--- title: "HSN Code for Other Asbestos Textile Materials | HSN 68141090 GST Rate" description: "Find HSN and GST Rates for 68141090 related to Other Asbestos Textile Materials with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-68141090/" --- # HSN Code 68141090: Other Asbestos Textile Materials - [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 6814: Worked Mica Articles](https://busy.in/hsn/sub-chapter-6814/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Plates, sheets and strips of agglomerated or reconstituted mica, whether or not on a support : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 68141090 ? It includes Articles of Plaster or Cement ### Can we claim ITC on inputs used to trade Other Asbestos Textile Materials? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Other Asbestos Textile Materials is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Asbestos Textile Materials; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Other Asbestos Textile Materials? 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. ### Any common misclassification issue with Other Asbestos Textile Materials? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Other Asbestos Textile Materials? Under HSN 68141090, Other Asbestos Textile Materials attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Other Asbestos Textile Materials? 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 68141090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹70 Cr (+26.27% YoY) — 0.0019% of India's total exports - Imports: ₹123 Cr (+19.98% YoY) — 0.0020% of India's total imports - Trade balance: −₹53 Cr (Deficit); surplus rank #10288 of 12657 HSN codes - Share of Sub-Chapter 6814: 47.08% of its exports; import side 61.09% - Rank within Sub-Chapter 6814: #1 of 11 by export value; import-side #1 ### Key metrics - Export CAGR: 0.41% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3142 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +26.27% in FY 2024-25 - Contribution to Sub-Ch. 6814: 47.08% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 68141090 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. 6814 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6814 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 68.70 | 0.0030% | — | 56.36% | 58.65 | 0.0016% | — | 56.42% | +10.05 | #2446 | | FY 2019-20 | 72.91 | 0.0033% | +6.13% | 61.31% | 68.04 | 0.0020% | +16.01% | 59.41% | +4.87 | #2399 | | FY 2020-21 | 51.96 | 0.0024% | −28.73% | 51.46% | 64.32 | 0.0022% | −5.47% | 57.89% | −12.36 | #2872 | | FY 2021-22 | 42.18 | 0.0013% | −18.82% | 28.47% | 65.53 | 0.0014% | +1.88% | 56.37% | −23.35 | #3602 | | FY 2022-23 | 47.92 | 0.0013% | +13.61% | 39.13% | 75.83 | 0.0013% | +15.72% | 53.80% | −27.91 | #3536 | | FY 2023-24 | 55.77 | 0.0015% | +16.38% | 43.71% | 102.76 | 0.0018% | +35.51% | 58.43% | −46.99 | #3371 | | FY 2024-25 | 70.42 | 0.0019% | +26.27% | 47.08% | 123.29 | 0.0020% | +19.98% | 61.09% | −52.87 | #3142 | - CAGR (7-year): exports 0.41%/yr, imports 13.18%/yr (consistently Deficit) ## Key trade insights: HSN Code 68141090 export-import analysis ### Consistent export growth: 0.41% CAGR over 7 years India's exports under HSN Code 68141090 have grown at a compound annual rate of 0.41% over 7 fiscal years, rising from ₹68.70 Crore in FY 2018-19 to ₹70.42 Crore in FY 2024-25. ### HSN Code 68141090 ranked #3142 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 68141090 ranks #3142 out of 12657 HSN codes by total export value. Within Sub-Chapter 6814, it ranks #1 of 11. By trade surplus, it ranks #10288 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 68141090 exports The strongest single-year export movement for HSN Code 68141090 was recorded in FY 2024-25, when exports surged by 26.27% over the prior year. ### India records a trade deficit of ₹52.87 Crore in HSN Code 68141090 goods In FY 2024-25, India's imports of ₹123.29 Cr exceeded exports of ₹70.42 Cr, resulting in a trade deficit of ₹52.87 Crore — ranking #10288 of 12657 by surplus magnitude. ### Import growth of 13.18% CAGR signals rising demand for Other Asbestos Textile Materials India's imports under HSN Code 68141090 have grown at 13.18% CAGR, reaching ₹123.29 Crore in FY 2024-25. ### HSN Code 68141090 contributes 47.08% of Sub-Chapter 6814 exports — ranked #1 Among the 11 HSN codes under Sub-Chapter 6814, HSN Code 68141090 ranks #1 by export value — accounting for 47.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 61.09% share (rank #1). ## Related HSN Codes in Sub-Chapter 6814 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 68141090: Other Asbestos Textile Materials (this hsn code) | ₹70 Cr | | #2 | [HSN Code 68149090: Miscellaneous Cement Articles](https://busy.in/hsn/hsn-68149090/) | ₹57 Cr | | #3 | [HSN Code 68141020: Other Asbestos Textile Articles](https://busy.in/hsn/hsn-68141020/) | ₹8 Cr | | #4 | [HSN Code 68141030: Asbestos Felt and Yarn](https://busy.in/hsn/hsn-68141030/) | ₹5 Cr | | #5 | [HSN Code 68149040: Other Articles of Plaster or Cement](https://busy.in/hsn/hsn-68149040/) | ₹5 Cr | | #6 | [HSN Code 68141010: Asbestos Textile Fabrics](https://busy.in/hsn/hsn-68141010/) | ₹3 Cr | | #7 | [HSN Code 68149030: Articles of Plaster or Cement](https://busy.in/hsn/hsn-68149030/) | < ₹1 Crore | | #8 | [HSN Code 68149010: Reinforced Cement Articles](https://busy.in/hsn/hsn-68149010/) | < ₹1 Crore | | #9 | [HSN Code 68149060: Other Cement Pipes & Articles](https://busy.in/hsn/hsn-68149060/) | < ₹1 Crore | | — | [HSN Code 68149020: Other Reinforced Cement Products](https://busy.in/hsn/hsn-68149020/) | Nil |