HSN Code 68159100: Asbestos and Similar Articles

HSN Code 68159100 represents Asbestos and Similar Articles under GST classification. This code helps businesses identify Asbestos and Similar Articles correctly for billing, taxation, and trade. With HSN Code 68159100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Asbestos and Similar Articles.

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Description of Goods for HSN Code 68159100

HSN Code 68159100 relates to the following description.

Description of Goods

Other articles : Containing magnesite, magnesia in the form of periclase, dolomite including in the form of dolime, or chromite

Chapter

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

Sub Chapter

6815 - Articles of stone or of other mineral substances (including carbon fibres, articles of carbon fibres and articles of peat), not elsewhere specified or included [other than Fly ash bricks; Fly ash aggregates; Fly ash blocks]

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 68159100 not include?

Asbestos and Similar Articles does not include products with the following descriptions.

Articles of stone or of other mineral substances (including carbon fibres, articles of carbon fibres and articles of peat), not elsewhere specified or included non-electrical articles of graphite or other carbon: graphite filter candle

Articles of stone or of other mineral substances (including carbon fibres, articles of carbon fibres and articles of peat), not elsewhere specified or included non-electrical articles of graphite or other carbon: non-electrical articles of graphite

Articles of stone or of other mineral substances (including carbon fibres, articles of carbon fibres and articles of peat), not elsewhere specified or included non-electrical articles of graphite or other carbon: other

Carbon fibres; articles of carbon fibres for non-electrical uses; other articles of graphite or other carbon for non-electrical uses: Carbon fibres

Carbon fibres; articles of carbon fibres for non-electrical uses; other articles of graphite or other carbon for non-electrical uses: Fabrics of carbon fibres

Carbon fibres; articles of carbon fibres for non-electrical uses; other articles of graphite or other carbon for non-electrical uses: Other articles of carbon fibres

Carbon fibres; articles of carbon fibres for non-electrical uses; other articles of graphite or other carbon for non-electrical uses: Other

Other articles : Other : Bricks and tiles of fly ash- with ITC (w.e.f. 01.04.2022)

Other articles : Other : Bricks and tiles of fly ash- without ITC (w.e.f. 01.04.2022)

Other articles : Other : Bricks and tiles of fly ash [other than Fly ash bricks; Fly ash aggregates; Fly ash blocks]

Other articles : Other : Sanitary wares, kitchen wares and other made up articles of fly ash

Basalt fibre, filament and articles thereof conforming to astm d3039, c1185

India’s Trade Performance — HSN Code 68159100 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

₹35 Cr

+50.80% vs FY 2023-24

0.0009% of India’s total exports

India’s Imports

FY 2024-25

₹530 Cr

−32.91% vs FY 2023-24

0.0087% of India’s total imports

Trade Balance

FY 2024-25

−₹496 Cr

Trade Deficit

Surplus rank #11889 of 12657 HSN codes

% of Sub-Chapter 6815

FY 2024-25

3.12%

Share of Sub-Chapter 6815’s total exports in FY 2024-25

Import side: 18.47% of Sub-Chapter 6815’s imports

Rank Within Sub-Chapter 6815

FY 2024-25

#5 of 13

Position by export value among HSN codes in Sub-Chapter 6815

Import-side rank: #3 of 13

At a glance

22.67%

Export CAGR

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

#4121

National Export Rank

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

+519.52%

Peak Growth Year

FY 2021-22 · strongest single-year move

3.12%

Contribution to Sub-Ch. 6815

Share of Sub-Chapter 6815 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 68159100

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 #4969

Balance

−1,037.47

Exports

10.20 ₹ Cr

0.0004% share

YoY

1.09% of Sub-Ch. 6815

Imports

1,047.67 ₹ Cr

0.0292% share

YoY

39.61% of Sub-Ch. 6815

FY 2019-20 Exp. Rank #6316

Balance

−567.70

Exports

3.37 ₹ Cr

0.0002% share

−66.96% YoY

0.42% of Sub-Ch. 6815

Imports

571.07 ₹ Cr

0.0171% share

−45.49% YoY

26.29% of Sub-Ch. 6815

FY 2020-21 Exp. Rank #6591

Balance

−453.80

Exports

2.92 ₹ Cr

0.0001% share

−13.35% YoY

0.32% of Sub-Ch. 6815

Imports

456.72 ₹ Cr

0.0157% share

−20.02% YoY

30.58% of Sub-Ch. 6815

FY 2021-22 Exp. Rank #4719

Balance

−766.69

Exports

18.09 ₹ Cr

0.0006% share

+519.52% YoY

1.47% of Sub-Ch. 6815

Imports

784.78 ₹ Cr

0.0172% share

+71.83% YoY

35.87% of Sub-Ch. 6815

FY 2022-23 Exp. Rank #4536

Balance

−935.09

Exports

22.66 ₹ Cr

0.0006% share

+25.26% YoY

2.26% of Sub-Ch. 6815

Imports

957.75 ₹ Cr

0.0167% share

+22.04% YoY

37.32% of Sub-Ch. 6815

FY 2023-24 Exp. Rank #4565

Balance

−767.44

Exports

23.05 ₹ Cr

0.0006% share

+1.72% YoY

2.23% of Sub-Ch. 6815

Imports

790.49 ₹ Cr

0.0141% share

−17.46% YoY

34.58% of Sub-Ch. 6815

FY 2024-25 Exp. Rank #4121

Balance

−495.57

Exports

34.76 ₹ Cr

0.0009% share

+50.80% YoY

3.12% of Sub-Ch. 6815

Imports

530.33 ₹ Cr

0.0087% share

−32.91% YoY

18.47% of Sub-Ch. 6815

CAGR · 7-Year

Exports

22.67% /yr

Imports

−10.73% /yr

Consistently Deficit
Sub-Chapter 6815 total

reference, FY 2024-25

Export

₹1,114.62 Cr

Import

₹2,871.83 Cr

Trade Balance

−1,757.21

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

Key Trade Insights: HSN Code 68159100 Export-Import Analysis

Consistent Export Growth: 22.67% CAGR Over 7 Years

India's exports under HSN Code 68159100 have grown at a compound annual rate of 22.67% over 7 fiscal years, rising from ₹10.20 Crore in FY 2018-19 to ₹34.76 Crore in FY 2024-25.

HSN Code 68159100 Ranked #4121 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 68159100 ranks #4121 out of 12657 HSN codes by total export value. Within Sub-Chapter 6815, it ranks #5 of 13. By trade surplus, it ranks #11889 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 68159100 Exports

The strongest single-year export movement for HSN Code 68159100 was recorded in FY 2021-22, when exports surged by 519.52% over the prior year.

India Records a Trade Deficit of ₹495.57 Crore in HSN Code 68159100 Goods

In FY 2024-25, India's imports of ₹530.33 Cr exceeded exports of ₹34.76 Cr, resulting in a trade deficit of ₹495.57 Crore — ranking #11889 of 12657 by surplus magnitude.

Import Growth of −10.73% CAGR Signals Stable Import Dependency for Asbestos and Similar Articles

India's imports under HSN Code 68159100 have grown at −10.73% CAGR, reaching ₹530.33 Crore in FY 2024-25.

HSN Code 68159100 Contributes 3.12% of Sub-Chapter 6815 Exports — Ranked #5

Among the 13 HSN codes under Sub-Chapter 6815, HSN Code 68159100 ranks #5 by export value — accounting for 3.12% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 18.47% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 68159100 and GST compliance.

What products are classified under HSN 68159100 ?

It includes Miscellaneous Lagging Compounds

Does packaging or labelling change the GST for Asbestos and Similar Articles?

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 Asbestos and Similar Articles?

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 Asbestos and Similar Articles?

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 Asbestos and Similar Articles?

Under HSN 68159100, Asbestos and Similar Articles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Asbestos and Similar Articles?

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.