--- title: "HSN Code for Natural Rubber Latex, Pre-Vulcanised or Not: Other | HSN 40011020 GST Rate" description: "Find HSN and GST Rates for 40011020 related to Natural Rubber Latex, Pre-Vulcanised or Not: Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40011020/" --- # HSN Code 40011020: Natural Rubber Latex, Pre-Vulcanised or Not: Other - [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 : Other than prevulcanised | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 40011020 ? It includes Natural Rubber Latex, Pre-Vulcanised or Not: Other ### Do e‑way bill and e‑invoice apply for Natural Rubber Latex, Pre-Vulcanised or Not: Other? 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. ### Any common misclassification issue with Natural Rubber Latex, Pre-Vulcanised or Not: Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Natural Rubber Latex, Pre-Vulcanised or Not: Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Natural Rubber Latex, Pre-Vulcanised or Not: Other? 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. ### How much GST applies to Natural Rubber Latex, Pre-Vulcanised or Not: Other? Under HSN 40011020, Natural Rubber Latex, Pre-Vulcanised or Not: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 40011020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹26 Cr (+484.09% YoY) — 0.0007% of India's total exports - Imports: ₹88 Cr (+3.18% YoY) — 0.0014% of India's total imports - Trade balance: −₹62 Cr (Deficit); surplus rank #10411 of 12657 HSN codes - Share of Sub-Chapter 4001: 34.26% of its exports; import side 0.97% - Rank within Sub-Chapter 4001: #2 of 10 by export value; import-side #3 ### Key metrics - Export CAGR: 35.35% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4530 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,792.52% in FY 2020-21 - Contribution to Sub-Ch. 4001: 34.26% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40011020 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 | 4.18 | 0.0002% | — | 5.41% | 49.56 | 0.0014% | — | 0.81% | −45.38 | #6093 | | FY 2019-20 | 4.68 | 0.0002% | +11.96% | 3.03% | 45.58 | 0.0014% | −8.03% | 0.93% | −40.90 | #5939 | | FY 2020-21 | 88.57 | 0.0041% | +1,792.52% | 71.84% | 17.04 | 0.0006% | −62.62% | 0.37% | +71.53 | #2203 | | FY 2021-22 | 10.44 | 0.0003% | −88.21% | 19.40% | 79.94 | 0.0017% | +369.13% | 1.04% | −69.50 | #5431 | | FY 2022-23 | 11.09 | 0.0003% | +6.23% | 21.51% | 44.96 | 0.0008% | −43.76% | 0.60% | −33.87 | #5491 | | FY 2023-24 | 4.40 | 0.0001% | −60.32% | 7.99% | 84.85 | 0.0015% | +88.72% | 1.39% | −80.45 | #6726 | | FY 2024-25 | 25.70 | 0.0007% | +484.09% | 34.26% | 87.55 | 0.0014% | +3.18% | 0.97% | −61.85 | #4530 | - CAGR (7-year): exports 35.35%/yr, imports 9.95%/yr (consistently Deficit) ## Key trade insights: HSN Code 40011020 export-import analysis ### Consistent export growth: 35.35% CAGR over 7 years India's exports under HSN Code 40011020 have grown at a compound annual rate of 35.35% over 7 fiscal years, rising from ₹4.18 Crore in FY 2018-19 to ₹25.70 Crore in FY 2024-25. ### HSN Code 40011020 ranked #4530 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40011020 ranks #4530 out of 12657 HSN codes by total export value. Within Sub-Chapter 4001, it ranks #2 of 10. By trade surplus, it ranks #10411 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 40011020 exports The strongest single-year export movement for HSN Code 40011020 was recorded in FY 2020-21, when exports surged by 1,792.52% over the prior year. ### India records a trade deficit of ₹61.85 Crore in HSN Code 40011020 goods In FY 2024-25, India's imports of ₹87.55 Cr exceeded exports of ₹25.70 Cr, resulting in a trade deficit of ₹61.85 Crore — ranking #10411 of 12657 by surplus magnitude. ### Import growth of 9.95% CAGR signals stable import dependency for Natural Rubber Latex, Pre-Vulcanised or Not: Other India's imports under HSN Code 40011020 have grown at 9.95% CAGR, reaching ₹87.55 Crore in FY 2024-25. ### HSN Code 40011020 contributes 34.26% of Sub-Chapter 4001 exports — ranked #2 Among the 10 HSN codes under Sub-Chapter 4001, HSN Code 40011020 ranks #2 by export value — accounting for 34.26% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.97% share (rank #3). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-40011010/) | ₹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 |