---
title: "HSN Code for Other Lagging Compounds | HSN 68129919 GST Rate"
description: "Find HSN and GST Rates for 68129919 related to Other Lagging Compounds with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-68129919/"
---

# HSN Code 68129919: Other Lagging Compounds

- [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 6812: Asbestos articles](https://busy.in/hsn/sub-chapter-6812/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other : Other : Lagging compounds : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 68129919 ?

It includes Other Asbestos Packing Joints & Gaskets

### How should mixed supplies be billed when Other Lagging Compounds is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Lagging Compounds; Nil for exempt items if applicable).

### Does packaging or labelling change the GST for Other Lagging Compounds?

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 Lagging Compounds?

Under HSN 68129919, Other Lagging Compounds attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Other Lagging Compounds?

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

### Do e‑way bill and e‑invoice apply for Other Lagging Compounds?

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 68129919 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−23.33% YoY) — 0.0000% of India's total exports
- Imports: ₹3 Cr (+12.50% YoY) — 0.0000% of India's total imports
- Trade balance: −₹2 Cr (Deficit); surplus rank #8162 of 12657 HSN codes
- Share of Sub-Chapter 6812: 1.08% of its exports; import side 18.76%
- Rank within Sub-Chapter 6812: #5 of 21 by export value; import-side #3

### Key metrics

- Export CAGR: -6.42% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8325 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +206.56% in FY 2022-23
- Contribution to Sub-Ch. 6812: 1.08% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 68129919

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. 6812 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6812 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1.37 | 0.0001% | — | 2.24% | < ₹1 Crore | 0.0000% | — | 0.31% | +1.33 | #7327 |
| FY 2019-20 | 1.31 | 0.0001% | −4.38% | 2.22% | < ₹1 Crore | 0.0000% | −75.00% | 0.08% | +1.30 | #7354 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −59.54% | 0.93% | < ₹1 Crore | 0.0000% | +600.00% | 0.55% | +0.46 | #8191 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | +15.09% | 0.89% | < ₹1 Crore | 0.0000% | −14.29% | 0.48% | +0.55 | #8436 |
| FY 2022-23 | 1.87 | 0.0001% | +206.56% | 2.38% | 1.22 | 0.0000% | +1,933.33% | 11.88% | +0.65 | #7513 |
| FY 2023-24 | 1.20 | 0.0000% | −35.83% | 1.56% | 2.48 | 0.0000% | +103.28% | 20.68% | −1.28 | #8079 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −23.33% | 1.08% | 2.79 | 0.0000% | +12.50% | 18.76% | −1.87 | #8325 |

- CAGR (7-year): exports -6.42%/yr, imports 102.89%/yr (consistently Deficit)

## Key trade insights: HSN Code 68129919 export-import analysis

### Export decline: -6.42% CAGR over 7 years

India's exports under HSN Code 68129919 have declined at a compound annual rate of -6.42% over 7 fiscal years, falling from ₹1.37 Crore in FY 2018-19 to ₹0.92 Crore in FY 2024-25.

### HSN Code 68129919 ranked #8325 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 68129919 ranks #8325 out of 12657 HSN codes by total export value. Within Sub-Chapter 6812, it ranks #5 of 21. By trade surplus, it ranks #8162 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 68129919 exports

The strongest single-year export movement for HSN Code 68129919 was recorded in FY 2022-23, when exports surged by 206.56% over the prior year.

### India records a trade deficit of ₹1.87 Crore in HSN Code 68129919 goods

In FY 2024-25, India's imports of ₹2.79 Cr exceeded exports of ₹0.92 Cr, resulting in a trade deficit of ₹1.87 Crore — ranking #8162 of 12657 by surplus magnitude.

### Import growth of 102.89% CAGR signals rising demand for Other Lagging Compounds

India's imports under HSN Code 68129919 have grown at 102.89% CAGR, reaching ₹2.79 Crore in FY 2024-25.

### HSN Code 68129919 contributes 1.08% of Sub-Chapter 6812 exports — ranked #5

Among the 21 HSN codes under Sub-Chapter 6812, HSN Code 68129919 ranks #5 by export value — accounting for 1.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 18.76% share (rank #3).

## Related HSN Codes in Sub-Chapter 6812

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 68129990: Other Asbestos Packing Joints & Gaskets](https://busy.in/hsn/hsn-68129990/) | ₹77 Cr |
| #2 | [HSN Code 68129922: Asbestos Gaskets](https://busy.in/hsn/hsn-68129922/) | ₹3 Cr |
| #3 | [HSN Code 68129100: Asbestos Clothing & Accessories](https://busy.in/hsn/hsn-68129100/) | ₹2 Cr |
| #4 | [HSN Code 68129911: Asbestos Lagging Compounds](https://busy.in/hsn/hsn-68129911/) | ₹1 Cr |
| #5 | HSN Code 68129919: Other Lagging Compounds (this hsn code) | < ₹1 Crore |
| #6 | [HSN Code 68129921: Asbestos Packing Joints](https://busy.in/hsn/hsn-68129921/) | < ₹1 Crore |
| #7 | [HSN Code 68128000: Fabricated Asbestos Fibres: Crocidolite](https://busy.in/hsn/hsn-68128000/) | < ₹1 Crore |
| — | [HSN Code 68129211: Paper, millboard and felt](https://busy.in/hsn/hsn-68129211/) | Nil |
| — | [HSN Code 68129219: Paper, millboard and felt — others](https://busy.in/hsn/hsn-68129219/) | Nil |
| — | [HSN Code 68129290: Compressed asbestos fibre jointing in sheets or rolls](https://busy.in/hsn/hsn-68129290/) | Nil |