--- title: "HSN Code for Other Artificial/Prepared Waxes | HSN 34049039 GST Rate" description: "Find HSN and GST Rates for 34049039 related to Other Artificial/Prepared Waxes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-34049039/" --- # HSN Code 34049039: Other Artificial/Prepared Waxes - [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 : Artificial waxes (including water soluble waxes) prepared waxes, not emulsified or containing solvents : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 34049039 ? It includes Other Artificial/Prepared Waxes ### How should mixed supplies be billed when Other Artificial/Prepared Waxes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Artificial/Prepared Waxes; Nil for exempt items if applicable). ### How much GST applies to Other Artificial/Prepared Waxes? Under HSN 34049039, Other Artificial/Prepared Waxes attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Other Artificial/Prepared Waxes? 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. ### Any common misclassification issue with Other Artificial/Prepared Waxes? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Other Artificial/Prepared Waxes? 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. ## India's trade performance: HSN Code 34049039 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹3 Cr (−4.18% YoY) — 0.0001% of India's total exports - Imports: ₹53 Cr (−7.60% YoY) — 0.0009% of India's total imports - Trade balance: −₹51 Cr (Deficit); surplus rank #10260 of 12657 HSN codes - Share of Sub-Chapter 3404: 0.37% of its exports; import side 2.53% - Rank within Sub-Chapter 3404: #4 of 9 by export value; import-side #4 ### Key metrics - Export CAGR: 5.29% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7385 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +299.40% in FY 2021-22 - Contribution to Sub-Ch. 3404: 0.37% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 34049039 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 | 1.85 | 0.0001% | — | 0.61% | 47.37 | 0.0013% | — | 5.47% | −45.52 | #7041 | | FY 2019-20 | 1.93 | 0.0001% | +4.32% | 0.57% | 37.49 | 0.0011% | −20.86% | 4.23% | −35.56 | #6968 | | FY 2020-21 | 1.66 | 0.0001% | −13.99% | 0.43% | 36.17 | 0.0012% | −3.52% | 4.35% | −34.51 | #7189 | | FY 2021-22 | 6.63 | 0.0002% | +299.40% | 1.36% | 36.13 | 0.0008% | −0.11% | 2.78% | −29.50 | #6009 | | FY 2022-23 | 3.46 | 0.0001% | −47.81% | 0.62% | 41.95 | 0.0007% | +16.11% | 2.29% | −38.49 | #6847 | | FY 2023-24 | 2.63 | 0.0001% | −23.99% | 0.42% | 57.49 | 0.0010% | +37.04% | 3.33% | −54.86 | #7279 | | FY 2024-25 | 2.52 | 0.0001% | −4.18% | 0.37% | 53.12 | 0.0009% | −7.60% | 2.53% | −50.60 | #7385 | - CAGR (7-year): exports 5.29%/yr, imports 1.93%/yr (consistently Deficit) ## Key trade insights: HSN Code 34049039 export-import analysis ### Consistent export growth: 5.29% CAGR over 7 years India's exports under HSN Code 34049039 have grown at a compound annual rate of 5.29% over 7 fiscal years, rising from ₹1.85 Crore in FY 2018-19 to ₹2.52 Crore in FY 2024-25. ### HSN Code 34049039 ranked #7385 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 34049039 ranks #7385 out of 12657 HSN codes by total export value. Within Sub-Chapter 3404, it ranks #4 of 9. By trade surplus, it ranks #10260 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 34049039 exports The strongest single-year export movement for HSN Code 34049039 was recorded in FY 2021-22, when exports surged by 299.40% over the prior year. ### India records a trade deficit of ₹50.60 Crore in HSN Code 34049039 goods In FY 2024-25, India's imports of ₹53.12 Cr exceeded exports of ₹2.52 Cr, resulting in a trade deficit of ₹50.60 Crore — ranking #10260 of 12657 by surplus magnitude. ### Import growth of 1.93% CAGR signals stable import dependency for Other Artificial/Prepared Waxes India's imports under HSN Code 34049039 have grown at 1.93% CAGR, reaching ₹53.12 Crore in FY 2024-25. ### HSN Code 34049039 contributes 0.37% of Sub-Chapter 3404 exports — ranked #4 Among the 9 HSN codes under Sub-Chapter 3404, HSN Code 34049039 ranks #4 by export value — accounting for 0.37% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.53% share (rank #4). ## 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 (this hsn code) | ₹3 Cr | | #5 | [HSN Code 34049010: Sealing Wax](https://busy.in/hsn/hsn-34049010/) | ₹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/) | — |