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HSN Code 40103210: Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound

HSN Code 40103210 represents Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound under GST classification. This code helps businesses identify Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound correctly for billing, taxation, and trade. With HSN Code 40103210, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound.

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Description of Goods for HSN Code 40103210

HSN Code 40103210 relates to the following description.

Description of Goods

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

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 40103210 not include?

Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound does not include products with the following descriptions.

HSN Code 40101110

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

HSN Code 40101210

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

HSN Code 40101310

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

HSN Code 40101390

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

HSN Code 40101910

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

HSN Code 40103110

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

HSN Code 40103190

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

HSN Code 40103290

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

HSN Code 40103310

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

HSN Code 40103390

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

HSN Code 40103410

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

HSN Code 40103490

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

HSN Code 40103510

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

HSN Code 40103590

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

HSN Code 40103610

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

HSN Code 40103690

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

HSN Code 40103911

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

HSN Code 40103912

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

HSN Code 40103919

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

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India’s Trade Performance — HSN Code 40103210 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

₹45 Cr

+1,958.90% vs FY 2024-25

0.0012% of India’s total exports

India’s Imports

FY 2025-26

< ₹1 Crore

−18.31% vs FY 2024-25

0.0000% of India’s total imports

Trade Balance

FY 2025-26

₹45 Cr

Trade Surplus

Surplus rank #2326 of 12872 HSN codes

% of Sub-Chapter 4010

FY 2025-26

2.54%

Share of Sub-Chapter 4010’s total exports in FY 2025-26

Import side: 0.04% of Sub-Chapter 4010’s imports

Rank Within Sub-Chapter 4010

FY 2025-26

#5 of 26

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

Import-side rank: #18 of 26

At a glance

125.94%

Export CAGR

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

#3939

National Export Rank

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

+1,958.90%

Peak Growth Year

FY 2025-26 · strongest single-year move

2.54%

Contribution to Sub-Ch. 4010

Share of Sub-Chapter 4010 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 40103210

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 #8982

Balance

+0.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 4010

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 4010

FY 2019-20 Exp. Rank #8506

Balance

−0.11

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+120.00% YoY

0.03% of Sub-Ch. 4010

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+528.57% YoY

0.07% of Sub-Ch. 4010

FY 2020-21 Exp. Rank #8465

Balance

+0.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+9.09% YoY

0.04% of Sub-Ch. 4010

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−31.82% YoY

0.05% of Sub-Ch. 4010

FY 2021-22 Exp. Rank #8897

Balance

−0.16

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−11.11% YoY

0.02% of Sub-Ch. 4010

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+60.00% YoY

0.06% of Sub-Ch. 4010

FY 2022-23 Exp. Rank #8426

Balance

+0.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+112.50% YoY

0.04% of Sub-Ch. 4010

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+6.25% YoY

0.05% of Sub-Ch. 4010

FY 2023-24 Exp. Rank #7593

Balance

+1.31

Exports

1.97 ₹ Cr

0.0001% share

+189.71% YoY

0.12% of Sub-Ch. 4010

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+29.41% YoY

0.07% of Sub-Ch. 4010

FY 2024-25 Exp. Rank #7513

Balance

+1.48

Exports

2.19 ₹ Cr

0.0001% share

+11.17% YoY

0.12% of Sub-Ch. 4010

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+7.58% YoY

0.06% of Sub-Ch. 4010

FY 2025-26 Exp. Rank #3939

Balance

+44.51

Exports

45.09 ₹ Cr

0.0012% share

+1,958.90% YoY

2.54% of Sub-Ch. 4010

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−18.31% YoY

0.04% of Sub-Ch. 4010

CAGR · 8-Year

Exports

125.94% /yr

Imports

35.27% /yr

Consistently Surplus
Sub-Chapter 4010 total

reference, FY 2025-26

Export

₹1,772.65 Cr

Import

₹1,460.64 Cr

Trade Balance

+312.01

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

Key Trade Insights: HSN Code 40103210 Export-Import Analysis

Consistent Export Growth: 125.94% CAGR Over 8 Years

India's exports under HSN Code 40103210 have grown at a compound annual rate of 125.94% over 8 fiscal years, rising from ₹0.15 Crore in FY 2018-19 to ₹45.09 Crore in FY 2025-26.

HSN Code 40103210 Ranked #3939 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 40103210 ranks #3939 out of 12872 HSN codes by total export value. Within Sub-Chapter 4010, it ranks #5 of 26. By trade surplus, it ranks #2326 of 12872.

FY 2025-26 Was the Strongest Growth Year for HSN Code 40103210 Exports

The strongest single-year export movement for HSN Code 40103210 was recorded in FY 2025-26, when exports surged by 1,958.90% over the prior year.

India Maintains a Trade Surplus of ₹44.51 Crore in HSN Code 40103210 Goods

In FY 2025-26, India's exports of ₹45.09 Cr exceeded imports of ₹0.58 Cr, resulting in a trade surplus of ₹44.51 Crore — ranking #2326 of 12872 by surplus magnitude.

Import Growth of 35.27% CAGR Signals Rising Demand for Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound

India's imports under HSN Code 40103210 have grown at 35.27% CAGR, reaching ₹0.58 Crore in FY 2025-26.

HSN Code 40103210 Contributes 2.54% of Sub-Chapter 4010 Exports — Ranked #5

Among the 26 HSN codes under Sub-Chapter 4010, HSN Code 40103210 ranks #5 by export value — accounting for 2.54% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.04% share (rank #18).

Frequently Asked Questions

Clear answers to common queries about HSN Code 40103210 and GST compliance.

What products are classified under HSN 40103210 ?

It includes Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound

Do e‑way bill and e‑invoice apply for Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound?

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 much GST applies to Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound?

Under HSN 40103210, Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound?

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.

Any common misclassification issue with Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound?

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 Non-Ribbed V-Belts, Circumference Over 60 to 180 cm, Under 25% Rubber Compound?

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

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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.