HSN Code 40112010: Of a kind used on buses or lorries
HSN Code 40112010 represents Of a kind used on buses or lorries under GST classification. This code helps businesses identify Of a kind used on buses or lorries correctly for billing, taxation, and trade. With HSN Code 40112010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of a kind used on buses or lorries.
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Description of Goods for HSN Code 40112010
HSN Code 40112010 relates to the following description.
What does HSN Code 40112010 not include?
Of a kind used on buses or lorries does not include products with the following descriptions.
Of a kind used on motor cars (including station wagons and racing cars) : Radials
Of a kind used on motor cars (including station wagons and racing cars) : Other
Of a kind used on buses or lorries : Other
Of a kind used on aircraft
Of a kind used on motor cycles : For motor cycles
Of a kind used on motor cycles : For motor scooters
Of a kind used on motor cycles : Other
Of a kind used on bicycles : Multi-cellular polyurethane (MCP) tubeless tyres
Of a kind used on bicycles : Other, having a “herring-bone” or similar tread
Of a kind used on/in bicycles, cycle rickshaws and threewheeled power cycle rickshaws
New pneumatic tyres, of rubber - other, having a herring-bone or similar tread : of a kind used on agricultural or forestry vehicles and machines
New pneumatic tyres, of rubber - other, having a herring-bone or similar tread : of a kind used on construction or industrial handling vehicles and machines and having a rim size not exceeding 61 cm
New pneumatic tyres, of rubber - other, having a herring-bone or similar tread : of a kind used on construction or industrial handling vehicles and machines and having a rim size exceeding 61 cm
New pneumatic tyres, of rubber - other, having a herring-bone or similar tread : other
Of a kind used on agricultural or forestry vehicles and machines (Tyre for tractors)
Of a kind used on agricultural or forestry vehicles and machines
Of a kind used on construction, mining or industrial handling vehicles and machines
Other than of a kind used on/in bicycles, cycle rickshaws and threewheeled power cycle rickshaws; rear tractor tyres and of a kind used on aircraft
Other : Other
New pneumatic tyres, of rubber - other : of a kind used on agricultural or forestry vehicles and machines
New pneumatic tyres, of rubber - other : of a kind used on construction or industrial handling vehicles and machines and having a rim size not exceeding 61 cm
New pneumatic tyres, of rubber - other : of a kind used on construction or industrial handling vehicles and machines and having a rim size exceeding 61 cm
New pneumatic tyres, of rubber - other : other
Of a kind used on motor cars (including station wagons and racing cars) : Radials
Of a kind used on motor cars (including station wagons and racing cars) : Other
Of a kind used on buses or lorries : Other
Of a kind used on aircraft
Of a kind used on motor cycles : For motor cycles
Of a kind used on motor cycles : For motor scooters
Of a kind used on motor cycles : Other
Of a kind used on bicycles : Multi-cellular polyurethane (MCP) tubeless tyres
Of a kind used on bicycles : Other, having a “herring-bone” or similar tread
Of a kind used on/in bicycles, cycle rickshaws and threewheeled power cycle rickshaws
New pneumatic tyres, of rubber - other, having a herring-bone or similar tread : of a kind used on agricultural or forestry vehicles and machines
New pneumatic tyres, of rubber - other, having a herring-bone or similar tread : of a kind used on construction or industrial handling vehicles and machines and having a rim size not exceeding 61 cm
New pneumatic tyres, of rubber - other, having a herring-bone or similar tread : of a kind used on construction or industrial handling vehicles and machines and having a rim size exceeding 61 cm
New pneumatic tyres, of rubber - other, having a herring-bone or similar tread : other
Of a kind used on agricultural or forestry vehicles and machines (Tyre for tractors)
Of a kind used on agricultural or forestry vehicles and machines
Of a kind used on construction, mining or industrial handling vehicles and machines
Other than of a kind used on/in bicycles, cycle rickshaws and threewheeled power cycle rickshaws; rear tractor tyres and of a kind used on aircraft
Other : Other
New pneumatic tyres, of rubber - other : of a kind used on agricultural or forestry vehicles and machines
New pneumatic tyres, of rubber - other : of a kind used on construction or industrial handling vehicles and machines and having a rim size not exceeding 61 cm
New pneumatic tyres, of rubber - other : of a kind used on construction or industrial handling vehicles and machines and having a rim size exceeding 61 cm
New pneumatic tyres, of rubber - other : other
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India’s Trade Performance — HSN Code 40112010 in FY 2024-25
India’s Exports
FY 2024-25₹4,380 Cr
0.1190% of India’s total exports
India’s Imports
FY 2024-25₹110 Cr
0.0018% of India’s total imports
Trade Balance
FY 2024-25₹4,269 Cr
Surplus rank #83 of 12657 HSN codes
% of Sub-Chapter 4011
FY 2024-2517.48%
Share of Sub-Chapter 4011’s total exports in FY 2024-25
Import side: 7.15% of Sub-Chapter 4011’s imports
Rank Within Sub-Chapter 4011
FY 2024-25#3 of 21
Position by export value among HSN codes in Sub-Chapter 4011
Import-side rank: #4 of 21
At a glance
21.07%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#111
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+77.96%
Peak Growth Year
FY 2021-22 · strongest single-year move
17.48%
Contribution to Sub-Ch. 4011
Share of Sub-Chapter 4011 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
+771.14
Exports
1,391.03 ₹ Cr
0.0609% share
— YoY
10.79% of Sub-Ch. 4011
Imports
619.89 ₹ Cr
0.0173% share
— YoY
20.70% of Sub-Ch. 4011
Balance
+1,438.78
Exports
1,866.49 ₹ Cr
0.0848% share
+34.18% YoY
14.53% of Sub-Ch. 4011
Imports
427.71 ₹ Cr
0.0128% share
−31.00% YoY
16.37% of Sub-Ch. 4011
Balance
+1,863.08
Exports
2,014.36 ₹ Cr
0.0937% share
+7.92% YoY
14.29% of Sub-Ch. 4011
Imports
151.28 ₹ Cr
0.0052% share
−64.63% YoY
11.74% of Sub-Ch. 4011
Balance
+3,458.71
Exports
3,584.85 ₹ Cr
0.1142% share
+77.96% YoY
16.93% of Sub-Ch. 4011
Imports
126.14 ₹ Cr
0.0028% share
−16.62% YoY
6.79% of Sub-Ch. 4011
Balance
+3,974.00
Exports
4,049.66 ₹ Cr
0.1118% share
+12.97% YoY
17.51% of Sub-Ch. 4011
Imports
75.66 ₹ Cr
0.0013% share
−40.02% YoY
3.55% of Sub-Ch. 4011
Balance
+3,953.71
Exports
3,966.55 ₹ Cr
0.1096% share
−2.05% YoY
17.19% of Sub-Ch. 4011
Imports
12.84 ₹ Cr
0.0002% share
−83.03% YoY
0.51% of Sub-Ch. 4011
Balance
+4,269.49
Exports
4,379.94 ₹ Cr
0.1190% share
+10.42% YoY
17.48% of Sub-Ch. 4011
Imports
110.45 ₹ Cr
0.0018% share
+760.20% YoY
7.15% of Sub-Ch. 4011
CAGR · 7-Year
Exports
21.07% /yr
Imports
−24.99% /yr
reference, FY 2024-25
Export
₹25,056.83 Cr
Import
₹1,545.24 Cr
Trade Balance
+23,511.59
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).
Frequently Asked Questions
Clear answers to common queries about HSN Code 40112010 and GST compliance.
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).