--- title: "HSN Code for Natural rubber, pale crepe | HSN 40012920 GST Rate" description: "Find HSN and GST Rates for 40012920 related to Natural rubber, pale crepe with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40012920/" --- # HSN Code 40012920: Natural rubber, pale crepe - [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 in other forms : Other : Pale crepe | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 40012920 ? It includes Natural rubber, pale crepe ### Can we claim ITC on inputs used to trade Natural rubber, pale crepe? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Natural rubber, pale crepe? 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. ### Does packaging or labelling change the GST for Natural rubber, pale crepe? 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, pale crepe? Under HSN 40012920, Natural rubber, pale crepe attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Natural rubber, pale crepe is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Natural rubber, pale crepe; Nil for exempt items if applicable). ## India's trade performance: HSN Code 40012920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: Nil (−100.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+28.95% YoY) — 0.0000% of India's total imports - Trade balance: −< ₹1 Crore (Deficit); surplus rank #7688 of 12657 HSN codes - Share of Sub-Chapter 4001: 0.00% of its exports; import side 0.01% ### Key metrics - Peak growth year: +300.00% in FY 2023-24 - Contribution to Sub-Ch. 4001: 0.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40012920 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 | < ₹1 Crore | 0.0000% | — | 0.10% | < ₹1 Crore | 0.0000% | — | 0.01% | −0.38 | #9301 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | 1.86 | 0.0001% | +304.35% | 0.04% | −1.86 | — | | FY 2020-21 | Nil | 0.0000% | — | 0.00% | 1.71 | 0.0001% | −8.06% | 0.04% | −1.71 | — | | FY 2021-22 | < ₹1 Crore | 0.0000% | — | 0.06% | 1.18 | 0.0000% | −30.99% | 0.02% | −1.15 | #9964 | | FY 2022-23 | < ₹1 Crore | 0.0000% | −66.67% | 0.02% | 3.32 | 0.0001% | +181.36% | 0.04% | −3.31 | #10292 | | FY 2023-24 | < ₹1 Crore | 0.0000% | +300.00% | 0.07% | < ₹1 Crore | 0.0000% | −88.55% | 0.01% | −0.34 | #10146 | | FY 2024-25 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | +28.95% | 0.01% | −0.49 | — | - CAGR (7-year): exports —/yr, imports 1.06%/yr (consistently Deficit) ## Key trade insights: HSN Code 40012920 export-import analysis ### Export snapshot for HSN Code 40012920 India exported ₹0.00 Crore worth of Natural rubber, pale crepe in FY 2024-25. Multi-year trend data is being compiled for this hsn code. ### FY 2023-24 was the strongest growth year for HSN Code 40012920 exports The strongest single-year export movement for HSN Code 40012920 was recorded in FY 2023-24, when exports surged by 300.00% over the prior year. ### India records a trade deficit of ₹0.49 Crore in HSN Code 40012920 goods In FY 2024-25, India's imports of ₹0.49 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.49 Crore — ranking #7688 of 12657 by surplus magnitude. ### Import growth of 1.06% CAGR signals stable import dependency for Natural rubber, pale crepe India's imports under HSN Code 40012920 have grown at 1.06% CAGR, reaching ₹0.49 Crore in FY 2024-25. ## 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](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 (this hsn code) | 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 |