--- title: "HSN Code for Tyres for Construction/Mining/Industrial Vehicles | HSN 40118000 GST Rate" description: "Find HSN and GST Rates for 40118000 related to Tyres for Construction/Mining/Industrial Vehicles with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40118000/" --- # HSN Code 40118000: Tyres for Construction/Mining/Industrial Vehicles - [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 construction, mining or industrial handling vehicles and machines | 14% | 14% | 28% | 0% | ## Frequently asked questions ### What products are classified under HSN 40118000 ? It includes Tyres for Construction/Mining/Industrial Vehicles ### How much GST applies to Tyres for Construction/Mining/Industrial Vehicles? Under HSN 40118000, Tyres for Construction/Mining/Industrial Vehicles attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Tyres for Construction/Mining/Industrial Vehicles? 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. ### Any common misclassification issue with Tyres for Construction/Mining/Industrial Vehicles? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Tyres for Construction/Mining/Industrial Vehicles? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Tyres for Construction/Mining/Industrial Vehicles is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tyres for Construction/Mining/Industrial Vehicles; Nil for exempt items if applicable). ## India's trade performance: HSN Code 40118000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹5,256 Cr (+5.99% YoY) — 0.1428% of India's total exports - Imports: ₹544 Cr (−68.14% YoY) — 0.0090% of India's total imports - Trade balance: ₹4,712 Cr (Surplus); surplus rank #74 of 12657 HSN codes - Share of Sub-Chapter 4011: 20.98% of its exports; import side 35.20% - Rank within Sub-Chapter 4011: #2 of 21 by export value; import-side #1 ### Key metrics - Export CAGR: 11.88% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #92 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +49.51% in FY 2021-22 - Contribution to Sub-Ch. 4011: 20.98% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40118000 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 | 2,680.70 | 0.1173% | — | 20.80% | 495.29 | 0.0138% | — | 16.54% | +2,185.41 | #115 | | FY 2019-20 | 2,618.47 | 0.1190% | −2.32% | 20.39% | 491.38 | 0.0147% | −0.79% | 18.81% | +2,127.09 | #124 | | FY 2020-21 | 2,819.15 | 0.1311% | +7.66% | 19.99% | 577.97 | 0.0198% | +17.62% | 44.86% | +2,241.18 | #117 | | FY 2021-22 | 4,214.98 | 0.1343% | +49.51% | 19.90% | 780.80 | 0.0171% | +35.09% | 42.01% | +3,434.18 | #106 | | FY 2022-23 | 4,975.49 | 0.1374% | +18.04% | 21.52% | 1,330.23 | 0.0231% | +70.37% | 62.43% | +3,645.26 | #94 | | FY 2023-24 | 4,959.07 | 0.1371% | −0.33% | 21.49% | 1,707.21 | 0.0304% | +28.34% | 67.17% | +3,251.86 | #100 | | FY 2024-25 | 5,256.15 | 0.1428% | +5.99% | 20.98% | 543.89 | 0.0090% | −68.14% | 35.20% | +4,712.26 | #92 | - CAGR (7-year): exports 11.88%/yr, imports 1.57%/yr (consistently Surplus) ## Key trade insights: HSN Code 40118000 export-import analysis ### Consistent export growth: 11.88% CAGR over 7 years India's exports under HSN Code 40118000 have grown at a compound annual rate of 11.88% over 7 fiscal years, rising from ₹2,680.70 Crore in FY 2018-19 to ₹5,256.15 Crore in FY 2024-25. ### HSN Code 40118000 ranked #92 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40118000 ranks #92 out of 12657 HSN codes by total export value. Within Sub-Chapter 4011, it ranks #2 of 21. By trade surplus, it ranks #74 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 40118000 exports The strongest single-year export movement for HSN Code 40118000 was recorded in FY 2021-22, when exports surged by 49.51% over the prior year. ### India maintains a trade surplus of ₹4,712.26 Crore in HSN Code 40118000 goods In FY 2024-25, India's exports of ₹5,256.15 Cr exceeded imports of ₹543.89 Cr, resulting in a trade surplus of ₹4,712.26 Crore — ranking #74 of 12657 by surplus magnitude. ### Import growth of 1.57% CAGR signals stable import dependency for Tyres for Construction/Mining/Industrial Vehicles India's imports under HSN Code 40118000 have grown at 1.57% CAGR, reaching ₹543.89 Crore in FY 2024-25. ### HSN Code 40118000 contributes 20.98% of Sub-Chapter 4011 exports — ranked #2 Among the 21 HSN codes under Sub-Chapter 4011, HSN Code 40118000 ranks #2 by export value — accounting for 20.98% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 35.20% share (rank #1). ## 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 (this hsn code) | ₹5,256 Cr | | #3 | [HSN Code 40112010: Of a kind used on buses or lorries](https://busy.in/hsn/hsn-40112010/) | ₹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 |