--- title: "HSN Code for Artificial waxes and prepared waxes | Other | HSN 34049090 GST Rate" description: "Find HSN and GST Rates for 34049090 related to Artificial waxes and prepared waxes | Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-34049090/" --- # HSN Code 34049090: Artificial waxes and prepared waxes | Other - [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 : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 34049090 ? It includes Artificial waxes and prepared waxes | Other ### Do e‑way bill and e‑invoice apply for Artificial waxes and prepared waxes / 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. ### Does packaging or labelling change the GST for Artificial waxes and prepared waxes / 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. ### Any common misclassification issue with Artificial waxes and prepared waxes / 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 should mixed supplies be billed when Artificial waxes and prepared waxes / Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Artificial waxes and prepared waxes / Other; Nil for exempt items if applicable). ### How much GST applies to Artificial waxes and prepared waxes / Other? Under HSN 34049090, Artificial waxes and prepared waxes / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 34049090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹255 Cr (+12.81% YoY) — 0.0069% of India's total exports - Imports: ₹724 Cr (+21.66% YoY) — 0.0119% of India's total imports - Trade balance: −₹469 Cr (Deficit); surplus rank #11856 of 12657 HSN codes - Share of Sub-Chapter 3404: 37.11% of its exports; import side 34.46% - Rank within Sub-Chapter 3404: #2 of 9 by export value; import-side #2 ### Key metrics - Export CAGR: 15.53% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1608 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +53.14% in FY 2021-22 - Contribution to Sub-Ch. 3404: 37.11% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 34049090 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 | 107.19 | 0.0047% | — | 35.36% | 398.26 | 0.0111% | — | 45.96% | −291.07 | #1930 | | FY 2019-20 | 117.62 | 0.0053% | +9.73% | 34.80% | 384.44 | 0.0115% | −3.47% | 43.40% | −266.82 | #1831 | | FY 2020-21 | 133.45 | 0.0062% | +13.46% | 34.73% | 314.98 | 0.0108% | −18.07% | 37.84% | −181.53 | #1779 | | FY 2021-22 | 204.37 | 0.0065% | +53.14% | 41.80% | 459.36 | 0.0101% | +45.84% | 35.30% | −254.99 | #1628 | | FY 2022-23 | 236.02 | 0.0065% | +15.49% | 42.60% | 627.52 | 0.0109% | +36.61% | 34.32% | −391.50 | #1561 | | FY 2023-24 | 225.96 | 0.0062% | −4.26% | 36.34% | 595.38 | 0.0106% | −5.12% | 34.51% | −369.42 | #1655 | | FY 2024-25 | 254.91 | 0.0069% | +12.81% | 37.11% | 724.33 | 0.0119% | +21.66% | 34.46% | −469.42 | #1608 | - CAGR (7-year): exports 15.53%/yr, imports 10.48%/yr (consistently Deficit) ## Key trade insights: HSN Code 34049090 export-import analysis ### Consistent export growth: 15.53% CAGR over 7 years India's exports under HSN Code 34049090 have grown at a compound annual rate of 15.53% over 7 fiscal years, rising from ₹107.19 Crore in FY 2018-19 to ₹254.91 Crore in FY 2024-25. ### HSN Code 34049090 ranked #1608 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 34049090 ranks #1608 out of 12657 HSN codes by total export value. Within Sub-Chapter 3404, it ranks #2 of 9. By trade surplus, it ranks #11856 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 34049090 exports The strongest single-year export movement for HSN Code 34049090 was recorded in FY 2021-22, when exports surged by 53.14% over the prior year. ### India records a trade deficit of ₹469.42 Crore in HSN Code 34049090 goods In FY 2024-25, India's imports of ₹724.33 Cr exceeded exports of ₹254.91 Cr, resulting in a trade deficit of ₹469.42 Crore — ranking #11856 of 12657 by surplus magnitude. ### Import growth of 10.48% CAGR signals rising demand for Artificial waxes and prepared waxes | Other India's imports under HSN Code 34049090 have grown at 10.48% CAGR, reaching ₹724.33 Crore in FY 2024-25. ### HSN Code 34049090 contributes 37.11% of Sub-Chapter 3404 exports — ranked #2 Among the 9 HSN codes under Sub-Chapter 3404, HSN Code 34049090 ranks #2 by export value — accounting for 37.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 34.46% share (rank #2). ## 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 (this hsn code) | ₹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](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/) | — |