---
title: "2524 HSN Code | HSN Code for Asbestos in India"
description: "Know more about 2524 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 2524 covering Asbestos."
canonical: "https://busy.in/hsn/sub-chapter-2524/"
---

# HSN Sub-chapter 2524: Asbestos

Asbestos

Part of [Chapter 25: Salt, Stones and Cement](https://busy.in/hsn/chapter-25/).

- Current GST rate: 5%
- Earlier GST rate: 5%

## HSN codes

| Code | Title |
| --- | --- |
| 25240011 | [Asbestos – asbestos: asbestos in rock form: amphibole](https://busy.in/hsn/hsn-25240011/) |
| 25240012 | [Asbestos – asbestos: asbestos in rock form: other](https://busy.in/hsn/hsn-25240012/) |
| 25240019 | [Asbestos Fibre: Chrysotile](https://busy.in/hsn/hsn-25240019/) |
| 25240021 | [Asbestos Fibre: Amosite](https://busy.in/hsn/hsn-25240021/) |
| 25240022 | [Asbestos Fibre: Other Graded Lengths](https://busy.in/hsn/hsn-25240022/) |
| 25240029 | [Asbestos – asbestos: flakes or powder: amosite](https://busy.in/hsn/hsn-25240029/) |
| 25240031 | [Asbestos – asbestos: flakes or powder: other](https://busy.in/hsn/hsn-25240031/) |
| 25240039 | [Asbestos – asbestos: other: waste](https://busy.in/hsn/hsn-25240039/) |
| 25240091 | [Asbestos – asbestos: other: other](https://busy.in/hsn/hsn-25240091/) |
| 25240099 | [Asbestos – crocidolite](https://busy.in/hsn/hsn-25240099/) |
| 25241000 | [Natural Calcium Borates & Concentrates](https://busy.in/hsn/hsn-25241000/) |
| 25241010 | [Crocidolite](https://busy.in/hsn/hsn-25241010/) |
| 25249011 | [Other\| In Rock Form\| Chrysotile](https://busy.in/hsn/hsn-25249011/) |
| 25249012 | [Other\| In Rock Form\| Amphibole](https://busy.in/hsn/hsn-25249012/) |
| 25249013 | [Other\| In Rock Form\| Crysolite](https://busy.in/hsn/hsn-25249013/) |
| 25249014 | [Other\| In Rock Form\| Amosite](https://busy.in/hsn/hsn-25249014/) |
| 25249019 | [Other \| In Rock Form \| Other](https://busy.in/hsn/hsn-25249019/) |
| 25249021 | [Chrysotile fibre raw](https://busy.in/hsn/hsn-25249021/) |
| 25249022 | [Amphibole fibre](https://busy.in/hsn/hsn-25249022/) |
| 25249023 | [Crysolite fibre](https://busy.in/hsn/hsn-25249023/) |
| 25249024 | [Amosite: raw, washed, graded fibre](https://busy.in/hsn/hsn-25249024/) |
| 25249029 | [Fibre raw, beaten or washed](https://busy.in/hsn/hsn-25249029/) |
| 25249031 | [Other\| Flakes Or Powder\| Chrysotile1](https://busy.in/hsn/hsn-25249031/) |
| 25249032 | [Other\| Flakes Or Powder\| Amphibole](https://busy.in/hsn/hsn-25249032/) |
| 25249033 | [Other\| Flakes Or Powder\| Crysolite](https://busy.in/hsn/hsn-25249033/) |
| 25249034 | [Other\| Flakes Or Powder\| Amosite](https://busy.in/hsn/hsn-25249034/) |
| 25249039 | [Other\| Flakes Or Powder\| Other](https://busy.in/hsn/hsn-25249039/) |
| 25249091 | [Other\| Other\| Waste](https://busy.in/hsn/hsn-25249091/) |
| 25249099 | [Other Asbestos Articles](https://busy.in/hsn/hsn-25249099/) |

## Frequently asked questions

### What products are classified under HSN 2524

It includes Asbestos

### How do I bill a kit or combo that includes Asbestos?

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.

### How should I document Asbestos sent for job work?

Use a delivery challan for sending Asbestos to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

### If I repair and return Asbestos, 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.

### What are the e‑way bill and e‑invoice points while moving Asbestos?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

### Is the composition scheme suitable if I mainly trade Asbestos?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

## India's trade performance: HSN Sub-Chapter 2524 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−99.75% YoY) — 0.0000% of India's total exports
- Imports: ₹2,119 Cr (−8.92% YoY) — 0.0347% of India's total imports
- Trade balance: −₹2,119 Cr (Deficit); surplus rank #1035 of 1233 sub-chapters
- Share of Chapter 25: 0.00% of its exports; import side 5.04%
- Rank within Chapter 25: #29 of 29 by export value; import-side #5

### Key metrics

- Export CAGR: -57.49% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1193 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +466.67% in FY 2021-22
- Contribution to Ch. 25: 0.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 2524

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 Ch. 25 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 25 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 3.39 | 0.0001% | — | 0.02% | 1,225.31 | 0.0341% | — | 6.15% | −1,221.92 | #1076 |
| FY 2019-20 | 3.10 | 0.0001% | −8.55% | 0.02% | 1,243.23 | 0.0371% | +1.46% | 6.69% | −1,240.13 | #1076 |
| FY 2020-21 | 1.20 | 0.0001% | −61.29% | 0.01% | 1,185.11 | 0.0407% | −4.67% | 6.84% | −1,183.91 | #1118 |
| FY 2021-22 | 6.80 | 0.0002% | +466.67% | 0.04% | 1,663.14 | 0.0364% | +40.34% | 5.54% | −1,656.34 | #1044 |
| FY 2022-23 | 21.74 | 0.0006% | +219.71% | 0.11% | 2,294.04 | 0.0399% | +37.93% | 6.06% | −2,272.30 | #975 |
| FY 2023-24 | 8.15 | 0.0002% | −62.51% | 0.04% | 2,326.04 | 0.0414% | +1.39% | 6.60% | −2,317.89 | #1053 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −99.75% | 0.00% | 2,118.53 | 0.0347% | −8.92% | 5.04% | −2,118.51 | #1193 |

- CAGR (7-year): exports -57.49%/yr, imports 9.55%/yr (consistently Deficit)

## Key trade insights: HSN Sub-Chapter 2524 export-import analysis

### Export decline: -57.49% CAGR over 7 years

India's exports under HSN Sub-Chapter 2524 have declined at a compound annual rate of -57.49% over 7 fiscal years, falling from ₹3.39 Crore in FY 2018-19 to ₹0.02 Crore in FY 2024-25.

### HSN Sub-Chapter 2524 ranked #1193 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 2524 ranks #1193 out of 1233 sub-chapters by total export value. Within Chapter 25, it ranks #29 of 29. By trade surplus, it ranks #1035 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 2524 exports

The strongest single-year export movement for HSN Sub-Chapter 2524 was recorded in FY 2021-22, when exports surged by 466.67% over the prior year.

### India records a trade deficit of ₹2,118.51 Crore in HSN Sub-Chapter 2524 goods

In FY 2024-25, India's imports of ₹2,118.53 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹2,118.51 Crore — ranking #1035 of 1233 by surplus magnitude.

### Import growth of 9.55% CAGR signals stable import dependency for Asbestos

India's imports under HSN Sub-Chapter 2524 have grown at 9.55% CAGR, reaching ₹2,118.53 Crore in FY 2024-25.

### HSN Sub-Chapter 2524 contributes 0.00% of Chapter 25 exports — ranked #29

Among the 29 sub-chapters under Chapter 25, HSN Sub-Chapter 2524 ranks #29 by export value — accounting for 0.00% of the chapter's total exports in FY 2024-25. On the import side, it holds 5.04% share (rank #5).

## Related Sub-Chapters in Chapter 25

Ranked by export value (FY 2024-25).

| Rank | HSN Sub-Chapter | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Sub-Chapter 2516: Granite & other monumental stones](https://busy.in/hsn/sub-chapter-2516/) | ₹4,213 Cr |
| #2 | [HSN Sub-Chapter 2501: Salt and sodium chloride](https://busy.in/hsn/sub-chapter-2501/) | ₹3,796 Cr |
| #3 | [HSN Sub-Chapter 2511: Natural Barium Compounds](https://busy.in/hsn/sub-chapter-2511/) | ₹1,241 Cr |
| #4 | [HSN Sub-Chapter 2508: Other Clays & Minerals](https://busy.in/hsn/sub-chapter-2508/) | ₹1,215 Cr |
| #5 | [HSN Sub-Chapter 2506: Quartzite cut into blocks or slabs](https://busy.in/hsn/sub-chapter-2506/) | ₹1,032 Cr |
| #6 | [HSN Sub-Chapter 2503: Sulfur products](https://busy.in/hsn/sub-chapter-2503/) | ₹983 Cr |
| #7 | [HSN Sub-Chapter 2517: Pebbles, Gravel, Crushed Stone](https://busy.in/hsn/sub-chapter-2517/) | ₹587 Cr |
| #8 | [HSN Sub-Chapter 2525: Mica, including splittings](https://busy.in/hsn/sub-chapter-2525/) | ₹564 Cr |
| #9 | [HSN Sub-Chapter 2529: Mineral substances](https://busy.in/hsn/sub-chapter-2529/) | ₹549 Cr |
| #10 | [HSN Sub-Chapter 2507: Kaolin clay](https://busy.in/hsn/sub-chapter-2507/) | ₹512 Cr |
| #29 | HSN Sub-Chapter 2524: Asbestos (this hsn sub-chapter) | < ₹1 Crore |

## Other sub-chapters

| Code | Title |
| --- | --- |
| 2501 | [Salt and sodium chloride](https://busy.in/hsn/sub-chapter-2501/) |
| 2502 | [Unroasted iron pyrites](https://busy.in/hsn/sub-chapter-2502/) |
| 2503 | [Sulfur products](https://busy.in/hsn/sub-chapter-2503/) |
| 2504 | [Natural graphite](https://busy.in/hsn/sub-chapter-2504/) |
| 2505 | [Natural stones & sands](https://busy.in/hsn/sub-chapter-2505/) |
| 2506 | [Quartzite cut into blocks or slabs](https://busy.in/hsn/sub-chapter-2506/) |
| 2507 | [Kaolin clay](https://busy.in/hsn/sub-chapter-2507/) |
| 2508 | [Other Clays & Minerals](https://busy.in/hsn/sub-chapter-2508/) |
| 2509 | [Chalk](https://busy.in/hsn/sub-chapter-2509/) |
| 2510 | [Natural phosphates](https://busy.in/hsn/sub-chapter-2510/) |
| 2511 | [Natural Barium Compounds](https://busy.in/hsn/sub-chapter-2511/) |
| 2512 | [Siliceous earths, calcined or unworked](https://busy.in/hsn/sub-chapter-2512/) |
| 2513 | [Natural abrasives](https://busy.in/hsn/sub-chapter-2513/) |
| 2514 | [Slate Blocks & Slabs](https://busy.in/hsn/sub-chapter-2514/) |
| 2515 | [Marble, travertine & building stones](https://busy.in/hsn/sub-chapter-2515/) |
| 2516 | [Granite & other monumental stones](https://busy.in/hsn/sub-chapter-2516/) |
| 2517 | [Pebbles, Gravel, Crushed Stone](https://busy.in/hsn/sub-chapter-2517/) |
| 2518 | [Dolomite, calcined or in slabs](https://busy.in/hsn/sub-chapter-2518/) |
| 2519 | [Magnesium carbonate & oxides](https://busy.in/hsn/sub-chapter-2519/) |
| 2520 | [Gypsum, Anhydrite, Plasters](https://busy.in/hsn/sub-chapter-2520/) |
| 2521 | [Limestone & calcareous stones](https://busy.in/hsn/sub-chapter-2521/) |
| 2522 | [Quicklime & hydraulic lime](https://busy.in/hsn/sub-chapter-2522/) |
| 2523 | [Portland & Similar Hydraulic Cements](https://busy.in/hsn/sub-chapter-2523/) |
| 2525 | [Mica, including splittings](https://busy.in/hsn/sub-chapter-2525/) |
| 2526 | [Natural steatite and talc](https://busy.in/hsn/sub-chapter-2526/) |
| 2528 | [Natural borates & boric acid](https://busy.in/hsn/sub-chapter-2528/) |
| 2529 | [Mineral substances](https://busy.in/hsn/sub-chapter-2529/) |
| 2530 | [Unspecified mineral substances](https://busy.in/hsn/sub-chapter-2530/) |