---
title: "HSN Code for V-Belts (>180-240cm) | HSN 40103190 GST Rate"
description: "Find HSN and GST Rates for 40103190 related to V-Belts (>180-240cm) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40103190/"
---

# HSN Code 40103190: V-Belts (>180-240cm)

- [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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 40103190 ?

It includes V-Belts (>180-240cm)

### Any common misclassification issue with V-Belts (>180-240cm)?

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 V-Belts (>180-240cm)?

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) 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); Nil for exempt items if applicable).

### How much GST applies to V-Belts (>180-240cm)?

Under HSN 40103190, V-Belts (>180-240cm) 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)?

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.

### Can we claim ITC on inputs used to trade V-Belts (>180-240cm)?

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 40103190 (FY 2024-25)

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

- Exports: ₹22 Cr (+24.57% YoY) — 0.0006% of India's total exports
- Imports: ₹82 Cr (−1.30% YoY) — 0.0014% of India's total imports
- Trade balance: −₹61 Cr (Deficit); surplus rank #10387 of 12657 HSN codes
- Share of Sub-Chapter 4010: 1.20% of its exports; import side 7.50%
- Rank within Sub-Chapter 4010: #6 of 26 by export value; import-side #4

### Key metrics

- Export CAGR: 21.46% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4762 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +133.97% in FY 2020-21
- Contribution to Sub-Ch. 4010: 1.20% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40103190

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 | 6.79 | 0.0003% | — | 0.67% | 46.30 | 0.0013% | — | 6.81% | −39.51 | #5466 |
| FY 2019-20 | 5.80 | 0.0003% | −14.58% | 0.58% | 45.55 | 0.0014% | −1.62% | 7.11% | −39.75 | #5675 |
| FY 2020-21 | 13.57 | 0.0006% | +133.97% | 1.50% | 40.43 | 0.0014% | −11.24% | 6.53% | −26.86 | #4707 |
| FY 2021-22 | 16.49 | 0.0005% | +21.52% | 1.28% | 43.97 | 0.0010% | +8.76% | 5.58% | −27.48 | #4842 |
| FY 2022-23 | 17.21 | 0.0005% | +4.37% | 1.05% | 70.43 | 0.0012% | +60.18% | 7.41% | −53.22 | #4862 |
| FY 2023-24 | 17.50 | 0.0005% | +1.69% | 1.04% | 83.38 | 0.0015% | +18.39% | 8.23% | −65.88 | #4948 |
| FY 2024-25 | 21.80 | 0.0006% | +24.57% | 1.20% | 82.30 | 0.0014% | −1.30% | 7.50% | −60.50 | #4762 |

- CAGR (7-year): exports 21.46%/yr, imports 10.06%/yr (consistently Deficit)

## Key trade insights: HSN Code 40103190 export-import analysis

### Consistent export growth: 21.46% CAGR over 7 years

India's exports under HSN Code 40103190 have grown at a compound annual rate of 21.46% over 7 fiscal years, rising from ₹6.79 Crore in FY 2018-19 to ₹21.80 Crore in FY 2024-25.

### HSN Code 40103190 ranked #4762 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40103190 ranks #4762 out of 12657 HSN codes by total export value. Within Sub-Chapter 4010, it ranks #6 of 26. By trade surplus, it ranks #10387 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 40103190 exports

The strongest single-year export movement for HSN Code 40103190 was recorded in FY 2020-21, when exports surged by 133.97% over the prior year.

### India records a trade deficit of ₹60.50 Crore in HSN Code 40103190 goods

In FY 2024-25, India's imports of ₹82.30 Cr exceeded exports of ₹21.80 Cr, resulting in a trade deficit of ₹60.50 Crore — ranking #10387 of 12657 by surplus magnitude.

### Import growth of 10.06% CAGR signals rising demand for V-Belts (>180-240cm)

India's imports under HSN Code 40103190 have grown at 10.06% CAGR, reaching ₹82.30 Crore in FY 2024-25.

### HSN Code 40103190 contributes 1.20% of Sub-Chapter 4010 exports — ranked #6

Among the 26 HSN codes under Sub-Chapter 4010, HSN Code 40103190 ranks #6 by export value — accounting for 1.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.50% share (rank #4).

## 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) (this hsn code) | ₹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 |