Find GST Rates & HSN
HSN Code 40030000: Reclaimed rubber, primary forms
HSN Code 40030000 represents Reclaimed rubber, primary forms under GST classification. This code helps businesses identify Reclaimed rubber, primary forms correctly for billing, taxation, and trade. With HSN Code 40030000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Reclaimed rubber, primary forms.
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Description of Goods for HSN Code 40030000
HSN Code 40030000 relates to the following description.
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India’s Trade Performance — HSN Code 40030000 in FY 2025-26
India’s Exports
FY 2025-26₹804 Cr
0.0206% of India’s total exports
India’s Imports
FY 2025-26₹10 Cr
0.0001% of India’s total imports
Trade Balance
FY 2025-26₹794 Cr
Surplus rank #472 of 12872 HSN codes
% of Sub-Chapter 4003
FY 2025-26100.00%
Share of Sub-Chapter 4003’s total exports in FY 2025-26
Import side: 100.00% of Sub-Chapter 4003’s imports
Rank Within Sub-Chapter 4003
FY 2025-26#1 of 1
Position by export value among HSN codes in Sub-Chapter 4003
Import-side rank: #1 of 1
At a glance
3.34%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#722
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+72.54%
Peak Growth Year
FY 2022-23 · strongest single-year move
100.00%
Contribution to Sub-Ch. 4003
Share of Sub-Chapter 4003 exports in FY 2025-26
India Export-Import Trade Statistics for HSN Code 40030000
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+635.28
Exports
638.61 ₹ Cr
0.0279% share
— YoY
100.00% of Sub-Ch. 4003
Imports
3.33 ₹ Cr
0.0001% share
— YoY
100.00% of Sub-Ch. 4003
Balance
+555.59
Exports
564.49 ₹ Cr
0.0256% share
−11.61% YoY
100.00% of Sub-Ch. 4003
Imports
8.90 ₹ Cr
0.0003% share
+167.27% YoY
100.00% of Sub-Ch. 4003
Balance
+413.78
Exports
418.54 ₹ Cr
0.0195% share
−25.86% YoY
100.00% of Sub-Ch. 4003
Imports
4.76 ₹ Cr
0.0002% share
−46.52% YoY
100.00% of Sub-Ch. 4003
Balance
+552.73
Exports
557.45 ₹ Cr
0.0178% share
+33.19% YoY
100.00% of Sub-Ch. 4003
Imports
4.72 ₹ Cr
0.0001% share
−0.84% YoY
100.00% of Sub-Ch. 4003
Balance
+959.00
Exports
961.80 ₹ Cr
0.0266% share
+72.54% YoY
100.00% of Sub-Ch. 4003
Imports
2.80 ₹ Cr
0.0000% share
−40.68% YoY
100.00% of Sub-Ch. 4003
Balance
+603.55
Exports
608.93 ₹ Cr
0.0168% share
−36.69% YoY
100.00% of Sub-Ch. 4003
Imports
5.38 ₹ Cr
0.0001% share
+92.14% YoY
100.00% of Sub-Ch. 4003
Balance
+656.05
Exports
662.77 ₹ Cr
0.0180% share
+8.84% YoY
100.00% of Sub-Ch. 4003
Imports
6.72 ₹ Cr
0.0001% share
+24.91% YoY
100.00% of Sub-Ch. 4003
Balance
+794.08
Exports
803.96 ₹ Cr
0.0206% share
+21.30% YoY
100.00% of Sub-Ch. 4003
Imports
9.88 ₹ Cr
0.0001% share
+47.02% YoY
100.00% of Sub-Ch. 4003
CAGR · 8-Year
Exports
3.34% /yr
Imports
16.81% /yr
reference, FY 2025-26
Export
₹803.96 Cr
Import
₹9.88 Cr
Trade Balance
+794.08
Key Trade Insights: HSN Code 40030000 Export-Import Analysis
Consistent Export Growth: 3.34% CAGR Over 8 Years
India's exports under HSN Code 40030000 have grown at a compound annual rate of 3.34% over 8 fiscal years, rising from ₹638.61 Crore in FY 2018-19 to ₹803.96 Crore in FY 2025-26.
HSN Code 40030000 Ranked #722 Among All 12872 HSN codes by Export Value
In FY 2025-26, HSN Code 40030000 ranks #722 out of 12872 HSN codes by total export value. Within Sub-Chapter 4003, it ranks #1 of 1. By trade surplus, it ranks #472 of 12872.
FY 2022-23 Was the Strongest Growth Year for HSN Code 40030000 Exports
The strongest single-year export movement for HSN Code 40030000 was recorded in FY 2022-23, when exports surged by 72.54% over the prior year.
India Maintains a Trade Surplus of ₹794.08 Crore in HSN Code 40030000 Goods
In FY 2025-26, India's exports of ₹803.96 Cr exceeded imports of ₹9.88 Cr, resulting in a trade surplus of ₹794.08 Crore — ranking #472 of 12872 by surplus magnitude.
Import Growth of 16.81% CAGR Signals Rising Demand for Reclaimed rubber, primary forms
India's imports under HSN Code 40030000 have grown at 16.81% CAGR, reaching ₹9.88 Crore in FY 2025-26.
HSN Code 40030000 Contributes 100.00% of Sub-Chapter 4003 Exports — Ranked #1
Among the 1 HSN codes under Sub-Chapter 4003, HSN Code 40030000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 100.00% share (rank #1).
Frequently Asked Questions
Clear answers to common queries about HSN Code 40030000 and GST compliance.
What products are classified under HSN 40030000 ?
It includes Reclaimed rubber, primary forms
Can we claim ITC on inputs used to trade Reclaimed rubber, primary forms?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How should mixed supplies be billed when Reclaimed rubber, primary forms is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Reclaimed rubber, primary forms; Nil for exempt items if applicable).
Any common misclassification issue with Reclaimed rubber, primary forms?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Do e‑way bill and e‑invoice apply for Reclaimed rubber, primary forms?
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.
Does packaging or labelling change the GST for Reclaimed rubber, primary forms?
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.