HSN Code 68071010: Articles of Asphalt or Similar Material (Rolls)
HSN Code 68071010 represents Articles of Asphalt or Similar Material (Rolls) under GST classification. This code helps businesses identify Articles of Asphalt or Similar Material (Rolls) correctly for billing, taxation, and trade. With HSN Code 68071010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Articles of Asphalt or Similar Material (Rolls) .
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Description of Goods for HSN Code 68071010
HSN Code 68071010 relates to the following description.
What does HSN Code 68071010 not include?
Articles of Asphalt or Similar Material (Rolls) does not include products with the following descriptions.
In-rolls : Other
Other : Tarfelt roofing
Other : Other
India’s Trade Performance — HSN Code 68071010 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹13 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹12 Cr
Surplus rank #9193 of 12657 HSN codes
% of Sub-Chapter 6807
FY 2024-252.90%
Share of Sub-Chapter 6807’s total exports in FY 2024-25
Import side: 8.32% of Sub-Chapter 6807’s imports
Rank Within Sub-Chapter 6807
FY 2024-25#4 of 4
Position by export value among HSN codes in Sub-Chapter 6807
Import-side rank: #4 of 4
At a glance
24.71%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8446
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+275.86%
Peak Growth Year
FY 2020-21 · strongest single-year move
2.90%
Contribution to Sub-Ch. 6807
Share of Sub-Chapter 6807 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 68071010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−13.37
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.98% of Sub-Ch. 6807
Imports
13.58 ₹ Cr
0.0004% share
— YoY
14.49% of Sub-Ch. 6807
Balance
−14.32
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+38.10% YoY
1.79% of Sub-Ch. 6807
Imports
14.61 ₹ Cr
0.0004% share
+7.58% YoY
17.01% of Sub-Ch. 6807
Balance
−13.79
Exports
1.09 ₹ Cr
0.0001% share
+275.86% YoY
6.56% of Sub-Ch. 6807
Imports
14.88 ₹ Cr
0.0005% share
+1.85% YoY
20.87% of Sub-Ch. 6807
Balance
−18.06
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−38.53% YoY
5.58% of Sub-Ch. 6807
Imports
18.73 ₹ Cr
0.0004% share
+25.87% YoY
15.80% of Sub-Ch. 6807
Balance
−6.55
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+29.85% YoY
4.19% of Sub-Ch. 6807
Imports
7.42 ₹ Cr
0.0001% share
−60.38% YoY
4.72% of Sub-Ch. 6807
Balance
−20.47
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−55.17% YoY
1.88% of Sub-Ch. 6807
Imports
20.86 ₹ Cr
0.0004% share
+181.13% YoY
12.17% of Sub-Ch. 6807
Balance
−12.00
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+102.56% YoY
2.90% of Sub-Ch. 6807
Imports
12.79 ₹ Cr
0.0002% share
−38.69% YoY
8.32% of Sub-Ch. 6807
CAGR · 7-Year
Exports
24.71% /yr
Imports
−0.99% /yr
reference, FY 2024-25
Export
₹27.21 Cr
Import
₹153.81 Cr
Trade Balance
−126.60
Key Trade Insights: HSN Code 68071010 Export-Import Analysis
Consistent Export Growth: 24.71% CAGR Over 7 Years
India's exports under HSN Code 68071010 have grown at a compound annual rate of 24.71% over 7 fiscal years, rising from ₹0.21 Crore in FY 2018-19 to ₹0.79 Crore in FY 2024-25.
HSN Code 68071010 Ranked #8446 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 68071010 ranks #8446 out of 12657 HSN codes by total export value. Within Sub-Chapter 6807, it ranks #4 of 4. By trade surplus, it ranks #9193 of 12657.
FY 2020-21 Was the Strongest Growth Year for HSN Code 68071010 Exports
The strongest single-year export movement for HSN Code 68071010 was recorded in FY 2020-21, when exports surged by 275.86% over the prior year.
India Records a Trade Deficit of ₹12.00 Crore in HSN Code 68071010 Goods
In FY 2024-25, India's imports of ₹12.79 Cr exceeded exports of ₹0.79 Cr, resulting in a trade deficit of ₹12.00 Crore — ranking #9193 of 12657 by surplus magnitude.
Import Growth of −0.99% CAGR Signals Stable Import Dependency for Articles of Asphalt or Similar Material (Rolls)
India's imports under HSN Code 68071010 have grown at −0.99% CAGR, reaching ₹12.79 Crore in FY 2024-25.
HSN Code 68071010 Contributes 2.90% of Sub-Chapter 6807 Exports — Ranked #4
Among the 4 HSN codes under Sub-Chapter 6807, HSN Code 68071010 ranks #4 by export value — accounting for 2.90% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.32% share (rank #4).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 68071010 and GST compliance.
What products are classified under HSN 68071010 ?
It includes Other Articles of Asphalt or Similar Material (Other)
Do e‑way bill and e‑invoice apply for Articles of Asphalt or Similar Material (Rolls)?
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.
Does packaging or labelling change the GST for Articles of Asphalt or Similar Material (Rolls)?
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.
How much GST applies to Articles of Asphalt or Similar Material (Rolls)?
Under HSN 68071010, Articles of Asphalt or Similar Material (Rolls) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Articles of Asphalt or Similar Material (Rolls)?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Can we claim ITC on inputs used to trade Articles of Asphalt or Similar Material (Rolls)?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How should mixed supplies be billed when Articles of Asphalt or Similar Material (Rolls) is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Articles of Asphalt or Similar Material (Rolls); Nil for exempt items if applicable).