--- title: "HSN Code for Sealing Wax | HSN 34049010 GST Rate" description: "Find HSN and GST Rates for 34049010 related to Sealing Wax with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-34049010/" --- # HSN Code 34049010: Sealing Wax - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 34: Soap, Washing Preparations, Waxes](https://busy.in/hsn/chapter-34/) - [Sub-chapter 3404: Artificial waxes](https://busy.in/hsn/sub-chapter-3404/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Sealing wax (including bottle sealing wax) in sticks, cakes or similar forms | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 34049010 ? It includes Sealing Wax ### Do e‑way bill and e‑invoice apply for Sealing 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. ### How should mixed supplies be billed when Sealing Wax is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Sealing Wax; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Sealing 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. ### How much GST applies to Sealing Wax? Under HSN 34049010, Sealing Wax attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Sealing Wax? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 34049010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (+313.89% YoY) — 0.0000% of India's total exports - Imports: ₹15 Cr (+27.22% YoY) — 0.0002% of India's total imports - Trade balance: −₹14 Cr (Deficit); surplus rank #9283 of 12657 HSN codes - Share of Sub-Chapter 3404: 0.22% of its exports; import side 0.72% - Rank within Sub-Chapter 3404: #5 of 9 by export value; import-side #5 ### Key metrics - Export CAGR: -8.57% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7870 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +313.89% in FY 2024-25 - Contribution to Sub-Ch. 3404: 0.22% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 34049010 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. 3404 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3404 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 2.55 | 0.0001% | — | 0.84% | 8.45 | 0.0002% | — | 0.98% | −5.90 | #6670 | | FY 2019-20 | 1.95 | 0.0001% | −23.53% | 0.58% | 6.15 | 0.0002% | −27.22% | 0.69% | −4.20 | #6958 | | FY 2020-21 | 1.56 | 0.0001% | −20.00% | 0.41% | 6.77 | 0.0002% | +10.08% | 0.81% | −5.21 | #7243 | | FY 2021-22 | 1.30 | 0.0000% | −16.67% | 0.27% | 15.60 | 0.0003% | +130.43% | 1.20% | −14.30 | #7752 | | FY 2022-23 | 1.11 | 0.0000% | −14.62% | 0.20% | 20.21 | 0.0004% | +29.55% | 1.11% | −19.10 | #8010 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −67.57% | 0.06% | 11.83 | 0.0002% | −41.46% | 0.69% | −11.47 | #9058 | | FY 2024-25 | 1.49 | 0.0000% | +313.89% | 0.22% | 15.05 | 0.0002% | +27.22% | 0.72% | −13.56 | #7870 | - CAGR (7-year): exports -8.57%/yr, imports 10.10%/yr (consistently Deficit) ## Key trade insights: HSN Code 34049010 export-import analysis ### Export decline: -8.57% CAGR over 7 years India's exports under HSN Code 34049010 have declined at a compound annual rate of -8.57% over 7 fiscal years, falling from ₹2.55 Crore in FY 2018-19 to ₹1.49 Crore in FY 2024-25. ### HSN Code 34049010 ranked #7870 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 34049010 ranks #7870 out of 12657 HSN codes by total export value. Within Sub-Chapter 3404, it ranks #5 of 9. By trade surplus, it ranks #9283 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 34049010 exports The strongest single-year export movement for HSN Code 34049010 was recorded in FY 2024-25, when exports surged by 313.89% over the prior year. ### India records a trade deficit of ₹13.56 Crore in HSN Code 34049010 goods In FY 2024-25, India's imports of ₹15.05 Cr exceeded exports of ₹1.49 Cr, resulting in a trade deficit of ₹13.56 Crore — ranking #9283 of 12657 by surplus magnitude. ### Import growth of 10.10% CAGR signals rising demand for Sealing Wax India's imports under HSN Code 34049010 have grown at 10.10% CAGR, reaching ₹15.05 Crore in FY 2024-25. ### HSN Code 34049010 contributes 0.22% of Sub-Chapter 3404 exports — ranked #5 Among the 9 HSN codes under Sub-Chapter 3404, HSN Code 34049010 ranks #5 by export value — accounting for 0.22% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.72% share (rank #5). ## Related HSN Codes in Sub-Chapter 3404 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 34049020: Other \| Polyethylene Wax](https://busy.in/hsn/hsn-34049020/) | ₹276 Cr | | #2 | [HSN Code 34049090: Artificial waxes and prepared waxes \| Other](https://busy.in/hsn/hsn-34049090/) | ₹255 Cr | | #3 | [HSN Code 34042000: Of poly (oxyethylene) (polyethylene glycol)](https://busy.in/hsn/hsn-34042000/) | ₹152 Cr | | #4 | [HSN Code 34049039: Other Artificial/Prepared Waxes](https://busy.in/hsn/hsn-34049039/) | ₹3 Cr | | #5 | HSN Code 34049010: Sealing Wax (this hsn code) | ₹1 Cr | | #6 | [HSN Code 34049031: Poly Brominated Biphenyls](https://busy.in/hsn/hsn-34049031/) | < ₹1 Crore | | — | [HSN Code 34049032: Poly Chlorinated Biphenyls](https://busy.in/hsn/hsn-34049032/) | Nil | | — | [HSN Code 34049033: Poly Chlorinated Terphenyls](https://busy.in/hsn/hsn-34049033/) | Nil | | — | [HSN Code 34041000: Safety Fuses: Mine Blasting](https://busy.in/hsn/hsn-34041000/) | — |