---
title: "2712 HSN Code | HSN Code for Mineral waxes in India"
description: "Know more about 2712 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 2712 covering Mineral waxes."
canonical: "https://busy.in/hsn/sub-chapter-2712/"
---

# HSN Sub-chapter 2712: Mineral waxes

Petroleum jelly, paraffin wax, microcrystalline petroleum wax, slack wax, ozokerite, lignite wax, peat wax, other mineral waxes, and similar products obtained by synthesis or by other processes, whether or not coloured

Part of [Chapter 27: Bituminous Substances, Mineral fuel & Oils](https://busy.in/hsn/chapter-27/).

- Current GST rate: 18%
- Earlier GST rate: 18%

## HSN codes

| Code | Title |
| --- | --- |
| 27121010 | [Petroleum Jelly \| Crude](https://busy.in/hsn/hsn-27121010/) |
| 27121090 | [Petroleum Jelly \| Other](https://busy.in/hsn/hsn-27121090/) |
| 27122000 | [Paraffin Wax Below 0.75% Oil](https://busy.in/hsn/hsn-27122000/) |
| 27122010 | [Paraffin Wax Less Than 0.75% Oil: Other](https://busy.in/hsn/hsn-27122010/) |
| 27122090 | [Petroleum Coke: Not Calcined](https://busy.in/hsn/hsn-27122090/) |
| 27129010 | [Other \| Micro-Crystalline Petroleum Wax](https://busy.in/hsn/hsn-27129010/) |
| 27129020 | [Other \| Lignite Wax](https://busy.in/hsn/hsn-27129020/) |
| 27129030 | [Other \| Slack Wax](https://busy.in/hsn/hsn-27129030/) |
| 27129040 | [Other Paraffin Wax Below 0.75% Oil](https://busy.in/hsn/hsn-27129040/) |
| 27129090 | [Mineral Waxes & Products \| Other](https://busy.in/hsn/hsn-27129090/) |

## Frequently asked questions

### What products are classified under HSN 2712

It includes Mineral waxes

### If I repair and return Mineral waxes, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

### Does MRP, weight or pack size change GST treatment for Mineral waxes?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

### Any import/export nuance for Mineral waxes?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

### How are warranty replacements of Mineral waxes handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

### How do I bill a kit or combo that includes Mineral waxes?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

## India's trade performance: HSN Sub-Chapter 2712 (FY 2024-25)

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

- Exports: ₹989 Cr (+2.23% YoY) — 0.0267% of India's total exports
- Imports: ₹1,535 Cr (−0.98% YoY) — 0.0252% of India's total imports
- Trade balance: −₹546 Cr (Deficit); surplus rank #877 of 1233 sub-chapters
- Share of Chapter 27: 0.17% of its exports; import side 0.08%
- Rank within Chapter 27: #7 of 16 by export value; import-side #9

### Key metrics

- Export CAGR: 9.40% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #391 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +38.05% in FY 2021-22
- Contribution to Ch. 27: 0.17% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 2712

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 Ch. 27 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 27 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 576.85 | 0.0251% | — | 0.17% | 880.26 | 0.0245% | — | 0.07% | −303.41 | #395 |
| FY 2019-20 | 536.24 | 0.0243% | −7.04% | 0.18% | 777.52 | 0.0232% | −11.67% | 0.07% | −241.28 | #393 |
| FY 2020-21 | 539.95 | 0.0251% | +0.69% | 0.27% | 818.13 | 0.0281% | +5.22% | 0.11% | −278.18 | #408 |
| FY 2021-22 | 745.40 | 0.0238% | +38.05% | 0.14% | 1,210.88 | 0.0265% | +48.01% | 0.08% | −465.48 | #402 |
| FY 2022-23 | 889.13 | 0.0246% | +19.28% | 0.11% | 1,580.78 | 0.0275% | +30.55% | 0.08% | −691.65 | #399 |
| FY 2023-24 | 967.43 | 0.0267% | +8.81% | 0.13% | 1,550.62 | 0.0276% | −1.91% | 0.09% | −583.19 | #385 |
| FY 2024-25 | 988.99 | 0.0267% | +2.23% | 0.17% | 1,535.41 | 0.0252% | −0.98% | 0.08% | −546.42 | #391 |

- CAGR (7-year): exports 9.40%/yr, imports 9.72%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 2712 export-import analysis

### Consistent export growth: 9.40% CAGR over 7 years

India's exports under HSN Sub-Chapter 2712 have grown at a compound annual rate of 9.40% over 7 fiscal years, rising from ₹576.85 Crore in FY 2018-19 to ₹988.99 Crore in FY 2024-25.

### HSN Sub-Chapter 2712 ranked #391 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 2712 ranks #391 out of 1233 sub-chapters by total export value. Within Chapter 27, it ranks #7 of 16. By trade surplus, it ranks #877 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 2712 exports

The strongest single-year export movement for HSN Sub-Chapter 2712 was recorded in FY 2021-22, when exports surged by 38.05% over the prior year.

### India records a trade deficit of ₹546.42 Crore in HSN Sub-Chapter 2712 goods

In FY 2024-25, India's imports of ₹1,535.41 Cr exceeded exports of ₹988.99 Cr, resulting in a trade deficit of ₹546.42 Crore — ranking #877 of 1233 by surplus magnitude.

### Import growth of 9.72% CAGR signals stable import dependency for Mineral waxes

India's imports under HSN Sub-Chapter 2712 have grown at 9.72% CAGR, reaching ₹1,535.41 Crore in FY 2024-25.

### HSN Sub-Chapter 2712 contributes 0.17% of Chapter 27 exports — ranked #7

Among the 16 sub-chapters under Chapter 27, HSN Sub-Chapter 2712 ranks #7 by export value — accounting for 0.17% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #9).

## Related Sub-Chapters in Chapter 27

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 2710: Petroleum oils, bituminous minerals](https://busy.in/hsn/sub-chapter-2710/) | ₹5,28,097 Cr |
| #2 | [HSN Sub-Chapter 2707: High-temperature coal tar products](https://busy.in/hsn/sub-chapter-2707/) | ₹18,089 Cr |
| #3 | [HSN Sub-Chapter 2716: Electrical energy](https://busy.in/hsn/sub-chapter-2716/) | ₹9,588 Cr |
| #4 | [HSN Sub-Chapter 2711: Petroleum gases, gaseous hydrocarbons](https://busy.in/hsn/sub-chapter-2711/) | ₹3,796 Cr |
| #5 | [HSN Sub-Chapter 2713: Petroleum residues & bitumen](https://busy.in/hsn/sub-chapter-2713/) | ₹2,275 Cr |
| #6 | [HSN Sub-Chapter 2701: Coal briquettes](https://busy.in/hsn/sub-chapter-2701/) | ₹1,835 Cr |
| #7 | HSN Sub-Chapter 2712: Mineral waxes (this hsn sub-chapter) | ₹989 Cr |
| #8 | [HSN Sub-Chapter 2708: Pitch and pitch coke](https://busy.in/hsn/sub-chapter-2708/) | ₹839 Cr |
| #9 | [HSN Sub-Chapter 2704: Coal coke & semi-coke](https://busy.in/hsn/sub-chapter-2704/) | ₹345 Cr |
| #10 | [HSN Sub-Chapter 2715: Bituminous Mixtures](https://busy.in/hsn/sub-chapter-2715/) | ₹47 Cr |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 2701 | [Coal briquettes](https://busy.in/hsn/sub-chapter-2701/) |
| 2702 | [Lignite: Not Agglomerated](https://busy.in/hsn/sub-chapter-2702/) |
| 2703 | [Peat products](https://busy.in/hsn/sub-chapter-2703/) |
| 2704 | [Coal coke & semi-coke](https://busy.in/hsn/sub-chapter-2704/) |
| 2705 | [Non-petroleum gases](https://busy.in/hsn/sub-chapter-2705/) |
| 2706 | [Coal Tar Distillates](https://busy.in/hsn/sub-chapter-2706/) |
| 2707 | [High-temperature coal tar products](https://busy.in/hsn/sub-chapter-2707/) |
| 2708 | [Pitch and pitch coke](https://busy.in/hsn/sub-chapter-2708/) |
| 2709 | [Crude petroleum oils](https://busy.in/hsn/sub-chapter-2709/) |
| 2710 | [Petroleum oils, bituminous minerals](https://busy.in/hsn/sub-chapter-2710/) |
| 2711 | [Petroleum gases, gaseous hydrocarbons](https://busy.in/hsn/sub-chapter-2711/) |
| 2713 | [Petroleum residues & bitumen](https://busy.in/hsn/sub-chapter-2713/) |
| 2714 | [Natural bitumen & asphalt4](https://busy.in/hsn/sub-chapter-2714/) |
| 2715 | [Bituminous Mixtures](https://busy.in/hsn/sub-chapter-2715/) |
| 2716 | [Electrical energy](https://busy.in/hsn/sub-chapter-2716/) |