HSN Code 40028020 represents Endless Flat Belts (Rubber < 25%) under GST classification. This code helps businesses identify Endless Flat Belts (Rubber < 25%) correctly for billing, taxation, and trade. With HSN Code 40028020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Endless Flat Belts (Rubber < 25%).
Join our guided walkthrough to see how BUSY can transform your business operations.
HSN Code 40028020 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
Mixtures of any product of heading 40 01 with any product of this heading : Chemically modified form of natural rubber including graft rubber
9%
9%
18%
0%
Description of Goods
Mixtures of any product of heading 40 01 with any product of this heading : Chemically modified form of natural rubber including graft 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%
Endless Flat Belts (Rubber < 25%) 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) : Latex
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 : 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) : Latex
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 : 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 2024-25Nil
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹27 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25−₹27 Cr
Surplus rank #9780 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: 0.23% of Sub-Chapter 4002’s imports
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−17.53
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
17.53 ₹ Cr
0.0005% share
— YoY
0.22% of Sub-Ch. 4002
Balance
−16.83
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
16.83 ₹ Cr
0.0005% share
−3.99% YoY
0.28% of Sub-Ch. 4002
Balance
−14.97
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
14.97 ₹ Cr
0.0005% share
−11.05% YoY
0.24% of Sub-Ch. 4002
Balance
−20.93
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
20.93 ₹ Cr
0.0005% share
+39.81% YoY
0.23% of Sub-Ch. 4002
Balance
−25.36
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
25.36 ₹ Cr
0.0004% share
+21.17% YoY
0.23% of Sub-Ch. 4002
Balance
−20.59
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
20.59 ₹ Cr
0.0004% share
−18.81% YoY
0.21% of Sub-Ch. 4002
Balance
−27.25
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4002
Imports
27.25 ₹ Cr
0.0004% share
+32.35% YoY
0.23% of Sub-Ch. 4002
CAGR · 7-Year
Exports
—
Imports
7.63% /yr
reference, FY 2024-25
Export
₹1,382.02 Cr
Import
₹11,779.35 Cr
Trade Balance
−10,397.33
India exported ₹0.00 Crore worth of Endless Flat Belts (Rubber < 25%) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, India's imports of ₹27.25 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹27.25 Crore — ranking #9780 of 12657 by surplus magnitude.
India's imports under HSN Code 40028020 have grown at 7.63% CAGR, reaching ₹27.25 Crore in FY 2024-25.
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 40028020 and GST compliance.
It includes Endless Flat Belts (Rubber < 25%)
Under HSN 40028020, Endless Flat Belts (Rubber < 25%) attracts Varies when sold in taxable form. Describe the exact form on the invoice.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Endless Flat Belts (Rubber < 25%); Nil for exempt items if applicable).
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.
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.