HSN Code 40021910: Isobutene-Isoprene (Butyl) Rubber

HSN Code 40021910 represents Isobutene-Isoprene (Butyl) Rubber under GST classification. This code helps businesses identify Isobutene-Isoprene (Butyl) Rubber correctly for billing, taxation, and trade. With HSN Code 40021910, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Isobutene-Isoprene (Butyl) Rubber.

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Description of Goods for HSN Code 40021910

HSN Code 40021910 relates to the following description.

Description of Goods

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Oil extended styrene butadiene rubber

Chapter

40 - Rubber and articles thereof

Sub Chapter

4002 - Synthetic rubber and factice derived form oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 4001 with any product of this heading, in primary forms or in plates, sheets or strip

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 40021910 not include?

Isobutene-Isoprene (Butyl) Rubber does not include products with the following descriptions.

HSN Code 40021100

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Latex

HSN Code 40021920

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Styrene butadiene rubber with styrene content exceeding 50%

HSN Code 40021930

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Styrene butadiene styrene oil bound copolymer

HSN Code 40021990

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Other

HSN Code 40023100

Isobutene-isoprene (butyl) rubber (IIR); halo-isobutene-isoprene rubber (CIIR or BIIR) : Isobutene-isoprene (butyl) rubber (IIR)

HSN Code 40023900

Isobutene-isoprene (butyl) rubber (IIR); halo-isobutene-isoprene rubber (CIIR or BIIR) : Other

HSN Code 40028010

Mixtures of any product of heading 40 01 with any product of this heading : Latex

HSN Code 40028020

Mixtures of any product of heading 40 01 with any product of this heading : Chemically modified form of natural rubber including graft rubber

HSN Code 40028090

Mixtures of any product of heading 40 01 with any product of this heading : Other

HSN Code 40029920

Other : Other : Tread rubber compound, cushion compound, cushion gum and tread gum for resoling or repairing or retreading rubber tyres

India’s Trade Performance — HSN Code 40021910 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹29 Cr

+82.46% vs FY 2023-24

0.0008% of India’s total exports

India’s Imports

FY 2024-25

₹598 Cr

+38.52% vs FY 2023-24

0.0098% of India’s total imports

Trade Balance

FY 2024-25

−₹569 Cr

Trade Deficit

Surplus rank #11974 of 12657 HSN codes

% of Sub-Chapter 4002

FY 2024-25

2.08%

Share of Sub-Chapter 4002’s total exports in FY 2024-25

Import side: 5.08% of Sub-Chapter 4002’s imports

Rank Within Sub-Chapter 4002

FY 2024-25

#9 of 21

Position by export value among HSN codes in Sub-Chapter 4002

Import-side rank: #8 of 21

At a glance

−17.63%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#4386

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+82.46%

Peak Growth Year

FY 2024-25 · strongest single-year move

2.08%

Contribution to Sub-Ch. 4002

Share of Sub-Chapter 4002 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 40021910

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #2109

Balance

−147.61

Exports

92.23 ₹ Cr

0.0040% share

— YoY

12.49% of Sub-Ch. 4002

Imports

239.84 ₹ Cr

0.0067% share

— YoY

3.04% of Sub-Ch. 4002

FY 2019-20 Exp. Rank #2286

Balance

−86.21

Exports

78.97 ₹ Cr

0.0036% share

−14.38% YoY

10.41% of Sub-Ch. 4002

Imports

165.18 ₹ Cr

0.0049% share

−31.13% YoY

2.72% of Sub-Ch. 4002

FY 2020-21 Exp. Rank #3156

Balance

−173.56

Exports

42.63 ₹ Cr

0.0020% share

−46.02% YoY

5.20% of Sub-Ch. 4002

Imports

216.19 ₹ Cr

0.0074% share

+30.88% YoY

3.45% of Sub-Ch. 4002

FY 2021-22 Exp. Rank #3219

Balance

−383.05

Exports

55.53 ₹ Cr

0.0018% share

+30.26% YoY

4.86% of Sub-Ch. 4002

Imports

438.58 ₹ Cr

0.0096% share

+102.87% YoY

4.79% of Sub-Ch. 4002

FY 2022-23 Exp. Rank #4603

Balance

−387.19

Exports

21.15 ₹ Cr

0.0006% share

−61.91% YoY

2.19% of Sub-Ch. 4002

Imports

408.34 ₹ Cr

0.0071% share

−6.90% YoY

3.67% of Sub-Ch. 4002

FY 2023-24 Exp. Rank #5100

Balance

−415.92

Exports

15.79 ₹ Cr

0.0004% share

−25.34% YoY

1.44% of Sub-Ch. 4002

Imports

431.71 ₹ Cr

0.0077% share

+5.72% YoY

4.38% of Sub-Ch. 4002

FY 2024-25 Exp. Rank #4386

Balance

−569.20

Exports

28.81 ₹ Cr

0.0008% share

+82.46% YoY

2.08% of Sub-Ch. 4002

Imports

598.01 ₹ Cr

0.0098% share

+38.52% YoY

5.08% of Sub-Ch. 4002

CAGR · 7-Year

Exports

−17.63% /yr

Imports

16.45% /yr

Consistently Deficit
Sub-Chapter 4002 total

reference, FY 2024-25

Export

₹1,382.02 Cr

Import

₹11,779.35 Cr

Trade Balance

−10,397.33

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 40021910 Export-Import Analysis

Export Decline: −17.63% CAGR Over 7 Years

India's exports under HSN Code 40021910 have declined at a compound annual rate of −17.63% over 7 fiscal years, falling from ₹92.23 Crore in FY 2018-19 to ₹28.81 Crore in FY 2024-25.

HSN Code 40021910 Ranked #4386 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40021910 ranks #4386 out of 12657 HSN codes by total export value. Within Sub-Chapter 4002, it ranks #9 of 21. By trade surplus, it ranks #11974 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 40021910 Exports

The strongest single-year export movement for HSN Code 40021910 was recorded in FY 2024-25, when exports surged by 82.46% over the prior year.

India Records a Trade Deficit of ₹569.20 Crore in HSN Code 40021910 Goods

In FY 2024-25, India's imports of ₹598.01 Cr exceeded exports of ₹28.81 Cr, resulting in a trade deficit of ₹569.20 Crore — ranking #11974 of 12657 by surplus magnitude.

Import Growth of 16.45% CAGR Signals Rising Demand for Isobutene-Isoprene (Butyl) Rubber

India's imports under HSN Code 40021910 have grown at 16.45% CAGR, reaching ₹598.01 Crore in FY 2024-25.

HSN Code 40021910 Contributes 2.08% of Sub-Chapter 4002 Exports — Ranked #9

Among the 21 HSN codes under Sub-Chapter 4002, HSN Code 40021910 ranks #9 by export value — accounting for 2.08% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.08% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40021910 and GST compliance.

What products are classified under HSN 40021910 ?

It includes Isobutene-Isoprene (Butyl) Rubber

Any common misclassification issue with Isobutene-Isoprene (Butyl) Rubber?

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

How should mixed supplies be billed when Isobutene-Isoprene (Butyl) Rubber is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Isobutene-Isoprene (Butyl) Rubber; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Isobutene-Isoprene (Butyl) Rubber?

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 Isobutene-Isoprene (Butyl) Rubber?

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.

Do e‑way bill and e‑invoice apply for Isobutene-Isoprene (Butyl) Rubber?

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.

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.