---
title: "HSN Code for V-Belts (>180-240cm, <25% Rubber) | HSN 40103110 GST Rate"
description: "Find HSN and GST Rates for 40103110 related to V-Belts (>180-240cm, <25% Rubber) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40103110/"
---

# HSN Code 40103110: V-Belts (>180-240cm, <25% Rubber)

- [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 4010: Rubber conveyor belts](https://busy.in/hsn/sub-chapter-4010/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| 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 | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 40103110 ?

It includes V-Belts (>180-240cm, <25% Rubber)

### How much GST applies to V-Belts (>180-240cm, <25% Rubber)?

Under HSN 40103110, V-Belts (>180-240cm, <25% Rubber) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for V-Belts (>180-240cm, <25% Rubber)?

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.

### Do e‑way bill and e‑invoice apply for V-Belts (>180-240cm, <25% Rubber)?

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 V-Belts (>180-240cm, <25% Rubber) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for V-Belts (>180-240cm, <25% Rubber); Nil for exempt items if applicable).

### Any common misclassification issue with V-Belts (>180-240cm, <25% Rubber)?

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 V-Belts (>180-240cm, <25% Rubber)?

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

## India's trade performance: HSN Code 40103110 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: < ₹1 Crore (−10.20% YoY) — 0.0000% of India's total exports
- Imports: ₹6 Cr (+478.57% YoY) — 0.0001% of India's total imports
- Trade balance: −₹5 Cr (Deficit); surplus rank #8639 of 12657 HSN codes
- Share of Sub-Chapter 4010: 0.02% of its exports; import side 0.52%
- Rank within Sub-Chapter 4010: #19 of 26 by export value; import-side #14

### Key metrics

- Export CAGR: -15.40% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8914 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +145.00% in FY 2023-24
- Contribution to Sub-Ch. 4010: 0.02% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40103110

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. 4010 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4010 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1.20 | 0.0001% | — | 0.12% | 3.02 | 0.0001% | — | 0.44% | −1.82 | #7457 |
| FY 2019-20 | 2.04 | 0.0001% | +70.00% | 0.21% | 1.92 | 0.0001% | −36.42% | 0.30% | +0.12 | #6912 |
| FY 2020-21 | 1.97 | 0.0001% | −3.43% | 0.22% | 1.40 | 0.0000% | −27.08% | 0.23% | +0.57 | #7016 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −82.74% | 0.03% | 2.53 | 0.0001% | +80.71% | 0.32% | −2.19 | #8858 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −41.18% | 0.01% | 1.37 | 0.0000% | −45.85% | 0.14% | −1.17 | #9286 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +145.00% | 0.03% | < ₹1 Crore | 0.0000% | −28.47% | 0.10% | −0.49 | #8809 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −10.20% | 0.02% | 5.67 | 0.0001% | +478.57% | 0.52% | −5.23 | #8914 |

- CAGR (7-year): exports -15.40%/yr, imports 11.07%/yr (consistently Deficit)

## Key trade insights: HSN Code 40103110 export-import analysis

### Export decline: -15.40% CAGR over 7 years

India's exports under HSN Code 40103110 have declined at a compound annual rate of -15.40% over 7 fiscal years, falling from ₹1.20 Crore in FY 2018-19 to ₹0.44 Crore in FY 2024-25.

### HSN Code 40103110 ranked #8914 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40103110 ranks #8914 out of 12657 HSN codes by total export value. Within Sub-Chapter 4010, it ranks #19 of 26. By trade surplus, it ranks #8639 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 40103110 exports

The strongest single-year export movement for HSN Code 40103110 was recorded in FY 2023-24, when exports surged by 145.00% over the prior year.

### India records a trade deficit of ₹5.23 Crore in HSN Code 40103110 goods

In FY 2024-25, India's imports of ₹5.67 Cr exceeded exports of ₹0.44 Cr, resulting in a trade deficit of ₹5.23 Crore — ranking #8639 of 12657 by surplus magnitude.

### Import growth of 11.07% CAGR signals rising demand for V-Belts (>180-240cm, <25% Rubber)

India's imports under HSN Code 40103110 have grown at 11.07% CAGR, reaching ₹5.67 Crore in FY 2024-25.

### HSN Code 40103110 contributes 0.02% of Sub-Chapter 4010 exports — ranked #19

Among the 26 HSN codes under Sub-Chapter 4010, HSN Code 40103110 ranks #19 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.52% share (rank #14).

## Related HSN Codes in Sub-Chapter 4010

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 40101290: Conveyor Belts – Textile Reinforced (Other)](https://busy.in/hsn/hsn-40101290/) | ₹765 Cr |
| #2 | [HSN Code 40103999: Transmission belts or belting: Other](https://busy.in/hsn/hsn-40103999/) | ₹734 Cr |
| #3 | [HSN Code 40103390: V-Belts (>60-180cm)](https://busy.in/hsn/hsn-40103390/) | ₹94 Cr |
| #4 | [HSN Code 40101190: Metal reinforced conveyor belts](https://busy.in/hsn/hsn-40101190/) | ₹77 Cr |
| #5 | [HSN Code 40103290: Other V-Belts](https://busy.in/hsn/hsn-40103290/) | ₹53 Cr |
| #6 | [HSN Code 40103190: V-Belts (>180-240cm)](https://busy.in/hsn/hsn-40103190/) | ₹22 Cr |
| #7 | [HSN Code 40103590: Endless synchronous belts (>60-150cm): SynchroBelt L](https://busy.in/hsn/hsn-40103590/) | ₹21 Cr |
| #8 | [HSN Code 40103919: Other Vulcanized Rubber Hose Assemblies](https://busy.in/hsn/hsn-40103919/) | ₹20 Cr |
| #9 | [HSN Code 40103490: Non-Ribbed V-Belts (>180-240cm)](https://busy.in/hsn/hsn-40103490/) | ₹9 Cr |
| #10 | [HSN Code 40101990: Other Conveyor Belts](https://busy.in/hsn/hsn-40101990/) | ₹5 Cr |
| #19 | HSN Code 40103110: V-Belts (>180-240cm, <25% Rubber) (this hsn code) | < ₹1 Crore |