HSN Code 40103911: Composition Leather

HSN Code 40103911 represents Composition Leather under GST classification. This code helps businesses identify Composition Leather correctly for billing, taxation, and trade. With HSN Code 40103911, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Composition Leather.

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Description of Goods for HSN Code 40103911

HSN Code 40103911 relates to the following description.

Description of Goods

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

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 40103911 not include?

Composition Leather 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 40103210

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

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 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

India’s Trade Performance — HSN Code 40103911 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

< ₹1 Crore

+62.22% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

+38.81% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8485 of 12657 HSN codes

% of Sub-Chapter 4010

FY 2024-25

0.04%

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

Import side: 0.42% of Sub-Chapter 4010’s imports

Rank Within Sub-Chapter 4010

FY 2024-25

#17 of 26

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

Import-side rank: #15 of 26

At a glance

9.22%

Export CAGR

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

#8515

National Export Rank

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

+90.63%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.04%

Contribution to Sub-Ch. 4010

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

India Export-Import Trade Statistics for HSN Code 40103911

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 #8296

Balance

−3.66

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.04% of Sub-Ch. 4010

Imports

4.09 ₹ Cr

0.0001% share

— YoY

0.60% of Sub-Ch. 4010

FY 2019-20 Exp. Rank #8256

Balance

−2.51

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+6.98% YoY

0.05% of Sub-Ch. 4010

Imports

2.97 ₹ Cr

0.0001% share

−27.38% YoY

0.46% of Sub-Ch. 4010

FY 2020-21 Exp. Rank #8563

Balance

−2.17

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−30.43% YoY

0.04% of Sub-Ch. 4010

Imports

2.49 ₹ Cr

0.0001% share

−16.16% YoY

0.40% of Sub-Ch. 4010

FY 2021-22 Exp. Rank #8436

Balance

−2.95

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+90.63% YoY

0.05% of Sub-Ch. 4010

Imports

3.56 ₹ Cr

0.0001% share

+42.97% YoY

0.45% of Sub-Ch. 4010

FY 2022-23 Exp. Rank #8644

Balance

−2.05

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−14.75% YoY

0.03% of Sub-Ch. 4010

Imports

2.57 ₹ Cr

0.0000% share

−27.81% YoY

0.27% of Sub-Ch. 4010

FY 2023-24 Exp. Rank #8881

Balance

−2.90

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−13.46% YoY

0.03% of Sub-Ch. 4010

Imports

3.35 ₹ Cr

0.0001% share

+30.35% YoY

0.33% of Sub-Ch. 4010

FY 2024-25 Exp. Rank #8515

Balance

−3.92

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+62.22% YoY

0.04% of Sub-Ch. 4010

Imports

4.65 ₹ Cr

0.0001% share

+38.81% YoY

0.42% of Sub-Ch. 4010

CAGR · 7-Year

Exports

9.22% /yr

Imports

2.16% /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 40103911 Export-Import Analysis

Consistent Export Growth: 9.22% CAGR Over 7 Years

India's exports under HSN Code 40103911 have grown at a compound annual rate of 9.22% over 7 fiscal years, rising from ₹0.43 Crore in FY 2018-19 to ₹0.73 Crore in FY 2024-25.

HSN Code 40103911 Ranked #8515 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40103911 ranks #8515 out of 12657 HSN codes by total export value. Within Sub-Chapter 4010, it ranks #17 of 26. By trade surplus, it ranks #8485 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40103911 Exports

The strongest single-year export movement for HSN Code 40103911 was recorded in FY 2021-22, when exports surged by 90.63% over the prior year.

India Records a Trade Deficit of ₹3.92 Crore in HSN Code 40103911 Goods

In FY 2024-25, India's imports of ₹4.65 Cr exceeded exports of ₹0.73 Cr, resulting in a trade deficit of ₹3.92 Crore — ranking #8485 of 12657 by surplus magnitude.

Import Growth of 2.16% CAGR Signals Stable Import Dependency for Composition Leather

India's imports under HSN Code 40103911 have grown at 2.16% CAGR, reaching ₹4.65 Crore in FY 2024-25.

HSN Code 40103911 Contributes 0.04% of Sub-Chapter 4010 Exports — Ranked #17

Among the 26 HSN codes under Sub-Chapter 4010, HSN Code 40103911 ranks #17 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.42% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40103911 and GST compliance.

What products are classified under HSN 40103911 ?

It includes Composition Leather

Any common misclassification issue with Composition Leather?

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

How should mixed supplies be billed when Composition Leather is sold with other items?

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

Does packaging or labelling change the GST for Composition Leather?

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 Composition Leather?

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 Composition Leather?

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.