HSN Code 40052010: Can Sealing Compound

HSN Code 40052010 represents Can Sealing Compound under GST classification. This code helps businesses identify Can Sealing Compound correctly for billing, taxation, and trade. With HSN Code 40052010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Can Sealing Compound.

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Description of Goods for HSN Code 40052010

HSN Code 40052010 relates to the following description.

Description of Goods

Solutions; dispersions other than those of sub-heading 4005 10 : Can sealing compound

Chapter

40 - Rubber and articles thereof

Sub Chapter

4005 - Compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 40052010 not include?

Can Sealing Compound does not include products with the following descriptions.

Other : Other : Granules of unvulcanised natural or synthetic rubber, compounded, ready for vulcanisation

India’s Trade Performance — HSN Code 40052010 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

₹1 Cr

+88.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

+1.47% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹9 Cr

Trade Deficit

Surplus rank #8994 of 12657 HSN codes

% of Sub-Chapter 4005

FY 2024-25

0.38%

Share of Sub-Chapter 4005’s total exports in FY 2024-25

Import side: 0.25% of Sub-Chapter 4005’s imports

Rank Within Sub-Chapter 4005

FY 2024-25

#7 of 7

Position by export value among HSN codes in Sub-Chapter 4005

Import-side rank: #6 of 7

At a glance

−2.88%

Export CAGR

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

#7927

National Export Rank

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

+88.00%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.38%

Contribution to Sub-Ch. 4005

Share of Sub-Chapter 4005 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 40052010

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 #7127

Balance

+0.68

Exports

1.68 ₹ Cr

0.0001% share

YoY

0.78% of Sub-Ch. 4005

Imports

1.00 ₹ Cr

0.0000% share

YoY

0.10% of Sub-Ch. 4005

FY 2019-20 Exp. Rank #7571

Balance

−2.96

Exports

1.05 ₹ Cr

0.0000% share

−37.50% YoY

0.61% of Sub-Ch. 4005

Imports

4.01 ₹ Cr

0.0001% share

+301.00% YoY

0.32% of Sub-Ch. 4005

FY 2020-21 Exp. Rank #7650

Balance

−5.44

Exports

1.02 ₹ Cr

0.0000% share

−2.86% YoY

0.54% of Sub-Ch. 4005

Imports

6.46 ₹ Cr

0.0002% share

+61.10% YoY

0.53% of Sub-Ch. 4005

FY 2021-22 Exp. Rank #7797

Balance

−6.28

Exports

1.24 ₹ Cr

0.0000% share

+21.57% YoY

0.51% of Sub-Ch. 4005

Imports

7.52 ₹ Cr

0.0002% share

+16.41% YoY

0.48% of Sub-Ch. 4005

FY 2022-23 Exp. Rank #8053

Balance

−5.39

Exports

1.06 ₹ Cr

0.0000% share

−14.52% YoY

0.32% of Sub-Ch. 4005

Imports

6.45 ₹ Cr

0.0001% share

−14.23% YoY

0.33% of Sub-Ch. 4005

FY 2023-24 Exp. Rank #8489

Balance

−9.43

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−29.25% YoY

0.19% of Sub-Ch. 4005

Imports

10.18 ₹ Cr

0.0002% share

+57.83% YoY

0.45% of Sub-Ch. 4005

FY 2024-25 Exp. Rank #7927

Balance

−8.92

Exports

1.41 ₹ Cr

0.0000% share

+88.00% YoY

0.38% of Sub-Ch. 4005

Imports

10.33 ₹ Cr

0.0002% share

+1.47% YoY

0.25% of Sub-Ch. 4005

CAGR · 7-Year

Exports

−2.88% /yr

Imports

47.58% /yr

Consistently Deficit
Sub-Chapter 4005 total

reference, FY 2024-25

Export

₹374.42 Cr

Import

₹4,149.58 Cr

Trade Balance

−3,775.16

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 40052010 Export-Import Analysis

Export Decline: −2.88% CAGR Over 7 Years

India's exports under HSN Code 40052010 have declined at a compound annual rate of −2.88% over 7 fiscal years, falling from ₹1.68 Crore in FY 2018-19 to ₹1.41 Crore in FY 2024-25.

HSN Code 40052010 Ranked #7927 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40052010 ranks #7927 out of 12657 HSN codes by total export value. Within Sub-Chapter 4005, it ranks #7 of 7. By trade surplus, it ranks #8994 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 40052010 Exports

The strongest single-year export movement for HSN Code 40052010 was recorded in FY 2024-25, when exports surged by 88.00% over the prior year.

India Records a Trade Deficit of ₹8.92 Crore in HSN Code 40052010 Goods

In FY 2024-25, India's imports of ₹10.33 Cr exceeded exports of ₹1.41 Cr, resulting in a trade deficit of ₹8.92 Crore — ranking #8994 of 12657 by surplus magnitude.

Import Growth of 47.58% CAGR Signals Rising Demand for Can Sealing Compound

India's imports under HSN Code 40052010 have grown at 47.58% CAGR, reaching ₹10.33 Crore in FY 2024-25.

HSN Code 40052010 Contributes 0.38% of Sub-Chapter 4005 Exports — Ranked #7

Among the 7 HSN codes under Sub-Chapter 4005, HSN Code 40052010 ranks #7 by export value — accounting for 0.38% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.25% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40052010 and GST compliance.

What products are classified under HSN 40052010 ?

It includes Can Sealing Compound

How much GST applies to Can Sealing Compound?

Under HSN 40052010, Can Sealing Compound attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Can Sealing Compound?

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

Does packaging or labelling change the GST for Can Sealing Compound?

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.

Do e‑way bill and e‑invoice apply for Can Sealing Compound?

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 Can Sealing Compound?

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

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.