---
title: "HSN Code for Of a kind used on buses or lorries | HSN 40112010 GST Rate"
description: "Find HSN and GST Rates for 40112010 related to Of a kind used on buses or lorries with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40112010/"
---

# HSN Code 40112010: Of a kind used on buses or lorries

- [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 4011: Pneumatic rubber tyres](https://busy.in/hsn/sub-chapter-4011/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Of a kind used on buses or lorries : Radials | 14% | 14% | 28% | 0% |

## Frequently asked questions

### What products are classified under HSN 40112010 ?

It includes Of a kind used on buses or lorries

### Do e‑way bill and e‑invoice apply for Of a kind used on buses or lorries?

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 Of a kind used on buses or lorries?

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 Of a kind used on buses or lorries?

Under HSN 40112010, Of a kind used on buses or lorries attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Of a kind used on buses or lorries?

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

### Does packaging or labelling change the GST for Of a kind used on buses or lorries?

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 Of a kind used on buses or lorries is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of a kind used on buses or lorries; Nil for exempt items if applicable).

## India's trade performance: HSN Code 40112010 (FY 2024-25)

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

- Exports: ₹4,380 Cr (+10.42% YoY) — 0.1190% of India's total exports
- Imports: ₹110 Cr (+760.20% YoY) — 0.0018% of India's total imports
- Trade balance: ₹4,269 Cr (Surplus); surplus rank #83 of 12657 HSN codes
- Share of Sub-Chapter 4011: 17.48% of its exports; import side 7.15%
- Rank within Sub-Chapter 4011: #3 of 21 by export value; import-side #4

### Key metrics

- Export CAGR: 21.07% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #111 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +77.96% in FY 2021-22
- Contribution to Sub-Ch. 4011: 17.48% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40112010

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. 4011 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4011 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1,391.03 | 0.0609% | — | 10.79% | 619.89 | 0.0173% | — | 20.70% | +771.14 | #236 |
| FY 2019-20 | 1,866.49 | 0.0848% | +34.18% | 14.53% | 427.71 | 0.0128% | −31.00% | 16.37% | +1,438.78 | #172 |
| FY 2020-21 | 2,014.36 | 0.0937% | +7.92% | 14.29% | 151.28 | 0.0052% | −64.63% | 11.74% | +1,863.08 | #165 |
| FY 2021-22 | 3,584.85 | 0.1142% | +77.96% | 16.93% | 126.14 | 0.0028% | −16.62% | 6.79% | +3,458.71 | #120 |
| FY 2022-23 | 4,049.66 | 0.1118% | +12.97% | 17.51% | 75.66 | 0.0013% | −40.02% | 3.55% | +3,974.00 | #115 |
| FY 2023-24 | 3,966.55 | 0.1096% | −2.05% | 17.19% | 12.84 | 0.0002% | −83.03% | 0.51% | +3,953.71 | #122 |
| FY 2024-25 | 4,379.94 | 0.1190% | +10.42% | 17.48% | 110.45 | 0.0018% | +760.20% | 7.15% | +4,269.49 | #111 |

- CAGR (7-year): exports 21.07%/yr, imports -24.99%/yr (consistently Surplus)

## Key trade insights: HSN Code 40112010 export-import analysis

### Consistent export growth: 21.07% CAGR over 7 years

India's exports under HSN Code 40112010 have grown at a compound annual rate of 21.07% over 7 fiscal years, rising from ₹1,391.03 Crore in FY 2018-19 to ₹4,379.94 Crore in FY 2024-25.

### HSN Code 40112010 ranked #111 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40112010 ranks #111 out of 12657 HSN codes by total export value. Within Sub-Chapter 4011, it ranks #3 of 21. By trade surplus, it ranks #83 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 40112010 exports

The strongest single-year export movement for HSN Code 40112010 was recorded in FY 2021-22, when exports surged by 77.96% over the prior year.

### India maintains a trade surplus of ₹4,269.49 Crore in HSN Code 40112010 goods

In FY 2024-25, India's exports of ₹4,379.94 Cr exceeded imports of ₹110.45 Cr, resulting in a trade surplus of ₹4,269.49 Crore — ranking #83 of 12657 by surplus magnitude.

### Import growth of -24.99% CAGR signals stable import dependency for Of a kind used on buses or lorries

India's imports under HSN Code 40112010 have grown at -24.99% CAGR, reaching ₹110.45 Crore in FY 2024-25.

### HSN Code 40112010 contributes 17.48% of Sub-Chapter 4011 exports — ranked #3

Among the 21 HSN codes under Sub-Chapter 4011, HSN Code 40112010 ranks #3 by export value — accounting for 17.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 7.15% share (rank #4).

## Related HSN Codes in Sub-Chapter 4011

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 40117000: Agricultural tires](https://busy.in/hsn/hsn-40117000/) | ₹9,834 Cr |
| #2 | [HSN Code 40118000: Tyres for Construction/Mining/Industrial Vehicles](https://busy.in/hsn/hsn-40118000/) | ₹5,256 Cr |
| #3 | HSN Code 40112010: Of a kind used on buses or lorries (this hsn code) | ₹4,380 Cr |
| #4 | [HSN Code 40111010: Radial Tyres (Motor Cars)](https://busy.in/hsn/hsn-40111010/) | ₹1,894 Cr |
| #5 | [HSN Code 40112090: Bus/lorry parts: Other](https://busy.in/hsn/hsn-40112090/) | ₹1,797 Cr |
| #6 | [HSN Code 40114010: Of a kind used on motor cycles: For motor cycles](https://busy.in/hsn/hsn-40114010/) | ₹754 Cr |
| #7 | [HSN Code 40111090: Motor Car Rubber Tyres & Tubes: Other Types](https://busy.in/hsn/hsn-40111090/) | ₹305 Cr |
| #8 | [HSN Code 40115090: Tyres (Bicycles/Rickshaws)](https://busy.in/hsn/hsn-40115090/) | ₹298 Cr |
| #9 | [HSN Code 40119000: Other Pneumatic Tyres: Excluding Bicycle, Rickshaw & Aircraft](https://busy.in/hsn/hsn-40119000/) | ₹219 Cr |
| #10 | [HSN Code 40114090: Of A Kind Used On Motor Cycles \| Other](https://busy.in/hsn/hsn-40114090/) | ₹170 Cr |