Export Decline: −1.39% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 7016 have declined at a compound annual rate of −1.39% over 7 fiscal years, falling from ₹73.70 Crore in FY 2018-19 to ₹67.75 Crore in FY 2024-25.
HSN Sub Chapter 7016 represents Glass Paving Blocks under GST classification. This code helps businesses identify Glass Paving Blocks correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 7016, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Glass Paving Blocks.
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GST Rate for Glass Paving Blocks under HSN Code 7016. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Chapter No
70HSN Code
HSN Description
Paving blocks, slabs, bricks, squares, tiles and other articles of pressed or moulded glass, whether or not wired, of a kind used for building or construction purposes; glass cubes and other glass small wares, whether or not on a backing, for mosaics or similar decorative purposes; leaded lights and the like; multi-cellular or foam glass in blocks, panels, plates, shells or similar forms
New GST Rate
Old GST Rate
Following tariff HSN codes fall under Glass Paving Blocks.
India’s Exports
FY 2024-25₹68 Cr
0.0018% of India’s total exports
India’s Imports
FY 2024-25₹437 Cr
0.0072% of India’s total imports
Trade Balance
FY 2024-25−₹370 Cr
Surplus rank #838 of 1233 subchapters
% of Chapter 70
FY 2024-250.70%
Share of Chapter 70’s total exports in FY 2024-25
Import side: 2.35% of Chapter 70’s imports
Rank Within Chapter 70
FY 2024-25#12 of 19
Position by export value among subchapters in Chapter 70
Import-side rank: #10 of 19
At a glance
−1.39%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#875
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+32.78%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.70%
Contribution to Ch. 70
Share of Chapter 70 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
−149.45
Exports
73.70 ₹ Cr
0.0032% share
— YoY
1.11% of Ch. 70
Imports
223.15 ₹ Cr
0.0062% share
— YoY
2.36% of Ch. 70
Balance
−245.13
Exports
70.49 ₹ Cr
0.0032% share
−4.36% YoY
1.19% of Ch. 70
Imports
315.62 ₹ Cr
0.0094% share
+41.44% YoY
3.65% of Ch. 70
Balance
−144.99
Exports
62.36 ₹ Cr
0.0029% share
−11.53% YoY
1.01% of Ch. 70
Imports
207.35 ₹ Cr
0.0071% share
−34.30% YoY
2.78% of Ch. 70
Balance
−255.53
Exports
69.46 ₹ Cr
0.0022% share
+11.39% YoY
0.88% of Ch. 70
Imports
324.99 ₹ Cr
0.0071% share
+56.74% YoY
3.06% of Ch. 70
Balance
−366.05
Exports
55.49 ₹ Cr
0.0015% share
−20.11% YoY
0.66% of Ch. 70
Imports
421.54 ₹ Cr
0.0073% share
+29.71% YoY
3.00% of Ch. 70
Balance
−315.50
Exports
73.68 ₹ Cr
0.0020% share
+32.78% YoY
0.81% of Ch. 70
Imports
389.18 ₹ Cr
0.0069% share
−7.68% YoY
2.64% of Ch. 70
Balance
−369.64
Exports
67.75 ₹ Cr
0.0018% share
−8.05% YoY
0.70% of Ch. 70
Imports
437.39 ₹ Cr
0.0072% share
+12.39% YoY
2.35% of Ch. 70
CAGR · 7-Year
Exports
−1.39% /yr
Imports
11.87% /yr
reference, FY 2024-25
Export
₹9,665.87 Cr
Import
₹18,611.36 Cr
Trade Balance
−8,945.49
India's exports under HSN Sub-Chapter 7016 have declined at a compound annual rate of −1.39% over 7 fiscal years, falling from ₹73.70 Crore in FY 2018-19 to ₹67.75 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 7016 ranks #875 out of 1233 subchapters by total export value. Within Chapter 70, it ranks #12 of 19. By trade surplus, it ranks #838 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 7016 was recorded in FY 2023-24, when exports surged by 32.78% over the prior year.
In FY 2024-25, India's imports of ₹437.39 Cr exceeded exports of ₹67.75 Cr, resulting in a trade deficit of ₹369.64 Crore — ranking #838 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 7016 have grown at 11.87% CAGR, reaching ₹437.39 Crore in FY 2024-25.
Among the 19 subchapters under Chapter 70, HSN Sub-Chapter 7016 ranks #12 by export value — accounting for 0.70% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.35% 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 7016 and GST compliance.
It includes Glass Paving Blocks
If your outward supply of Glass Paving Blocks 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.
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.
Use a delivery challan for sending Glass Paving Blocks 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.
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.