HS code 2712 90 40: Paraffin wax containing by weight less than 0.75 % of oil
HS code 2712 90 40 covers paraffin wax containing by weight less than 0.75 % of oil in chapter 27 (mineral fuels, mineral oils and waxes). Total import duty is about 24.49% of the import value.
Updated 2026-11-01 from official lists, including Budget 2026 and later customs notifications.
Key facts
| Tariff item (8-digit HS code) | 2712 90 40 |
|---|---|
| Description | Paraffin wax containing by weight less than 0.75 % of oil |
| Chapter | 27: Mineral fuels, mineral oils and waxes |
| Heading | 2712 |
| Unit | kg. |
| Basic customs duty (tariff rate) | 5% |
| Basic customs duty charged | 5% |
| Social welfare surcharge | 10% of BCD |
| IGST | 18% |
| Total import duty | about 24.49% of the import value |
| DGFT export policy | Free |
Import duty (with Budget 2026 changes)
- About ₹24,490 duty on every ₹1,00,000 of import value (CIF).
DGFT import and export policy
- Export: Free.
India's imports and exports
- India imported 19,368 tonnes in 2025-26 (down 46.3% on 2024-25) under tariff item 27129040, “Paraffin wax containing by weight less than 0.75 % of oil”.
- India exported 2,493 tonnes in 2025-26 (up 57.4% on 2024-25) under tariff item 27129040, “Paraffin wax containing by weight less than 0.75 % of oil”.
Questions about HS code 2712 90 40
What is the import duty on HS code 2712 90 40 in India?
About 24.49% of the import value: basic customs duty 5%, social welfare surcharge 10% of BCD and IGST 18%. IGST can usually be claimed back as input tax credit.
Can paraffin wax containing by weight less than 0.75 % of oil be exported from India?
DGFT export policy for HS code 2712 90 40 is Free.
Other lines under heading 2712
Sources: Customs Tariff of India (CBIC) · Notification 45/2025-Customs and Budget 2026 amendments · IGST rates, Notification 9/2025-Integrated Tax (Rate) · DGFT ITC(HS) import and export policy · CBIC Customs (ADD) notifications · Export Import Data Bank (DGCI&S). Guidance from official lists, not legal advice; confirm the classification with your customs broker.
