HSN Code 40115090: Tyres (Bicycles/Rickshaws)

HSN Code 40115090 represents Tyres (Bicycles/Rickshaws) under GST classification. This code helps businesses identify Tyres (Bicycles/Rickshaws) correctly for billing, taxation, and trade. With HSN Code 40115090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tyres (Bicycles/Rickshaws).

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Description of Goods for HSN Code 40115090

HSN Code 40115090 relates to the following description.

Description of Goods

Of a kind used on bicycles : Other, having a “herring-bone” or similar tread

Chapter

40 - Rubber and articles thereof

Sub Chapter

4011 - New pneumatic tyres, of rubber

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

Description of Goods

Of a kind used on/in bicycles, cycle rickshaws and threewheeled power cycle rickshaws

Chapter

40 - Rubber and articles thereof

Sub Chapter

4011 - New pneumatic tyres, of rubber

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 40115090 not include?

Tyres (Bicycles/Rickshaws) 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 bicycles : Multi-cellular polyurethane (MCP) tubeless tyres

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 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

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

India’s Trade Performance — HSN Code 40115090 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

₹298 Cr

−1.11% vs FY 2023-24

0.0081% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−5.94% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹297 Cr

Trade Surplus

Surplus rank #919 of 12657 HSN codes

% of Sub-Chapter 4011

FY 2024-25

1.19%

Share of Sub-Chapter 4011’s total exports in FY 2024-25

Import side: 0.06% of Sub-Chapter 4011’s imports

Rank Within Sub-Chapter 4011

FY 2024-25

#8 of 21

Position by export value among HSN codes in Sub-Chapter 4011

Import-side rank: #11 of 21

At a glance

3.86%

Export CAGR

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

#1451

National Export Rank

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

+35.15%

Peak Growth Year

FY 2021-22 · strongest single-year move

1.19%

Contribution to Sub-Ch. 4011

Share of Sub-Chapter 4011 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 40115090

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 #1176

Balance

+226.71

Exports

237.07 ₹ Cr

0.0104% share

YoY

1.84% of Sub-Ch. 4011

Imports

10.36 ₹ Cr

0.0003% share

YoY

0.35% of Sub-Ch. 4011

FY 2019-20 Exp. Rank #1043

Balance

+263.88

Exports

279.70 ₹ Cr

0.0127% share

+17.98% YoY

2.18% of Sub-Ch. 4011

Imports

15.82 ₹ Cr

0.0005% share

+52.70% YoY

0.61% of Sub-Ch. 4011

FY 2020-21 Exp. Rank #1000

Balance

+307.46

Exports

310.48 ₹ Cr

0.0144% share

+11.00% YoY

2.20% of Sub-Ch. 4011

Imports

3.02 ₹ Cr

0.0001% share

−80.91% YoY

0.23% of Sub-Ch. 4011

FY 2021-22 Exp. Rank #991

Balance

+410.62

Exports

419.60 ₹ Cr

0.0134% share

+35.15% YoY

1.98% of Sub-Ch. 4011

Imports

8.98 ₹ Cr

0.0002% share

+197.35% YoY

0.48% of Sub-Ch. 4011

FY 2022-23 Exp. Rank #1124

Balance

+378.18

Exports

382.65 ₹ Cr

0.0106% share

−8.81% YoY

1.65% of Sub-Ch. 4011

Imports

4.47 ₹ Cr

0.0001% share

−50.22% YoY

0.21% of Sub-Ch. 4011

FY 2023-24 Exp. Rank #1388

Balance

+299.93

Exports

300.94 ₹ Cr

0.0083% share

−21.35% YoY

1.30% of Sub-Ch. 4011

Imports

1.01 ₹ Cr

0.0000% share

−77.40% YoY

0.04% of Sub-Ch. 4011

FY 2024-25 Exp. Rank #1451

Balance

+296.66

Exports

297.61 ₹ Cr

0.0081% share

−1.11% YoY

1.19% of Sub-Ch. 4011

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−5.94% YoY

0.06% of Sub-Ch. 4011

CAGR · 7-Year

Exports

3.86% /yr

Imports

−32.85% /yr

Consistently Surplus
Sub-Chapter 4011 total

reference, FY 2024-25

Export

₹25,056.83 Cr

Import

₹1,545.24 Cr

Trade Balance

+23,511.59

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

Key Trade Insights: HSN Code 40115090 Export-Import Analysis

Consistent Export Growth: 3.86% CAGR Over 7 Years

India's exports under HSN Code 40115090 have grown at a compound annual rate of 3.86% over 7 fiscal years, rising from ₹237.07 Crore in FY 2018-19 to ₹297.61 Crore in FY 2024-25.

HSN Code 40115090 Ranked #1451 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40115090 ranks #1451 out of 12657 HSN codes by total export value. Within Sub-Chapter 4011, it ranks #8 of 21. By trade surplus, it ranks #919 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40115090 Exports

The strongest single-year export movement for HSN Code 40115090 was recorded in FY 2021-22, when exports surged by 35.15% over the prior year.

India Maintains a Trade Surplus of ₹296.66 Crore in HSN Code 40115090 Goods

In FY 2024-25, India's exports of ₹297.61 Cr exceeded imports of ₹0.95 Cr, resulting in a trade surplus of ₹296.66 Crore — ranking #919 of 12657 by surplus magnitude.

Import Growth of −32.85% CAGR Signals Stable Import Dependency for Tyres (Bicycles/Rickshaws)

India's imports under HSN Code 40115090 have grown at −32.85% CAGR, reaching ₹0.95 Crore in FY 2024-25.

HSN Code 40115090 Contributes 1.19% of Sub-Chapter 4011 Exports — Ranked #8

Among the 21 HSN codes under Sub-Chapter 4011, HSN Code 40115090 ranks #8 by export value — accounting for 1.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40115090 and GST compliance.

What products are classified under HSN 40115090 ?

It includes Tyres (Bicycles/Rickshaws)

Can we claim ITC on inputs used to trade Tyres (Bicycles/Rickshaws)?

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

Does packaging or labelling change the GST for Tyres (Bicycles/Rickshaws)?

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 Tyres (Bicycles/Rickshaws)?

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 should mixed supplies be billed when Tyres (Bicycles/Rickshaws) is sold with other items?

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

How much GST applies to Tyres (Bicycles/Rickshaws)?

Under HSN 40115090, Tyres (Bicycles/Rickshaws) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.