--- title: "HSN Code for Other Articles of Natural Stone | HSN 68118200 GST Rate" description: "Find HSN and GST Rates for 68118200 related to Other Articles of Natural Stone with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-68118200/" --- # HSN Code 68118200: Other Articles of Natural Stone - [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 | | --- | --- | --- | --- | --- | | Not containing asbestos : Other sheets, panels, tiles and similar articles | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 68118200 ? It includes Fabricated Asbestos Fibres: Crocidolite ### How much GST applies to Other Articles of Natural Stone? Under HSN 68118200, Other Articles of Natural Stone attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Other Articles of Natural Stone is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Articles of Natural Stone; Nil for exempt items if applicable). ### Any common misclassification issue with Other Articles of Natural Stone? 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 Other Articles of Natural Stone? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Other Articles of Natural Stone? 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. ## India's trade performance: HSN Code 68118200 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹219 Cr (+3.95% YoY) — 0.0059% of India's total exports - Imports: ₹59 Cr (+11.78% YoY) — 0.0010% of India's total imports - Trade balance: ₹160 Cr (Surplus); surplus rank #1293 of 12657 HSN codes - Share of Sub-Chapter 6811: 88.82% of its exports; import side 85.77% - Rank within Sub-Chapter 6811: #1 of 14 by export value; import-side #1 ### Key metrics - Export CAGR: 15.94% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1750 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +47.86% in FY 2019-20 - Contribution to Sub-Ch. 6811: 88.82% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 68118200 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 | 90.13 | 0.0039% | — | 85.61% | 56.91 | 0.0016% | — | 88.98% | +33.22 | #2134 | | FY 2019-20 | 133.27 | 0.0061% | +47.86% | 85.85% | 55.75 | 0.0017% | −2.04% | 92.85% | +77.52 | #1690 | | FY 2020-21 | 133.13 | 0.0062% | −0.11% | 88.56% | 44.61 | 0.0015% | −19.98% | 91.64% | +88.52 | #1782 | | FY 2021-22 | 167.72 | 0.0053% | +25.98% | 86.23% | 56.10 | 0.0012% | +25.76% | 90.66% | +111.62 | #1820 | | FY 2022-23 | 229.28 | 0.0063% | +36.70% | 90.61% | 61.57 | 0.0011% | +9.75% | 95.16% | +167.71 | #1592 | | FY 2023-24 | 210.63 | 0.0058% | −8.13% | 89.78% | 52.37 | 0.0009% | −14.94% | 95.32% | +158.26 | #1728 | | FY 2024-25 | 218.96 | 0.0059% | +3.95% | 88.82% | 58.54 | 0.0010% | +11.78% | 85.77% | +160.42 | #1750 | - CAGR (7-year): exports 15.94%/yr, imports 0.47%/yr (consistently Surplus) ## Key trade insights: HSN Code 68118200 export-import analysis ### Consistent export growth: 15.94% CAGR over 7 years India's exports under HSN Code 68118200 have grown at a compound annual rate of 15.94% over 7 fiscal years, rising from ₹90.13 Crore in FY 2018-19 to ₹218.96 Crore in FY 2024-25. ### HSN Code 68118200 ranked #1750 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 68118200 ranks #1750 out of 12657 HSN codes by total export value. Within Sub-Chapter 6811, it ranks #1 of 14. By trade surplus, it ranks #1293 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 68118200 exports The strongest single-year export movement for HSN Code 68118200 was recorded in FY 2019-20, when exports surged by 47.86% over the prior year. ### India maintains a trade surplus of ₹160.42 Crore in HSN Code 68118200 goods In FY 2024-25, India's exports of ₹218.96 Cr exceeded imports of ₹58.54 Cr, resulting in a trade surplus of ₹160.42 Crore — ranking #1293 of 12657 by surplus magnitude. ### Import growth of 0.47% CAGR signals stable import dependency for Other Articles of Natural Stone India's imports under HSN Code 68118200 have grown at 0.47% CAGR, reaching ₹58.54 Crore in FY 2024-25. ### HSN Code 68118200 contributes 88.82% of Sub-Chapter 6811 exports — ranked #1 Among the 14 HSN codes under Sub-Chapter 6811, HSN Code 68118200 ranks #1 by export value — accounting for 88.82% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 85.77% share (rank #1). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-68114020/) | 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/) | — |