Consistent Export Growth: 4.05% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 6807 have grown at a compound annual rate of 4.05% over 7 fiscal years, rising from ₹21.44 Crore in FY 2018-19 to ₹27.21 Crore in FY 2024-25.
HSN Sub Chapter 6807 represents Articles Of Asphalt, Petroleum Bitumen under GST classification. This code helps businesses identify Articles Of Asphalt, Petroleum Bitumen correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 6807, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Articles Of Asphalt, Petroleum Bitumen.
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GST Rate for Articles Of Asphalt, Petroleum Bitumen under HSN Code 6807. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Articles Of Asphalt, Petroleum Bitumen.
India’s Exports
FY 2024-25₹27 Cr
0.0007% of India’s total exports
India’s Imports
FY 2024-25₹154 Cr
0.0025% of India’s total imports
Trade Balance
FY 2024-25−₹127 Cr
Surplus rank #741 of 1233 subchapters
% of Chapter 68
FY 2024-250.15%
Share of Chapter 68’s total exports in FY 2024-25
Import side: 1.70% of Chapter 68’s imports
Rank Within Chapter 68
FY 2024-25#14 of 15
Position by export value among subchapters in Chapter 68
Import-side rank: #10 of 15
At a glance
4.05%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#973
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+72.86%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.15%
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
−72.29
Exports
21.44 ₹ Cr
0.0009% share
— YoY
0.19% of Ch. 68
Imports
93.73 ₹ Cr
0.0026% share
— YoY
1.33% of Ch. 68
Balance
−69.67
Exports
16.22 ₹ Cr
0.0007% share
−24.35% YoY
0.14% of Ch. 68
Imports
85.89 ₹ Cr
0.0026% share
−8.36% YoY
1.40% of Ch. 68
Balance
−54.69
Exports
16.61 ₹ Cr
0.0008% share
+2.40% YoY
0.12% of Ch. 68
Imports
71.30 ₹ Cr
0.0024% share
−16.99% YoY
1.38% of Ch. 68
Balance
−106.51
Exports
12.01 ₹ Cr
0.0004% share
−27.69% YoY
0.07% of Ch. 68
Imports
118.52 ₹ Cr
0.0026% share
+66.23% YoY
1.69% of Ch. 68
Balance
−136.49
Exports
20.76 ₹ Cr
0.0006% share
+72.86% YoY
0.12% of Ch. 68
Imports
157.25 ₹ Cr
0.0027% share
+32.68% YoY
1.89% of Ch. 68
Balance
−150.54
Exports
20.80 ₹ Cr
0.0006% share
+0.19% YoY
0.12% of Ch. 68
Imports
171.34 ₹ Cr
0.0031% share
+8.96% YoY
2.05% of Ch. 68
Balance
−126.60
Exports
27.21 ₹ Cr
0.0007% share
+30.82% YoY
0.15% of Ch. 68
Imports
153.81 ₹ Cr
0.0025% share
−10.23% YoY
1.70% of Ch. 68
CAGR · 7-Year
Exports
4.05% /yr
Imports
8.61% /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 6807 have grown at a compound annual rate of 4.05% over 7 fiscal years, rising from ₹21.44 Crore in FY 2018-19 to ₹27.21 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 6807 ranks #973 out of 1233 subchapters by total export value. Within Chapter 68, it ranks #14 of 15. By trade surplus, it ranks #741 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 6807 was recorded in FY 2022-23, when exports surged by 72.86% over the prior year.
In FY 2024-25, India's imports of ₹153.81 Cr exceeded exports of ₹27.21 Cr, resulting in a trade deficit of ₹126.60 Crore — ranking #741 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 6807 have grown at 8.61% CAGR, reaching ₹153.81 Crore in FY 2024-25.
Among the 15 subchapters under Chapter 68, HSN Sub-Chapter 6807 ranks #14 by export value — accounting for 0.15% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.70% share (rank #10).
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 6807 and GST compliance.
It includes Articles Of Asphalt, Petroleum Bitumen
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Articles Of Asphalt, Petroleum Bitumen are forward charge. Check the current notifications for any special cases before deciding.
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.
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.
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.