HSN Code 40024100 represents Chloroprene Rubber (CR) Latex under GST classification. This code helps businesses identify Chloroprene Rubber (CR) Latex correctly for billing, taxation, and trade. With HSN Code 40024100, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Chloroprene Rubber (CR) Latex.
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HSN Code 40024100 relates to the following description.
Rubber and articles thereof
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
Chlorprene (Chlorobutadiene) rubber (CR) : Latex
9%
9%
18%
0%
Description of Goods
Chlorprene (Chlorobutadiene) rubber (CR) : Latex
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%
Chloroprene Rubber (CR) Latex does not include products with the following descriptions.
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Latex
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Oil extended styrene butadiene rubber
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Styrene butadiene rubber with styrene content exceeding 50%
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Styrene butadiene styrene oil bound copolymer
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Other
Butadiene rubber (BR)
Isobutene-isoprene (butyl) rubber (IIR); halo-isobutene-isoprene rubber (CIIR or BIIR) : Isobutene-isoprene (butyl) rubber (IIR)
Isobutene-isoprene (butyl) rubber (IIR); halo-isobutene-isoprene rubber (CIIR or BIIR) : Other
Chlorprene (Chlorobutadiene) rubber (CR) : Other
Acrylonitrile-butadiene rubber (NBR) : Latex
Acrylonitrile-butadiene rubber (NBR) : Other
Isoprene rubber (IR)
Ethylene-propylene-non-conjugated diene rubber (EPDM)
Mixtures of any product of heading 40 01 with any product of this heading : Latex
Mixtures of any product of heading 40 01 with any product of this heading : Chemically modified form of natural rubber including graft rubber
Mixtures of any product of heading 40 01 with any product of this heading : Other
Other : Latex
Other : Other : Factice (rubber substitute derived from oil)
Other : Other : Tread rubber compound, cushion compound, cushion gum and tread gum for resoling or repairing or retreading rubber tyres
Other : Other : Other
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Latex
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Oil extended styrene butadiene rubber
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Styrene butadiene rubber with styrene content exceeding 50%
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Styrene butadiene styrene oil bound copolymer
Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Other
Butadiene rubber (BR)
Isobutene-isoprene (butyl) rubber (IIR); halo-isobutene-isoprene rubber (CIIR or BIIR) : Isobutene-isoprene (butyl) rubber (IIR)
Isobutene-isoprene (butyl) rubber (IIR); halo-isobutene-isoprene rubber (CIIR or BIIR) : Other
Chlorprene (Chlorobutadiene) rubber (CR) : Other
Acrylonitrile-butadiene rubber (NBR) : Latex
Acrylonitrile-butadiene rubber (NBR) : Other
Isoprene rubber (IR)
Ethylene-propylene-non-conjugated diene rubber (EPDM)
Mixtures of any product of heading 40 01 with any product of this heading : Latex
Mixtures of any product of heading 40 01 with any product of this heading : Chemically modified form of natural rubber including graft rubber
Mixtures of any product of heading 40 01 with any product of this heading : Other
Other : Latex
Other : Other : Factice (rubber substitute derived from oil)
Other : Other : Tread rubber compound, cushion compound, cushion gum and tread gum for resoling or repairing or retreading rubber tyres
Other : Other : Other
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹10 Cr
0.0002% of India’s total imports
Trade Balance
FY 2024-25−₹10 Cr
Surplus rank #9056 of 12657 HSN codes
% of Sub-Chapter 4002
FY 2024-250.00%
Share of Sub-Chapter 4002’s total exports in FY 2024-25
Import side: 0.08% of Sub-Chapter 4002’s imports
Rank Within Sub-Chapter 4002
FY 2024-25#20 of 21
Position by export value among HSN codes in Sub-Chapter 4002
Import-side rank: #20 of 21
At a glance
#10305
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+733.33%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.00%
Contribution to Sub-Ch. 4002
Share of Sub-Chapter 4002 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−2.78
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
2.78 ₹ Cr
0.0001% share
— YoY
0.04% of Sub-Ch. 4002
Balance
−1.50
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 4002
Imports
1.56 ₹ Cr
0.0000% share
−43.88% YoY
0.03% of Sub-Ch. 4002
Balance
−2.66
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−50.00% YoY
0.00% of Sub-Ch. 4002
Imports
2.69 ₹ Cr
0.0001% share
+72.44% YoY
0.04% of Sub-Ch. 4002
Balance
−2.83
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+733.33% YoY
0.02% of Sub-Ch. 4002
Imports
3.08 ₹ Cr
0.0001% share
+14.50% YoY
0.03% of Sub-Ch. 4002
Balance
−11.62
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+48.00% YoY
0.04% of Sub-Ch. 4002
Imports
11.99 ₹ Cr
0.0002% share
+289.29% YoY
0.11% of Sub-Ch. 4002
Balance
−10.34
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 4002
Imports
10.34 ₹ Cr
0.0002% share
−13.76% YoY
0.10% of Sub-Ch. 4002
Balance
−9.66
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
9.68 ₹ Cr
0.0002% share
−6.38% YoY
0.08% of Sub-Ch. 4002
CAGR · 7-Year
Exports
—
Imports
23.11% /yr
reference, FY 2024-25
Export
₹1,382.02 Cr
Import
₹11,779.35 Cr
Trade Balance
−10,397.33
India exported ₹0.02 Crore worth of Chloroprene Rubber (CR) Latex in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, HSN Code 40024100 ranks #10305 out of 12657 HSN codes by total export value. Within Sub-Chapter 4002, it ranks #20 of 21. By trade surplus, it ranks #9056 of 12657.
The strongest single-year export movement for HSN Code 40024100 was recorded in FY 2021-22, when exports surged by 733.33% over the prior year.
In FY 2024-25, India's imports of ₹9.68 Cr exceeded exports of ₹0.02 Cr, resulting in a trade deficit of ₹9.66 Crore — ranking #9056 of 12657 by surplus magnitude.
India's imports under HSN Code 40024100 have grown at 23.11% CAGR, reaching ₹9.68 Crore in FY 2024-25.
Among the 21 HSN codes under Sub-Chapter 4002, HSN Code 40024100 ranks #20 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #20).
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Clear answers to common queries about HSN Code 40024100 and GST compliance.
It includes Chloroprene Rubber (CR) 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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 40024100, Chloroprene Rubber (CR) Latex attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Chloroprene Rubber (CR) Latex; Nil for exempt items if applicable).