HSN Code 40101990: Other Conveyor Belts

HSN Code 40101990 represents Other Conveyor Belts under GST classification. This code helps businesses identify Other Conveyor Belts correctly for billing, taxation, and trade. With HSN Code 40101990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Conveyor Belts.

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Description of Goods for HSN Code 40101990

HSN Code 40101990 relates to the following description.

Description of Goods

Conveyor belts or belting : Other : Other

Chapter

40 - Rubber and articles thereof

Sub Chapter

4010 - Conveyor or transmission belts or belting of vulcanised rubber

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 40101990 not include?

Other Conveyor Belts does not include products with the following descriptions.

Conveyor belts or belting : Reinforced only with metal : Where the rubber compound content is less than 25% by weight

Conveyor belts or belting : Reinforced only with textile materials : Where the rubber compound content is less than 25% by weight

Conveyor or transmission belts or belting of vulcanised rubber - conveyor belts or belting : - reinforced only with plastics : where the rubber compound content is less than 25% by weight

Conveyor or transmission belts or belting of vulcanised rubber - conveyor belts or belting : - reinforced only with plastics : other

Conveyor belts or belting : Other : Where the rubber compound content is less than 25% by weight

Transmission belts or belting : Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm : Where the rubber compound content is less than 25% by weight

Transmission belts or belting : Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm : Other

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), other than V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm : Where the rubber compound content is less than 25% by weight

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), other than V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm : other

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm : Where the rubber compound content is less than 25% by weight

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm : Other

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), other than V-ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm : Where the rubber compound content is less than 25% by weight

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), other than V-ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm : Other

Transmission belts or belting : Endless synchronous belts of an outside circumference exceeding 60 cm but not exceeding 150 cm : Where the rubber compound content is less than 25% by weight

Transmission belts or belting : Endless synchronous belts of an outside circumference exceeding 60 cm but not exceeding 150 cm : Other

Transmission belts or belting : Endless synchronous belts of an outside circumference exceeding 150 cm but not exceeding 198 cm : Where the rubber compound content is less than 25% by weight

Transmission belts or belting : Endless synchronous belts of an outside circumference exceeding 150 cm but not exceeding 198 cm : Other

Transmission belts or belting : Other : Where the rubber compound content is less than 25% by weight : Endless flat belt

Transmission belts or belting : Other : Where the rubber compound content is less than 25% by weight : Ply belting

Transmission belts or belting : Other : Where the rubber compound content is less than 25% by weight : Other

India’s Trade Performance — HSN Code 40101990 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

₹5 Cr

−7.48% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

₹47 Cr

+31.91% vs FY 2023-24

0.0008% of India’s total imports

Trade Balance

FY 2024-25

−₹42 Cr

Trade Deficit

Surplus rank #10118 of 12657 HSN codes

% of Sub-Chapter 4010

FY 2024-25

0.26%

Share of Sub-Chapter 4010’s total exports in FY 2024-25

Import side: 4.28% of Sub-Chapter 4010’s imports

Rank Within Sub-Chapter 4010

FY 2024-25

#10 of 26

Position by export value among HSN codes in Sub-Chapter 4010

Import-side rank: #7 of 26

At a glance

−10.89%

Export CAGR

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

#6690

National Export Rank

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

+32.53%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.26%

Contribution to Sub-Ch. 4010

Share of Sub-Chapter 4010 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 40101990

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 #5050

Balance

−19.26

Exports

9.39 ₹ Cr

0.0004% share

YoY

0.93% of Sub-Ch. 4010

Imports

28.65 ₹ Cr

0.0008% share

YoY

4.21% of Sub-Ch. 4010

FY 2019-20 Exp. Rank #5417

Balance

−18.36

Exports

7.20 ₹ Cr

0.0003% share

−23.32% YoY

0.73% of Sub-Ch. 4010

Imports

25.56 ₹ Cr

0.0008% share

−10.79% YoY

3.99% of Sub-Ch. 4010

FY 2020-21 Exp. Rank #5410

Balance

−31.71

Exports

7.61 ₹ Cr

0.0004% share

+5.69% YoY

0.84% of Sub-Ch. 4010

Imports

39.32 ₹ Cr

0.0013% share

+53.83% YoY

6.35% of Sub-Ch. 4010

FY 2021-22 Exp. Rank #5860

Balance

−30.98

Exports

7.50 ₹ Cr

0.0002% share

−1.45% YoY

0.58% of Sub-Ch. 4010

Imports

38.48 ₹ Cr

0.0008% share

−2.14% YoY

4.89% of Sub-Ch. 4010

FY 2022-23 Exp. Rank #5636

Balance

−36.54

Exports

9.94 ₹ Cr

0.0003% share

+32.53% YoY

0.61% of Sub-Ch. 4010

Imports

46.48 ₹ Cr

0.0008% share

+20.79% YoY

4.89% of Sub-Ch. 4010

FY 2023-24 Exp. Rank #6567

Balance

−30.52

Exports

5.08 ₹ Cr

0.0001% share

−48.89% YoY

0.30% of Sub-Ch. 4010

Imports

35.60 ₹ Cr

0.0006% share

−23.41% YoY

3.51% of Sub-Ch. 4010

FY 2024-25 Exp. Rank #6690

Balance

−42.26

Exports

4.70 ₹ Cr

0.0001% share

−7.48% YoY

0.26% of Sub-Ch. 4010

Imports

46.96 ₹ Cr

0.0008% share

+31.91% YoY

4.28% of Sub-Ch. 4010

CAGR · 7-Year

Exports

−10.89% /yr

Imports

8.58% /yr

Consistently Deficit
Sub-Chapter 4010 total

reference, FY 2024-25

Export

₹1,809.70 Cr

Import

₹1,096.82 Cr

Trade Balance

+712.88

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

Key Trade Insights: HSN Code 40101990 Export-Import Analysis

Export Decline: −10.89% CAGR Over 7 Years

India's exports under HSN Code 40101990 have declined at a compound annual rate of −10.89% over 7 fiscal years, falling from ₹9.39 Crore in FY 2018-19 to ₹4.70 Crore in FY 2024-25.

HSN Code 40101990 Ranked #6690 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40101990 ranks #6690 out of 12657 HSN codes by total export value. Within Sub-Chapter 4010, it ranks #10 of 26. By trade surplus, it ranks #10118 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 40101990 Exports

The strongest single-year export movement for HSN Code 40101990 was recorded in FY 2022-23, when exports surged by 32.53% over the prior year.

India Records a Trade Deficit of ₹42.26 Crore in HSN Code 40101990 Goods

In FY 2024-25, India's imports of ₹46.96 Cr exceeded exports of ₹4.70 Cr, resulting in a trade deficit of ₹42.26 Crore — ranking #10118 of 12657 by surplus magnitude.

Import Growth of 8.58% CAGR Signals Stable Import Dependency for Other Conveyor Belts

India's imports under HSN Code 40101990 have grown at 8.58% CAGR, reaching ₹46.96 Crore in FY 2024-25.

HSN Code 40101990 Contributes 0.26% of Sub-Chapter 4010 Exports — Ranked #10

Among the 26 HSN codes under Sub-Chapter 4010, HSN Code 40101990 ranks #10 by export value — accounting for 0.26% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.28% share (rank #7).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40101990 and GST compliance.

What products are classified under HSN 40101990 ?

It includes Other Conveyor Belts

How much GST applies to Other Conveyor Belts?

Under HSN 40101990, Other Conveyor Belts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Other Conveyor Belts?

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 Conveyor Belts?

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.

How should mixed supplies be billed when Other Conveyor Belts is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Conveyor Belts; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Other Conveyor Belts?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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.