HSN Code 40012990: Natural rubber in other forms : Other : Other

HSN Code 40012990 represents Natural rubber in other forms : Other : Other under GST classification. This code helps businesses identify Natural rubber in other forms : Other : Other correctly for billing, taxation, and trade. With HSN Code 40012990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural rubber in other forms : Other : Other.

Find The Right HSN & Bill Faster With BUSY



file_download 40K+ Monthly Downloads
group Trusted by 4 Lakh+ Businesses
smartphone Free Mobile App
star 4.6 Rated on Google

Description of Goods for Natural rubber in other forms : Other : Other

HSN Code 40012990 relates to the following description:

Chapter Number Chapter Name Sub Chapter Number Sub Chapter Name Description of Goods CGST
(%)
SGST
(%)
IGST
(%)
CESS
(%)
40 Rubber and articles thereof 4001 Natural rubber, balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip Natural rubber in other forms : Other : Other 2.5% 2.5% 5% 0%

Description of goods

Natural rubber in other forms : Other : Other

Chapter

40 – Rubber and articles thereof

Sub Chapter

4001 – Natural rubber, balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip

CGST 2.5%
SGST 2.5%
IGST 5%
CESS 0%

What does HSN Code 40012990 not include?

Natural rubber in other forms : Other : Other does not include products with the following descriptions:

HSN Code Description
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 : Pale crepe
Natural rubber in other forms : Other : Estate brown crepe
Natural rubber in other forms : Other : Oil extended natural rubber
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 : Pale crepe

Natural rubber in other forms : Other : Estate brown crepe

Natural rubber in other forms : Other : Oil extended natural rubber

Balata, gutta-percha, guayule, chicle and similar natural gums

Wrong HSN codes causing GST errors? BUSY auto-applies the correct code & rate on desktop and mobile.


file_download 40K+ Monthly Downloads
group Trusted by 4 Lakh+ Businesses
smartphone Free Mobile App
star 4.6 Rated on Google
experiment id: lead-form-no-email v1

FAQs for HSN Code 40012990

What products are classified under HSN 40012990 ?

It includes Natural rubber in other forms : Other : Other

How much GST applies to Natural rubber in other forms : Other : Other?

Under HSN 40012990, Natural rubber in other forms : Other : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Natural rubber in other forms : Other : Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Natural rubber in other forms : Other : Other; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Natural rubber in other forms : Other : 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 in other forms : Other : 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.

Any common misclassification issue with Natural rubber in other forms : Other : Other?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

Explore More HSN Codes from Chapter 40 expand_more
HSN Codes:
State Code List: