HSN Code 40024900: Chlorprene (Chlorobutadiene) rubber (CR) : Other

HSN Code 40024900 represents Chlorprene (Chlorobutadiene) rubber (CR) : Other under GST classification. This code helps businesses identify Chlorprene (Chlorobutadiene) rubber (CR) : Other correctly for billing, taxation, and trade. With HSN Code 40024900, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Chlorprene (Chlorobutadiene) rubber (CR) : Other.

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Description of Goods for HSN Code 40024900

HSN Code 40024900 relates to the following description.

Description of Goods

Chlorprene (Chlorobutadiene) rubber (CR) : Other

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 40024900 not include?

Chlorprene (Chlorobutadiene) rubber (CR) : Other 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 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 40024900 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

₹4 Cr

+1.98% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹881 Cr

−1.57% vs FY 2023-24

0.0145% of India’s total imports

Trade Balance

FY 2024-25

−₹877 Cr

Trade Deficit

Surplus rank #12168 of 12657 HSN codes

% of Sub-Chapter 4002

FY 2024-25

0.30%

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

Import side: 7.48% of Sub-Chapter 4002’s imports

Rank Within Sub-Chapter 4002

FY 2024-25

#15 of 21

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

Import-side rank: #5 of 21

At a glance

3.14%

Export CAGR

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

#6853

National Export Rank

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

+215.10%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.30%

Contribution to Sub-Ch. 4002

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

India Export-Import Trade Statistics for HSN Code 40024900

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 #6320

Balance

−652.36

Exports

3.43 ₹ Cr

0.0002% share

— YoY

0.46% of Sub-Ch. 4002

Imports

655.79 ₹ Cr

0.0183% share

— YoY

8.31% of Sub-Ch. 4002

FY 2019-20 Exp. Rank #5738

Balance

−472.07

Exports

5.49 ₹ Cr

0.0002% share

+60.06% YoY

0.72% of Sub-Ch. 4002

Imports

477.56 ₹ Cr

0.0143% share

−27.18% YoY

7.86% of Sub-Ch. 4002

FY 2020-21 Exp. Rank #7173

Balance

−499.24

Exports

1.69 ₹ Cr

0.0001% share

−69.22% YoY

0.21% of Sub-Ch. 4002

Imports

500.93 ₹ Cr

0.0172% share

+4.89% YoY

7.99% of Sub-Ch. 4002

FY 2021-22 Exp. Rank #7358

Balance

−539.42

Exports

1.92 ₹ Cr

0.0001% share

+13.61% YoY

0.17% of Sub-Ch. 4002

Imports

541.34 ₹ Cr

0.0118% share

+8.07% YoY

5.91% of Sub-Ch. 4002

FY 2022-23 Exp. Rank #6245

Balance

−943.85

Exports

6.05 ₹ Cr

0.0002% share

+215.10% YoY

0.63% of Sub-Ch. 4002

Imports

949.90 ₹ Cr

0.0165% share

+75.47% YoY

8.54% of Sub-Ch. 4002

FY 2023-24 Exp. Rank #6824

Balance

−891.40

Exports

4.05 ₹ Cr

0.0001% share

−33.06% YoY

0.37% of Sub-Ch. 4002

Imports

895.45 ₹ Cr

0.0159% share

−5.73% YoY

9.08% of Sub-Ch. 4002

FY 2024-25 Exp. Rank #6853

Balance

−877.27

Exports

4.13 ₹ Cr

0.0001% share

+1.98% YoY

0.30% of Sub-Ch. 4002

Imports

881.40 ₹ Cr

0.0145% share

−1.57% YoY

7.48% of Sub-Ch. 4002

CAGR · 7-Year

Exports

3.14% /yr

Imports

5.05% /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 40024900 Export-Import Analysis

Consistent Export Growth: 3.14% CAGR Over 7 Years

India's exports under HSN Code 40024900 have grown at a compound annual rate of 3.14% over 7 fiscal years, rising from ₹3.43 Crore in FY 2018-19 to ₹4.13 Crore in FY 2024-25.

HSN Code 40024900 Ranked #6853 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40024900 ranks #6853 out of 12657 HSN codes by total export value. Within Sub-Chapter 4002, it ranks #15 of 21. By trade surplus, it ranks #12168 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 40024900 Exports

The strongest single-year export movement for HSN Code 40024900 was recorded in FY 2022-23, when exports surged by 215.10% over the prior year.

India Records a Trade Deficit of ₹877.27 Crore in HSN Code 40024900 Goods

In FY 2024-25, India's imports of ₹881.40 Cr exceeded exports of ₹4.13 Cr, resulting in a trade deficit of ₹877.27 Crore — ranking #12168 of 12657 by surplus magnitude.

Import Growth of 5.05% CAGR Signals Stable Import Dependency for Chlorprene (Chlorobutadiene) rubber (CR) : Other

India's imports under HSN Code 40024900 have grown at 5.05% CAGR, reaching ₹881.40 Crore in FY 2024-25.

HSN Code 40024900 Contributes 0.30% of Sub-Chapter 4002 Exports — Ranked #15

Among the 21 HSN codes under Sub-Chapter 4002, HSN Code 40024900 ranks #15 by export value — accounting for 0.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.48% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40024900 and GST compliance.

What products are classified under HSN 40024900 ?

It includes Chlorprene (Chlorobutadiene) rubber (CR) : Other

Do e‑way bill and e‑invoice apply for Chlorprene (Chlorobutadiene) rubber (CR) : Other?

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.

How much GST applies to Chlorprene (Chlorobutadiene) rubber (CR) : Other?

Under HSN 40024900, Chlorprene (Chlorobutadiene) rubber (CR) : Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Chlorprene (Chlorobutadiene) rubber (CR) : Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Chlorprene (Chlorobutadiene) rubber (CR) : Other; Nil for exempt items if applicable).

Any common misclassification issue with Chlorprene (Chlorobutadiene) rubber (CR) : Other?

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

Can we claim ITC on inputs used to trade Chlorprene (Chlorobutadiene) rubber (CR) : Other?

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

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.