--- title: "HSN Code for Millstones, Grindstones & Parts Made of Abrasive Materials | HSN 68051010 GST Rate" description: "Find HSN and GST Rates for 68051010 related to Millstones, Grindstones & Parts Made of Abrasive Materials with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-68051010/" --- # HSN Code 68051010: Millstones, Grindstones & Parts Made of Abrasive Materials - [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 6805: Natural/synthetic abrasive powders](https://busy.in/hsn/sub-chapter-6805/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | On a base of woven textile fabric only : Abrasive cloth | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 68051010 ? It includes Abrasive Sawing Stones & Wheels ### How should mixed supplies be billed when Millstones, Grindstones & Parts Made of Abrasive Materials is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Millstones, Grindstones & Parts Made of Abrasive Materials; Nil for exempt items if applicable). ### Any common misclassification issue with Millstones, Grindstones & Parts Made of Abrasive Materials? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Millstones, Grindstones & Parts Made of Abrasive Materials? Under HSN 68051010, Millstones, Grindstones & Parts Made of Abrasive Materials attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Millstones, Grindstones & Parts Made of Abrasive Materials? 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. ### Can we claim ITC on inputs used to trade Millstones, Grindstones & Parts Made of Abrasive Materials? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 68051010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹29 Cr (+36.65% YoY) — 0.0008% of India's total exports - Imports: ₹230 Cr (−1.64% YoY) — 0.0038% of India's total imports - Trade balance: −₹200 Cr (Deficit); surplus rank #11313 of 12657 HSN codes - Share of Sub-Chapter 6805: 43.77% of its exports; import side 20.34% - Rank within Sub-Chapter 6805: #1 of 8 by export value; import-side #3 ### Key metrics - Export CAGR: 12.87% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4353 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +80.43% in FY 2023-24 - Contribution to Sub-Ch. 6805: 43.77% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 68051010 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. 6805 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6805 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 14.26 | 0.0006% | — | 38.81% | 111.05 | 0.0031% | — | 20.22% | −96.79 | #4548 | | FY 2019-20 | 16.41 | 0.0007% | +15.08% | 35.22% | 104.60 | 0.0031% | −5.81% | 19.06% | −88.19 | #4391 | | FY 2020-21 | 13.04 | 0.0006% | −20.54% | 30.21% | 128.23 | 0.0044% | +22.59% | 21.15% | −115.19 | #4750 | | FY 2021-22 | 17.44 | 0.0006% | +33.74% | 31.77% | 190.01 | 0.0042% | +48.18% | 21.21% | −172.57 | #4770 | | FY 2022-23 | 11.96 | 0.0003% | −31.42% | 22.44% | 183.99 | 0.0032% | −3.17% | 18.90% | −172.03 | #5392 | | FY 2023-24 | 21.58 | 0.0006% | +80.43% | 35.98% | 233.51 | 0.0042% | +26.91% | 21.40% | −211.93 | #4673 | | FY 2024-25 | 29.49 | 0.0008% | +36.65% | 43.77% | 229.67 | 0.0038% | −1.64% | 20.34% | −200.18 | #4353 | - CAGR (7-year): exports 12.87%/yr, imports 12.88%/yr (consistently Deficit) ## Key trade insights: HSN Code 68051010 export-import analysis ### Consistent export growth: 12.87% CAGR over 7 years India's exports under HSN Code 68051010 have grown at a compound annual rate of 12.87% over 7 fiscal years, rising from ₹14.26 Crore in FY 2018-19 to ₹29.49 Crore in FY 2024-25. ### HSN Code 68051010 ranked #4353 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 68051010 ranks #4353 out of 12657 HSN codes by total export value. Within Sub-Chapter 6805, it ranks #1 of 8. By trade surplus, it ranks #11313 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 68051010 exports The strongest single-year export movement for HSN Code 68051010 was recorded in FY 2023-24, when exports surged by 80.43% over the prior year. ### India records a trade deficit of ₹200.18 Crore in HSN Code 68051010 goods In FY 2024-25, India's imports of ₹229.67 Cr exceeded exports of ₹29.49 Cr, resulting in a trade deficit of ₹200.18 Crore — ranking #11313 of 12657 by surplus magnitude. ### Import growth of 12.88% CAGR signals rising demand for Millstones, Grindstones & Parts Made of Abrasive Materials India's imports under HSN Code 68051010 have grown at 12.88% CAGR, reaching ₹229.67 Crore in FY 2024-25. ### HSN Code 68051010 contributes 43.77% of Sub-Chapter 6805 exports — ranked #1 Among the 8 HSN codes under Sub-Chapter 6805, HSN Code 68051010 ranks #1 by export value — accounting for 43.77% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 20.34% share (rank #3). ## Related HSN Codes in Sub-Chapter 6805 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 68051010: Millstones, Grindstones & Parts Made of Abrasive Materials (this hsn code) | ₹29 Cr | | #2 | [HSN Code 68053000: Bonded Abrasive Products](https://busy.in/hsn/hsn-68053000/) | ₹24 Cr | | #3 | [HSN Code 68052040: Abrasive Grinding Discs and Wheels](https://busy.in/hsn/hsn-68052040/) | ₹6 Cr | | #4 | [HSN Code 68051090: Other Millstone & Grindstone Products](https://busy.in/hsn/hsn-68051090/) | ₹3 Cr | | #5 | [HSN Code 68052090: Other Abrasive Grinding Articles](https://busy.in/hsn/hsn-68052090/) | ₹3 Cr | | #6 | [HSN Code 68052010: Abrasive Grinding Wheels & Stones](https://busy.in/hsn/hsn-68052010/) | ₹2 Cr | | #7 | [HSN Code 68052030: Abrasive Honing & Polishing Stones](https://busy.in/hsn/hsn-68052030/) | < ₹1 Crore | | #8 | [HSN Code 68052020: Abrasive Sawing Stones & Wheels](https://busy.in/hsn/hsn-68052020/) | < ₹1 Crore |