---
title: "HSN Code for Natural rubber in other forms : Other : Other | HSN 40012990 GST Rate"
description: "Find HSN and GST Rates for 40012990 related to Natural rubber in other forms : Other : Other with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40012990/"
---

# HSN Code 40012990: Natural rubber in other forms : Other : 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 in other forms : Other : Other | 2.5% | 2.5% | 5% | 0% |

## Frequently asked questions

### 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.

## India's trade performance: HSN Code 40012990 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (+290.00% YoY) — 0.0000% of India's total exports
- Imports: ₹64 Cr (−6.22% YoY) — 0.0011% of India's total imports
- Trade balance: −₹63 Cr (Deficit); surplus rank #10426 of 12657 HSN codes
- Share of Sub-Chapter 4001: 1.04% of its exports; import side 0.71%
- Rank within Sub-Chapter 4001: #5 of 10 by export value; import-side #4

### Key metrics

- Export CAGR: -28.73% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8455 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +290.00% in FY 2024-25
- Contribution to Sub-Ch. 4001: 1.04% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40012990

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 | 5.95 | 0.0003% | — | 7.70% | 65.63 | 0.0018% | — | 1.07% | −59.68 | #5657 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −85.88% | 0.54% | 59.99 | 0.0018% | −8.59% | 1.22% | −59.15 | #7759 |
| FY 2020-21 | 1.76 | 0.0001% | +109.52% | 1.43% | 42.18 | 0.0014% | −29.69% | 0.91% | −40.42 | #7121 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −82.95% | 0.56% | 47.68 | 0.0010% | +13.04% | 0.62% | −47.38 | #8939 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +46.67% | 0.85% | 61.44 | 0.0011% | +28.86% | 0.82% | −61.00 | #8780 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | −54.55% | 0.36% | 68.30 | 0.0012% | +11.17% | 1.12% | −68.10 | #9440 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | +290.00% | 1.04% | 64.05 | 0.0011% | −6.22% | 0.71% | −63.27 | #8455 |

- CAGR (7-year): exports -28.73%/yr, imports -0.41%/yr (consistently Deficit)

## Key trade insights: HSN Code 40012990 export-import analysis

### Export decline: -28.73% CAGR over 7 years

India's exports under HSN Code 40012990 have declined at a compound annual rate of -28.73% over 7 fiscal years, falling from ₹5.95 Crore in FY 2018-19 to ₹0.78 Crore in FY 2024-25.

### HSN Code 40012990 ranked #8455 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40012990 ranks #8455 out of 12657 HSN codes by total export value. Within Sub-Chapter 4001, it ranks #5 of 10. By trade surplus, it ranks #10426 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 40012990 exports

The strongest single-year export movement for HSN Code 40012990 was recorded in FY 2024-25, when exports surged by 290.00% over the prior year.

### India records a trade deficit of ₹63.27 Crore in HSN Code 40012990 goods

In FY 2024-25, India's imports of ₹64.05 Cr exceeded exports of ₹0.78 Cr, resulting in a trade deficit of ₹63.27 Crore — ranking #10426 of 12657 by surplus magnitude.

### Import growth of -0.41% CAGR signals stable import dependency for Natural rubber in other forms : Other : Other

India's imports under HSN Code 40012990 have grown at -0.41% CAGR, reaching ₹64.05 Crore in FY 2024-25.

### HSN Code 40012990 contributes 1.04% of Sub-Chapter 4001 exports — ranked #5

Among the 10 HSN codes under Sub-Chapter 4001, HSN Code 40012990 ranks #5 by export value — accounting for 1.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.71% share (rank #4).

## 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 (this hsn code) | < ₹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 |