HSN Code 68052030: Abrasive Honing & Polishing Stones

HSN Code 68052030 represents Abrasive Honing & Polishing Stones under GST classification. This code helps businesses identify Abrasive Honing & Polishing Stones correctly for billing, taxation, and trade. With HSN Code 68052030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Abrasive Honing & Polishing Stones.

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Description of Goods for HSN Code 68052030

HSN Code 68052030 relates to the following description.

Description of Goods

On a base of paper or paperboard only : Glass or sand coated paper

Chapter

68 - Articles of stone, plaster, cement, asbestos, mica or similar materials

Sub Chapter

6805 - Natural or artificial abrasive powder or grain, on a base of textile material, of paper, of paperboard or of other materials, whether or not cut to shape or sewn or otherwise made up

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 68052030 not include?

Abrasive Honing & Polishing Stones does not include products with the following descriptions.

India’s Trade Performance — HSN Code 68052030 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

+77.14% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹24 Cr

−11.71% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

−₹24 Cr

Trade Deficit

Surplus rank #9655 of 12657 HSN codes

% of Sub-Chapter 6805

FY 2024-25

0.92%

Share of Sub-Chapter 6805’s total exports in FY 2024-25

Import side: 2.14% of Sub-Chapter 6805’s imports

Rank Within Sub-Chapter 6805

FY 2024-25

#7 of 8

Position by export value among HSN codes in Sub-Chapter 6805

Import-side rank: #6 of 8

At a glance

47.58%

Export CAGR

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

#8655

National Export Rank

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

+616.67%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.92%

Contribution to Sub-Ch. 6805

Share of Sub-Chapter 6805 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #9428

Balance

−30.00

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.16% of Sub-Ch. 6805

Imports

30.06 ₹ Cr

0.0008% share

YoY

5.47% of Sub-Ch. 6805

FY 2019-20 Exp. Rank #8308

Balance

−25.99

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+616.67% YoY

0.92% of Sub-Ch. 6805

Imports

26.42 ₹ Cr

0.0008% share

−12.11% YoY

4.81% of Sub-Ch. 6805

FY 2020-21 Exp. Rank #9138

Balance

−26.57

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−72.09% YoY

0.28% of Sub-Ch. 6805

Imports

26.69 ₹ Cr

0.0009% share

+1.02% YoY

4.40% of Sub-Ch. 6805

FY 2021-22 Exp. Rank #8813

Balance

−24.36

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+200.00% YoY

0.66% of Sub-Ch. 6805

Imports

24.72 ₹ Cr

0.0005% share

−7.38% YoY

2.76% of Sub-Ch. 6805

FY 2022-23 Exp. Rank #8954

Balance

−15.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−2.78% YoY

0.66% of Sub-Ch. 6805

Imports

16.18 ₹ Cr

0.0003% share

−34.55% YoY

1.66% of Sub-Ch. 6805

FY 2023-24 Exp. Rank #9076

Balance

−26.98

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.58% of Sub-Ch. 6805

Imports

27.33 ₹ Cr

0.0005% share

+68.91% YoY

2.50% of Sub-Ch. 6805

FY 2024-25 Exp. Rank #8655

Balance

−23.51

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+77.14% YoY

0.92% of Sub-Ch. 6805

Imports

24.13 ₹ Cr

0.0004% share

−11.71% YoY

2.14% of Sub-Ch. 6805

CAGR · 7-Year

Exports

47.58% /yr

Imports

−3.60% /yr

Consistently Deficit
Sub-Chapter 6805 total

reference, FY 2024-25

Export

₹67.38 Cr

Import

₹1,129.12 Cr

Trade Balance

−1,061.74

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 68052030 and GST compliance.

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).

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.