HSN Code 68114020: Worked Monumental or Building Stone: Granite

HSN Code 68114020 represents Worked Monumental or Building Stone: Granite under GST classification. This code helps businesses identify Worked Monumental or Building Stone: Granite correctly for billing, taxation, and trade. With HSN Code 68114020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Worked Monumental or Building Stone: Granite.

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Description of Goods for HSN Code 68114020

HSN Code 68114020 relates to the following description.

Description of Goods

Containing asbestos : Asbestos – cement tiles

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 68114020 not include?

Worked Monumental or Building Stone: Granite 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 68114020 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+341.67% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7712 of 12657 HSN codes

% of Sub-Chapter 6811

FY 2024-25

0.00%

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

Import side: 0.78% of Sub-Chapter 6811’s imports

At a glance

−50.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.00%

Contribution to Sub-Ch. 6811

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

India Export-Import Trade Statistics for 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 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6811

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6811

FY 2019-20

Balance

−0.04

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.07% of Sub-Ch. 6811

FY 2020-21 Exp. Rank #9824

Balance

+0.02

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 6811

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6811

FY 2021-22 Exp. Rank #10198

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.01% of Sub-Ch. 6811

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6811

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 6811

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6811

FY 2023-24

Balance

−0.12

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.22% of Sub-Ch. 6811

FY 2024-25

Balance

−0.53

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 6811

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+341.67% YoY

0.78% of Sub-Ch. 6811

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 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.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 68114020 and GST compliance.

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.

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.