---
title: "HSN Code for Moulded/Carved Wax/Stearin/Gum/Resin Articles | HSN 96020020 GST Rate"
description: "Find HSN and GST Rates for 96020020 related to Moulded/Carved Wax/Stearin/Gum/Resin Articles with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-96020020/"
---

# HSN Code 96020020: Moulded/Carved Wax/Stearin/Gum/Resin Articles

- [Section 20: Guide to HSN Section 20](https://busy.in/hsn/section-20/)
- [Chapter 96: Miscellaneous Manufactured Items](https://busy.in/hsn/chapter-96/)
- [Sub-chapter 9602: Carving materials](https://busy.in/hsn/sub-chapter-9602/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Worked vegetable or mineral carving material and articles of these materials moulded or carved articles of wax, of stearin, of natural gums or natural resins or of modelling pastes, and other moulded or carved articles, not elsewhere specified or included; worked, unhardened gelatin (except gelatin of heading 3503) and articles of unhardened gelatin : Moulded or carved articles of wax, stearin, natural gums and resins and other moulded or carved articles | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 96020020 ?

It includes Cosmetic Brushes

### Can we claim ITC on inputs used to trade Moulded/Carved Wax/Stearin/Gum/Resin Articles?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Do e‑way bill and e‑invoice apply for Moulded/Carved Wax/Stearin/Gum/Resin Articles?

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 much GST applies to Moulded/Carved Wax/Stearin/Gum/Resin Articles?

Under HSN 96020020, Moulded/Carved Wax/Stearin/Gum/Resin Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Moulded/Carved Wax/Stearin/Gum/Resin Articles?

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 Moulded/Carved Wax/Stearin/Gum/Resin Articles?

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 96020020 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹12 Cr (+41.04% YoY) — 0.0003% of India's total exports
- Imports: ₹6 Cr (−18.48% YoY) — 0.0001% of India's total imports
- Trade balance: ₹6 Cr (Surplus); surplus rank #3603 of 12657 HSN codes
- Share of Sub-Chapter 9602: 0.93% of its exports; import side 6.53%
- Rank within Sub-Chapter 9602: #3 of 5 by export value; import-side #4

### Key metrics

- Export CAGR: 17.95% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5522 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +140.22% in FY 2022-23
- Contribution to Sub-Ch. 9602: 0.93% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 96020020

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. 9602 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 9602 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 4.62 | 0.0002% | — | 0.64% | 18.38 | 0.0005% | — | 12.78% | −13.76 | #5953 |
| FY 2019-20 | 3.63 | 0.0002% | −21.43% | 0.59% | 14.42 | 0.0004% | −21.55% | 11.94% | −10.79 | #6218 |
| FY 2020-21 | 2.03 | 0.0001% | −44.08% | 0.24% | 6.06 | 0.0002% | −57.98% | 4.30% | −4.03 | #6974 |
| FY 2021-22 | 4.65 | 0.0001% | +129.06% | 0.41% | 10.07 | 0.0002% | +66.17% | 6.90% | −5.42 | #6438 |
| FY 2022-23 | 11.17 | 0.0003% | +140.22% | 0.83% | 7.01 | 0.0001% | −30.39% | 5.39% | +4.16 | #5482 |
| FY 2023-24 | 8.82 | 0.0002% | −21.04% | 0.70% | 7.52 | 0.0001% | +7.28% | 5.96% | +1.30 | #5880 |
| FY 2024-25 | 12.44 | 0.0003% | +41.04% | 0.93% | 6.13 | 0.0001% | −18.48% | 6.53% | +6.31 | #5522 |

- CAGR (7-year): exports 17.95%/yr, imports -16.72%/yr (consistently Surplus)

## Key trade insights: HSN Code 96020020 export-import analysis

### Consistent export growth: 17.95% CAGR over 7 years

India's exports under HSN Code 96020020 have grown at a compound annual rate of 17.95% over 7 fiscal years, rising from ₹4.62 Crore in FY 2018-19 to ₹12.44 Crore in FY 2024-25.

### HSN Code 96020020 ranked #5522 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 96020020 ranks #5522 out of 12657 HSN codes by total export value. Within Sub-Chapter 9602, it ranks #3 of 5. By trade surplus, it ranks #3603 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 96020020 exports

The strongest single-year export movement for HSN Code 96020020 was recorded in FY 2022-23, when exports surged by 140.22% over the prior year.

### India maintains a trade surplus of ₹6.31 Crore in HSN Code 96020020 goods

In FY 2024-25, India's exports of ₹12.44 Cr exceeded imports of ₹6.13 Cr, resulting in a trade surplus of ₹6.31 Crore — ranking #3603 of 12657 by surplus magnitude.

### Import growth of -16.72% CAGR signals stable import dependency for Moulded/Carved Wax/Stearin/Gum/Resin Articles

India's imports under HSN Code 96020020 have grown at -16.72% CAGR, reaching ₹6.13 Crore in FY 2024-25.

### HSN Code 96020020 contributes 0.93% of Sub-Chapter 9602 exports — ranked #3

Among the 5 HSN codes under Sub-Chapter 9602, HSN Code 96020020 ranks #3 by export value — accounting for 0.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.53% share (rank #4).

## Related HSN Codes in Sub-Chapter 9602

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 96020030: Empty gelatin capsules](https://busy.in/hsn/hsn-96020030/) | ₹732 Cr |
| #2 | [HSN Code 96020090: Other Carved Or Moulded Articles](https://busy.in/hsn/hsn-96020090/) | ₹593 Cr |
| #3 | HSN Code 96020020: Moulded/Carved Wax/Stearin/Gum/Resin Articles (this hsn code) | ₹12 Cr |
| #4 | [HSN Code 96020010: Worked Vegetable Carving Material](https://busy.in/hsn/hsn-96020010/) | ₹2 Cr |
| #5 | [HSN Code 96020040: Other Articles Of Unhardened Gelatin](https://busy.in/hsn/hsn-96020040/) | ₹1 Cr |