAGR: 60.81% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5270 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,835.56% in FY 2021-22 - Contribution to Sub-Ch. 2712: 1.50% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27129040 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 | < ₹1 Crore | 0.0000% | — | 0.15% | 253.01 | 0.0071% | — | 28.74% | −252.15 | #7754 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +13.95% | 0.18% | 209.91 | 0.0063% | −17.03% | 27.00% | −208.93 | #7630 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −54.08% | 0.08% | 129.20 | 0.0044% | −38.45% | 15.79% | −128.75 | #8314 | | FY 2021-22 | 8.71 | 0.0003% | +1,835.56% | 1.17% | 156.92 | 0.0034% | +21.46% | 12.96% | −148.21 | #5674 | | FY 2022-23 | 9.79 | 0.0003% | +12.40% | 1.10% | 168.05 | 0.0029% | +7.09% | 10.63% | −158.26 | #5654 | | FY 2023-24 | 15.31 | 0.0004% | +56.38% | 1.58% | 273.74 | 0.0049% | +62.89% | 17.65% | −258.43 | #5139 | | FY 2024-25 | 14.87 | 0.0004% | −2.87% | 1.50% | 289.35 | 0.0048% | +5.70% | 18.85% | −274.48 | #5270 | - CAGR (7-year): exports 60.81%/yr, imports 2.26%/yr (consistently Deficit) ## Key trade insights: HSN Code 27129040 export-import analysis ### Consistent export growth: 60.81% CAGR over 7 years India's exports under HSN Code 27129040 have grown at a compound annual rate of 60.81% over 7 fiscal years, rising from ₹0.86 Crore in FY 2018-19 to ₹14.87 Crore in FY 2024-25. ### HSN Code 27129040 ranked #5270 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 27129040 ranks #5270 out of 12657 HSN codes by total export value. Within Sub-Chapter 2712, it ranks #5 of 10. By trade surplus, it ranks #11542 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 27129040 exports The strongest single-year export movement for HSN Code 27129040 was recorded in FY 2021-22, when exports surged by 1,835.56% over the prior year. ### India records a trade deficit of ₹274.48 Crore in HSN Code 27129040 goods In FY 2024-25, India's imports of ₹289.35 Cr exceeded exports of ₹14.87 Cr, resulting in a trade deficit of ₹274.48 Crore — ranking #11542 of 12657 by surplus magnitude. ### Import growth of 2.26% CAGR signals stable import dependency for Other Paraffin Wax Below 0.75% Oil India's imports under HSN Code 27129040 have grown at 2.26% CAGR, reaching ₹289.35 Crore in FY 2024-25. ### HSN Code 27129040 contributes 1.50% of Sub-Chapter 2712 exports — ranked #5 Among the 10 HSN codes under Sub-Chapter 2712, HSN Code 27129040 ranks #5 by export value — accounting for 1.50% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 18.85% share (rank #3). ## 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](https://busy.in/hsn/hsn-27129010/) | ₹27 Cr | | #5 | HSN Code 27129040: Other Paraffin Wax Below 0.75% Oil (this hsn code) | ₹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/) | — |