HSN Code 34049010 represents Sealing Wax under GST classification. This code helps businesses identify Sealing Wax correctly for billing, taxation, and trade. With HSN Code 34049010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Sealing Wax.
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HSN Code 34049010 relates to the following description.
Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, “dental waxes” and dental preparations with a basis of plaster
Artificial waxes and prepared waxes
Other : Sealing wax (including bottle sealing wax) in sticks, cakes or similar forms
9%
9%
18%
0%
Description of Goods
Other : Sealing wax (including bottle sealing wax) in sticks, cakes or similar forms
Chapter
34 - Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, “dental waxes” and dental preparations with a basis of plaster
Sub Chapter
3404 - Artificial waxes and prepared waxes
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Sealing Wax does not include products with the following descriptions.
Artificial waxes and prepared waxes of chemically modified lignite
Of poly (oxyethylene) (polyethylene glycol)
Other : Polyethylene wax
Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly brominated biphenyls
Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly chlorinated biphenyls
Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly chlorinated terphenyls
Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Other
Other : Other
Artificial waxes and prepared waxes of chemically modified lignite
Of poly (oxyethylene) (polyethylene glycol)
Other : Polyethylene wax
Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly brominated biphenyls
Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly chlorinated biphenyls
Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Poly chlorinated terphenyls
Other : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Other
Other : Other
India’s Exports
FY 2024-25₹1 Cr
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹15 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹14 Cr
Surplus rank #9283 of 12657 HSN codes
% of Sub-Chapter 3404
FY 2024-250.22%
Share of Sub-Chapter 3404’s total exports in FY 2024-25
Import side: 0.72% of Sub-Chapter 3404’s imports
Rank Within Sub-Chapter 3404
FY 2024-25#5 of 9
Position by export value among HSN codes in Sub-Chapter 3404
Import-side rank: #5 of 9
At a glance
−8.57%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#7870
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+313.89%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.22%
Contribution to Sub-Ch. 3404
Share of Sub-Chapter 3404 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−5.90
Exports
2.55 ₹ Cr
0.0001% share
— YoY
0.84% of Sub-Ch. 3404
Imports
8.45 ₹ Cr
0.0002% share
— YoY
0.98% of Sub-Ch. 3404
Balance
−4.20
Exports
1.95 ₹ Cr
0.0001% share
−23.53% YoY
0.58% of Sub-Ch. 3404
Imports
6.15 ₹ Cr
0.0002% share
−27.22% YoY
0.69% of Sub-Ch. 3404
Balance
−5.21
Exports
1.56 ₹ Cr
0.0001% share
−20.00% YoY
0.41% of Sub-Ch. 3404
Imports
6.77 ₹ Cr
0.0002% share
+10.08% YoY
0.81% of Sub-Ch. 3404
Balance
−14.30
Exports
1.30 ₹ Cr
0.0000% share
−16.67% YoY
0.27% of Sub-Ch. 3404
Imports
15.60 ₹ Cr
0.0003% share
+130.43% YoY
1.20% of Sub-Ch. 3404
Balance
−19.10
Exports
1.11 ₹ Cr
0.0000% share
−14.62% YoY
0.20% of Sub-Ch. 3404
Imports
20.21 ₹ Cr
0.0004% share
+29.55% YoY
1.11% of Sub-Ch. 3404
Balance
−11.47
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−67.57% YoY
0.06% of Sub-Ch. 3404
Imports
11.83 ₹ Cr
0.0002% share
−41.46% YoY
0.69% of Sub-Ch. 3404
Balance
−13.56
Exports
1.49 ₹ Cr
0.0000% share
+313.89% YoY
0.22% of Sub-Ch. 3404
Imports
15.05 ₹ Cr
0.0002% share
+27.22% YoY
0.72% of Sub-Ch. 3404
CAGR · 7-Year
Exports
−8.57% /yr
Imports
10.10% /yr
reference, FY 2024-25
Export
₹686.85 Cr
Import
₹2,102.20 Cr
Trade Balance
−1,415.35
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.
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.
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.
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.
India's imports under HSN Code 34049010 have grown at 10.10% CAGR, reaching ₹15.05 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 34049010 and GST compliance.
It includes 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.
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).
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.
Under HSN 34049010, Sealing Wax attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.