HSN Code 40012920: Natural rubber, pale crepe
HSN Code 40012920 represents Natural rubber, pale crepe under GST classification. This code helps businesses identify Natural rubber, pale crepe correctly for billing, taxation, and trade. With HSN Code 40012920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Natural rubber, pale crepe.
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Description of Goods for HSN Code 40012920
HSN Code 40012920 relates to the following description.
What does HSN Code 40012920 not include?
Natural rubber, pale crepe does not include products with the following descriptions.
Natural rubber latex, whether or not pre-vulcanised : Prevulcanised
Natural rubber latex, whether or not pre-vulcanised : Other than prevulcanised
Natural rubber in other forms : Smoked sheets
Natural rubber in other forms : Technically specified natural rubber (TSNR)
Natural rubber in other forms : Other : Hevea
Natural rubber in other forms : Other : Estate brown crepe
Natural rubber in other forms : Other : Oil extended natural rubber
Natural rubber in other forms : Other : Other
Balata, gutta-percha, guayule, chicle and similar natural gums
Natural rubber latex, whether or not pre-vulcanised : Prevulcanised
Natural rubber latex, whether or not pre-vulcanised : Other than prevulcanised
Natural rubber in other forms : Smoked sheets
Natural rubber in other forms : Technically specified natural rubber (TSNR)
Natural rubber in other forms : Other : Hevea
Natural rubber in other forms : Other : Estate brown crepe
Natural rubber in other forms : Other : Oil extended natural rubber
Natural rubber in other forms : Other : Other
Balata, gutta-percha, guayule, chicle and similar natural gums
India’s Trade Performance — HSN Code 40012920 in FY 2024-25
India’s Exports
FY 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25−< ₹1 Crore
Surplus rank #7688 of 12657 HSN codes
% of Sub-Chapter 4001
FY 2024-250.00%
Share of Sub-Chapter 4001’s total exports in FY 2024-25
Import side: 0.01% of Sub-Chapter 4001’s imports
At a glance
+300.00%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.00%
Contribution to Sub-Ch. 4001
Share of Sub-Chapter 4001 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−0.38
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.10% of Sub-Ch. 4001
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 4001
Balance
−1.86
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 4001
Imports
1.86 ₹ Cr
0.0001% share
+304.35% YoY
0.04% of Sub-Ch. 4001
Balance
−1.71
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4001
Imports
1.71 ₹ Cr
0.0001% share
−8.06% YoY
0.04% of Sub-Ch. 4001
Balance
−1.15
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.06% of Sub-Ch. 4001
Imports
1.18 ₹ Cr
0.0000% share
−30.99% YoY
0.02% of Sub-Ch. 4001
Balance
−3.31
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−66.67% YoY
0.02% of Sub-Ch. 4001
Imports
3.32 ₹ Cr
0.0001% share
+181.36% YoY
0.04% of Sub-Ch. 4001
Balance
−0.34
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+300.00% YoY
0.07% of Sub-Ch. 4001
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−88.55% YoY
0.01% of Sub-Ch. 4001
Balance
−0.49
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 4001
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+28.95% YoY
0.01% of Sub-Ch. 4001
CAGR · 7-Year
Exports
—
Imports
1.06% /yr
reference, FY 2024-25
Export
₹75.01 Cr
Import
₹9,021.26 Cr
Trade Balance
−8,946.25
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.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 40012920 and GST compliance.
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).