HSN Code 68129921: Asbestos Packing Joints

HSN Code 68129921 represents Asbestos Packing Joints under GST classification. This code helps businesses identify Asbestos Packing Joints correctly for billing, taxation, and trade. With HSN Code 68129921, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Asbestos Packing Joints.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 68129921

HSN Code 68129921 relates to the following description.

Description of Goods

Other : Other : Asbestos packing joints and gaskets : Packing joints

Chapter

68 - Articles of stone, plaster, cement, asbestos, mica or similar materials

Sub Chapter

6812 - Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 68129921 not include?

Asbestos Packing Joints does not include products with the following descriptions.

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 clothing, clothing accessories, footwear and headgear

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 paper, millboard and felt: millboard: asbestos

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 paper, millboard and felt: millboard: other

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 paper, millboard and felt: other

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 compressed asbestos fibre jointing, in sheets or rolls

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 other: lagging compounds: asbestos

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 other: lagging compounds: other

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 other: asbestos packing joints and gaskets: packing joints

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 other: asbestos packing joints and gaskets: gaskets

Fabricated asbestos fibres; mixtures with a basis of asbestos or with a basis of asbestos and magnesium carbonate; articles of such mixtures or of asbestos (for example, thread, woven fabric, clothing, headgear, footwear, gaskets), whether or not reinforced, other than goods of heading 6811 or 6813 other: asbestos packing joints and gaskets: other

India’s Trade Performance — HSN Code 68129921 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

< ₹1 Crore

+17.14% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+36.36% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5224 of 12657 HSN codes

% of Sub-Chapter 6812

FY 2024-25

0.48%

Share of Sub-Chapter 6812’s total exports in FY 2024-25

Import side: 2.02% of Sub-Chapter 6812’s imports

Rank Within Sub-Chapter 6812

FY 2024-25

#6 of 21

Position by export value among HSN codes in Sub-Chapter 6812

Import-side rank: #6 of 21

At a glance

12.71%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#8974

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+143.75%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.48%

Contribution to Sub-Ch. 6812

Share of Sub-Chapter 6812 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 68129921

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 Exp. Rank #8812

Balance

0.00

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.33% of Sub-Ch. 6812

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.53% of Sub-Ch. 6812

FY 2019-20 Exp. Rank #8918

Balance

−0.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−15.00% YoY

0.29% of Sub-Ch. 6812

Imports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

1.62% of Sub-Ch. 6812

FY 2020-21 Exp. Rank #9138

Balance

+0.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−29.41% YoY

0.21% of Sub-Ch. 6812

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−75.00% YoY

0.39% of Sub-Ch. 6812

FY 2021-22 Exp. Rank #9306

Balance

−0.30

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+33.33% YoY

0.23% of Sub-Ch. 6812

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+820.00% YoY

3.69% of Sub-Ch. 6812

FY 2022-23 Exp. Rank #8876

Balance

−0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+143.75% YoY

0.50% of Sub-Ch. 6812

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−13.04% YoY

3.89% of Sub-Ch. 6812

FY 2023-24 Exp. Rank #9076

Balance

+0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−10.26% YoY

0.46% of Sub-Ch. 6812

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−45.00% YoY

1.83% of Sub-Ch. 6812

FY 2024-25 Exp. Rank #8974

Balance

+0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+17.14% YoY

0.48% of Sub-Ch. 6812

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+36.36% YoY

2.02% of Sub-Ch. 6812

CAGR · 7-Year

Exports

12.71% /yr

Imports

6.99% /yr

Consistently Surplus
Sub-Chapter 6812 total

reference, FY 2024-25

Export

₹84.86 Cr

Import

₹14.87 Cr

Trade Balance

+69.99

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 68129921 Export-Import Analysis

Consistent Export Growth: 12.71% CAGR Over 7 Years

India's exports under HSN Code 68129921 have grown at a compound annual rate of 12.71% over 7 fiscal years, rising from ₹0.20 Crore in FY 2018-19 to ₹0.41 Crore in FY 2024-25.

HSN Code 68129921 Ranked #8974 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 68129921 ranks #8974 out of 12657 HSN codes by total export value. Within Sub-Chapter 6812, it ranks #6 of 21. By trade surplus, it ranks #5224 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 68129921 Exports

The strongest single-year export movement for HSN Code 68129921 was recorded in FY 2022-23, when exports surged by 143.75% over the prior year.

India Maintains a Trade Surplus of ₹0.11 Crore in HSN Code 68129921 Goods

In FY 2024-25, India's exports of ₹0.41 Cr exceeded imports of ₹0.30 Cr, resulting in a trade surplus of ₹0.11 Crore — ranking #5224 of 12657 by surplus magnitude.

Import Growth of 6.99% CAGR Signals Stable Import Dependency for Asbestos Packing Joints

India's imports under HSN Code 68129921 have grown at 6.99% CAGR, reaching ₹0.30 Crore in FY 2024-25.

HSN Code 68129921 Contributes 0.48% of Sub-Chapter 6812 Exports — Ranked #6

Among the 21 HSN codes under Sub-Chapter 6812, HSN Code 68129921 ranks #6 by export value — accounting for 0.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.02% share (rank #6).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 68129921 and GST compliance.

What products are classified under HSN 68129921 ?

It includes Articles of Mill Board

Do e‑way bill and e‑invoice apply for Asbestos Packing Joints?

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.

Does packaging or labelling change the GST for Asbestos Packing Joints?

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 Asbestos Packing Joints?

Under HSN 68129921, Asbestos Packing Joints attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Asbestos Packing Joints is sold with other items?

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

Can we claim ITC on inputs used to trade Asbestos Packing Joints?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.