HSN Code 70196500: Mineral Wool Semi-Finished Products

HSN Code 70196500 represents Mineral Wool Semi-Finished Products under GST classification. This code helps businesses identify Mineral Wool Semi-Finished Products correctly for billing, taxation, and trade. With HSN Code 70196500, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Mineral Wool Semi-Finished Products.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 70196500

HSN Code 70196500 relates to the following description.

Description of Goods

Mechanically bonded fabrics: Open woven fabrics of a width not exceeding 30 cm

Chapter

70 - Glass and glassware

Sub Chapter

7019 - Glass fibres (including glass wool) and articles thereof (for example, yarn, rovings, woven fabrics)

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 70196500 not include?

Mineral Wool Semi-Finished Products does not include products with the following descriptions.

Slivers, rovings, yarn and chopped strands and mats thereof: Chopped strands, of a length of not more than 50 mm

Slivers, rovings, yarn and chopped strands and mats thereof: Other yarn, slivers

Slivers, rovings, yarn and chopped strands and mats thereof: Mechanically bonded mats

Slivers, rovings, yarn and chopped strands and mats thereof: Chemically bonded mats

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - thin sheets (voiles), webs, mats, mattresses, boards and similar non-woven products : mats

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - thin sheets (voiles), webs, mats, mattresses, boards and similar non-woven products : thin sheets (voiles)

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - thin sheets (voiles), webs, mats, mattresses, boards and similar non-woven products : other

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - woven fabrics of rovings

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other woven fabrics : of a width not exceeding 30 cm

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other woven fabrics : of a width exceeding 30 cm, plain weave, weighing less than 250 g/sq. metre, of filaments measuring per single yarn not more than 136 tex

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other woven fabrics : other

Mechanically bonded fabrics: Closed woven fabrics, plain weave, of yarns, not coated or laminated

Mechanically bonded fabrics: Closed woven fabrics, plain weave, of yarns, coated or laminated

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other: glass wool or glass fibre

Glass fibres (including glass wool) and articles thereof (for example, yarn, woven fabrics) - other: other

India’s Trade Performance — HSN Code 70196500 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

₹22 Cr

+52.66% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

+29.37% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹18 Cr

Trade Surplus

Surplus rank #2913 of 12657 HSN codes

% of Sub-Chapter 7019

FY 2024-25

1.43%

Share of Sub-Chapter 7019’s total exports in FY 2024-25

Import side: 0.11% of Sub-Chapter 7019’s imports

Rank Within Sub-Chapter 7019

FY 2024-25

#10 of 27

Position by export value among HSN codes in Sub-Chapter 7019

Import-side rank: #18 of 27

At a glance

#4775

National Export Rank

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

+75.06%

Peak Growth Year

FY 2023-24 · strongest single-year move

1.43%

Contribution to Sub-Ch. 7019

Share of Sub-Chapter 7019 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

FY 2022-23 Exp. Rank #5902

Balance

+6.81

Exports

8.06 ₹ Cr

0.0002% share

YoY

0.56% of Sub-Ch. 7019

Imports

1.25 ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 7019

FY 2023-24 Exp. Rank #5249

Balance

+11.25

Exports

14.11 ₹ Cr

0.0004% share

+75.06% YoY

0.96% of Sub-Ch. 7019

Imports

2.86 ₹ Cr

0.0001% share

+128.80% YoY

0.10% of Sub-Ch. 7019

FY 2024-25 Exp. Rank #4775

Balance

+17.84

Exports

21.54 ₹ Cr

0.0006% share

+52.66% YoY

1.43% of Sub-Ch. 7019

Imports

3.70 ₹ Cr

0.0001% share

+29.37% YoY

0.11% of Sub-Ch. 7019

Sub-Chapter 7019 total

reference, FY 2024-25

Export

₹1,502.17 Cr

Import

₹3,466.12 Cr

Trade Balance

−1,963.95

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

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).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 70196500 and GST compliance.

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.

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.