HSN Code 40021920: SBR (>50% Styrene)

HSN Code 40021920 represents SBR (>50% Styrene) under GST classification. This code helps businesses identify SBR (>50% Styrene) correctly for billing, taxation, and trade. With HSN Code 40021920, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of SBR (>50% Styrene).

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 40021920

HSN Code 40021920 relates to the following description.

Description of Goods

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

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 40021920 not include?

SBR (>50% Styrene) does not include products with the following descriptions.

HSN Code 40021100

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

HSN Code 40021910

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

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 40021920 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

₹17 Cr

+14.61% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

₹29 Cr

+77.71% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

−₹13 Cr

Trade Deficit

Surplus rank #9230 of 12657 HSN codes

% of Sub-Chapter 4002

FY 2024-25

1.20%

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

Import side: 0.25% of Sub-Chapter 4002’s imports

Rank Within Sub-Chapter 4002

FY 2024-25

#12 of 21

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

Import-side rank: #15 of 21

At a glance

10.65%

Export CAGR

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

#5125

National Export Rank

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

+290.39%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.20%

Contribution to Sub-Ch. 4002

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

India Export-Import Trade Statistics for HSN Code 40021920

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 #5109

Balance

−4.33

Exports

9.02 ₹ Cr

0.0004% share

— YoY

1.22% of Sub-Ch. 4002

Imports

13.35 ₹ Cr

0.0004% share

— YoY

0.17% of Sub-Ch. 4002

FY 2019-20 Exp. Rank #5687

Balance

−5.31

Exports

5.73 ₹ Cr

0.0003% share

−36.47% YoY

0.76% of Sub-Ch. 4002

Imports

11.04 ₹ Cr

0.0003% share

−17.30% YoY

0.18% of Sub-Ch. 4002

FY 2020-21 Exp. Rank #5633

Balance

−10.47

Exports

6.35 ₹ Cr

0.0003% share

+10.82% YoY

0.77% of Sub-Ch. 4002

Imports

16.82 ₹ Cr

0.0006% share

+52.36% YoY

0.27% of Sub-Ch. 4002

FY 2021-22 Exp. Rank #4304

Balance

+6.92

Exports

24.79 ₹ Cr

0.0008% share

+290.39% YoY

2.17% of Sub-Ch. 4002

Imports

17.87 ₹ Cr

0.0004% share

+6.24% YoY

0.20% of Sub-Ch. 4002

FY 2022-23 Exp. Rank #4646

Balance

+9.40

Exports

20.39 ₹ Cr

0.0006% share

−17.75% YoY

2.12% of Sub-Ch. 4002

Imports

10.99 ₹ Cr

0.0002% share

−38.50% YoY

0.10% of Sub-Ch. 4002

FY 2023-24 Exp. Rank #5217

Balance

−1.98

Exports

14.44 ₹ Cr

0.0004% share

−29.18% YoY

1.32% of Sub-Ch. 4002

Imports

16.42 ₹ Cr

0.0003% share

+49.41% YoY

0.17% of Sub-Ch. 4002

FY 2024-25 Exp. Rank #5125

Balance

−12.63

Exports

16.55 ₹ Cr

0.0004% share

+14.61% YoY

1.20% of Sub-Ch. 4002

Imports

29.18 ₹ Cr

0.0005% share

+77.71% YoY

0.25% of Sub-Ch. 4002

CAGR · 7-Year

Exports

10.65% /yr

Imports

13.92% /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 40021920 Export-Import Analysis

Consistent Export Growth: 10.65% CAGR Over 7 Years

India's exports under HSN Code 40021920 have grown at a compound annual rate of 10.65% over 7 fiscal years, rising from ₹9.02 Crore in FY 2018-19 to ₹16.55 Crore in FY 2024-25.

HSN Code 40021920 Ranked #5125 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40021920 ranks #5125 out of 12657 HSN codes by total export value. Within Sub-Chapter 4002, it ranks #12 of 21. By trade surplus, it ranks #9230 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40021920 Exports

The strongest single-year export movement for HSN Code 40021920 was recorded in FY 2021-22, when exports surged by 290.39% over the prior year.

India Records a Trade Deficit of ₹12.63 Crore in HSN Code 40021920 Goods

In FY 2024-25, India's imports of ₹29.18 Cr exceeded exports of ₹16.55 Cr, resulting in a trade deficit of ₹12.63 Crore — ranking #9230 of 12657 by surplus magnitude.

Import Growth of 13.92% CAGR Signals Rising Demand for SBR (>50% Styrene)

India's imports under HSN Code 40021920 have grown at 13.92% CAGR, reaching ₹29.18 Crore in FY 2024-25.

HSN Code 40021920 Contributes 1.20% of Sub-Chapter 4002 Exports — Ranked #12

Among the 21 HSN codes under Sub-Chapter 4002, HSN Code 40021920 ranks #12 by export value — accounting for 1.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.25% share (rank #15).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 40021920 and GST compliance.

What products are classified under HSN 40021920 ?

It includes SBR (>50% Styrene)

Can we claim ITC on inputs used to trade SBR (>50% Styrene)?

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

How should mixed supplies be billed when SBR (>50% Styrene) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for SBR (>50% Styrene); Nil for exempt items if applicable).

How much GST applies to SBR (>50% Styrene)?

Under HSN 40021920, SBR (>50% Styrene) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for SBR (>50% Styrene)?

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.

Any common misclassification issue with SBR (>50% Styrene)?

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.