Under the GST regime, HSN Code 27122090 classifies 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 - Paraffin Wax Containing By W... within Chapter 27 – Mineral Fuels, Mineral Oils A. This code is essential for businesses to correctly calculate and remit taxes on 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 - Paraffin Wax Containing By W.... The applicable rates are CGST at 0.09, SGST/UTGST at 0.09 for within-state sales, and IGST at 0.18 for interstate supplies. Goods are quantified using N.a.

HSN Codes under Chapter 27 – Mineral Fuels, Mineral Oils A

Below are related HSN codes from Chapter 27 – Mineral Fuels, Mineral Oils A for your reference:

Chapter HSN Code Description CGST SGST/UTGST IGST
Mineral Fuels, Mineral Oils A... 27011100 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011200 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011210 Coal; Briquettes, Ovoids And Similar Solid Fuels M... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011290 Coal; Briquettes, Ovoids And Similar Solid Fuels M... 0.025 0.025 0.05
Mineral Fuels, Mineral Oils A... 27011910 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011920 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27011990 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 0.025 0.025 0.05
Mineral Fuels, Mineral Oils A... 27012010 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 2.50% 2.50% 5.00%
Mineral Fuels, Mineral Oils A... 27012090 Coal; Briquettes, Ovoids And Similar Solid Fuels ... 0.025 0.025 0.05
Mineral Fuels, Mineral Oils A... 27021000 Lignite, Whether Or Not Agglomerated, Excluding Je... 0.025 0.025 0.05

GST Rates for HSN 27122090

The tax structure for 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 - Paraffin Wax Containing By W... under HSN Code 27122090 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 27 – Mineral Fuels, Mineral Oils A.

Who Should Use HSN Code 27122090?

All businesses supplying 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 - Paraffin Wax Containing By W... are obligated to use HSN 27122090 on tax invoices. From producers to retailers within Mineral Fuels, Mineral Oils A, Chapter 27 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Entering the 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 - Paraffin Wax Containing By W... market requires essential registrations. GST registration enables legal tax collection on HSN 27122090 goods. For cross-border trade in Mineral Fuels, Mineral Oils A items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.

Why Correct Classification Matters

Accurate application of HSN Code 27122090 for 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 - Paraffin Wax Containing By W... enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 27 – Mineral Fuels, Mineral Oils A should monitor rate updates (0.09, 0.09, 0.18) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

What is the unit of measurement for HSN 27122090?

The standard unit of measurement for 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 - Paraffin Wax Containing By W... under HSN Code 27122090 is N.a. All invoices and GST returns must reflect quantities using this measurement standard.

Is HSN Code 27122090 mandatory for small businesses?

Yes, businesses dealing in 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 - Paraffin Wax Containing By W... must use HSN 27122090 on invoices regardless of their size. The number of digits required may vary based on turnover thresholds set by GST rules.

What happens if I use wrong HSN code for 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 - Paraffin Wax Containing By W...?

Using incorrect classification can result in wrong tax calculation, rejected input credits, and penalties during assessment. Always verify HSN 27122090 for Mineral Fuels, Mineral Oils A goods before invoicing.

Do I need AD Code registration for exporting 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 - Paraffin Wax Containing By W...?

Yes, AD Code registration is required for exporters dealing in 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 - Paraffin Wax Containing By W... under Mineral Fuels, Mineral Oils A. This registration links your bank account to process foreign currency payments from overseas buyers.

More HSN codes from Chapter 27

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