2516 HSN Code: Granite & other monumental stones

HSN Sub Chapter 2516 represents Granite & other monumental stones under GST classification. This code helps businesses identify Granite & other monumental stones correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 2516, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Granite & other monumental stones.

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

New GST Rate for HSN Code 2516

GST Rate for Granite & other monumental stones under HSN Code 2516. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

25

HSN Code

HSN Description

Granite, porphyry, basalt, sandstone and other monumental or building stone, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 2516

Following tariff HSN codes fall under Granite & other monumental stones.

Tariff HSN

Description

Granite: Crude or roughly trimmed

Tariff HSN

Description

Granite: Merely cut, by sawing or otherwise, into blocks of a rectangular (including square) shape

Tariff HSN

Description

Granite: Merely cut, by sawing or otherwise, into blocks of a rectangular (including square) shape (Other than blocks)

Tariff HSN

Description

Granite: Sandstone

Tariff HSN

Description

Granite, porphyry, basalt, sandstone and other monumental or building stone, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape - sandstone: crude or roughly trimmed

Tariff HSN

Description

Granite, porphyry, basalt, sandstone and other monumental or building stone, whether or not roughly trimmed or merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape - sandstone: merely cut, by sawing or otherwise, into blocks or slabs of a rectangular (including square) shape

Tariff HSN

Description

Other monumental or building stone: Pakur stone

Tariff HSN

Description

Other monumental or building stone: Stone boulders

Tariff HSN

Description

Other monumental or building stone: Other

India’s Trade Performance — HSN Sub-Chapter 2516 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

₹4,213 Cr

−12.82% vs FY 2023-24

0.1138% of India’s total exports

India’s Imports

FY 2024-25

₹126 Cr

+6.65% vs FY 2023-24

0.0021% of India’s total imports

Trade Balance

FY 2024-25

₹4,087 Cr

Trade Surplus

Surplus rank #83 of 1233 subchapters

% of Chapter 25

FY 2024-25

24.42%

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

Import side: 0.30% of Chapter 25’s imports

Rank Within Chapter 25

FY 2024-25

#1 of 29

Position by export value among subchapters in Chapter 25

Import-side rank: #20 of 29

At a glance

−4.78%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#147

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+9.35%

Peak Growth Year

FY 2020-21 · strongest single-year move

24.42%

Contribution to Ch. 25

Share of Chapter 25 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 2516

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 Exp. Rank #76

Balance

+5,501.62

Exports

5,651.09 ₹ Cr

0.2462% share

YoY

36.24% of Ch. 25

Imports

149.47 ₹ Cr

0.0042% share

YoY

0.75% of Ch. 25

FY 2019-20 Exp. Rank #78

Balance

+5,248.35

Exports

5,378.83 ₹ Cr

0.2435% share

−4.82% YoY

37.99% of Ch. 25

Imports

130.48 ₹ Cr

0.0039% share

−12.70% YoY

0.70% of Ch. 25

FY 2020-21 Exp. Rank #65

Balance

+5,778.50

Exports

5,881.93 ₹ Cr

0.2735% share

+9.35% YoY

33.39% of Ch. 25

Imports

103.43 ₹ Cr

0.0035% share

−20.73% YoY

0.60% of Ch. 25

FY 2021-22 Exp. Rank #84

Balance

+6,274.57

Exports

6,381.73 ₹ Cr

0.2034% share

+8.50% YoY

37.62% of Ch. 25

Imports

107.16 ₹ Cr

0.0023% share

+3.61% YoY

0.36% of Ch. 25

FY 2022-23 Exp. Rank #124

Balance

+4,903.43

Exports

5,036.27 ₹ Cr

0.1391% share

−21.08% YoY

26.51% of Ch. 25

Imports

132.84 ₹ Cr

0.0023% share

+23.96% YoY

0.35% of Ch. 25

FY 2023-24 Exp. Rank #132

Balance

+4,714.31

Exports

4,832.84 ₹ Cr

0.1336% share

−4.04% YoY

26.24% of Ch. 25

Imports

118.53 ₹ Cr

0.0021% share

−10.77% YoY

0.34% of Ch. 25

FY 2024-25 Exp. Rank #147

Balance

+4,087.03

Exports

4,213.44 ₹ Cr

0.1138% share

−12.82% YoY

24.42% of Ch. 25

Imports

126.41 ₹ Cr

0.0021% share

+6.65% YoY

0.30% of Ch. 25

CAGR · 7-Year

Exports

−4.78% /yr

Imports

−2.75% /yr

Consistently Surplus
Chapter 25 total

reference, FY 2024-25

Export

₹17,254.80 Cr

Import

₹42,072.00 Cr

Trade Balance

−24,817.20

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

Key Trade Insights: HSN Sub-Chapter 2516 Export-Import Analysis

Export Decline: −4.78% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 2516 have declined at a compound annual rate of −4.78% over 7 fiscal years, falling from ₹5,651.09 Crore in FY 2018-19 to ₹4,213.44 Crore in FY 2024-25.

HSN Sub-Chapter 2516 Ranked #147 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 2516 ranks #147 out of 1233 subchapters by total export value. Within Chapter 25, it ranks #1 of 29. By trade surplus, it ranks #83 of 1233.

FY 2020-21 Was the Strongest Growth Year for HSN Sub-Chapter 2516 Exports

The strongest single-year export movement for HSN Sub-Chapter 2516 was recorded in FY 2020-21, when exports surged by 9.35% over the prior year.

India Maintains a Trade Surplus of ₹4,087.03 Crore in HSN Sub-Chapter 2516 Goods

In FY 2024-25, India's exports of ₹4,213.44 Cr exceeded imports of ₹126.41 Cr, resulting in a trade surplus of ₹4,087.03 Crore — ranking #83 of 1233 by surplus magnitude.

Import Growth of −2.75% CAGR Signals Stable Import Dependency for Granite & other monumental stones

India's imports under HSN Sub-Chapter 2516 have grown at −2.75% CAGR, reaching ₹126.41 Crore in FY 2024-25.

HSN Sub-Chapter 2516 Contributes 24.42% of Chapter 25 Exports — Ranked #1

Among the 29 subchapters under Chapter 25, HSN Sub-Chapter 2516 ranks #1 by export value — accounting for 24.42% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.30% share (rank #20).

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 Sub Chapter 2516 and GST compliance.

What products are classified under HSN 2516

It includes Granite & other monumental stones

Do spares or accessories of Granite & other monumental stones follow the same HSN?

Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.

If I repair and return Granite & other monumental stones, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

How do I bill a kit or combo that includes Granite & other monumental stones?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

Can reverse charge ever apply to transactions involving Granite & other monumental stones?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Granite & other monumental stones are forward charge. Check the current notifications for any special cases before deciding.

Can I claim ITC on inputs and services used for Granite & other monumental stones?

If your outward supply of Granite & other monumental stones is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

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.

Explore More HSN Codes from Chapter 25