What is the HSN code 68159990?
HSN code 68159990 encompasses various articles made from stone or other mineral substances, such as carbon fibers and peat. These articles are not specifically classified under other HSN codes.
HSN Code 68159990: A Comprehensive Guide
Introduction
HSN codes are standardized numerical codes used to classify goods for customs purposes. These codes facilitate international trade by ensuring uniformity and accuracy in the description and classification of commodities. HSN code 68159990 is one such code that covers a wide range of articles made from stone or other mineral substances.
Scope of HSN Code 68159990
HSN code 68159990 includes articles made from stone or other mineral substances, such as carbon fibers and peat. These articles are not specifically classified under other HSN codes. The code encompasses a diverse range of products, including:
- Stone paving and cladding
- Stone sculptures and figurines
- Abrasive stones and grinding wheels
- Carbon fiber composites
- Peat and peat products
Exclusions
HSN code 68159990 does not cover certain articles made from stone or other mineral substances that are classified under other HSN codes. Some notable exclusions include:
- Marble, travertine, and alabaster (HSN code 2515)
- Granite (HSN code 2516)
- Slate (HSN code 2518)
- Asbestos (HSN code 2524)
- Glass and glassware (HSN chapter 70)
- Ceramics (HSN chapter 69)
Importance
HSN code 68159990 plays a crucial role in international trade. By providing a standardized classification for articles made from stone or other mineral substances, it facilitates:
- Accurate customs clearance
- Harmonized tariffs and trade regulations
- Efficient tracking and monitoring of imports and exports
- Statistical analysis and market research
Implications
The classification of articles under HSN code 68159990 has implications for various aspects of trade, including:
- Duty rates and taxes
- Import and export restrictions
- Trade agreements and concessions
- Market access and competitiveness
HSN Code Search Tools
Various online resources and databases are available to assist in searching for HSN codes, including:
- World Customs Organization (WCO) website: https://www.wcoomd.org/en/topics/nomenclature/tariff-search
- Indian Customs EDI System: https://www.ices.gov.in/tariff-search
- European Union TARIC database: https://ec.europa.eu/taxation_customs/dds2/taric/taric_consultation.jsp
Conclusion
HSN code 68159990 is a comprehensive code that covers various articles made from stone or other mineral substances. It plays a vital role in international trade by facilitating accurate customs clearance, harmonized tariffs, and efficient tracking and monitoring of imports and exports. Understanding the scope and implications of this HSN code is essential for businesses and individuals involved in international trade.
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