--- title: "HSN Code for Prevulcanised rubber latex | HSN 40011010 GST Rate" description: "Find HSN and GST Rates for 40011010 related to Prevulcanised rubber latex with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40011010/" --- # HSN Code 40011010: Prevulcanised rubber latex - [Section 07: Guide to HSN Section 07](https://busy.in/hsn/section-07/) - [Chapter 40: Rubber and Articles Thereof](https://busy.in/hsn/chapter-40/) - [Sub-chapter 4001: Natural rubber & similar gums](https://busy.in/hsn/sub-chapter-4001/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Natural rubber latex, whether or not pre-vulcanised : Prevulcanised | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 40011010 ? It includes Prevulcanised rubber latex ### How much GST applies to Prevulcanised rubber latex? Under HSN 40011010, Prevulcanised rubber latex attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Prevulcanised rubber latex? For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading. ### Any common misclassification issue with Prevulcanised rubber latex? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Prevulcanised rubber latex? e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Can we claim ITC on inputs used to trade Prevulcanised rubber latex? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 40011010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹6 Cr (+7.07% YoY) — 0.0002% of India's total exports - Imports: ₹11 Cr (−47.71% YoY) — 0.0002% of India's total imports - Trade balance: −₹5 Cr (Deficit); surplus rank #8672 of 12657 HSN codes - Share of Sub-Chapter 4001: 7.88% of its exports; import side 0.13% - Rank within Sub-Chapter 4001: #4 of 10 by export value; import-side #5 ### Key metrics - Export CAGR: 6.46% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6419 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +366.67% in FY 2021-22 - Contribution to Sub-Ch. 4001: 7.88% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40011010 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 Sub-Ch. 4001 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4001 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 4.06 | 0.0002% | — | 5.25% | 12.09 | 0.0003% | — | 0.20% | −8.03 | #6121 | | FY 2019-20 | 5.13 | 0.0002% | +26.35% | 3.32% | 17.97 | 0.0005% | +48.64% | 0.36% | −12.84 | #5827 | | FY 2020-21 | 1.14 | 0.0001% | −77.78% | 0.92% | 12.65 | 0.0004% | −29.60% | 0.27% | −11.51 | #7550 | | FY 2021-22 | 5.32 | 0.0002% | +366.67% | 9.89% | 34.02 | 0.0007% | +168.93% | 0.44% | −28.70 | #6277 | | FY 2022-23 | 2.83 | 0.0001% | −46.80% | 5.49% | 11.56 | 0.0002% | −66.02% | 0.15% | −8.73 | #7063 | | FY 2023-24 | 5.52 | 0.0002% | +95.05% | 10.02% | 21.80 | 0.0004% | +88.58% | 0.36% | −16.28 | #6469 | | FY 2024-25 | 5.91 | 0.0002% | +7.07% | 7.88% | 11.40 | 0.0002% | −47.71% | 0.13% | −5.49 | #6419 | - CAGR (7-year): exports 6.46%/yr, imports -0.97%/yr (consistently Deficit) ## Key trade insights: HSN Code 40011010 export-import analysis ### Consistent export growth: 6.46% CAGR over 7 years India's exports under HSN Code 40011010 have grown at a compound annual rate of 6.46% over 7 fiscal years, rising from ₹4.06 Crore in FY 2018-19 to ₹5.91 Crore in FY 2024-25. ### HSN Code 40011010 ranked #6419 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40011010 ranks #6419 out of 12657 HSN codes by total export value. Within Sub-Chapter 4001, it ranks #4 of 10. By trade surplus, it ranks #8672 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 40011010 exports The strongest single-year export movement for HSN Code 40011010 was recorded in FY 2021-22, when exports surged by 366.67% over the prior year. ### India records a trade deficit of ₹5.49 Crore in HSN Code 40011010 goods In FY 2024-25, India's imports of ₹11.40 Cr exceeded exports of ₹5.91 Cr, resulting in a trade deficit of ₹5.49 Crore — ranking #8672 of 12657 by surplus magnitude. ### Import growth of -0.97% CAGR signals stable import dependency for Prevulcanised rubber latex India's imports under HSN Code 40011010 have grown at -0.97% CAGR, reaching ₹11.40 Crore in FY 2024-25. ### HSN Code 40011010 contributes 7.88% of Sub-Chapter 4001 exports — ranked #4 Among the 10 HSN codes under Sub-Chapter 4001, HSN Code 40011010 ranks #4 by export value — accounting for 7.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.13% share (rank #5). ## Related HSN Codes in Sub-Chapter 4001 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 40012200: Technically Specified Natural Rubber (TSNR): Other Forms](https://busy.in/hsn/hsn-40012200/) | ₹33 Cr | | #2 | [HSN Code 40011020: Natural Rubber Latex, Pre-Vulcanised or Not: Other](https://busy.in/hsn/hsn-40011020/) | ₹26 Cr | | #3 | [HSN Code 40012100: Natural rubber in other forms : Smoked sheets](https://busy.in/hsn/hsn-40012100/) | ₹9 Cr | | #4 | HSN Code 40011010: Prevulcanised rubber latex (this hsn code) | ₹6 Cr | | #5 | [HSN Code 40012990: Natural rubber in other forms : Other : Other](https://busy.in/hsn/hsn-40012990/) | < ₹1 Crore | | #6 | [HSN Code 40013000: Natural gums like Balata, Gutta-percha](https://busy.in/hsn/hsn-40013000/) | < ₹1 Crore | | #7 | [HSN Code 40012910: Natural rubber in other forms : Other : Hevea](https://busy.in/hsn/hsn-40012910/) | < ₹1 Crore | | — | [HSN Code 40012920: Natural rubber, pale crepe](https://busy.in/hsn/hsn-40012920/) | Nil | | — | [HSN Code 40012930: Estate brown crepe rubber](https://busy.in/hsn/hsn-40012930/) | Nil | | — | [HSN Code 40012940: Oil extended natural rubber](https://busy.in/hsn/hsn-40012940/) | Nil |