--- title: "HSN Code for Tyre Resoling/Repairing Rubber Compounds | HSN 40029920 GST Rate" description: "Find HSN and GST Rates for 40029920 related to Tyre Resoling/Repairing Rubber Compounds with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40029920/" --- # HSN Code 40029920: Tyre Resoling/Repairing Rubber Compounds - [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 | | --- | --- | --- | --- | --- | | Other : Other : Tread rubber compound, cushion compound, cushion gum and tread gum for resoling or repairing or retreading rubber tyres | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 40029920 ? It includes Tyre Resoling/Repairing Rubber Compounds ### Do e‑way bill and e‑invoice apply for Tyre Resoling/Repairing Rubber Compounds? 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 Tyre Resoling/Repairing Rubber Compounds? 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 Tyre Resoling/Repairing Rubber Compounds? Under HSN 40029920, Tyre Resoling/Repairing Rubber Compounds attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Tyre Resoling/Repairing Rubber Compounds is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tyre Resoling/Repairing Rubber Compounds; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Tyre Resoling/Repairing Rubber Compounds? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 40029920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹6 Cr (+5.59% YoY) — 0.0002% of India's total exports - Imports: < ₹1 Crore (−92.86% YoY) — 0.0000% of India's total imports - Trade balance: ₹6 Cr (Surplus); surplus rank #3613 of 12657 HSN codes - Share of Sub-Chapter 4002: 0.45% of its exports; import side 0.00% - Rank within Sub-Chapter 4002: #13 of 21 by export value; import-side #21 ### Key metrics - Export CAGR: 6.54% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6360 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +26.76% in FY 2021-22 - Contribution to Sub-Ch. 4002: 0.45% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40029920 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 | 4.26 | 0.0002% | — | 0.58% | < ₹1 Crore | 0.0000% | — | 0.01% | +3.61 | #6068 | | FY 2019-20 | 4.38 | 0.0002% | +2.82% | 0.58% | < ₹1 Crore | 0.0000% | −75.38% | 0.00% | +4.22 | #6021 | | FY 2020-21 | 4.11 | 0.0002% | −6.16% | 0.50% | < ₹1 Crore | 0.0000% | −6.25% | 0.00% | +3.96 | #6161 | | FY 2021-22 | 5.21 | 0.0002% | +26.76% | 0.46% | < ₹1 Crore | 0.0000% | −80.00% | 0.00% | +5.18 | #6297 | | FY 2022-23 | 5.56 | 0.0002% | +6.72% | 0.58% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +5.53 | #6344 | | FY 2023-24 | 5.90 | 0.0002% | +6.12% | 0.54% | < ₹1 Crore | 0.0000% | +366.67% | 0.00% | +5.76 | #6379 | | FY 2024-25 | 6.23 | 0.0002% | +5.59% | 0.45% | < ₹1 Crore | 0.0000% | −92.86% | 0.00% | +6.22 | #6360 | - CAGR (7-year): exports 6.54%/yr, imports -50.13%/yr (consistently Surplus) ## Key trade insights: HSN Code 40029920 export-import analysis ### Consistent export growth: 6.54% CAGR over 7 years India's exports under HSN Code 40029920 have grown at a compound annual rate of 6.54% over 7 fiscal years, rising from ₹4.26 Crore in FY 2018-19 to ₹6.23 Crore in FY 2024-25. ### HSN Code 40029920 ranked #6360 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40029920 ranks #6360 out of 12657 HSN codes by total export value. Within Sub-Chapter 4002, it ranks #13 of 21. By trade surplus, it ranks #3613 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 40029920 exports The strongest single-year export movement for HSN Code 40029920 was recorded in FY 2021-22, when exports surged by 26.76% over the prior year. ### India maintains a trade surplus of ₹6.22 Crore in HSN Code 40029920 goods In FY 2024-25, India's exports of ₹6.23 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹6.22 Crore — ranking #3613 of 12657 by surplus magnitude. ### Import growth of -50.13% CAGR signals stable import dependency for Tyre Resoling/Repairing Rubber Compounds India's imports under HSN Code 40029920 have grown at -50.13% CAGR, reaching ₹0.01 Crore in FY 2024-25. ### HSN Code 40029920 contributes 0.45% of Sub-Chapter 4002 exports — ranked #13 Among the 21 HSN codes under Sub-Chapter 4002, HSN Code 40029920 ranks #13 by export value — accounting for 0.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #21). ## 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 | | #13 | HSN Code 40029920: Tyre Resoling/Repairing Rubber Compounds (this hsn code) | ₹6 Cr |