HSN Code 68052040 represents Abrasive Grinding Discs and Wheels under GST classification. This code helps businesses identify Abrasive Grinding Discs and Wheels correctly for billing, taxation, and trade. With HSN Code 68052040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Abrasive Grinding Discs and Wheels.
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HSN Code 68052040 relates to the following description.
Articles of stone, plaster, cement, asbestos, mica or similar materials
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
On a base of paper or paperboard only : Other abrasive paper
9%
9%
18%
0%
Description of Goods
On a base of paper or paperboard only : Other abrasive 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%
Abrasive Grinding Discs and Wheels does not include products with the following descriptions.
On a base of woven textile fabric only : Abrasive cloth
On a base of woven textile fabric only : Other
On a base of paper or paperboard only : Emery or corundum coated paper
On a base of paper or paperboard only : Flint coated paper
On a base of paper or paperboard only : Glass or sand coated paper
On a base of paper or paperboard only : Other
On a base of other materials
On a base of woven textile fabric only : Abrasive cloth
On a base of woven textile fabric only : Other
On a base of paper or paperboard only : Emery or corundum coated paper
On a base of paper or paperboard only : Flint coated paper
On a base of paper or paperboard only : Glass or sand coated paper
On a base of paper or paperboard only : Other
On a base of other materials
India’s Exports
FY 2024-25₹6 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹157 Cr
0.0026% of India’s total imports
Trade Balance
FY 2024-25−₹152 Cr
Surplus rank #11108 of 12657 HSN codes
% of Sub-Chapter 6805
FY 2024-258.24%
Share of Sub-Chapter 6805’s total exports in FY 2024-25
Import side: 13.91% of Sub-Chapter 6805’s imports
Rank Within Sub-Chapter 6805
FY 2024-25#3 of 8
Position by export value among HSN codes in Sub-Chapter 6805
Import-side rank: #4 of 8
At a glance
26.88%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#6476
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+116.58%
Peak Growth Year
FY 2022-23 · strongest single-year move
8.24%
Contribution to Sub-Ch. 6805
Share of Sub-Chapter 6805 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−57.41
Exports
1.33 ₹ Cr
0.0001% share
— YoY
3.62% of Sub-Ch. 6805
Imports
58.74 ₹ Cr
0.0016% share
— YoY
10.69% of Sub-Ch. 6805
Balance
−55.10
Exports
2.10 ₹ Cr
0.0001% share
+57.89% YoY
4.51% of Sub-Ch. 6805
Imports
57.20 ₹ Cr
0.0017% share
−2.62% YoY
10.42% of Sub-Ch. 6805
Balance
−95.62
Exports
1.25 ₹ Cr
0.0001% share
−40.48% YoY
2.90% of Sub-Ch. 6805
Imports
96.87 ₹ Cr
0.0033% share
+69.35% YoY
15.98% of Sub-Ch. 6805
Balance
−136.86
Exports
1.87 ₹ Cr
0.0001% share
+49.60% YoY
3.41% of Sub-Ch. 6805
Imports
138.73 ₹ Cr
0.0030% share
+43.21% YoY
15.48% of Sub-Ch. 6805
Balance
−144.67
Exports
4.05 ₹ Cr
0.0001% share
+116.58% YoY
7.60% of Sub-Ch. 6805
Imports
148.72 ₹ Cr
0.0026% share
+7.20% YoY
15.27% of Sub-Ch. 6805
Balance
−128.13
Exports
6.35 ₹ Cr
0.0002% share
+56.79% YoY
10.59% of Sub-Ch. 6805
Imports
134.48 ₹ Cr
0.0024% share
−9.58% YoY
12.33% of Sub-Ch. 6805
Balance
−151.52
Exports
5.55 ₹ Cr
0.0002% share
−12.60% YoY
8.24% of Sub-Ch. 6805
Imports
157.07 ₹ Cr
0.0026% share
+16.80% YoY
13.91% of Sub-Ch. 6805
CAGR · 7-Year
Exports
26.88% /yr
Imports
17.81% /yr
reference, FY 2024-25
Export
₹67.38 Cr
Import
₹1,129.12 Cr
Trade Balance
−1,061.74
India's exports under HSN Code 68052040 have grown at a compound annual rate of 26.88% over 7 fiscal years, rising from ₹1.33 Crore in FY 2018-19 to ₹5.55 Crore in FY 2024-25.
In FY 2024-25, HSN Code 68052040 ranks #6476 out of 12657 HSN codes by total export value. Within Sub-Chapter 6805, it ranks #3 of 8. By trade surplus, it ranks #11108 of 12657.
The strongest single-year export movement for HSN Code 68052040 was recorded in FY 2022-23, when exports surged by 116.58% over the prior year.
In FY 2024-25, India's imports of ₹157.07 Cr exceeded exports of ₹5.55 Cr, resulting in a trade deficit of ₹151.52 Crore — ranking #11108 of 12657 by surplus magnitude.
India's imports under HSN Code 68052040 have grown at 17.81% CAGR, reaching ₹157.07 Crore in FY 2024-25.
Among the 8 HSN codes under Sub-Chapter 6805, HSN Code 68052040 ranks #3 by export value — accounting for 8.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.91% share (rank #4).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 68052040 and GST compliance.
It includes Articles of Slag Wool, Rock Wool or Similar Mineral Wool
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Abrasive Grinding Discs and Wheels; Nil for exempt items if applicable).
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.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 68052040, Abrasive Grinding Discs and Wheels attracts Varies when sold in taxable form. Describe the exact form on the invoice.