---
title: "HSN Code for SBR Latex | HSN 40021100 GST Rate"
description: "Find HSN and GST Rates for 40021100 related to SBR Latex with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40021100/"
---

# HSN Code 40021100: SBR Latex

- [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 4002: Synthetic rubber in primary forms](https://busy.in/hsn/sub-chapter-4002/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Latex | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 40021100 ?

It includes SBR Latex

### How should mixed supplies be billed when SBR Latex is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for SBR Latex; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade SBR Latex?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Any common misclassification issue with SBR Latex?

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

### How much GST applies to SBR Latex?

Under HSN 40021100, SBR Latex attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for SBR Latex?

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.

## India's trade performance: HSN Code 40021100 (FY 2024-25)

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

- Exports: ₹392 Cr (+5.46% YoY) — 0.0106% of India's total exports
- Imports: ₹173 Cr (+34.24% YoY) — 0.0028% of India's total imports
- Trade balance: ₹219 Cr (Surplus); surplus rank #1085 of 12657 HSN codes
- Share of Sub-Chapter 4002: 28.34% of its exports; import side 1.47%
- Rank within Sub-Chapter 4002: #1 of 21 by export value; import-side #11

### Key metrics

- Export CAGR: 18.00% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1208 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +75.68% in FY 2021-22
- Contribution to Sub-Ch. 4002: 28.34% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40021100

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. 4002 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4002 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 145.11 | 0.0064% | — | 19.64% | 86.42 | 0.0024% | — | 1.09% | +58.69 | #1626 |
| FY 2019-20 | 131.39 | 0.0060% | −9.45% | 17.31% | 91.02 | 0.0027% | +5.32% | 1.50% | +40.37 | #1717 |
| FY 2020-21 | 109.26 | 0.0051% | −16.84% | 13.31% | 83.25 | 0.0029% | −8.54% | 1.33% | +26.01 | #1972 |
| FY 2021-22 | 191.95 | 0.0061% | +75.68% | 16.82% | 159.71 | 0.0035% | +91.84% | 1.74% | +32.24 | #1692 |
| FY 2022-23 | 287.87 | 0.0080% | +49.97% | 29.86% | 166.91 | 0.0029% | +4.51% | 1.50% | +120.96 | #1367 |
| FY 2023-24 | 371.37 | 0.0103% | +29.01% | 33.86% | 128.72 | 0.0023% | −22.88% | 1.31% | +242.65 | #1220 |
| FY 2024-25 | 391.66 | 0.0106% | +5.46% | 28.34% | 172.80 | 0.0028% | +34.24% | 1.47% | +218.86 | #1208 |

- CAGR (7-year): exports 18.00%/yr, imports 12.24%/yr (consistently Surplus)

## Key trade insights: HSN Code 40021100 export-import analysis

### Consistent export growth: 18.00% CAGR over 7 years

India's exports under HSN Code 40021100 have grown at a compound annual rate of 18.00% over 7 fiscal years, rising from ₹145.11 Crore in FY 2018-19 to ₹391.66 Crore in FY 2024-25.

### HSN Code 40021100 ranked #1208 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40021100 ranks #1208 out of 12657 HSN codes by total export value. Within Sub-Chapter 4002, it ranks #1 of 21. By trade surplus, it ranks #1085 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 40021100 exports

The strongest single-year export movement for HSN Code 40021100 was recorded in FY 2021-22, when exports surged by 75.68% over the prior year.

### India maintains a trade surplus of ₹218.86 Crore in HSN Code 40021100 goods

In FY 2024-25, India's exports of ₹391.66 Cr exceeded imports of ₹172.80 Cr, resulting in a trade surplus of ₹218.86 Crore — ranking #1085 of 12657 by surplus magnitude.

### Import growth of 12.24% CAGR signals rising demand for SBR Latex

India's imports under HSN Code 40021100 have grown at 12.24% CAGR, reaching ₹172.80 Crore in FY 2024-25.

### HSN Code 40021100 contributes 28.34% of Sub-Chapter 4002 exports — ranked #1

Among the 21 HSN codes under Sub-Chapter 4002, HSN Code 40021100 ranks #1 by export value — accounting for 28.34% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.47% share (rank #11).

## Related HSN Codes in Sub-Chapter 4002

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 40021100: SBR Latex (this hsn code) | ₹392 Cr |
| #2 | [HSN Code 40023100: Chemically Modified Natural Rubber](https://busy.in/hsn/hsn-40023100/) | ₹349 Cr |
| #3 | [HSN Code 40025100: Acrylonitrile-butadiene rubber: Latex](https://busy.in/hsn/hsn-40025100/) | ₹175 Cr |
| #4 | [HSN Code 40021990: Other SBR](https://busy.in/hsn/hsn-40021990/) | ₹136 Cr |
| #5 | [HSN Code 40023900: Other Isobutene-Isoprene (Butyl) Rubber](https://busy.in/hsn/hsn-40023900/) | ₹83 Cr |
| #6 | [HSN Code 40029100: Other : Latex](https://busy.in/hsn/hsn-40029100/) | ₹56 Cr |
| #7 | [HSN Code 40022000: Butadiene rubber](https://busy.in/hsn/hsn-40022000/) | ₹46 Cr |
| #8 | [HSN Code 40027000: Ethylene-propylene diene rubber (EPDM)](https://busy.in/hsn/hsn-40027000/) | ₹39 Cr |
| #9 | [HSN Code 40021910: Isobutene-Isoprene (Butyl) Rubber](https://busy.in/hsn/hsn-40021910/) | ₹29 Cr |
| #10 | [HSN Code 40025900: Acrylonitrile-butadiene rubber: Other](https://busy.in/hsn/hsn-40025900/) | ₹25 Cr |