--- title: "HSN Code for Worked Monumental or Building Stone: Granite | HSN 68114020 GST Rate" description: "Find HSN and GST Rates for 68114020 related to Worked Monumental or Building Stone: Granite with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-68114020/" --- # HSN Code 68114020: Worked Monumental or Building Stone: Granite - [Section 13: Guide to HSN Section 13](https://busy.in/hsn/section-13/) - [Chapter 68: Stone, Cement & Plaster Items](https://busy.in/hsn/chapter-68/) - [Sub-chapter 6811: Asbestos-cement articles](https://busy.in/hsn/sub-chapter-6811/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Containing asbestos : Asbestos – cement tiles | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 68114020 ? It includes Other Articles of Natural Stone ### How should mixed supplies be billed when Worked Monumental or Building Stone: Granite is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Worked Monumental or Building Stone: Granite; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Worked Monumental or Building Stone: Granite? 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 Worked Monumental or Building Stone: Granite? 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 Worked Monumental or Building Stone: Granite? 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 Worked Monumental or Building Stone: Granite? Under HSN 68114020, Worked Monumental or Building Stone: Granite attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 68114020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil — 0.0000% of India's total exports - Imports: < ₹1 Crore (+341.67% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7712 of 12657 HSN codes - Share of Sub-Chapter 6811: 0.00% of its exports; import side 0.78% ### Key metrics - Peak growth year: −50.00% in FY 2021-22 - Contribution to Sub-Ch. 6811: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 68114020 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 6811 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6811 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.07% | −0.04 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +0.02 | #9824 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −50.00% | 0.01% | Nil | 0.0000% | — | 0.00% | +0.01 | #10198 | | FY 2022-23 | Nil | 0.0000% | −100.00% | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2023-24 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | — | 0.22% | −0.12 | — | | FY 2024-25 | Nil | 0.0000% | — | 0.00% | < ₹1 Crore | 0.0000% | +341.67% | 0.78% | −0.53 | — | ## Key trade insights: HSN Code 68114020 export-import analysis ### Export snapshot for HSN Code 68114020 India exported ₹0.00 Crore worth of Worked Monumental or Building Stone: Granite in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2021-22 was the strongest growth year for HSN Code 68114020 exports The strongest single-year export movement for HSN Code 68114020 was recorded in FY 2021-22, when exports declined by 50.00% over the prior year. ### India records a trade deficit of ₹0.53 Crore in HSN Code 68114020 goods In FY 2024-25, India's imports of ₹0.53 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.53 Crore — ranking #7712 of 12657 by surplus magnitude. ## Related HSN Codes in Sub-Chapter 6811 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 68118200: Other Articles of Natural Stone](https://busy.in/hsn/hsn-68118200/) | ₹219 Cr | | #2 | [HSN Code 68118990: Other Asbestos-Cement Articles](https://busy.in/hsn/hsn-68118990/) | ₹12 Cr | | #3 | [HSN Code 68118100: Knotted Netting of Pebbles, Gravel and Similar Articles](https://busy.in/hsn/hsn-68118100/) | ₹9 Cr | | #4 | [HSN Code 68114010: Containing asbestos- cement sheets](https://busy.in/hsn/hsn-68114010/) | ₹3 Cr | | #5 | [HSN Code 68114090: Other Worked Monumental or Building Stone](https://busy.in/hsn/hsn-68114090/) | ₹1 Cr | | #6 | [HSN Code 68118910: Asbestos-Cement Articles: Tubes & Pipes](https://busy.in/hsn/hsn-68118910/) | ₹1 Cr | | — | HSN Code 68114020: Worked Monumental or Building Stone: Granite (this hsn code) | Nil | | — | [HSN Code 68111000: Asbestos-Cement Sheets](https://busy.in/hsn/hsn-68111000/) | — | | — | [HSN Code 68112010: Asbestos-Cement Tiles](https://busy.in/hsn/hsn-68112010/) | — | | — | [HSN Code 68112020: Other Asbestos-Cement Sheets/Panels/Tiles](https://busy.in/hsn/hsn-68112020/) | — |