HSN Code 68042310: Artificial Stone Articles for Abrasives

HSN Code 68042310 represents Artificial Stone Articles for Abrasives under GST classification. This code helps businesses identify Artificial Stone Articles for Abrasives correctly for billing, taxation, and trade. With HSN Code 68042310, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Artificial Stone Articles for Abrasives.

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Description of Goods for HSN Code 68042310

HSN Code 68042310 relates to the following description.

Description of Goods

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

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 68042310 not include?

Artificial Stone Articles for Abrasives does not include products with the following descriptions.

HSN Code 68042110

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

HSN Code 68042190

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

HSN Code 68042210

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

HSN Code 68042220

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

HSN Code 68042290

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

HSN Code 68042390

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

India’s Trade Performance — HSN Code 68042310 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

< ₹1 Crore

−35.63% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹14 Cr

+30.03% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9279 of 12657 HSN codes

% of Sub-Chapter 6804

FY 2024-25

0.10%

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

Import side: 0.58% of Sub-Chapter 6804’s imports

Rank Within Sub-Chapter 6804

FY 2024-25

#10 of 10

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

Import-side rank: #8 of 10

At a glance

−7.60%

Export CAGR

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

#8734

National Export Rank

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

+159.52%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.10%

Contribution to Sub-Ch. 6804

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

India Export-Import Trade Statistics for HSN Code 68042310

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 #7719

Balance

−4.85

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.21% of Sub-Ch. 6804

Imports

5.75 ₹ Cr

0.0002% share

— YoY

0.36% of Sub-Ch. 6804

FY 2019-20 Exp. Rank #7716

Balance

−2.71

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−1.11% YoY

0.17% of Sub-Ch. 6804

Imports

3.60 ₹ Cr

0.0001% share

−37.39% YoY

0.24% of Sub-Ch. 6804

FY 2020-21 Exp. Rank #8359

Balance

−3.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−52.81% YoY

0.10% of Sub-Ch. 6804

Imports

3.82 ₹ Cr

0.0001% share

+6.11% YoY

0.23% of Sub-Ch. 6804

FY 2021-22 Exp. Rank #7902

Balance

−2.53

Exports

1.09 ₹ Cr

0.0000% share

+159.52% YoY

0.23% of Sub-Ch. 6804

Imports

3.62 ₹ Cr

0.0001% share

−5.24% YoY

0.17% of Sub-Ch. 6804

FY 2022-23 Exp. Rank #8036

Balance

−2.38

Exports

1.08 ₹ Cr

0.0000% share

−0.92% YoY

0.23% of Sub-Ch. 6804

Imports

3.46 ₹ Cr

0.0001% share

−4.42% YoY

0.16% of Sub-Ch. 6804

FY 2023-24 Exp. Rank #8347

Balance

−9.92

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−19.44% YoY

0.19% of Sub-Ch. 6804

Imports

10.79 ₹ Cr

0.0002% share

+211.85% YoY

0.44% of Sub-Ch. 6804

FY 2024-25 Exp. Rank #8734

Balance

−13.47

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−35.63% YoY

0.10% of Sub-Ch. 6804

Imports

14.03 ₹ Cr

0.0002% share

+30.03% YoY

0.58% of Sub-Ch. 6804

CAGR · 7-Year

Exports

−7.60% /yr

Imports

16.03% /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 68042310 Export-Import Analysis

Export Decline: −7.60% CAGR Over 7 Years

India's exports under HSN Code 68042310 have declined at a compound annual rate of −7.60% over 7 fiscal years, falling from ₹0.90 Crore in FY 2018-19 to ₹0.56 Crore in FY 2024-25.

HSN Code 68042310 Ranked #8734 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 68042310 ranks #8734 out of 12657 HSN codes by total export value. Within Sub-Chapter 6804, it ranks #10 of 10. By trade surplus, it ranks #9279 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 68042310 Exports

The strongest single-year export movement for HSN Code 68042310 was recorded in FY 2021-22, when exports surged by 159.52% over the prior year.

India Records a Trade Deficit of ₹13.47 Crore in HSN Code 68042310 Goods

In FY 2024-25, India's imports of ₹14.03 Cr exceeded exports of ₹0.56 Cr, resulting in a trade deficit of ₹13.47 Crore — ranking #9279 of 12657 by surplus magnitude.

Import Growth of 16.03% CAGR Signals Rising Demand for Artificial Stone Articles for Abrasives

India's imports under HSN Code 68042310 have grown at 16.03% CAGR, reaching ₹14.03 Crore in FY 2024-25.

HSN Code 68042310 Contributes 0.10% of Sub-Chapter 6804 Exports — Ranked #10

Among the 10 HSN codes under Sub-Chapter 6804, HSN Code 68042310 ranks #10 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.58% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 68042310 and GST compliance.

What products are classified under HSN 68042310 ?

It includes Artificial Stone Polishing Slabs

Do e‑way bill and e‑invoice apply for Artificial Stone Articles for Abrasives?

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.

How much GST applies to Artificial Stone Articles for Abrasives?

Under HSN 68042310, Artificial Stone Articles for Abrasives attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Artificial Stone Articles for Abrasives?

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.

Can we claim ITC on inputs used to trade Artificial Stone Articles for Abrasives?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Artificial Stone Articles for Abrasives?

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.