HSN Code 68129990: Other Asbestos Packing Joints & Gaskets

HSN Code 68129990 represents Other Asbestos Packing Joints & Gaskets under GST classification. This code helps businesses identify Other Asbestos Packing Joints & Gaskets correctly for billing, taxation, and trade. With HSN Code 68129990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Asbestos Packing Joints & Gaskets.

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Description of Goods for HSN Code 68129990

HSN Code 68129990 relates to the following description.

Description of Goods

Other : Other : Other

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 68129990 not include?

Other Asbestos Packing Joints & Gaskets 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 68129990 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

₹77 Cr

+9.47% vs FY 2023-24

0.0021% of India’s total exports

India’s Imports

FY 2024-25

₹6 Cr

+13.76% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹71 Cr

Trade Surplus

Surplus rank #1879 of 12657 HSN codes

% of Sub-Chapter 6812

FY 2024-25

90.73%

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

Import side: 41.69% of Sub-Chapter 6812’s imports

Rank Within Sub-Chapter 6812

FY 2024-25

#1 of 21

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

Import-side rank: #1 of 21

At a glance

58.42%

Export CAGR

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

#3020

National Export Rank

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

+317.98%

Peak Growth Year

FY 2022-23 · strongest single-year move

90.73%

Contribution to Sub-Ch. 6812

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5892

Balance

−1.19

Exports

4.87 ₹ Cr

0.0002% share

YoY

7.95% of Sub-Ch. 6812

Imports

6.06 ₹ Cr

0.0002% share

YoY

46.26% of Sub-Ch. 6812

FY 2019-20 Exp. Rank #6158

Balance

−3.62

Exports

3.88 ₹ Cr

0.0002% share

−20.33% YoY

6.59% of Sub-Ch. 6812

Imports

7.50 ₹ Cr

0.0002% share

+23.76% YoY

60.68% of Sub-Ch. 6812

FY 2020-21 Exp. Rank #5964

Balance

−2.69

Exports

4.89 ₹ Cr

0.0002% share

+26.03% YoY

8.59% of Sub-Ch. 6812

Imports

7.58 ₹ Cr

0.0003% share

+1.07% YoY

59.40% of Sub-Ch. 6812

FY 2021-22 Exp. Rank #4768

Balance

+12.44

Exports

17.46 ₹ Cr

0.0006% share

+257.06% YoY

25.52% of Sub-Ch. 6812

Imports

5.02 ₹ Cr

0.0001% share

−33.77% YoY

40.26% of Sub-Ch. 6812

FY 2022-23 Exp. Rank #2980

Balance

+69.30

Exports

72.98 ₹ Cr

0.0020% share

+317.98% YoY

92.91% of Sub-Ch. 6812

Imports

3.68 ₹ Cr

0.0001% share

−26.69% YoY

35.83% of Sub-Ch. 6812

FY 2023-24 Exp. Rank #3068

Balance

+64.88

Exports

70.33 ₹ Cr

0.0019% share

−3.63% YoY

91.54% of Sub-Ch. 6812

Imports

5.45 ₹ Cr

0.0001% share

+48.10% YoY

45.45% of Sub-Ch. 6812

FY 2024-25 Exp. Rank #3020

Balance

+70.79

Exports

76.99 ₹ Cr

0.0021% share

+9.47% YoY

90.73% of Sub-Ch. 6812

Imports

6.20 ₹ Cr

0.0001% share

+13.76% YoY

41.69% of Sub-Ch. 6812

CAGR · 7-Year

Exports

58.42% /yr

Imports

0.38% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 68129990 and GST compliance.

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.

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.