HSN Code 68030000: Slate Building Stone
HSN Code 68030000 represents Slate Building Stone under GST classification. This code helps businesses identify Slate Building Stone correctly for billing, taxation, and trade. With HSN Code 68030000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Slate Building Stone.
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Description of Goods for HSN Code 68030000
HSN Code 68030000 relates to the following description.
India’s Trade Performance — HSN Code 68030000 in FY 2024-25
India’s Exports
FY 2024-25₹158 Cr
0.0043% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹157 Cr
Surplus rank #1311 of 12657 HSN codes
% of Sub-Chapter 6803
FY 2024-25100.00%
Share of Sub-Chapter 6803’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 6803’s imports
Rank Within Sub-Chapter 6803
FY 2024-25#1 of 1
Position by export value among HSN codes in Sub-Chapter 6803
Import-side rank: #1 of 1
At a glance
8.99%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#2101
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+35.46%
Peak Growth Year
FY 2020-21 · strongest single-year move
100.00%
Contribution to Sub-Ch. 6803
Share of Sub-Chapter 6803 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 68030000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+93.59
Exports
94.23 ₹ Cr
0.0041% share
— YoY
100.00% of Sub-Ch. 6803
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
100.00% of Sub-Ch. 6803
Balance
+91.96
Exports
92.29 ₹ Cr
0.0042% share
−2.06% YoY
100.00% of Sub-Ch. 6803
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−48.44% YoY
100.00% of Sub-Ch. 6803
Balance
+124.67
Exports
125.02 ₹ Cr
0.0058% share
+35.46% YoY
100.00% of Sub-Ch. 6803
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+6.06% YoY
100.00% of Sub-Ch. 6803
Balance
+152.23
Exports
152.67 ₹ Cr
0.0049% share
+22.12% YoY
100.00% of Sub-Ch. 6803
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+25.71% YoY
100.00% of Sub-Ch. 6803
Balance
+160.94
Exports
161.61 ₹ Cr
0.0045% share
+5.86% YoY
100.00% of Sub-Ch. 6803
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+52.27% YoY
100.00% of Sub-Ch. 6803
Balance
+153.89
Exports
154.29 ₹ Cr
0.0043% share
−4.53% YoY
100.00% of Sub-Ch. 6803
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−40.30% YoY
100.00% of Sub-Ch. 6803
Balance
+156.96
Exports
157.97 ₹ Cr
0.0043% share
+2.39% YoY
100.00% of Sub-Ch. 6803
Imports
1.01 ₹ Cr
0.0000% share
+152.50% YoY
100.00% of Sub-Ch. 6803
CAGR · 7-Year
Exports
8.99% /yr
Imports
7.90% /yr
reference, FY 2024-25
Export
₹157.97 Cr
Import
₹1.01 Cr
Trade Balance
+156.96
Key Trade Insights: HSN Code 68030000 Export-Import Analysis
Consistent Export Growth: 8.99% CAGR Over 7 Years
India's exports under HSN Code 68030000 have grown at a compound annual rate of 8.99% over 7 fiscal years, rising from ₹94.23 Crore in FY 2018-19 to ₹157.97 Crore in FY 2024-25.
HSN Code 68030000 Ranked #2101 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 68030000 ranks #2101 out of 12657 HSN codes by total export value. Within Sub-Chapter 6803, it ranks #1 of 1. By trade surplus, it ranks #1311 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 68030000 Exports
The strongest single-year export movement for HSN Code 68030000 was recorded in FY 2020-21, when exports surged by 35.46% over the prior year.
India Maintains a Trade Surplus of ₹156.96 Crore in HSN Code 68030000 Goods
In FY 2024-25, India's exports of ₹157.97 Cr exceeded imports of ₹1.01 Cr, resulting in a trade surplus of ₹156.96 Crore — ranking #1311 of 12657 by surplus magnitude.
Import Growth of 7.90% CAGR Signals Stable Import Dependency for Slate Building Stone
India's imports under HSN Code 68030000 have grown at 7.90% CAGR, reaching ₹1.01 Crore in FY 2024-25.
HSN Code 68030000 Contributes 100.00% of Sub-Chapter 6803 Exports — Ranked #1
Among the 1 HSN codes under Sub-Chapter 6803, HSN Code 68030000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 68030000 and GST compliance.
What products are classified under HSN 68030000 ?
It includes Other Abrasive Powders & Grains
How should mixed supplies be billed when Slate Building Stone is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Slate Building Stone; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Slate Building Stone?
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.
Any common misclassification issue with Slate Building Stone?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Can we claim ITC on inputs used to trade Slate Building Stone?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How much GST applies to Slate Building Stone?
Under HSN 68030000, Slate Building Stone attracts Varies when sold in taxable form. Describe the exact form on the invoice.