HSN Code 40118000: Tyres for Construction/Mining/Industrial Vehicles
HSN Code 40118000 represents Tyres for Construction/Mining/Industrial Vehicles under GST classification. This code helps businesses identify Tyres for Construction/Mining/Industrial Vehicles correctly for billing, taxation, and trade. With HSN Code 40118000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tyres for Construction/Mining/Industrial Vehicles.
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Description of Goods for HSN Code 40118000
HSN Code 40118000 relates to the following description.
What does HSN Code 40118000 not include?
Tyres for Construction/Mining/Industrial Vehicles 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 : Radials
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
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 : Radials
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
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
India’s Trade Performance — HSN Code 40118000 in FY 2024-25
India’s Exports
FY 2024-25₹5,256 Cr
0.1428% of India’s total exports
India’s Imports
FY 2024-25₹544 Cr
0.0090% of India’s total imports
Trade Balance
FY 2024-25₹4,712 Cr
Surplus rank #74 of 12657 HSN codes
% of Sub-Chapter 4011
FY 2024-2520.98%
Share of Sub-Chapter 4011’s total exports in FY 2024-25
Import side: 35.20% of Sub-Chapter 4011’s imports
Rank Within Sub-Chapter 4011
FY 2024-25#2 of 21
Position by export value among HSN codes in Sub-Chapter 4011
Import-side rank: #1 of 21
At a glance
11.88%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#92
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+49.51%
Peak Growth Year
FY 2021-22 · strongest single-year move
20.98%
Contribution to Sub-Ch. 4011
Share of Sub-Chapter 4011 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
+2,185.41
Exports
2,680.70 ₹ Cr
0.1173% share
— YoY
20.80% of Sub-Ch. 4011
Imports
495.29 ₹ Cr
0.0138% share
— YoY
16.54% of Sub-Ch. 4011
Balance
+2,127.09
Exports
2,618.47 ₹ Cr
0.1190% share
−2.32% YoY
20.39% of Sub-Ch. 4011
Imports
491.38 ₹ Cr
0.0147% share
−0.79% YoY
18.81% of Sub-Ch. 4011
Balance
+2,241.18
Exports
2,819.15 ₹ Cr
0.1311% share
+7.66% YoY
19.99% of Sub-Ch. 4011
Imports
577.97 ₹ Cr
0.0198% share
+17.62% YoY
44.86% of Sub-Ch. 4011
Balance
+3,434.18
Exports
4,214.98 ₹ Cr
0.1343% share
+49.51% YoY
19.90% of Sub-Ch. 4011
Imports
780.80 ₹ Cr
0.0171% share
+35.09% YoY
42.01% of Sub-Ch. 4011
Balance
+3,645.26
Exports
4,975.49 ₹ Cr
0.1374% share
+18.04% YoY
21.52% of Sub-Ch. 4011
Imports
1,330.23 ₹ Cr
0.0231% share
+70.37% YoY
62.43% of Sub-Ch. 4011
Balance
+3,251.86
Exports
4,959.07 ₹ Cr
0.1371% share
−0.33% YoY
21.49% of Sub-Ch. 4011
Imports
1,707.21 ₹ Cr
0.0304% share
+28.34% YoY
67.17% of Sub-Ch. 4011
Balance
+4,712.26
Exports
5,256.15 ₹ Cr
0.1428% share
+5.99% YoY
20.98% of Sub-Ch. 4011
Imports
543.89 ₹ Cr
0.0090% share
−68.14% YoY
35.20% of Sub-Ch. 4011
CAGR · 7-Year
Exports
11.88% /yr
Imports
1.57% /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 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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 40118000 and GST compliance.
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).