---
title: "HSN Code for Isoprene rubber (IR) | HSN 40026000 GST Rate"
description: "Find HSN and GST Rates for 40026000 related to Isoprene rubber (IR) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40026000/"
---

# HSN Code 40026000: Isoprene rubber (IR)

- [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 |
| --- | --- | --- | --- | --- |
| Isoprene rubber (IR) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 40026000 ?

It includes Isoprene rubber (IR)

### Can we claim ITC on inputs used to trade Isoprene rubber (IR)?

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 Isoprene rubber (IR)?

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 Isoprene rubber (IR)?

Under HSN 40026000, Isoprene rubber (IR) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Isoprene rubber (IR)?

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 should mixed supplies be billed when Isoprene rubber (IR) is sold with other items?

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

## India's trade performance: HSN Code 40026000 (FY 2024-25)

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

- Exports: < ₹1 Crore (−35.11% YoY) — 0.0000% of India's total exports
- Imports: ₹418 Cr (+79.38% YoY) — 0.0069% of India's total imports
- Trade balance: −₹418 Cr (Deficit); surplus rank #11788 of 12657 HSN codes
- Share of Sub-Chapter 4002: 0.06% of its exports; import side 3.55%
- Rank within Sub-Chapter 4002: #17 of 21 by export value; import-side #9

### Key metrics

- Export CAGR: 38.58% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8383 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +518.33% in FY 2022-23
- Contribution to Sub-Ch. 4002: 0.06% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40026000

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 | < ₹1 Crore | 0.0000% | — | 0.02% | 130.93 | 0.0037% | — | 1.66% | −130.81 | #9103 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | +150.00% | 0.04% | 96.24 | 0.0029% | −26.50% | 1.58% | −95.94 | #8565 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +206.67% | 0.11% | 150.46 | 0.0052% | +56.34% | 2.40% | −149.54 | #7727 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −34.78% | 0.05% | 239.58 | 0.0052% | +59.23% | 2.62% | −238.98 | #8453 |
| FY 2022-23 | 3.71 | 0.0001% | +518.33% | 0.38% | 149.28 | 0.0026% | −37.69% | 1.34% | −145.57 | #6761 |
| FY 2023-24 | 1.31 | 0.0000% | −64.69% | 0.12% | 233.27 | 0.0042% | +56.26% | 2.37% | −231.96 | #7981 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −35.11% | 0.06% | 418.43 | 0.0069% | +79.38% | 3.55% | −417.58 | #8383 |

- CAGR (7-year): exports 38.58%/yr, imports 21.37%/yr (consistently Deficit)

## Key trade insights: HSN Code 40026000 export-import analysis

### Consistent export growth: 38.58% CAGR over 7 years

India's exports under HSN Code 40026000 have grown at a compound annual rate of 38.58% over 7 fiscal years, rising from ₹0.12 Crore in FY 2018-19 to ₹0.85 Crore in FY 2024-25.

### HSN Code 40026000 ranked #8383 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40026000 ranks #8383 out of 12657 HSN codes by total export value. Within Sub-Chapter 4002, it ranks #17 of 21. By trade surplus, it ranks #11788 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 40026000 exports

The strongest single-year export movement for HSN Code 40026000 was recorded in FY 2022-23, when exports surged by 518.33% over the prior year.

### India records a trade deficit of ₹417.58 Crore in HSN Code 40026000 goods

In FY 2024-25, India's imports of ₹418.43 Cr exceeded exports of ₹0.85 Cr, resulting in a trade deficit of ₹417.58 Crore — ranking #11788 of 12657 by surplus magnitude.

### Import growth of 21.37% CAGR signals rising demand for Isoprene rubber (IR)

India's imports under HSN Code 40026000 have grown at 21.37% CAGR, reaching ₹418.43 Crore in FY 2024-25.

### HSN Code 40026000 contributes 0.06% of Sub-Chapter 4002 exports — ranked #17

Among the 21 HSN codes under Sub-Chapter 4002, HSN Code 40026000 ranks #17 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.55% share (rank #9).

## 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](https://busy.in/hsn/hsn-40021100/) | ₹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 |
| #17 | HSN Code 40026000: Isoprene rubber (IR) (this hsn code) | < ₹1 Crore |