---
title: "HSN Code for Endless synchronous belts (>150-198cm): SynchroBelt XL | HSN 40103690 GST Rate"
description: "Find HSN and GST Rates for 40103690 related to Endless synchronous belts (>150-198cm): SynchroBelt XL with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40103690/"
---

# HSN Code 40103690: Endless synchronous belts (>150-198cm): SynchroBelt XL

- [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 synchronous belts of an outside circumference exceeding 150 cm but not exceeding 198 cm : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 40103690 ?

It includes Endless synchronous belts (>150-198cm): SynchroBelt XL

### Do e‑way bill and e‑invoice apply for Endless synchronous belts (>150-198cm): SynchroBelt XL?

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.

### Can we claim ITC on inputs used to trade Endless synchronous belts (>150-198cm): SynchroBelt XL?

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

### How much GST applies to Endless synchronous belts (>150-198cm): SynchroBelt XL?

Under HSN 40103690, Endless synchronous belts (>150-198cm): SynchroBelt XL attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Endless synchronous belts (>150-198cm): SynchroBelt XL?

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 should mixed supplies be billed when Endless synchronous belts (>150-198cm): SynchroBelt XL is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Endless synchronous belts (>150-198cm): SynchroBelt XL; Nil for exempt items if applicable).

### Any common misclassification issue with Endless synchronous belts (>150-198cm): SynchroBelt XL?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

## India's trade performance: HSN Code 40103690 (FY 2024-25)

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

- Exports: < ₹1 Crore (−52.94% YoY) — 0.0000% of India's total exports
- Imports: ₹12 Cr (+31.26% YoY) — 0.0002% of India's total imports
- Trade balance: −₹12 Cr (Deficit); surplus rank #9188 of 12657 HSN codes
- Share of Sub-Chapter 4010: 0.01% of its exports; import side 1.10%
- Rank within Sub-Chapter 4010: #21 of 26 by export value; import-side #12

### Key metrics

- Export CAGR: -7.17% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #9538 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +191.67% in FY 2020-21
- Contribution to Sub-Ch. 4010: 0.01% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40103690

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 Crore | 0.0000% | — | 0.02% | 4.90 | 0.0001% | — | 0.72% | −4.65 | #8668 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −4.00% | 0.02% | 4.70 | 0.0001% | −4.08% | 0.73% | −4.46 | #8720 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | +191.67% | 0.08% | 5.29 | 0.0002% | +12.55% | 0.85% | −4.59 | #7961 |
| FY 2021-22 | < ₹1 Crore | 0.0000% | −81.43% | 0.01% | 8.74 | 0.0002% | +65.22% | 1.11% | −8.61 | #9420 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | +53.85% | 0.01% | 10.68 | 0.0002% | +22.20% | 1.12% | −10.48 | #9286 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +70.00% | 0.02% | 9.18 | 0.0002% | −14.04% | 0.91% | −8.84 | #9097 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −52.94% | 0.01% | 12.05 | 0.0002% | +31.26% | 1.10% | −11.89 | #9538 |

- CAGR (7-year): exports -7.17%/yr, imports 16.18%/yr (consistently Deficit)

## Key trade insights: HSN Code 40103690 export-import analysis

### Export decline: -7.17% CAGR over 7 years

India's exports under HSN Code 40103690 have declined at a compound annual rate of -7.17% over 7 fiscal years, falling from ₹0.25 Crore in FY 2018-19 to ₹0.16 Crore in FY 2024-25.

### HSN Code 40103690 ranked #9538 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40103690 ranks #9538 out of 12657 HSN codes by total export value. Within Sub-Chapter 4010, it ranks #21 of 26. By trade surplus, it ranks #9188 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 40103690 exports

The strongest single-year export movement for HSN Code 40103690 was recorded in FY 2020-21, when exports surged by 191.67% over the prior year.

### India records a trade deficit of ₹11.89 Crore in HSN Code 40103690 goods

In FY 2024-25, India's imports of ₹12.05 Cr exceeded exports of ₹0.16 Cr, resulting in a trade deficit of ₹11.89 Crore — ranking #9188 of 12657 by surplus magnitude.

### Import growth of 16.18% CAGR signals rising demand for Endless synchronous belts (>150-198cm): SynchroBelt XL

India's imports under HSN Code 40103690 have grown at 16.18% CAGR, reaching ₹12.05 Crore in FY 2024-25.

### HSN Code 40103690 contributes 0.01% of Sub-Chapter 4010 exports — ranked #21

Among the 26 HSN codes under Sub-Chapter 4010, HSN Code 40103690 ranks #21 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.10% share (rank #12).

## 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 |
| #21 | HSN Code 40103690: Endless synchronous belts (>150-198cm): SynchroBelt XL (this hsn code) | < ₹1 Crore |