---
title: "HSN Code for Other Asbestos Packing Joints & Gaskets | HSN 68129990 GST Rate"
description: "Find HSN and GST Rates for 68129990 related to Other Asbestos Packing Joints & Gaskets with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-68129990/"
---

# HSN Code 68129990: Other Asbestos Packing Joints & Gaskets

- [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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 68129990 ?

It includes Special Articles of Plaster or Cement

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

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

### Any common misclassification issue with Other Asbestos Packing Joints & Gaskets?

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 Asbestos Packing Joints & Gaskets?

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 Asbestos Packing Joints & Gaskets?

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.

### How much GST applies to Other Asbestos Packing Joints & Gaskets?

Under HSN 68129990, Other Asbestos Packing Joints & Gaskets attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 68129990 (FY 2024-25)

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

- Exports: ₹77 Cr (+9.47% YoY) — 0.0021% of India's total exports
- Imports: ₹6 Cr (+13.76% YoY) — 0.0001% of India's total imports
- Trade balance: ₹71 Cr (Surplus); surplus rank #1879 of 12657 HSN codes
- Share of Sub-Chapter 6812: 90.73% of its exports; import side 41.69%
- Rank within Sub-Chapter 6812: #1 of 21 by export value; import-side #1

### Key metrics

- Export CAGR: 58.42% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3020 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +317.98% in FY 2022-23
- Contribution to Sub-Ch. 6812: 90.73% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 68129990

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 | 4.87 | 0.0002% | — | 7.95% | 6.06 | 0.0002% | — | 46.26% | −1.19 | #5892 |
| FY 2019-20 | 3.88 | 0.0002% | −20.33% | 6.59% | 7.50 | 0.0002% | +23.76% | 60.68% | −3.62 | #6158 |
| FY 2020-21 | 4.89 | 0.0002% | +26.03% | 8.59% | 7.58 | 0.0003% | +1.07% | 59.40% | −2.69 | #5964 |
| FY 2021-22 | 17.46 | 0.0006% | +257.06% | 25.52% | 5.02 | 0.0001% | −33.77% | 40.26% | +12.44 | #4768 |
| FY 2022-23 | 72.98 | 0.0020% | +317.98% | 92.91% | 3.68 | 0.0001% | −26.69% | 35.83% | +69.30 | #2980 |
| FY 2023-24 | 70.33 | 0.0019% | −3.63% | 91.54% | 5.45 | 0.0001% | +48.10% | 45.45% | +64.88 | #3068 |
| FY 2024-25 | 76.99 | 0.0021% | +9.47% | 90.73% | 6.20 | 0.0001% | +13.76% | 41.69% | +70.79 | #3020 |

- CAGR (7-year): exports 58.42%/yr, imports 0.38%/yr (consistently Surplus)

## Key trade insights: HSN Code 68129990 export-import analysis

### Consistent export growth: 58.42% CAGR over 7 years

India's exports under HSN Code 68129990 have grown at a compound annual rate of 58.42% over 7 fiscal years, rising from ₹4.87 Crore in FY 2018-19 to ₹76.99 Crore in FY 2024-25.

### HSN Code 68129990 ranked #3020 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 68129990 ranks #3020 out of 12657 HSN codes by total export value. Within Sub-Chapter 6812, it ranks #1 of 21. By trade surplus, it ranks #1879 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 68129990 exports

The strongest single-year export movement for HSN Code 68129990 was recorded in FY 2022-23, when exports surged by 317.98% over the prior year.

### India maintains a trade surplus of ₹70.79 Crore in HSN Code 68129990 goods

In FY 2024-25, India's exports of ₹76.99 Cr exceeded imports of ₹6.20 Cr, resulting in a trade surplus of ₹70.79 Crore — ranking #1879 of 12657 by surplus magnitude.

### Import growth of 0.38% CAGR signals stable import dependency for Other Asbestos Packing Joints & Gaskets

India's imports under HSN Code 68129990 have grown at 0.38% CAGR, reaching ₹6.20 Crore in FY 2024-25.

### HSN Code 68129990 contributes 90.73% of Sub-Chapter 6812 exports — ranked #1

Among the 21 HSN codes under Sub-Chapter 6812, HSN Code 68129990 ranks #1 by export value — accounting for 90.73% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 41.69% share (rank #1).

## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-68129919/) | < ₹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 |