Consistent Export Growth: 2.81% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 6806 have grown at a compound annual rate of 2.81% over 7 fiscal years, rising from ₹274.38 Crore in FY 2018-19 to ₹324.02 Crore in FY 2024-25.
HSN Sub Chapter 6806 represents Mineral wools under GST classification. This code helps businesses identify Mineral wools correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 6806, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Mineral wools.
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GST Rate for Mineral wools under HSN Code 6806. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
68HSN Code
HSN Description
Slag wool, rock wool and similar mineral wools; exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials; mixtures and articles of heat-insulating, sound-insulating or sound-absorbing mineral materials, other than those of heading 6811 or 6812 or of chapter 69
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Mineral wools.
Tariff HSN
Description
Slag wool, rock wool and similar mineral wools (including intermixtures thereof), in bulk, sheets or rolls
Tariff HSN
Description
Exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials (including intermixtures thereof)
Tariff HSN
Description
Other
India’s Exports
FY 2024-25₹324 Cr
0.0087% of India’s total exports
India’s Imports
FY 2024-25₹692 Cr
0.0114% of India’s total imports
Trade Balance
FY 2024-25−₹368 Cr
Surplus rank #837 of 1233 subchapters
% of Chapter 68
FY 2024-251.73%
Share of Chapter 68’s total exports in FY 2024-25
Import side: 7.65% of Chapter 68’s imports
Rank Within Chapter 68
FY 2024-25#6 of 15
Position by export value among subchapters in Chapter 68
Import-side rank: #4 of 15
At a glance
2.81%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#613
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+22.42%
Peak Growth Year
FY 2022-23 · strongest single-year move
1.73%
Contribution to Ch. 68
Share of Chapter 68 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−94.20
Exports
274.38 ₹ Cr
0.0120% share
— YoY
2.48% of Ch. 68
Imports
368.58 ₹ Cr
0.0103% share
— YoY
5.23% of Ch. 68
Balance
−13.64
Exports
306.68 ₹ Cr
0.0139% share
+11.77% YoY
2.57% of Ch. 68
Imports
320.32 ₹ Cr
0.0095% share
−13.09% YoY
5.22% of Ch. 68
Balance
−87.00
Exports
219.46 ₹ Cr
0.0102% share
−28.44% YoY
1.60% of Ch. 68
Imports
306.46 ₹ Cr
0.0105% share
−4.33% YoY
5.92% of Ch. 68
Balance
−130.36
Exports
260.16 ₹ Cr
0.0083% share
+18.55% YoY
1.53% of Ch. 68
Imports
390.52 ₹ Cr
0.0085% share
+27.43% YoY
5.57% of Ch. 68
Balance
−395.66
Exports
318.50 ₹ Cr
0.0088% share
+22.42% YoY
1.84% of Ch. 68
Imports
714.16 ₹ Cr
0.0124% share
+82.87% YoY
8.59% of Ch. 68
Balance
−267.81
Exports
343.16 ₹ Cr
0.0095% share
+7.74% YoY
2.00% of Ch. 68
Imports
610.97 ₹ Cr
0.0109% share
−14.45% YoY
7.30% of Ch. 68
Balance
−368.20
Exports
324.02 ₹ Cr
0.0087% share
−5.58% YoY
1.73% of Ch. 68
Imports
692.22 ₹ Cr
0.0114% share
+13.30% YoY
7.65% of Ch. 68
CAGR · 7-Year
Exports
2.81% /yr
Imports
11.08% /yr
reference, FY 2024-25
Export
₹18,722.47 Cr
Import
₹9,054.12 Cr
Trade Balance
+9,668.35
India's exports under HSN Sub-Chapter 6806 have grown at a compound annual rate of 2.81% over 7 fiscal years, rising from ₹274.38 Crore in FY 2018-19 to ₹324.02 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 6806 ranks #613 out of 1233 subchapters by total export value. Within Chapter 68, it ranks #6 of 15. By trade surplus, it ranks #837 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 6806 was recorded in FY 2022-23, when exports surged by 22.42% over the prior year.
In FY 2024-25, India's imports of ₹692.22 Cr exceeded exports of ₹324.02 Cr, resulting in a trade deficit of ₹368.20 Crore — ranking #837 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 6806 have grown at 11.08% CAGR, reaching ₹692.22 Crore in FY 2024-25.
Among the 15 subchapters under Chapter 68, HSN Sub-Chapter 6806 ranks #6 by export value — accounting for 1.73% of the chapter's total exports in FY 2024-25. On the import side, it holds 7.65% share (rank #4).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 6806 and GST compliance.
It includes Mineral wools
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
Use a delivery challan for sending Mineral wools 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.
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.
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Mineral wools is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
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.