--- title: "HSN Code for Mineral Waxes & Products | Other | HSN 27129090 GST Rate" description: "Find HSN and GST Rates for 27129090 related to Mineral Waxes & Products | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-27129090/" --- # HSN Code 27129090: Mineral Waxes & Products | Other - [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 : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 27129090 ? It includes Mineral Waxes & Products | Other ### Do e‑way bill and e‑invoice apply for Mineral Waxes & Products / Other? 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 Mineral Waxes & Products / Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Mineral Waxes & Products / Other? Under HSN 27129090, Mineral Waxes & Products / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Mineral Waxes & Products / Other? 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 Mineral Waxes & Products / Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Mineral Waxes & Products / Other; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Mineral Waxes & Products / Other? 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 27129090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹38 Cr (+36.63% YoY) — 0.0010% of India's total exports - Imports: ₹435 Cr (+7.86% YoY) — 0.0072% of India's total imports - Trade balance: −₹396 Cr (Deficit); surplus rank #11753 of 12657 HSN codes - Share of Sub-Chapter 2712: 3.85% of its exports; import side 28.30% - Rank within Sub-Chapter 2712: #2 of 10 by export value; import-side #1 ### Key metrics - Export CAGR: 10.54% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3983 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +48.71% in FY 2022-23 - Contribution to Sub-Ch. 2712: 3.85% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 27129090 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 | 20.89 | 0.0009% | — | 3.62% | 105.66 | 0.0029% | — | 12.00% | −84.77 | #4051 | | FY 2019-20 | 14.70 | 0.0007% | −29.63% | 2.74% | 121.72 | 0.0036% | +15.20% | 15.65% | −107.02 | #4523 | | FY 2020-21 | 15.55 | 0.0007% | +5.78% | 2.88% | 245.21 | 0.0084% | +101.45% | 29.97% | −229.66 | #4531 | | FY 2021-22 | 13.90 | 0.0004% | −10.61% | 1.86% | 365.91 | 0.0080% | +49.22% | 30.22% | −352.01 | #5063 | | FY 2022-23 | 20.67 | 0.0006% | +48.71% | 2.32% | 473.76 | 0.0082% | +29.47% | 29.97% | −453.09 | #4624 | | FY 2023-24 | 27.90 | 0.0008% | +34.98% | 2.88% | 402.88 | 0.0072% | −14.96% | 25.98% | −374.98 | #4346 | | FY 2024-25 | 38.12 | 0.0010% | +36.63% | 3.85% | 434.55 | 0.0072% | +7.86% | 28.30% | −396.43 | #3983 | - CAGR (7-year): exports 10.54%/yr, imports 26.58%/yr (consistently Deficit) ## Key trade insights: HSN Code 27129090 export-import analysis ### Consistent export growth: 10.54% CAGR over 7 years India's exports under HSN Code 27129090 have grown at a compound annual rate of 10.54% over 7 fiscal years, rising from ₹20.89 Crore in FY 2018-19 to ₹38.12 Crore in FY 2024-25. ### HSN Code 27129090 ranked #3983 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 27129090 ranks #3983 out of 12657 HSN codes by total export value. Within Sub-Chapter 2712, it ranks #2 of 10. By trade surplus, it ranks #11753 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 27129090 exports The strongest single-year export movement for HSN Code 27129090 was recorded in FY 2022-23, when exports surged by 48.71% over the prior year. ### India records a trade deficit of ₹396.43 Crore in HSN Code 27129090 goods In FY 2024-25, India's imports of ₹434.55 Cr exceeded exports of ₹38.12 Cr, resulting in a trade deficit of ₹396.43 Crore — ranking #11753 of 12657 by surplus magnitude. ### Import growth of 26.58% CAGR signals rising demand for Mineral Waxes & Products | Other India's imports under HSN Code 27129090 have grown at 26.58% CAGR, reaching ₹434.55 Crore in FY 2024-25. ### HSN Code 27129090 contributes 3.85% of Sub-Chapter 2712 exports — ranked #2 Among the 10 HSN codes under Sub-Chapter 2712, HSN Code 27129090 ranks #2 by export value — accounting for 3.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 28.30% share (rank #1). ## 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 (this hsn code) | ₹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](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/) | — |