Find GST Rates & HSN

HSN Code 40070090: Other Vulcanised Rubber Thread and Cord Including Latex Thread

HSN Code 40070090 represents Other Vulcanised Rubber Thread and Cord Including Latex Thread under GST classification. This code helps businesses identify Other Vulcanised Rubber Thread and Cord Including Latex Thread correctly for billing, taxation, and trade. With HSN Code 40070090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Vulcanised Rubber Thread and Cord Including Latex Thread.

Free Live Demo Available Today

Don’t Let HSN Mistakes Affect Your GST Filing

Manage correct HSN codes and GST rates with BUSY.

Trusted by 6,00,000+ Users
4.5 Google Rating
40K+ Monthly Downloads
Free Mobile App
+91

* No credit card required

Description of Goods for HSN Code 40070090

HSN Code 40070090 relates to the following description.

Description of Goods

Latex Rubber Thread

Chapter

40 - Rubber and articles thereof

Sub Chapter

4007 - Vulcanised rubber thread and cord

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

Description of Goods

Vulcanised rubber thread and cord: Other

Chapter

40 - Rubber and articles thereof

Sub Chapter

4007 - Vulcanised rubber thread and cord

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 40070090 not include?

Other Vulcanised Rubber Thread and Cord Including Latex Thread does not include products with the following descriptions.

Vulcanised rubber thread and cord: Thread, not covered (Other than Latex Rubber Thread)

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91

* No credit card required

India’s Trade Performance — HSN Code 40070090 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹14 Cr

+60.23% vs FY 2024-25

0.0004% of India’s total exports

India’s Imports

FY 2025-26

₹50 Cr

+22.01% vs FY 2024-25

0.0007% of India’s total imports

Trade Balance

FY 2025-26

−₹36 Cr

Trade Deficit

Surplus rank #10047 of 12872 HSN codes

% of Sub-Chapter 4007

FY 2025-26

7.49%

Share of Sub-Chapter 4007’s total exports in FY 2025-26

Import side: 73.28% of Sub-Chapter 4007’s imports

Rank Within Sub-Chapter 4007

FY 2025-26

#2 of 3

Position by export value among HSN codes in Sub-Chapter 4007

Import-side rank: #1 of 3

At a glance

39.62%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#5555

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+149.67%

Peak Growth Year

FY 2020-21 · strongest single-year move

7.49%

Contribution to Sub-Ch. 4007

Share of Sub-Chapter 4007 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 40070090

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #7344

Balance

−35.77

Exports

1.34 ₹ Cr

0.0001% share

— YoY

2.96% of Sub-Ch. 4007

Imports

37.11 ₹ Cr

0.0010% share

— YoY

48.57% of Sub-Ch. 4007

FY 2019-20 Exp. Rank #7215

Balance

−29.04

Exports

1.51 ₹ Cr

0.0001% share

+12.69% YoY

3.05% of Sub-Ch. 4007

Imports

30.55 ₹ Cr

0.0009% share

−17.68% YoY

53.62% of Sub-Ch. 4007

FY 2020-21 Exp. Rank #6267

Balance

−29.50

Exports

3.77 ₹ Cr

0.0002% share

+149.67% YoY

3.78% of Sub-Ch. 4007

Imports

33.27 ₹ Cr

0.0011% share

+8.90% YoY

70.49% of Sub-Ch. 4007

FY 2021-22 Exp. Rank #5830

Balance

−49.14

Exports

7.64 ₹ Cr

0.0002% share

+102.65% YoY

5.80% of Sub-Ch. 4007

Imports

56.78 ₹ Cr

0.0012% share

+70.66% YoY

84.77% of Sub-Ch. 4007

FY 2022-23 Exp. Rank #6071

Balance

−33.10

Exports

7.05 ₹ Cr

0.0002% share

−7.72% YoY

4.82% of Sub-Ch. 4007

Imports

40.15 ₹ Cr

0.0007% share

−29.29% YoY

90.20% of Sub-Ch. 4007

FY 2023-24 Exp. Rank #6784

Balance

−33.76

Exports

4.21 ₹ Cr

0.0001% share

−40.28% YoY

3.18% of Sub-Ch. 4007

Imports

37.97 ₹ Cr

0.0007% share

−5.43% YoY

87.13% of Sub-Ch. 4007

FY 2024-25 Exp. Rank #5964

Balance

−31.96

Exports

8.65 ₹ Cr

0.0002% share

+105.46% YoY

5.29% of Sub-Ch. 4007

Imports

40.61 ₹ Cr

0.0007% share

+6.95% YoY

76.12% of Sub-Ch. 4007

FY 2025-26 Exp. Rank #5555

Balance

−35.69

Exports

13.86 ₹ Cr

0.0004% share

+60.23% YoY

7.49% of Sub-Ch. 4007

Imports

49.55 ₹ Cr

0.0007% share

+22.01% YoY

73.28% of Sub-Ch. 4007

CAGR · 8-Year

Exports

39.62% /yr

Imports

4.22% /yr

Consistently Deficit
Sub-Chapter 4007 total

reference, FY 2025-26

Export

₹185.12 Cr

Import

₹67.62 Cr

Trade Balance

+117.50

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

Key Trade Insights: HSN Code 40070090 Export-Import Analysis

Consistent Export Growth: 39.62% CAGR Over 8 Years

India's exports under HSN Code 40070090 have grown at a compound annual rate of 39.62% over 8 fiscal years, rising from ₹1.34 Crore in FY 2018-19 to ₹13.86 Crore in FY 2025-26.

HSN Code 40070090 Ranked #5555 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 40070090 ranks #5555 out of 12872 HSN codes by total export value. Within Sub-Chapter 4007, it ranks #2 of 3. By trade surplus, it ranks #10047 of 12872.

FY 2020-21 Was the Strongest Growth Year for HSN Code 40070090 Exports

The strongest single-year export movement for HSN Code 40070090 was recorded in FY 2020-21, when exports surged by 149.67% over the prior year.

India Records a Trade Deficit of ₹35.69 Crore in HSN Code 40070090 Goods

In FY 2025-26, India's imports of ₹49.55 Cr exceeded exports of ₹13.86 Cr, resulting in a trade deficit of ₹35.69 Crore — ranking #10047 of 12872 by surplus magnitude.

Import Growth of 4.22% CAGR Signals Stable Import Dependency for Other Vulcanised Rubber Thread and Cord Including Latex Thread

India's imports under HSN Code 40070090 have grown at 4.22% CAGR, reaching ₹49.55 Crore in FY 2025-26.

HSN Code 40070090 Contributes 7.49% of Sub-Chapter 4007 Exports — Ranked #2

Among the 3 HSN codes under Sub-Chapter 4007, HSN Code 40070090 ranks #2 by export value — accounting for 7.49% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 73.28% share (rank #1).

Frequently Asked Questions

Clear answers to common queries about HSN Code 40070090 and GST compliance.

What products are classified under HSN 40070090 ?

It includes Other Vulcanised Rubber Thread and Cord Including Latex Thread

Any common misclassification issue with Vegetable Waxes / Carnauba Waxes?

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 Vegetable Waxes / Carnauba Waxes?

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 Vegetable Waxes / Carnauba Waxes?

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 much GST applies to Vegetable Waxes / Carnauba Waxes?

Under HSN 40070090, Vegetable Waxes / Carnauba Waxes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Vegetable Waxes / Carnauba Waxes?

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.

Found this useful? Add BUSY as a preferred source to see more of us on Google.

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.