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HSN Code 68042110: Diamond-Impregnated Grinding Wheels

HSN Code 68042110 represents Diamond-Impregnated Grinding Wheels under GST classification. This code helps businesses identify Diamond-Impregnated Grinding Wheels correctly for billing, taxation, and trade. With HSN Code 68042110, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Diamond-Impregnated Grinding Wheels.

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Description of Goods for HSN Code 68042110

HSN Code 68042110 relates to the following description.

Description of Goods

Other millstones, grindstones, grinding wheels and the like : Of agglomerated synthetic or natural diamond : Diamond impregnated wheels

Chapter

68 - Articles of stone, plaster, cement, asbestos, mica or similar materials

Sub Chapter

6804 - Millstones, grindstones, grinding wheels and the like, without frameworks, for grinding, sharpening, polishing, trueing or cutting,hand sharpening or polishing stones, and parts thereof, of natural stone, of agglomerated natural or artificial abrasives, or of ceramics, with or without parts of other materials

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 68042110 not include?

Diamond-Impregnated Grinding Wheels does not include products with the following descriptions.

Other millstones, grindstones, grinding wheels and the like : Of agglomerated synthetic or natural diamond : Other

Other millstones, grindstones, grinding wheels and the like : Of other agglomerated abrasives or of ceramics : Grinding wheels of synthetic abrasives

Other millstones, grindstones, grinding wheels and the like : Of other agglomerated abrasives or of ceramics : Grinding wheels of other materials

Other millstones, grindstones, grinding wheels and the like : Of other agglomerated abrasives or of ceramics : Other

Other millstones, grindstones, grinding wheels and the like : Of natural stone : Grinding wheels made of natural stone

Other millstones, grindstones, grinding wheels and the like : Of natural stone : Other

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India’s Trade Performance — HSN Code 68042110 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹30 Cr

−3.55% vs FY 2024-25

0.0008% of India’s total exports

India’s Imports

FY 2025-26

₹72 Cr

+20.19% vs FY 2024-25

0.0011% of India’s total imports

Trade Balance

FY 2025-26

−₹42 Cr

Trade Deficit

Surplus rank #10182 of 12872 HSN codes

% of Sub-Chapter 6804

FY 2025-26

4.91%

Share of Sub-Chapter 6804’s total exports in FY 2025-26

Import side: 2.81% of Sub-Chapter 6804’s imports

Rank Within Sub-Chapter 6804

FY 2025-26

#5 of 10

Position by export value among HSN codes in Sub-Chapter 6804

Import-side rank: #5 of 10

At a glance

0.19%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#4499

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+48.48%

Peak Growth Year

FY 2022-23 · strongest single-year move

4.91%

Contribution to Sub-Ch. 6804

Share of Sub-Chapter 6804 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 68042110

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3595

Balance

+14.59

Exports

29.49 ₹ Cr

0.0013% share

— YoY

7.03% of Sub-Ch. 6804

Imports

14.90 ₹ Cr

0.0004% share

— YoY

0.92% of Sub-Ch. 6804

FY 2019-20 Exp. Rank #4108

Balance

+7.28

Exports

20.00 ₹ Cr

0.0009% share

−32.18% YoY

3.89% of Sub-Ch. 6804

Imports

12.72 ₹ Cr

0.0004% share

−14.63% YoY

0.85% of Sub-Ch. 6804

FY 2020-21 Exp. Rank #4502

Balance

−4.30

Exports

15.99 ₹ Cr

0.0007% share

−20.05% YoY

3.90% of Sub-Ch. 6804

Imports

20.29 ₹ Cr

0.0007% share

+59.51% YoY

1.20% of Sub-Ch. 6804

FY 2021-22 Exp. Rank #4623

Balance

−11.90

Exports

19.74 ₹ Cr

0.0006% share

+23.45% YoY

4.16% of Sub-Ch. 6804

Imports

31.64 ₹ Cr

0.0007% share

+55.94% YoY

1.51% of Sub-Ch. 6804

FY 2022-23 Exp. Rank #4204

Balance

−11.12

Exports

29.31 ₹ Cr

0.0008% share

+48.48% YoY

6.17% of Sub-Ch. 6804

Imports

40.43 ₹ Cr

0.0007% share

+27.78% YoY

1.82% of Sub-Ch. 6804

FY 2023-24 Exp. Rank #4222

Balance

−18.37

Exports

30.40 ₹ Cr

0.0008% share

+3.72% YoY

6.56% of Sub-Ch. 6804

Imports

48.77 ₹ Cr

0.0009% share

+20.63% YoY

1.98% of Sub-Ch. 6804

FY 2024-25 Exp. Rank #4281

Balance

−29.10

Exports

30.99 ₹ Cr

0.0008% share

+1.94% YoY

5.51% of Sub-Ch. 6804

Imports

60.09 ₹ Cr

0.0010% share

+23.21% YoY

2.49% of Sub-Ch. 6804

FY 2025-26 Exp. Rank #4499

Balance

−42.33

Exports

29.89 ₹ Cr

0.0008% share

−3.55% YoY

4.91% of Sub-Ch. 6804

Imports

72.22 ₹ Cr

0.0011% share

+20.19% YoY

2.81% of Sub-Ch. 6804

CAGR · 8-Year

Exports

0.19% /yr

Imports

25.29% /yr

Consistently Deficit
Sub-Chapter 6804 total

reference, FY 2025-26

Export

₹609.12 Cr

Import

₹2,565.76 Cr

Trade Balance

−1,956.64

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 68042110 Export-Import Analysis

Consistent Export Growth: 0.19% CAGR Over 8 Years

India's exports under HSN Code 68042110 have grown at a compound annual rate of 0.19% over 8 fiscal years, rising from ₹29.49 Crore in FY 2018-19 to ₹29.89 Crore in FY 2025-26.

HSN Code 68042110 Ranked #4499 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 68042110 ranks #4499 out of 12872 HSN codes by total export value. Within Sub-Chapter 6804, it ranks #5 of 10. By trade surplus, it ranks #10182 of 12872.

FY 2022-23 Was the Strongest Growth Year for HSN Code 68042110 Exports

The strongest single-year export movement for HSN Code 68042110 was recorded in FY 2022-23, when exports surged by 48.48% over the prior year.

India Records a Trade Deficit of ₹42.33 Crore in HSN Code 68042110 Goods

In FY 2025-26, India's imports of ₹72.22 Cr exceeded exports of ₹29.89 Cr, resulting in a trade deficit of ₹42.33 Crore — ranking #10182 of 12872 by surplus magnitude.

Import Growth of 25.29% CAGR Signals Rising Demand for Diamond-Impregnated Grinding Wheels

India's imports under HSN Code 68042110 have grown at 25.29% CAGR, reaching ₹72.22 Crore in FY 2025-26.

HSN Code 68042110 Contributes 4.91% of Sub-Chapter 6804 Exports — Ranked #5

Among the 10 HSN codes under Sub-Chapter 6804, HSN Code 68042110 ranks #5 by export value — accounting for 4.91% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 2.81% share (rank #5).

Frequently Asked Questions

Clear answers to common queries about HSN Code 68042110 and GST compliance.

What products are classified under HSN 68042110 ?

It includes Other Abrasive Articles of Natural Stone

Does packaging or labelling change the GST for Diamond-Impregnated Grinding Wheels?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

How should mixed supplies be billed when Diamond-Impregnated Grinding Wheels is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Diamond-Impregnated Grinding Wheels; Nil for exempt items if applicable).

Any common misclassification issue with Diamond-Impregnated Grinding Wheels?

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 Diamond-Impregnated Grinding Wheels?

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 Diamond-Impregnated Grinding Wheels?

Under HSN 68042110, Diamond-Impregnated Grinding Wheels attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.