--- title: "HSN Code for Lagging Compounds of Asbestos | HSN 68159910 GST Rate" description: "Find HSN and GST Rates for 68159910 related to Lagging Compounds of Asbestos with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-68159910/" --- # HSN Code 68159910: Lagging Compounds of Asbestos - [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 6815: Stone/mineral articles, carbon fibres](https://busy.in/hsn/sub-chapter-6815/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other articles : Other : Bricks and tiles of fly ash- with ITC (w.e.f. 01.04.2022) | 6% | 6% | 12% | 0% | | Other articles : Other : Bricks and tiles of fly ash- without ITC (w.e.f. 01.04.2022) | 3% | 3% | 6% | 0% | | Other articles : Other : Bricks and tiles of fly ash [other than Fly ash bricks; Fly ash aggregates; Fly ash blocks] | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 68159910 ? It includes Porcelain Veneered Sanitary Fixtures ### Do e‑way bill and e‑invoice apply for Lagging Compounds of Asbestos? 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 Lagging Compounds of Asbestos? 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 Lagging Compounds of Asbestos? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How should mixed supplies be billed when Lagging Compounds of Asbestos is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Lagging Compounds of Asbestos; Nil for exempt items if applicable). ### How much GST applies to Lagging Compounds of Asbestos? Under HSN 68159910, Lagging Compounds of Asbestos attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 68159910 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹23 Cr (−40.71% YoY) — 0.0006% of India's total exports - Imports: ₹2 Cr (+87.63% YoY) — 0.0000% of India's total imports - Trade balance: ₹21 Cr (Surplus); surplus rank #2788 of 12657 HSN codes - Share of Sub-Chapter 6815: 2.04% of its exports; import side 0.06% - Rank within Sub-Chapter 6815: #7 of 13 by export value; import-side #7 ### Key metrics - Export CAGR: 29.68% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4690 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +233.61% in FY 2019-20 - Contribution to Sub-Ch. 6815: 2.04% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 68159910 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. 6815 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 6815 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.79 | 0.0002% | — | 0.51% | 2.44 | 0.0001% | — | 0.09% | +2.35 | #5912 | | FY 2019-20 | 15.98 | 0.0007% | +233.61% | 2.01% | 1.64 | 0.0000% | −32.79% | 0.08% | +14.34 | #4424 | | FY 2020-21 | 37.90 | 0.0018% | +137.17% | 4.15% | < ₹1 Crore | 0.0000% | −56.71% | 0.05% | +37.19 | #3339 | | FY 2021-22 | 67.22 | 0.0021% | +77.36% | 5.48% | < ₹1 Crore | 0.0000% | −80.28% | 0.01% | +67.08 | #2934 | | FY 2022-23 | 100.29 | 0.0028% | +49.20% | 10.00% | 1.04 | 0.0000% | +642.86% | 0.04% | +99.25 | #2524 | | FY 2023-24 | 38.42 | 0.0011% | −61.69% | 3.71% | < ₹1 Crore | 0.0000% | −6.73% | 0.04% | +37.45 | #3897 | | FY 2024-25 | 22.78 | 0.0006% | −40.71% | 2.04% | 1.82 | 0.0000% | +87.63% | 0.06% | +20.96 | #4690 | - CAGR (7-year): exports 29.68%/yr, imports -4.77%/yr (consistently Surplus) ## Key trade insights: HSN Code 68159910 export-import analysis ### Consistent export growth: 29.68% CAGR over 7 years India's exports under HSN Code 68159910 have grown at a compound annual rate of 29.68% over 7 fiscal years, rising from ₹4.79 Crore in FY 2018-19 to ₹22.78 Crore in FY 2024-25. ### HSN Code 68159910 ranked #4690 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 68159910 ranks #4690 out of 12657 HSN codes by total export value. Within Sub-Chapter 6815, it ranks #7 of 13. By trade surplus, it ranks #2788 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 68159910 exports The strongest single-year export movement for HSN Code 68159910 was recorded in FY 2019-20, when exports surged by 233.61% over the prior year. ### India maintains a trade surplus of ₹20.96 Crore in HSN Code 68159910 goods In FY 2024-25, India's exports of ₹22.78 Cr exceeded imports of ₹1.82 Cr, resulting in a trade surplus of ₹20.96 Crore — ranking #2788 of 12657 by surplus magnitude. ### Import growth of -4.77% CAGR signals stable import dependency for Lagging Compounds of Asbestos India's imports under HSN Code 68159910 have grown at -4.77% CAGR, reaching ₹1.82 Crore in FY 2024-25. ### HSN Code 68159910 contributes 2.04% of Sub-Chapter 6815 exports — ranked #7 Among the 13 HSN codes under Sub-Chapter 6815, HSN Code 68159910 ranks #7 by export value — accounting for 2.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #7). ## Related HSN Codes in Sub-Chapter 6815 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 68159990: Miscellaneous Lagging Compounds](https://busy.in/hsn/hsn-68159990/) | ₹837 Cr | | #2 | [HSN Code 68151300: Articles of Asbestos Mixtures](https://busy.in/hsn/hsn-68151300/) | ₹83 Cr | | #3 | [HSN Code 68151900: Other Articles of Asbestos](https://busy.in/hsn/hsn-68151900/) | ₹70 Cr | | #4 | [HSN Code 68151200: Other Asbestos Cement Articles](https://busy.in/hsn/hsn-68151200/) | ₹41 Cr | | #5 | [HSN Code 68159100: Asbestos and Similar Articles](https://busy.in/hsn/hsn-68159100/) | ₹35 Cr | | #6 | [HSN Code 68151100: Articles of Asbestos Cement](https://busy.in/hsn/hsn-68151100/) | ₹26 Cr | | #7 | HSN Code 68159910: Lagging Compounds of Asbestos (this hsn code) | ₹23 Cr | | #8 | [HSN Code 68159920: Other Lagging Compounds](https://busy.in/hsn/hsn-68159920/) | < ₹1 Crore | | #9 | [HSN Code 68152000: Asbestos Textile and Millboard Articles](https://busy.in/hsn/hsn-68152000/) | < ₹1 Crore | | — | [HSN Code 68151010: Other Non-Electrical Graphite/Carbon Articles](https://busy.in/hsn/hsn-68151010/) | Nil |