What products are classified under HSN 40059990 ?
It includes Other Compounded Rubber, Unvulcanised
HSN Code 40059990 represents Other Compounded Rubber, Unvulcanised under GST classification. This code helps businesses identify Other Compounded Rubber, Unvulcanised correctly for billing, taxation, and trade. With HSN Code 40059990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Other Compounded Rubber, Unvulcanised.
HSN Code 40059990 relates to the following description:
Other Compounded Rubber, Unvulcanised does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Compounded with carbon black or silica | |
| Solutions; dispersions other than those of sub-heading 4005 10 : Can sealing compound | |
| Solutions; dispersions other than those of sub-heading 4005 10 : Other | |
| Other : Plates, sheets and strip: Hospital sheeting | |
| Other : Plates, sheets and strip: Other | |
| Other : Other : Granules of unvulcanised natural or synthetic rubber, compounded, ready for vulcanisation |
Compounded with carbon black or silica
Solutions; dispersions other than those of sub-heading 4005 10 : Can sealing compound
Solutions; dispersions other than those of sub-heading 4005 10 : Other
Other : Plates, sheets and strip: Hospital sheeting
Other : Plates, sheets and strip: Other
Other : Other : Granules of unvulcanised natural or synthetic rubber, compounded, ready for vulcanisation
It includes Other Compounded Rubber, Unvulcanised
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 40059990, Other Compounded Rubber, Unvulcanised attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Compounded Rubber, Unvulcanised; 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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
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.