--- title: "HSN Code for Other | Thread, Not Covered | HSN 40069010 GST Rate" description: "Find HSN and GST Rates for 40069010 related to Other | Thread, Not Covered with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40069010/" --- # HSN Code 40069010: Other | Thread, Not Covered - [Section 07: Guide to HSN Section 07](https://busy.in/hsn/section-07/) - [Chapter 40: Rubber and Articles Thereof](https://busy.in/hsn/chapter-40/) - [Sub-chapter 4006: Unvulcanised rubber products](https://busy.in/hsn/sub-chapter-4006/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Thread, not covered | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 40069010 ? It includes Other | Thread, Not Covered ### Can we claim ITC on inputs used to trade Other / Thread, Not Covered? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Other / Thread, Not Covered? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Other / Thread, Not Covered? 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. ### How should mixed supplies be billed when Other / Thread, Not Covered is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Thread, Not Covered; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Other / Thread, Not Covered? 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. ## India's trade performance: HSN Code 40069010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹1 Cr (+204.26% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−62.50% YoY) — 0.0000% of India's total imports - Trade balance: ₹1 Cr (Surplus); surplus rank #4413 of 12657 HSN codes - Share of Sub-Chapter 4006: 3.58% of its exports; import side 0.46% - Rank within Sub-Chapter 4006: #3 of 3 by export value; import-side #2 ### Key metrics - Export CAGR: 37.67% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #7908 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +240.00% in FY 2021-22 - Contribution to Sub-Ch. 4006: 3.58% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40069010 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 4006 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4006 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.79% | < ₹1 Crore | 0.0000% | — | 0.08% | +0.20 | #8774 | | FY 2019-20 | < ₹1 Crore | 0.0000% | +85.71% | 1.45% | < ₹1 Crore | 0.0000% | +3,100.00% | 2.19% | +0.07 | #8395 | | FY 2020-21 | < ₹1 Crore | 0.0000% | −74.36% | 0.37% | < ₹1 Crore | 0.0000% | −71.88% | 0.62% | +0.01 | #9236 | | FY 2021-22 | < ₹1 Crore | 0.0000% | +240.00% | 1.19% | < ₹1 Crore | 0.0000% | +44.44% | 0.85% | +0.21 | #8858 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +141.18% | 2.59% | < ₹1 Crore | 0.0000% | +146.15% | 1.24% | +0.50 | #8274 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −42.68% | 1.35% | < ₹1 Crore | 0.0000% | +25.00% | 1.01% | +0.07 | #8839 | | FY 2024-25 | 1.43 | 0.0000% | +204.26% | 3.58% | < ₹1 Crore | 0.0000% | −62.50% | 0.46% | +1.28 | #7908 | - CAGR (7-year): exports 37.67%/yr, imports 57.04%/yr (consistently Surplus) ## Key trade insights: HSN Code 40069010 export-import analysis ### Consistent export growth: 37.67% CAGR over 7 years India's exports under HSN Code 40069010 have grown at a compound annual rate of 37.67% over 7 fiscal years, rising from ₹0.21 Crore in FY 2018-19 to ₹1.43 Crore in FY 2024-25. ### HSN Code 40069010 ranked #7908 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40069010 ranks #7908 out of 12657 HSN codes by total export value. Within Sub-Chapter 4006, it ranks #3 of 3. By trade surplus, it ranks #4413 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 40069010 exports The strongest single-year export movement for HSN Code 40069010 was recorded in FY 2021-22, when exports surged by 240.00% over the prior year. ### India maintains a trade surplus of ₹1.28 Crore in HSN Code 40069010 goods In FY 2024-25, India's exports of ₹1.43 Cr exceeded imports of ₹0.15 Cr, resulting in a trade surplus of ₹1.28 Crore — ranking #4413 of 12657 by surplus magnitude. ### Import growth of 57.04% CAGR signals rising demand for Other | Thread, Not Covered India's imports under HSN Code 40069010 have grown at 57.04% CAGR, reaching ₹0.15 Crore in FY 2024-25. ### HSN Code 40069010 contributes 3.58% of Sub-Chapter 4006 exports — ranked #3 Among the 3 HSN codes under Sub-Chapter 4006, HSN Code 40069010 ranks #3 by export value — accounting for 3.58% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.46% share (rank #2). ## Related HSN Codes in Sub-Chapter 4006 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 40069090: Unvulcanized rubber articles \| Other](https://busy.in/hsn/hsn-40069090/) | ₹24 Cr | | #2 | [HSN Code 40061000: Camel-back strips for tyre retreading](https://busy.in/hsn/hsn-40061000/) | ₹15 Cr | | #3 | HSN Code 40069010: Other \| Thread, Not Covered (this hsn code) | ₹1 Cr |