HSN Code 70197200: Mineral Wool Ropes and Yarns

HSN Code 70197200 represents Mineral Wool Ropes and Yarns under GST classification. This code helps businesses identify Mineral Wool Ropes and Yarns correctly for billing, taxation, and trade. With HSN Code 70197200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Mineral Wool Ropes and Yarns.

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 70197200

HSN Code 70197200 relates to the following description.

Description of Goods

Chemically bonded fabrics: Other closed fabrics

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 70197200 not include?

Mineral Wool Ropes and Yarns 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

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

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 70197200 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹9 Cr

+63.04% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹9 Cr

Trade Deficit

Surplus rank #9035 of 12657 HSN codes

% of Sub-Chapter 7019

FY 2024-25

0.00%

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

Import side: 0.27% of Sub-Chapter 7019’s imports

India Export-Import Trade Statistics for HSN Code 70197200

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

Balance

−0.21

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 7019

FY 2023-24

Balance

−5.79

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

Imports

5.79 ₹ Cr

0.0001% share

+2,657.14% YoY

0.19% of Sub-Ch. 7019

FY 2024-25

Balance

−9.44

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 7019

Imports

9.44 ₹ Cr

0.0002% share

+63.04% YoY

0.27% 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 70197200 Export-Import Analysis

Export Snapshot for HSN Code 70197200

India exported ₹0.00 Crore worth of Mineral Wool Ropes and Yarns in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

India Records a Trade Deficit of ₹9.44 Crore in HSN Code 70197200 Goods

In FY 2024-25, India's imports of ₹9.44 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹9.44 Crore — ranking #9035 of 12657 by surplus magnitude.

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 70197200 and GST compliance.

What products are classified under HSN 70197200 ?

It includes Other Mineral Wool Products

Can we claim ITC on inputs used to trade Mineral Wool Ropes and Yarns?

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 Ropes and Yarns?

Under HSN 70197200, Mineral Wool Ropes and Yarns attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Mineral Wool Ropes and Yarns?

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 Mineral Wool Ropes and Yarns?

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.

Do e‑way bill and e‑invoice apply for Mineral Wool Ropes and Yarns?

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.

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.