--- title: "HSN Code for Abrasive Honing & Polishing Stones | HSN 68052030 GST Rate" description: "Find HSN and GST Rates for 68052030 related to Abrasive Honing & Polishing Stones with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-68052030/" --- # HSN Code 68052030: Abrasive Honing & Polishing Stones - [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 paper or paperboard only : Glass or sand coated paper | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 68052030 ? It includes Bonded Abrasive Products ### Can we claim ITC on inputs used to trade Abrasive Honing & Polishing Stones? 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 Abrasive Honing & Polishing Stones? Under HSN 68052030, Abrasive Honing & Polishing Stones attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Abrasive Honing & Polishing Stones? 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 Abrasive Honing & Polishing Stones? 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 Abrasive Honing & Polishing Stones? 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 should mixed supplies be billed when Abrasive Honing & Polishing Stones is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Abrasive Honing & Polishing Stones; Nil for exempt items if applicable). ## India's trade performance: HSN Code 68052030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+77.14% YoY) — 0.0000% of India's total exports - Imports: ₹24 Cr (−11.71% YoY) — 0.0004% of India's total imports - Trade balance: −₹24 Cr (Deficit); surplus rank #9655 of 12657 HSN codes - Share of Sub-Chapter 6805: 0.92% of its exports; import side 2.14% - Rank within Sub-Chapter 6805: #7 of 8 by export value; import-side #6 ### Key metrics - Export CAGR: 47.58% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8655 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +616.67% in FY 2019-20 - Contribution to Sub-Ch. 6805: 0.92% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 68052030 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 | < ₹1 Crore | 0.0000% | — | 0.16% | 30.06 | 0.0008% | — | 5.47% | −30.00 | #9428 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +616.67% | 0.92% | 26.42 | 0.0008% | −12.11% | 4.81% | −25.99 | #8308 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −72.09% | 0.28% | 26.69 | 0.0009% | +1.02% | 4.40% | −26.57 | #9138 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +200.00% | 0.66% | 24.72 | 0.0005% | −7.38% | 2.76% | −24.36 | #8813 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −2.78% | 0.66% | 16.18 | 0.0003% | −34.55% | 1.66% | −15.83 | #8954 | | FY 2023-24 | < ₹1 Crore | 0.0000% | 0.00% | 0.58% | 27.33 | 0.0005% | +68.91% | 2.50% | −26.98 | #9076 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +77.14% | 0.92% | 24.13 | 0.0004% | −11.71% | 2.14% | −23.51 | #8655 | - CAGR (7-year): exports 47.58%/yr, imports -3.60%/yr (consistently Deficit) ## Key trade insights: HSN Code 68052030 export-import analysis ### Consistent export growth: 47.58% CAGR over 7 years India's exports under HSN Code 68052030 have grown at a compound annual rate of 47.58% over 7 fiscal years, rising from ₹0.06 Crore in FY 2018-19 to ₹0.62 Crore in FY 2024-25. ### HSN Code 68052030 ranked #8655 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 68052030 ranks #8655 out of 12657 HSN codes by total export value. Within Sub-Chapter 6805, it ranks #7 of 8. By trade surplus, it ranks #9655 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 68052030 exports The strongest single-year export movement for HSN Code 68052030 was recorded in FY 2019-20, when exports surged by 616.67% over the prior year. ### India records a trade deficit of ₹23.51 Crore in HSN Code 68052030 goods In FY 2024-25, India's imports of ₹24.13 Cr exceeded exports of ₹0.62 Cr, resulting in a trade deficit of ₹23.51 Crore — ranking #9655 of 12657 by surplus magnitude. ### Import growth of -3.60% CAGR signals stable import dependency for Abrasive Honing & Polishing Stones India's imports under HSN Code 68052030 have grown at -3.60% CAGR, reaching ₹24.13 Crore in FY 2024-25. ### HSN Code 68052030 contributes 0.92% of Sub-Chapter 6805 exports — ranked #7 Among the 8 HSN codes under Sub-Chapter 6805, HSN Code 68052030 ranks #7 by export value — accounting for 0.92% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.14% share (rank #6). ## 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](https://busy.in/hsn/hsn-68051010/) | ₹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 (this hsn code) | < ₹1 Crore | | #8 | [HSN Code 68052020: Abrasive Sawing Stones & Wheels](https://busy.in/hsn/hsn-68052020/) | < ₹1 Crore |