HSN Code 68042290: Assorted Abrasive Articles

HSN Code 68042290 represents Assorted Abrasive Articles under GST classification. This code helps businesses identify Assorted Abrasive Articles correctly for billing, taxation, and trade. With HSN Code 68042290, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Assorted Abrasive Articles.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 68042290

HSN Code 68042290 relates to the following description.

Description of Goods

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

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 68042290 not include?

Assorted Abrasive Articles does not include products with the following descriptions.

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

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 natural stone : Grinding wheels made of natural stone

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

India’s Trade Performance — HSN Code 68042290 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹54 Cr

+12.07% vs FY 2023-24

0.0015% of India’s total exports

India’s Imports

FY 2024-25

₹1,392 Cr

−6.03% vs FY 2023-24

0.0229% of India’s total imports

Trade Balance

FY 2024-25

−₹1,338 Cr

Trade Deficit

Surplus rank #12307 of 12657 HSN codes

% of Sub-Chapter 6804

FY 2024-25

9.57%

Share of Sub-Chapter 6804’s total exports in FY 2024-25

Import side: 57.66% of Sub-Chapter 6804’s imports

Rank Within Sub-Chapter 6804

FY 2024-25

#4 of 10

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

Import-side rank: #1 of 10

At a glance

2.81%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3517

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+23.04%

Peak Growth Year

FY 2022-23 · strongest single-year move

9.57%

Contribution to Sub-Ch. 6804

Share of Sub-Chapter 6804 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 68042290

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #2987

Balance

−942.01

Exports

45.61 ₹ Cr

0.0020% share

YoY

10.87% of Sub-Ch. 6804

Imports

987.62 ₹ Cr

0.0276% share

YoY

61.14% of Sub-Ch. 6804

FY 2019-20 Exp. Rank #2867

Balance

−865.97

Exports

50.15 ₹ Cr

0.0023% share

+9.95% YoY

9.75% of Sub-Ch. 6804

Imports

916.12 ₹ Cr

0.0274% share

−7.24% YoY

61.53% of Sub-Ch. 6804

FY 2020-21 Exp. Rank #2786

Balance

−1,017.46

Exports

55.26 ₹ Cr

0.0026% share

+10.19% YoY

13.48% of Sub-Ch. 6804

Imports

1,072.72 ₹ Cr

0.0368% share

+17.09% YoY

63.31% of Sub-Ch. 6804

FY 2021-22 Exp. Rank #3953

Balance

−1,268.40

Exports

32.34 ₹ Cr

0.0010% share

−41.48% YoY

6.82% of Sub-Ch. 6804

Imports

1,300.74 ₹ Cr

0.0285% share

+21.26% YoY

62.01% of Sub-Ch. 6804

FY 2022-23 Exp. Rank #3785

Balance

−1,356.82

Exports

39.79 ₹ Cr

0.0011% share

+23.04% YoY

8.38% of Sub-Ch. 6804

Imports

1,396.61 ₹ Cr

0.0243% share

+7.37% YoY

62.89% of Sub-Ch. 6804

FY 2023-24 Exp. Rank #3593

Balance

−1,433.12

Exports

48.05 ₹ Cr

0.0013% share

+20.76% YoY

10.36% of Sub-Ch. 6804

Imports

1,481.17 ₹ Cr

0.0264% share

+6.05% YoY

59.99% of Sub-Ch. 6804

FY 2024-25 Exp. Rank #3517

Balance

−1,338.07

Exports

53.85 ₹ Cr

0.0015% share

+12.07% YoY

9.57% of Sub-Ch. 6804

Imports

1,391.92 ₹ Cr

0.0229% share

−6.03% YoY

57.66% of Sub-Ch. 6804

CAGR · 7-Year

Exports

2.81% /yr

Imports

5.89% /yr

Consistently Deficit
Sub-Chapter 6804 total

reference, FY 2024-25

Export

₹562.63 Cr

Import

₹2,413.94 Cr

Trade Balance

−1,851.31

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

Key Trade Insights: HSN Code 68042290 Export-Import Analysis

Consistent Export Growth: 2.81% CAGR Over 7 Years

India's exports under HSN Code 68042290 have grown at a compound annual rate of 2.81% over 7 fiscal years, rising from ₹45.61 Crore in FY 2018-19 to ₹53.85 Crore in FY 2024-25.

HSN Code 68042290 Ranked #3517 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 68042290 ranks #3517 out of 12657 HSN codes by total export value. Within Sub-Chapter 6804, it ranks #4 of 10. By trade surplus, it ranks #12307 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 68042290 Exports

The strongest single-year export movement for HSN Code 68042290 was recorded in FY 2022-23, when exports surged by 23.04% over the prior year.

India Records a Trade Deficit of ₹1,338.07 Crore in HSN Code 68042290 Goods

In FY 2024-25, India's imports of ₹1,391.92 Cr exceeded exports of ₹53.85 Cr, resulting in a trade deficit of ₹1,338.07 Crore — ranking #12307 of 12657 by surplus magnitude.

Import Growth of 5.89% CAGR Signals Stable Import Dependency for Assorted Abrasive Articles

India's imports under HSN Code 68042290 have grown at 5.89% CAGR, reaching ₹1,391.92 Crore in FY 2024-25.

HSN Code 68042290 Contributes 9.57% of Sub-Chapter 6804 Exports — Ranked #4

Among the 10 HSN codes under Sub-Chapter 6804, HSN Code 68042290 ranks #4 by export value — accounting for 9.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 57.66% share (rank #1).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 68042290 and GST compliance.

What products are classified under HSN 68042290 ?

It includes Natural Stone Polishing Slabs

Does packaging or labelling change the GST for Assorted Abrasive Articles?

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 much GST applies to Assorted Abrasive Articles?

Under HSN 68042290, Assorted Abrasive Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Assorted Abrasive Articles is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Assorted Abrasive Articles; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Assorted Abrasive Articles?

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 Assorted Abrasive Articles?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.