HSN Code 40061000: Camel-back strips for tyre retreading
HSN Code 40061000 represents Camel-back strips for tyre retreading under GST classification. This code helps businesses identify Camel-back strips for tyre retreading correctly for billing, taxation, and trade. With HSN Code 40061000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Camel-back strips for tyre retreading.
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Description of Goods for HSN Code 40061000
HSN Code 40061000 relates to the following description.
What does HSN Code 40061000 not include?
Camel-back strips for tyre retreading does not include products with the following descriptions.
Other : Thread, not covered
Other : Other
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India’s Trade Performance — HSN Code 40061000 in FY 2024-25
India’s Exports
FY 2024-25₹15 Cr
0.0004% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹15 Cr
Surplus rank #3049 of 12657 HSN codes
% of Sub-Chapter 4006
FY 2024-2537.10%
Share of Sub-Chapter 4006’s total exports in FY 2024-25
Import side: 0.15% of Sub-Chapter 4006’s imports
Rank Within Sub-Chapter 4006
FY 2024-25#2 of 3
Position by export value among HSN codes in Sub-Chapter 4006
Import-side rank: #3 of 3
At a glance
5.99%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5275
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+21.41%
Peak Growth Year
FY 2024-25 · strongest single-year move
37.10%
Contribution to Sub-Ch. 4006
Share of Sub-Chapter 4006 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 40061000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+10.40
Exports
10.44 ₹ Cr
0.0005% share
— YoY
39.23% of Sub-Ch. 4006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.32% of Sub-Ch. 4006
Balance
+12.34
Exports
12.43 ₹ Cr
0.0006% share
+19.06% YoY
46.16% of Sub-Ch. 4006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+125.00% YoY
0.62% of Sub-Ch. 4006
Balance
+12.76
Exports
12.81 ₹ Cr
0.0006% share
+3.06% YoY
47.46% of Sub-Ch. 4006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−44.44% YoY
0.35% of Sub-Ch. 4006
Balance
+15.00
Exports
15.21 ₹ Cr
0.0005% share
+18.74% YoY
53.37% of Sub-Ch. 4006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+320.00% YoY
1.38% of Sub-Ch. 4006
Balance
+10.89
Exports
11.07 ₹ Cr
0.0003% share
−27.22% YoY
34.99% of Sub-Ch. 4006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−14.29% YoY
0.70% of Sub-Ch. 4006
Balance
+12.10
Exports
12.19 ₹ Cr
0.0003% share
+10.12% YoY
35.04% of Sub-Ch. 4006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−50.00% YoY
0.23% of Sub-Ch. 4006
Balance
+14.75
Exports
14.80 ₹ Cr
0.0004% share
+21.41% YoY
37.10% of Sub-Ch. 4006
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−44.44% YoY
0.15% of Sub-Ch. 4006
CAGR · 7-Year
Exports
5.99% /yr
Imports
3.79% /yr
Key Trade Insights: HSN Code 40061000 Export-Import Analysis
Consistent Export Growth: 5.99% CAGR Over 7 Years
India's exports under HSN Code 40061000 have grown at a compound annual rate of 5.99% over 7 fiscal years, rising from ₹10.44 Crore in FY 2018-19 to ₹14.80 Crore in FY 2024-25.
HSN Code 40061000 Ranked #5275 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 40061000 ranks #5275 out of 12657 HSN codes by total export value. Within Sub-Chapter 4006, it ranks #2 of 3. By trade surplus, it ranks #3049 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 40061000 Exports
The strongest single-year export movement for HSN Code 40061000 was recorded in FY 2024-25, when exports surged by 21.41% over the prior year.
India Maintains a Trade Surplus of ₹14.75 Crore in HSN Code 40061000 Goods
In FY 2024-25, India's exports of ₹14.80 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹14.75 Crore — ranking #3049 of 12657 by surplus magnitude.
Import Growth of 3.79% CAGR Signals Stable Import Dependency for Camel-back strips for tyre retreading
India's imports under HSN Code 40061000 have grown at 3.79% CAGR, reaching ₹0.05 Crore in FY 2024-25.
HSN Code 40061000 Contributes 37.10% of Sub-Chapter 4006 Exports — Ranked #2
Among the 3 HSN codes under Sub-Chapter 4006, HSN Code 40061000 ranks #2 by export value — accounting for 37.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #3).
Frequently Asked Questions
Clear answers to common queries about HSN Code 40061000 and GST compliance.
What products are classified under HSN 40061000 ?
It includes Camel-back strips for tyre retreading
Do e‑way bill and e‑invoice apply for Camel-back strips for tyre retreading?
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 Camel-back strips for tyre retreading?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Can we claim ITC on inputs used to trade Camel-back strips for tyre retreading?
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 Camel-back strips for tyre retreading is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Camel-back strips for tyre retreading; Nil for exempt items if applicable).
Does packaging or labelling change the GST for Camel-back strips for tyre retreading?
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.