HSN Code 68062000: Articles of Expanded Mineral Materials

HSN Code 68062000 represents Articles of Expanded Mineral Materials under GST classification. This code helps businesses identify Articles of Expanded Mineral Materials correctly for billing, taxation, and trade. With HSN Code 68062000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Articles of Expanded Mineral Materials.

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Description of Goods for HSN Code 68062000

HSN Code 68062000 relates to the following description.

Description of Goods

Exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials (including intermixtures thereof)

Chapter

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

Sub Chapter

6806 - Slag wool, rock wool and similar mineral wools; exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials; mixtures and articles of heat-insulating, sound-insulating or sound-absorbing mineral materials, other than those of heading 6811 or 6812 or of chapter 69

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 68062000 not include?

Articles of Expanded Mineral Materials does not include products with the following descriptions.

HSN Code 68061000

Slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls

India’s Trade Performance — HSN Code 68062000 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

₹15 Cr

−12.43% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹95 Cr

+16.15% vs FY 2023-24

0.0016% of India’s total imports

Trade Balance

FY 2024-25

−₹81 Cr

Trade Deficit

Surplus rank #10624 of 12657 HSN codes

% of Sub-Chapter 6806

FY 2024-25

4.48%

Share of Sub-Chapter 6806’s total exports in FY 2024-25

Import side: 13.73% of Sub-Chapter 6806’s imports

Rank Within Sub-Chapter 6806

FY 2024-25

#3 of 3

Position by export value among HSN codes in Sub-Chapter 6806

Import-side rank: #3 of 3

At a glance

8.51%

Export CAGR

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

#5301

National Export Rank

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

+66.03%

Peak Growth Year

FY 2019-20 · strongest single-year move

4.48%

Contribution to Sub-Ch. 6806

Share of Sub-Chapter 6806 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 68062000

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 #5131

Balance

−64.95

Exports

8.89 ₹ Cr

0.0004% share

— YoY

3.24% of Sub-Ch. 6806

Imports

73.84 ₹ Cr

0.0021% share

— YoY

20.03% of Sub-Ch. 6806

FY 2019-20 Exp. Rank #4517

Balance

−36.26

Exports

14.76 ₹ Cr

0.0007% share

+66.03% YoY

4.81% of Sub-Ch. 6806

Imports

51.02 ₹ Cr

0.0015% share

−30.90% YoY

15.93% of Sub-Ch. 6806

FY 2020-21 Exp. Rank #4893

Balance

−49.58

Exports

11.46 ₹ Cr

0.0005% share

−22.36% YoY

5.22% of Sub-Ch. 6806

Imports

61.04 ₹ Cr

0.0021% share

+19.64% YoY

19.92% of Sub-Ch. 6806

FY 2021-22 Exp. Rank #5125

Balance

−41.33

Exports

13.21 ₹ Cr

0.0004% share

+15.27% YoY

5.08% of Sub-Ch. 6806

Imports

54.54 ₹ Cr

0.0012% share

−10.65% YoY

13.97% of Sub-Ch. 6806

FY 2022-23 Exp. Rank #4592

Balance

−69.13

Exports

21.37 ₹ Cr

0.0006% share

+61.77% YoY

6.71% of Sub-Ch. 6806

Imports

90.50 ₹ Cr

0.0016% share

+65.93% YoY

12.67% of Sub-Ch. 6806

FY 2023-24 Exp. Rank #5028

Balance

−65.23

Exports

16.57 ₹ Cr

0.0005% share

−22.46% YoY

4.83% of Sub-Ch. 6806

Imports

81.80 ₹ Cr

0.0015% share

−9.61% YoY

13.39% of Sub-Ch. 6806

FY 2024-25 Exp. Rank #5301

Balance

−80.50

Exports

14.51 ₹ Cr

0.0004% share

−12.43% YoY

4.48% of Sub-Ch. 6806

Imports

95.01 ₹ Cr

0.0016% share

+16.15% YoY

13.73% of Sub-Ch. 6806

CAGR · 7-Year

Exports

8.51% /yr

Imports

4.29% /yr

Consistently Deficit
Sub-Chapter 6806 total

reference, FY 2024-25

Export

₹324.02 Cr

Import

₹692.22 Cr

Trade Balance

−368.20

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

Key Trade Insights: HSN Code 68062000 Export-Import Analysis

Consistent Export Growth: 8.51% CAGR Over 7 Years

India's exports under HSN Code 68062000 have grown at a compound annual rate of 8.51% over 7 fiscal years, rising from ₹8.89 Crore in FY 2018-19 to ₹14.51 Crore in FY 2024-25.

HSN Code 68062000 Ranked #5301 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 68062000 ranks #5301 out of 12657 HSN codes by total export value. Within Sub-Chapter 6806, it ranks #3 of 3. By trade surplus, it ranks #10624 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 68062000 Exports

The strongest single-year export movement for HSN Code 68062000 was recorded in FY 2019-20, when exports surged by 66.03% over the prior year.

India Records a Trade Deficit of ₹80.50 Crore in HSN Code 68062000 Goods

In FY 2024-25, India's imports of ₹95.01 Cr exceeded exports of ₹14.51 Cr, resulting in a trade deficit of ₹80.50 Crore — ranking #10624 of 12657 by surplus magnitude.

Import Growth of 4.29% CAGR Signals Stable Import Dependency for Articles of Expanded Mineral Materials

India's imports under HSN Code 68062000 have grown at 4.29% CAGR, reaching ₹95.01 Crore in FY 2024-25.

HSN Code 68062000 Contributes 4.48% of Sub-Chapter 6806 Exports — Ranked #3

Among the 3 HSN codes under Sub-Chapter 6806, HSN Code 68062000 ranks #3 by export value — accounting for 4.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.73% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 68062000 and GST compliance.

What products are classified under HSN 68062000 ?

It includes Other Articles of Asphalt or Similar Material (Rolls)

Do e‑way bill and e‑invoice apply for Articles of Expanded Mineral 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.

How should mixed supplies be billed when Articles of Expanded Mineral Materials is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Articles of Expanded Mineral Materials; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Articles of Expanded Mineral Materials?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Articles of Expanded Mineral Materials?

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 Articles of Expanded Mineral Materials?

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.

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.