HSN Code 68114010: Containing asbestos- cement sheets

HSN Code 68114010 represents Containing asbestos- cement sheets under GST classification. This code helps businesses identify Containing asbestos- cement sheets correctly for billing, taxation, and trade. With HSN Code 68114010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Containing asbestos- cement sheets.

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Description of Goods for HSN Code 68114010

HSN Code 68114010 relates to the following description.

Description of Goods

Containing asbestos : Asbestos – cement sheets

Chapter

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

Sub Chapter

6811 - Articles of asbestos-cement, of cellulose fibre-cement or the like

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 68114010 not include?

Containing asbestos- cement sheets does not include products with the following descriptions.

HSN Code 68111000

Articles of asbestos-cement, of cellulose fibrecement or the like corrugated sheets

HSN Code 68112010

Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: asbestos-cement sheets

HSN Code 68112020

Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: asbestos-cement tiles

HSN Code 68112090

Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: other

HSN Code 68113010

Articles of asbestos-cement, of cellulose fibrecement or the like tubes, pipes and tube or pipe fittings: asbestos-cement pipes

HSN Code 68113090

Articles of asbestos-cement, of cellulose fibrecement or the like tubes, pipes and tube or pipe fittings: other

HSN Code 68118910

Not containing asbestos : Other articles : Tubes, pipes and tube or pipe fittings

HSN Code 68119000

Articles of asbestos-cement, of cellulose fibrecement or the like other articles

India’s Trade Performance — HSN Code 68114010 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

₹3 Cr

−15.32% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹3 Cr

Trade Surplus

Surplus rank #4032 of 12657 HSN codes

% of Sub-Chapter 6811

FY 2024-25

1.23%

Share of Sub-Chapter 6811’s total exports in FY 2024-25

Import side: 0.03% of Sub-Chapter 6811’s imports

Rank Within Sub-Chapter 6811

FY 2024-25

#4 of 14

Position by export value among HSN codes in Sub-Chapter 6811

Import-side rank: #5 of 14

At a glance

4.38%

Export CAGR

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

#7185

National Export Rank

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

+40.85%

Peak Growth Year

FY 2019-20 · strongest single-year move

1.23%

Contribution to Sub-Ch. 6811

Share of Sub-Chapter 6811 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 68114010

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 #6774

Balance

+2.31

Exports

2.35 ₹ Cr

0.0001% share

— YoY

2.23% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.06% of Sub-Ch. 6811

FY 2019-20 Exp. Rank #6340

Balance

+3.16

Exports

3.31 ₹ Cr

0.0002% share

+40.85% YoY

2.13% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+275.00% YoY

0.25% of Sub-Ch. 6811

FY 2020-21 Exp. Rank #6775

Balance

+2.31

Exports

2.39 ₹ Cr

0.0001% share

−27.79% YoY

1.59% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−46.67% YoY

0.16% of Sub-Ch. 6811

FY 2021-22 Exp. Rank #7228

Balance

+2.01

Exports

2.16 ₹ Cr

0.0001% share

−9.62% YoY

1.11% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+87.50% YoY

0.24% of Sub-Ch. 6811

FY 2022-23 Exp. Rank #7008

Balance

+2.97

Exports

2.99 ₹ Cr

0.0001% share

+38.43% YoY

1.18% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−86.67% YoY

0.03% of Sub-Ch. 6811

FY 2023-24 Exp. Rank #6950

Balance

+3.59

Exports

3.59 ₹ Cr

0.0001% share

+20.07% YoY

1.53% of Sub-Ch. 6811

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6811

FY 2024-25 Exp. Rank #7185

Balance

+3.02

Exports

3.04 ₹ Cr

0.0001% share

−15.32% YoY

1.23% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 6811

CAGR · 7-Year

Exports

4.38% /yr

Imports

−10.91% /yr

Consistently Surplus
Sub-Chapter 6811 total

reference, FY 2024-25

Export

₹246.53 Cr

Import

₹68.25 Cr

Trade Balance

+178.28

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

Key Trade Insights: HSN Code 68114010 Export-Import Analysis

Consistent Export Growth: 4.38% CAGR Over 7 Years

India's exports under HSN Code 68114010 have grown at a compound annual rate of 4.38% over 7 fiscal years, rising from ₹2.35 Crore in FY 2018-19 to ₹3.04 Crore in FY 2024-25.

HSN Code 68114010 Ranked #7185 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 68114010 ranks #7185 out of 12657 HSN codes by total export value. Within Sub-Chapter 6811, it ranks #4 of 14. By trade surplus, it ranks #4032 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 68114010 Exports

The strongest single-year export movement for HSN Code 68114010 was recorded in FY 2019-20, when exports surged by 40.85% over the prior year.

India Maintains a Trade Surplus of ₹3.02 Crore in HSN Code 68114010 Goods

In FY 2024-25, India's exports of ₹3.04 Cr exceeded imports of ₹0.02 Cr, resulting in a trade surplus of ₹3.02 Crore — ranking #4032 of 12657 by surplus magnitude.

Import Growth of −10.91% CAGR Signals Stable Import Dependency for Containing asbestos- cement sheets

India's imports under HSN Code 68114010 have grown at −10.91% CAGR, reaching ₹0.02 Crore in FY 2024-25.

HSN Code 68114010 Contributes 1.23% of Sub-Chapter 6811 Exports — Ranked #4

Among the 14 HSN codes under Sub-Chapter 6811, HSN Code 68114010 ranks #4 by export value — accounting for 1.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 68114010 and GST compliance.

What products are classified under HSN 68114010 ?

It includes Knotted Netting of Pebbles, Gravel and Similar Articles

How much GST applies to Containing asbestos- cement sheets?

Under HSN 68114010, Containing asbestos- cement sheets attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Containing asbestos- cement sheets?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Containing asbestos- cement sheets is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Containing asbestos- cement sheets; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Containing asbestos- cement sheets?

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 Containing asbestos- cement sheets?

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.

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.