---
title: "HSN Code for Natural Stone Polishing Slabs | HSN 68043010 GST Rate"
description: "Find HSN and GST Rates for 68043010 related to Natural Stone Polishing Slabs with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-68043010/"
---

# HSN Code 68043010: Natural Stone Polishing Slabs

- [Section 13: Guide to HSN Section 13](https://busy.in/hsn/section-13/)
- [Chapter 68: Stone, Cement & Plaster Items](https://busy.in/hsn/chapter-68/)
- [Sub-chapter 6804: Grindstones & sharpening tools](https://busy.in/hsn/sub-chapter-6804/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Hand sharpening or polishing stones : Polishing stones | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 68043010 ?

It includes Other Millstone & Grindstone Products

### Can we claim ITC on inputs used to trade Natural Stone Polishing Slabs?

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 Natural Stone Polishing Slabs?

Under HSN 68043010, Natural Stone Polishing Slabs attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Natural Stone Polishing Slabs?

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

### Does packaging or labelling change the GST for Natural Stone Polishing Slabs?

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.

### Do e‑way bill and e‑invoice apply for Natural Stone Polishing Slabs?

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.

## India's trade performance: HSN Code 68043010 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹5 Cr (+44.55% YoY) — 0.0001% of India's total exports
- Imports: ₹14 Cr (+3.14% YoY) — 0.0002% of India's total imports
- Trade balance: −₹9 Cr (Deficit); surplus rank #9024 of 12657 HSN codes
- Share of Sub-Chapter 6804: 0.80% of its exports; import side 0.57%
- Rank within Sub-Chapter 6804: #9 of 10 by export value; import-side #9

### Key metrics

- Export CAGR: -1.61% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6753 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +313.24% in FY 2020-21
- Contribution to Sub-Ch. 6804: 0.80% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 68043010

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

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 6804 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6804 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 4.97 | 0.0002% | — | 1.18% | 16.05 | 0.0004% | — | 0.99% | −11.08 | #5863 |
| FY 2019-20 | 3.40 | 0.0002% | −31.59% | 0.66% | 8.86 | 0.0003% | −44.80% | 0.60% | −5.46 | #6309 |
| FY 2020-21 | 14.05 | 0.0007% | +313.24% | 3.43% | 4.91 | 0.0002% | −44.58% | 0.29% | +9.14 | #4666 |
| FY 2021-22 | 19.76 | 0.0006% | +40.64% | 4.17% | 15.44 | 0.0003% | +214.46% | 0.74% | +4.32 | #4622 |
| FY 2022-23 | 13.83 | 0.0004% | −30.01% | 2.91% | 11.15 | 0.0002% | −27.79% | 0.50% | +2.68 | #5188 |
| FY 2023-24 | 3.12 | 0.0001% | −77.44% | 0.67% | 13.36 | 0.0002% | +19.82% | 0.54% | −10.24 | #7096 |
| FY 2024-25 | 4.51 | 0.0001% | +44.55% | 0.80% | 13.78 | 0.0002% | +3.14% | 0.57% | −9.27 | #6753 |

- CAGR (7-year): exports -1.61%/yr, imports -2.51%/yr (consistently Deficit)

## Key trade insights: HSN Code 68043010 export-import analysis

### Export decline: -1.61% CAGR over 7 years

India's exports under HSN Code 68043010 have declined at a compound annual rate of -1.61% over 7 fiscal years, falling from ₹4.97 Crore in FY 2018-19 to ₹4.51 Crore in FY 2024-25.

### HSN Code 68043010 ranked #6753 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 68043010 ranks #6753 out of 12657 HSN codes by total export value. Within Sub-Chapter 6804, it ranks #9 of 10. By trade surplus, it ranks #9024 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 68043010 exports

The strongest single-year export movement for HSN Code 68043010 was recorded in FY 2020-21, when exports surged by 313.24% over the prior year.

### India records a trade deficit of ₹9.27 Crore in HSN Code 68043010 goods

In FY 2024-25, India's imports of ₹13.78 Cr exceeded exports of ₹4.51 Cr, resulting in a trade deficit of ₹9.27 Crore — ranking #9024 of 12657 by surplus magnitude.

### Import growth of -2.51% CAGR signals stable import dependency for Natural Stone Polishing Slabs

India's imports under HSN Code 68043010 have grown at -2.51% CAGR, reaching ₹13.78 Crore in FY 2024-25.

### HSN Code 68043010 contributes 0.80% of Sub-Chapter 6804 exports — ranked #9

Among the 10 HSN codes under Sub-Chapter 6804, HSN Code 68043010 ranks #9 by export value — accounting for 0.80% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.57% share (rank #9).

## Related HSN Codes in Sub-Chapter 6804

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 68042190: Other Abrasive Powders & Grains](https://busy.in/hsn/hsn-68042190/) | ₹218 Cr |
| #2 | [HSN Code 68042210: Monolithic Articles of Natural Stone for Abrasives](https://busy.in/hsn/hsn-68042210/) | ₹168 Cr |
| #3 | [HSN Code 68041000: Millstones, Grindstones & Similar Products](https://busy.in/hsn/hsn-68041000/) | ₹61 Cr |
| #4 | [HSN Code 68042290: Assorted Abrasive Articles](https://busy.in/hsn/hsn-68042290/) | ₹54 Cr |
| #5 | [HSN Code 68042110: Abrasive Powder & Grain of Natural Stones](https://busy.in/hsn/hsn-68042110/) | ₹31 Cr |
| #6 | [HSN Code 68043020: Artificial Stone Polishing Slabs](https://busy.in/hsn/hsn-68043020/) | ₹12 Cr |
| #7 | [HSN Code 68042220: Other Abrasive Articles of Natural Stone](https://busy.in/hsn/hsn-68042220/) | ₹9 Cr |
| #8 | [HSN Code 68042390: Other Artificial Abrasive Articles](https://busy.in/hsn/hsn-68042390/) | ₹5 Cr |
| #9 | HSN Code 68043010: Natural Stone Polishing Slabs (this hsn code) | ₹5 Cr |
| #10 | [HSN Code 68042310: Artificial Stone Articles for Abrasives](https://busy.in/hsn/hsn-68042310/) | < ₹1 Crore |