HSN Code 40059190: Other | Plates, Sheets And Strip| Other

HSN Code 40059190 represents Other | Plates, Sheets And Strip| Other under GST classification. This code helps businesses identify Other | Plates, Sheets And Strip| Other correctly for billing, taxation, and trade. With HSN Code 40059190, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Plates, Sheets And Strip| Other.

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Description of Goods for HSN Code 40059190

HSN Code 40059190 relates to the following description.

Description of Goods

Other : Plates, sheets and strip: Other

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 40059190 not include?

Other | Plates, Sheets And Strip| Other does not include products with the following descriptions.

HSN Code 40052010

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

HSN Code 40059910

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

India’s Trade Performance — HSN Code 40059190 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

₹84 Cr

−1.90% vs FY 2023-24

0.0023% of India’s total exports

India’s Imports

FY 2024-25

₹195 Cr

+5.70% vs FY 2023-24

0.0032% of India’s total imports

Trade Balance

FY 2024-25

−₹111 Cr

Trade Deficit

Surplus rank #10875 of 12657 HSN codes

% of Sub-Chapter 4005

FY 2024-25

22.53%

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

Import side: 4.70% of Sub-Chapter 4005’s imports

Rank Within Sub-Chapter 4005

FY 2024-25

#2 of 7

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

Import-side rank: #2 of 7

At a glance

6.91%

Export CAGR

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

#2898

National Export Rank

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

+50.47%

Peak Growth Year

FY 2021-22 · strongest single-year move

22.53%

Contribution to Sub-Ch. 4005

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

India Export-Import Trade Statistics for HSN Code 40059190

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 #2701

Balance

−152.51

Exports

56.48 ₹ Cr

0.0025% share

— YoY

26.20% of Sub-Ch. 4005

Imports

208.99 ₹ Cr

0.0058% share

— YoY

21.08% of Sub-Ch. 4005

FY 2019-20 Exp. Rank #2549

Balance

−146.13

Exports

64.66 ₹ Cr

0.0029% share

+14.48% YoY

37.45% of Sub-Ch. 4005

Imports

210.79 ₹ Cr

0.0063% share

+0.86% YoY

16.74% of Sub-Ch. 4005

FY 2020-21 Exp. Rank #2736

Balance

−108.78

Exports

57.38 ₹ Cr

0.0027% share

−11.26% YoY

30.26% of Sub-Ch. 4005

Imports

166.16 ₹ Cr

0.0057% share

−21.17% YoY

13.59% of Sub-Ch. 4005

FY 2021-22 Exp. Rank #2613

Balance

−122.37

Exports

86.34 ₹ Cr

0.0028% share

+50.47% YoY

35.41% of Sub-Ch. 4005

Imports

208.71 ₹ Cr

0.0046% share

+25.61% YoY

13.30% of Sub-Ch. 4005

FY 2022-23 Exp. Rank #2573

Balance

−174.90

Exports

96.81 ₹ Cr

0.0027% share

+12.13% YoY

28.92% of Sub-Ch. 4005

Imports

271.71 ₹ Cr

0.0047% share

+30.19% YoY

13.83% of Sub-Ch. 4005

FY 2023-24 Exp. Rank #2768

Balance

−98.43

Exports

85.97 ₹ Cr

0.0024% share

−11.20% YoY

22.21% of Sub-Ch. 4005

Imports

184.40 ₹ Cr

0.0033% share

−32.13% YoY

8.19% of Sub-Ch. 4005

FY 2024-25 Exp. Rank #2898

Balance

−110.57

Exports

84.34 ₹ Cr

0.0023% share

−1.90% YoY

22.53% of Sub-Ch. 4005

Imports

194.91 ₹ Cr

0.0032% share

+5.70% YoY

4.70% of Sub-Ch. 4005

CAGR · 7-Year

Exports

6.91% /yr

Imports

−1.16% /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 40059190 Export-Import Analysis

Consistent Export Growth: 6.91% CAGR Over 7 Years

India's exports under HSN Code 40059190 have grown at a compound annual rate of 6.91% over 7 fiscal years, rising from ₹56.48 Crore in FY 2018-19 to ₹84.34 Crore in FY 2024-25.

HSN Code 40059190 Ranked #2898 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40059190 ranks #2898 out of 12657 HSN codes by total export value. Within Sub-Chapter 4005, it ranks #2 of 7. By trade surplus, it ranks #10875 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40059190 Exports

The strongest single-year export movement for HSN Code 40059190 was recorded in FY 2021-22, when exports surged by 50.47% over the prior year.

India Records a Trade Deficit of ₹110.57 Crore in HSN Code 40059190 Goods

In FY 2024-25, India's imports of ₹194.91 Cr exceeded exports of ₹84.34 Cr, resulting in a trade deficit of ₹110.57 Crore — ranking #10875 of 12657 by surplus magnitude.

Import Growth of −1.16% CAGR Signals Stable Import Dependency for Other | Plates, Sheets And Strip| Other

India's imports under HSN Code 40059190 have grown at −1.16% CAGR, reaching ₹194.91 Crore in FY 2024-25.

HSN Code 40059190 Contributes 22.53% of Sub-Chapter 4005 Exports — Ranked #2

Among the 7 HSN codes under Sub-Chapter 4005, HSN Code 40059190 ranks #2 by export value — accounting for 22.53% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.70% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40059190 and GST compliance.

What products are classified under HSN 40059190 ?

It includes Other | Plates, Sheets And Strip| Other

Any common misclassification issue with Other / Plates, Sheets And Strip/ Other?

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 Other / Plates, Sheets And Strip/ Other?

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 Other / Plates, Sheets And Strip/ Other?

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.

Can we claim ITC on inputs used to trade Other / Plates, Sheets And Strip/ Other?

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 Other / Plates, Sheets And Strip/ Other is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Plates, Sheets And Strip/ Other; Nil for exempt items if applicable).

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.