HSN Code 68118990: Other Asbestos-Cement Articles
HSN Code 68118990 represents Other Asbestos-Cement Articles under GST classification. This code helps businesses identify Other Asbestos-Cement Articles correctly for billing, taxation, and trade. With HSN Code 68118990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Asbestos-Cement Articles.
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Description of Goods for HSN Code 68118990
HSN Code 68118990 relates to the following description.
What does HSN Code 68118990 not include?
Other Asbestos-Cement Articles does not include products with the following descriptions.
Articles of asbestos-cement, of cellulose fibrecement or the like corrugated sheets
Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: asbestos-cement sheets
Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: asbestos-cement tiles
Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: other
Articles of asbestos-cement, of cellulose fibrecement or the like tubes, pipes and tube or pipe fittings: asbestos-cement pipes
Articles of asbestos-cement, of cellulose fibrecement or the like tubes, pipes and tube or pipe fittings: other
Containing asbestos : Asbestos – cement sheets
Containing asbestos : Asbestos – cement tiles
Containing asbestos : Other
Not containing asbestos : Corrugated sheets
Not containing asbestos : Other sheets, panels, tiles and similar articles
Not containing asbestos : Other articles : Tubes, pipes and tube or pipe fittings
Articles of asbestos-cement, of cellulose fibrecement or the like other articles
Articles of asbestos-cement, of cellulose fibrecement or the like corrugated sheets
Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: asbestos-cement sheets
Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: asbestos-cement tiles
Articles of asbestos-cement, of cellulose fibrecement or the like other sheets, panels, tiles and similar articles: other
Articles of asbestos-cement, of cellulose fibrecement or the like tubes, pipes and tube or pipe fittings: asbestos-cement pipes
Articles of asbestos-cement, of cellulose fibrecement or the like tubes, pipes and tube or pipe fittings: other
Containing asbestos : Asbestos – cement sheets
Containing asbestos : Asbestos – cement tiles
Containing asbestos : Other
Not containing asbestos : Corrugated sheets
Not containing asbestos : Other sheets, panels, tiles and similar articles
Not containing asbestos : Other articles : Tubes, pipes and tube or pipe fittings
Articles of asbestos-cement, of cellulose fibrecement or the like other articles
India’s Trade Performance — HSN Code 68118990 in FY 2024-25
India’s Exports
FY 2024-25₹12 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹8 Cr
Surplus rank #3424 of 12657 HSN codes
% of Sub-Chapter 6811
FY 2024-255.04%
Share of Sub-Chapter 6811’s total exports in FY 2024-25
Import side: 5.86% of Sub-Chapter 6811’s imports
Rank Within Sub-Chapter 6811
FY 2024-25#2 of 14
Position by export value among HSN codes in Sub-Chapter 6811
Import-side rank: #3 of 14
At a glance
7.56%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5527
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+84.82%
Peak Growth Year
FY 2024-25 · strongest single-year move
5.04%
Contribution to Sub-Ch. 6811
Share of Sub-Chapter 6811 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 68118990
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+3.63
Exports
8.02 ₹ Cr
0.0004% share
— YoY
7.62% of Sub-Ch. 6811
Imports
4.39 ₹ Cr
0.0001% share
— YoY
6.86% of Sub-Ch. 6811
Balance
+7.88
Exports
10.45 ₹ Cr
0.0005% share
+30.30% YoY
6.73% of Sub-Ch. 6811
Imports
2.57 ₹ Cr
0.0001% share
−41.46% YoY
4.28% of Sub-Ch. 6811
Balance
+3.70
Exports
5.58 ₹ Cr
0.0003% share
−46.60% YoY
3.71% of Sub-Ch. 6811
Imports
1.88 ₹ Cr
0.0001% share
−26.85% YoY
3.86% of Sub-Ch. 6811
Balance
+3.42
Exports
5.94 ₹ Cr
0.0002% share
+6.45% YoY
3.05% of Sub-Ch. 6811
Imports
2.52 ₹ Cr
0.0001% share
+34.04% YoY
4.07% of Sub-Ch. 6811
Balance
+4.80
Exports
5.58 ₹ Cr
0.0002% share
−6.06% YoY
2.21% of Sub-Ch. 6811
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−69.05% YoY
1.21% of Sub-Ch. 6811
Balance
+4.54
Exports
6.72 ₹ Cr
0.0002% share
+20.43% YoY
2.86% of Sub-Ch. 6811
Imports
2.18 ₹ Cr
0.0000% share
+179.49% YoY
3.97% of Sub-Ch. 6811
Balance
+8.42
Exports
12.42 ₹ Cr
0.0003% share
+84.82% YoY
5.04% of Sub-Ch. 6811
Imports
4.00 ₹ Cr
0.0001% share
+83.49% YoY
5.86% of Sub-Ch. 6811
CAGR · 7-Year
Exports
7.56% /yr
Imports
−1.54% /yr
reference, FY 2024-25
Export
₹246.53 Cr
Import
₹68.25 Cr
Trade Balance
+178.28
Key Trade Insights: HSN Code 68118990 Export-Import Analysis
Consistent Export Growth: 7.56% CAGR Over 7 Years
India's exports under HSN Code 68118990 have grown at a compound annual rate of 7.56% over 7 fiscal years, rising from ₹8.02 Crore in FY 2018-19 to ₹12.42 Crore in FY 2024-25.
HSN Code 68118990 Ranked #5527 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 68118990 ranks #5527 out of 12657 HSN codes by total export value. Within Sub-Chapter 6811, it ranks #2 of 14. By trade surplus, it ranks #3424 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 68118990 Exports
The strongest single-year export movement for HSN Code 68118990 was recorded in FY 2024-25, when exports surged by 84.82% over the prior year.
India Maintains a Trade Surplus of ₹8.42 Crore in HSN Code 68118990 Goods
In FY 2024-25, India's exports of ₹12.42 Cr exceeded imports of ₹4.00 Cr, resulting in a trade surplus of ₹8.42 Crore — ranking #3424 of 12657 by surplus magnitude.
Import Growth of −1.54% CAGR Signals Stable Import Dependency for Other Asbestos-Cement Articles
India's imports under HSN Code 68118990 have grown at −1.54% CAGR, reaching ₹4.00 Crore in FY 2024-25.
HSN Code 68118990 Contributes 5.04% of Sub-Chapter 6811 Exports — Ranked #2
Among the 14 HSN codes under Sub-Chapter 6811, HSN Code 68118990 ranks #2 by export value — accounting for 5.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.86% share (rank #3).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 68118990 and GST compliance.
What products are classified under HSN 68118990 ?
It includes Asbestos Lagging Compounds
Does packaging or labelling change the GST for Other Asbestos-Cement Articles?
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 Other Asbestos-Cement Articles?
Under HSN 68118990, Other Asbestos-Cement Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Other Asbestos-Cement Articles?
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 Other Asbestos-Cement Articles is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Asbestos-Cement Articles; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Other Asbestos-Cement Articles?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.