HSN Code 69029030: Vermiculite Insulation Bricks
HSN Code 69029030 represents Vermiculite Insulation Bricks under GST classification. This code helps businesses identify Vermiculite Insulation Bricks correctly for billing, taxation, and trade. With HSN Code 69029030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Vermiculite Insulation Bricks.
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Description of Goods for HSN Code 69029030
HSN Code 69029030 relates to the following description.
What does HSN Code 69029030 not include?
Vermiculite Insulation Bricks does not include products with the following descriptions.
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Magnesite bricks and shapes
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Chrome magnesite bricks
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Magnesite chrome bricks and shapes
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Magnesia carbon bricks and shapes
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Direct bonded basic bricks and shapes
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Other
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Silica bricks and shapes
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : High alumina bricks and shapes
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Alumina carbon bricks and shapes
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Silicon Carbide bricks and shapes
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Mullite bricks
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Other
Other : Fire clay bricks and shapes
Other : Graphite bricks and shapes
Other : Clay graphite stopper heads
Other : Other
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Magnesite bricks and shapes
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Chrome magnesite bricks
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Magnesite chrome bricks and shapes
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Magnesia carbon bricks and shapes
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Direct bonded basic bricks and shapes
Containing by weight, singly or together, more than 50% of the elements Mg, Ca or Cr, expressed as MgO, CaO or Cr2 O3 : Other
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Silica bricks and shapes
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : High alumina bricks and shapes
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Alumina carbon bricks and shapes
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Silicon Carbide bricks and shapes
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Mullite bricks
Containing by weight more than 50% of alumina (Al2 O3 ), of silica (SiO2 ) or of a mixture or compound of these products : Other
Other : Fire clay bricks and shapes
Other : Graphite bricks and shapes
Other : Clay graphite stopper heads
Other : Other
India’s Trade Performance — HSN Code 69029030 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #7839 of 12657 HSN codes
% of Sub-Chapter 6902
FY 2024-250.02%
Share of Sub-Chapter 6902’s total exports in FY 2024-25
Import side: 0.04% of Sub-Chapter 6902’s imports
Rank Within Sub-Chapter 6902
FY 2024-25#17 of 17
Position by export value among HSN codes in Sub-Chapter 6902
Import-side rank: #15 of 17
At a glance
−6.91%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8974
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+166.67%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.02%
Contribution to Sub-Ch. 6902
Share of Sub-Chapter 6902 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 69029030
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+0.63
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.05% of Sub-Ch. 6902
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 6902
Balance
+0.39
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−30.16% YoY
0.03% of Sub-Ch. 6902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 6902
Balance
−1.75
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+6.82% YoY
0.03% of Sub-Ch. 6902
Imports
2.22 ₹ Cr
0.0001% share
+4,340.00% YoY
0.20% of Sub-Ch. 6902
Balance
+0.29
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−17.02% YoY
0.03% of Sub-Ch. 6902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−95.50% YoY
0.01% of Sub-Ch. 6902
Balance
+1.03
Exports
1.04 ₹ Cr
0.0000% share
+166.67% YoY
0.06% of Sub-Ch. 6902
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−90.00% YoY
0.00% of Sub-Ch. 6902
Balance
+0.61
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−41.35% YoY
0.03% of Sub-Ch. 6902
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 6902
Balance
−0.81
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−32.79% YoY
0.02% of Sub-Ch. 6902
Imports
1.22 ₹ Cr
0.0000% share
— YoY
0.04% of Sub-Ch. 6902
CAGR · 7-Year
Exports
−6.91% /yr
Imports
—
reference, FY 2024-25
Export
₹1,956.03 Cr
Import
₹2,763.72 Cr
Trade Balance
−807.69
Key Trade Insights: HSN Code 69029030 Export-Import Analysis
Export Decline: −6.91% CAGR Over 7 Years
India's exports under HSN Code 69029030 have declined at a compound annual rate of −6.91% over 7 fiscal years, falling from ₹0.63 Crore in FY 2018-19 to ₹0.41 Crore in FY 2024-25.
HSN Code 69029030 Ranked #8974 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 69029030 ranks #8974 out of 12657 HSN codes by total export value. Within Sub-Chapter 6902, it ranks #17 of 17. By trade surplus, it ranks #7839 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 69029030 Exports
The strongest single-year export movement for HSN Code 69029030 was recorded in FY 2022-23, when exports surged by 166.67% over the prior year.
India Records a Trade Deficit of ₹0.81 Crore in HSN Code 69029030 Goods
In FY 2024-25, India's imports of ₹1.22 Cr exceeded exports of ₹0.41 Cr, resulting in a trade deficit of ₹0.81 Crore — ranking #7839 of 12657 by surplus magnitude.
HSN Code 69029030 Contributes 0.02% of Sub-Chapter 6902 Exports — Ranked #17
Among the 17 HSN codes under Sub-Chapter 6902, HSN Code 69029030 ranks #17 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.04% share (rank #15).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 69029030 and GST compliance.
What products are classified under HSN 69029030 ?
It includes Free Carbon Ceramic Refractory Goods
Any common misclassification issue with Vermiculite Insulation Bricks?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Does packaging or labelling change the GST for Vermiculite Insulation Bricks?
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.
Can we claim ITC on inputs used to trade Vermiculite Insulation Bricks?
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 Vermiculite Insulation Bricks is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vermiculite Insulation Bricks; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Vermiculite Insulation Bricks?
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.