HSN Code 27129090: Mineral Waxes & Products | Other

HSN Code 27129090 represents Mineral Waxes & Products | Other under GST classification. This code helps businesses identify Mineral Waxes & Products | Other correctly for billing, taxation, and trade. With HSN Code 27129090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Mineral Waxes & Products | Other.

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Description of Goods for HSN Code 27129090

HSN Code 27129090 relates to the following description.

Description of Goods

Other : Other

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 27129090 not include?

Mineral Waxes & Products | Other 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 27129090 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

₹38 Cr

+36.63% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹435 Cr

+7.86% vs FY 2023-24

0.0072% of India’s total imports

Trade Balance

FY 2024-25

−₹396 Cr

Trade Deficit

Surplus rank #11753 of 12657 HSN codes

% of Sub-Chapter 2712

FY 2024-25

3.85%

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

Import side: 28.30% of Sub-Chapter 2712’s imports

Rank Within Sub-Chapter 2712

FY 2024-25

#2 of 10

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

Import-side rank: #1 of 10

At a glance

10.54%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3983

National Export Rank

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

+48.71%

Peak Growth Year

FY 2022-23 · strongest single-year move

3.85%

Contribution to Sub-Ch. 2712

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #4051

Balance

−84.77

Exports

20.89 ₹ Cr

0.0009% share

YoY

3.62% of Sub-Ch. 2712

Imports

105.66 ₹ Cr

0.0029% share

YoY

12.00% of Sub-Ch. 2712

FY 2019-20 Exp. Rank #4523

Balance

−107.02

Exports

14.70 ₹ Cr

0.0007% share

−29.63% YoY

2.74% of Sub-Ch. 2712

Imports

121.72 ₹ Cr

0.0036% share

+15.20% YoY

15.65% of Sub-Ch. 2712

FY 2020-21 Exp. Rank #4531

Balance

−229.66

Exports

15.55 ₹ Cr

0.0007% share

+5.78% YoY

2.88% of Sub-Ch. 2712

Imports

245.21 ₹ Cr

0.0084% share

+101.45% YoY

29.97% of Sub-Ch. 2712

FY 2021-22 Exp. Rank #5063

Balance

−352.01

Exports

13.90 ₹ Cr

0.0004% share

−10.61% YoY

1.86% of Sub-Ch. 2712

Imports

365.91 ₹ Cr

0.0080% share

+49.22% YoY

30.22% of Sub-Ch. 2712

FY 2022-23 Exp. Rank #4624

Balance

−453.09

Exports

20.67 ₹ Cr

0.0006% share

+48.71% YoY

2.32% of Sub-Ch. 2712

Imports

473.76 ₹ Cr

0.0082% share

+29.47% YoY

29.97% of Sub-Ch. 2712

FY 2023-24 Exp. Rank #4346

Balance

−374.98

Exports

27.90 ₹ Cr

0.0008% share

+34.98% YoY

2.88% of Sub-Ch. 2712

Imports

402.88 ₹ Cr

0.0072% share

−14.96% YoY

25.98% of Sub-Ch. 2712

FY 2024-25 Exp. Rank #3983

Balance

−396.43

Exports

38.12 ₹ Cr

0.0010% share

+36.63% YoY

3.85% of Sub-Ch. 2712

Imports

434.55 ₹ Cr

0.0072% share

+7.86% YoY

28.30% of Sub-Ch. 2712

CAGR · 7-Year

Exports

10.54% /yr

Imports

26.58% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 27129090 and GST compliance.

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.

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.