--- title: "HSN Code for Mineral Wool Semi-Finished Products | HSN 70196500 GST Rate" description: "Find HSN and GST Rates for 70196500 related to Mineral Wool Semi-Finished Products with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-70196500/" --- # HSN Code 70196500: Mineral Wool Semi-Finished Products - [Section 13: Guide to HSN Section 13](https://busy.in/hsn/section-13/) - [Chapter 70: Glass & Glassware](https://busy.in/hsn/chapter-70/) - [Sub-chapter 7019: Glass Fibres](https://busy.in/hsn/sub-chapter-7019/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Mechanically bonded fabrics: Open woven fabrics of a width not exceeding 30 cm | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 70196500 ? It includes Mineral Wool Felt and Mats ### How should mixed supplies be billed when Mineral Wool Semi-Finished Products is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Mineral Wool Semi-Finished Products; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Mineral Wool Semi-Finished Products? 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 Mineral Wool Semi-Finished Products? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Mineral Wool Semi-Finished Products? Under HSN 70196500, Mineral Wool Semi-Finished Products attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Mineral Wool Semi-Finished Products? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ## India's trade performance: HSN Code 70196500 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹22 Cr (+52.66% YoY) — 0.0006% of India's total exports - Imports: ₹4 Cr (+29.37% YoY) — 0.0001% of India's total imports - Trade balance: ₹18 Cr (Surplus); surplus rank #2913 of 12657 HSN codes - Share of Sub-Chapter 7019: 1.43% of its exports; import side 0.11% - Rank within Sub-Chapter 7019: #10 of 27 by export value; import-side #18 ### Key metrics - National export rank: #4775 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +75.06% in FY 2023-24 - Contribution to Sub-Ch. 7019: 1.43% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 70196500 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. 7019 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 7019 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2019-20 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2021-22 | Nil | 0.0000% | — | 0.00% | Nil | 0.0000% | — | 0.00% | 0.00 | — | | FY 2022-23 | 8.06 | 0.0002% | — | 0.56% | 1.25 | 0.0000% | — | 0.04% | +6.81 | #5902 | | FY 2023-24 | 14.11 | 0.0004% | +75.06% | 0.96% | 2.86 | 0.0001% | +128.80% | 0.10% | +11.25 | #5249 | | FY 2024-25 | 21.54 | 0.0006% | +52.66% | 1.43% | 3.70 | 0.0001% | +29.37% | 0.11% | +17.84 | #4775 | ## Key trade insights: HSN Code 70196500 export-import analysis ### Export snapshot for HSN Code 70196500 India exported ₹21.54 Crore worth of Mineral Wool Semi-Finished Products in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### HSN Code 70196500 ranked #4775 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 70196500 ranks #4775 out of 12657 HSN codes by total export value. Within Sub-Chapter 7019, it ranks #10 of 27. By trade surplus, it ranks #2913 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 70196500 exports The strongest single-year export movement for HSN Code 70196500 was recorded in FY 2023-24, when exports surged by 75.06% over the prior year. ### India maintains a trade surplus of ₹17.84 Crore in HSN Code 70196500 goods In FY 2024-25, India's exports of ₹21.54 Cr exceeded imports of ₹3.70 Cr, resulting in a trade surplus of ₹17.84 Crore — ranking #2913 of 12657 by surplus magnitude. ### HSN Code 70196500 contributes 1.43% of Sub-Chapter 7019 exports — ranked #10 Among the 27 HSN codes under Sub-Chapter 7019, HSN Code 70196500 ranks #10 by export value — accounting for 1.43% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.11% share (rank #18). ## Related HSN Codes in Sub-Chapter 7019 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 70199000: Other Mineral Wool Products](https://busy.in/hsn/hsn-70199000/) | ₹469 Cr | | #2 | [HSN Code 70196200: Mineral Wool (Rock Wool)](https://busy.in/hsn/hsn-70196200/) | ₹281 Cr | | #3 | [HSN Code 70198000: Mineral Wool Fireproof Products](https://busy.in/hsn/hsn-70198000/) | ₹204 Cr | | #4 | [HSN Code 70191200: Woven Glass Fabrics](https://busy.in/hsn/hsn-70191200/) | ₹146 Cr | | #5 | [HSN Code 70191900: Other Glass Filaments and Threads](https://busy.in/hsn/hsn-70191900/) | ₹114 Cr | | #6 | [HSN Code 70196400: Articles of Mineral Wool](https://busy.in/hsn/hsn-70196400/) | ₹76 Cr | | #7 | [HSN Code 70196600: Mineral Wool and Glass Wool Mixtures](https://busy.in/hsn/hsn-70196600/) | ₹63 Cr | | #8 | [HSN Code 70191500: Glass Yarn and Threads](https://busy.in/hsn/hsn-70191500/) | ₹56 Cr | | #9 | [HSN Code 70196900: Mineral Wool Boards and Panels](https://busy.in/hsn/hsn-70196900/) | ₹34 Cr | | #10 | HSN Code 70196500: Mineral Wool Semi-Finished Products (this hsn code) | ₹22 Cr |