Within Chapter 27 – Mineral Fuels, Mineral Oils A, HSN Code 27129040 serves as the official classification for Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil. This code determines tax rates and compliance obligations for all entities trading in Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in kg..
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 27129040
For Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil classified under HSN Code 27129040, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Mineral Fuels, Mineral Oils A under Chapter 27.
Who Should Use HSN Code 27129040?
Every entity transacting in Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil must quote HSN Code 27129040 on invoices. This includes traders, distributors, and e-commerce sellers operating under Mineral Fuels, Mineral Oils A. Chapter 27 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Entering the Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil market requires essential registrations. GST registration enables legal tax collection on HSN 27129040 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
Correct HSN Code 27129040 application for Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 27 – Mineral Fuels, Mineral Oils A through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Where can I find the official GST rate for HSN 27129040?
Official GST rates for Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil under HSN 27129040 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.
Do online marketplaces need to mention HSN 27129040?
Yes, online marketplaces and e-commerce operators selling Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil must mention HSN Code 27129040 on invoices. This Mineral Fuels, Mineral Oils A classification applies to all sales channels under Chapter 27.
What documents are needed for company registration to trade in Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil?
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil under HSN 27129040.
How often do GST rates change for Mineral Fuels, Mineral Oils A products?
GST rates for Paraffin Wax Containing By Weight 0.75 Percent Or More Of Oil and other Mineral Fuels, Mineral Oils A products under Chapter 27 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.
