HSN Code 40121200: Retreaded tyres

HSN Code 40121200 represents Retreaded tyres under GST classification. This code helps businesses identify Retreaded tyres correctly for billing, taxation, and trade. With HSN Code 40121200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Retreaded tyres.

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Description of Goods for HSN Code 40121200

HSN Code 40121200 relates to the following description.

Description of Goods

Retreaded tyres :Of a kind used on buses or lorries

Chapter

40 - Rubber and articles thereof

Sub Chapter

4012 - Retreaded or used pneumatic tyres of rubber, solid or cushion tyres, tyre treads and tyre flaps, of rubber

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 40121200 not include?

Retreaded tyres does not include products with the following descriptions.

HSN Code 40121100

Retreaded tyres : Of a kind used on motor cars (including station wagons and racing cars)

HSN Code 40122010

Used pneumatic tyres : For buses, lorries and earth moving equipments including light commercial vehicles

HSN Code 40122020

Used pneumatic tyres : For passenger automobile vehicles, including two wheelers, three wheelers and personal type vehicles

HSN Code 40129041

Other : Tyre flaps : Of a kind used in two-wheeled and three- wheeled motor vehicles

India’s Trade Performance — HSN Code 40121200 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

< ₹1 Crore

+17.24% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #4690 of 12657 HSN codes

% of Sub-Chapter 4012

FY 2024-25

0.10%

Share of Sub-Chapter 4012’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 4012’s imports

Rank Within Sub-Chapter 4012

FY 2024-25

#7 of 15

Position by export value among HSN codes in Sub-Chapter 4012

At a glance

22.63%

Export CAGR

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

#8581

National Export Rank

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

+2,100.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.10%

Contribution to Sub-Ch. 4012

Share of Sub-Chapter 4012 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 40121200

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 #8812

Balance

−2.63

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.05% of Sub-Ch. 4012

Imports

2.83 ₹ Cr

0.0001% share

— YoY

2.60% of Sub-Ch. 4012

FY 2019-20 Exp. Rank #8846

Balance

+0.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.05% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4012

FY 2020-21 Exp. Rank #9985

Balance

+0.01

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−95.00% YoY

0.00% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4012

FY 2021-22 Exp. Rank #9149

Balance

+0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+2,100.00% YoY

0.04% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.13% of Sub-Ch. 4012

FY 2022-23 Exp. Rank #8606

Balance

+0.55

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+150.00% YoY

0.10% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4012

FY 2023-24 Exp. Rank #8681

Balance

+0.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+5.45% YoY

0.10% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4012

FY 2024-25 Exp. Rank #8581

Balance

+0.68

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+17.24% YoY

0.10% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4012

CAGR · 7-Year

Exports

22.63% /yr

Imports

—

Consistently Surplus
Sub-Chapter 4012 total

reference, FY 2024-25

Export

₹691.51 Cr

Import

₹94.95 Cr

Trade Balance

+596.56

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

Key Trade Insights: HSN Code 40121200 Export-Import Analysis

Consistent Export Growth: 22.63% CAGR Over 7 Years

India's exports under HSN Code 40121200 have grown at a compound annual rate of 22.63% over 7 fiscal years, rising from ₹0.20 Crore in FY 2018-19 to ₹0.68 Crore in FY 2024-25.

HSN Code 40121200 Ranked #8581 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40121200 ranks #8581 out of 12657 HSN codes by total export value. Within Sub-Chapter 4012, it ranks #7 of 15. By trade surplus, it ranks #4690 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40121200 Exports

The strongest single-year export movement for HSN Code 40121200 was recorded in FY 2021-22, when exports surged by 2,100.00% over the prior year.

India Maintains a Trade Surplus of ₹0.68 Crore in HSN Code 40121200 Goods

In FY 2024-25, India's exports of ₹0.68 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.68 Crore — ranking #4690 of 12657 by surplus magnitude.

HSN Code 40121200 Contributes 0.10% of Sub-Chapter 4012 Exports — Ranked #7

Among the 15 HSN codes under Sub-Chapter 4012, HSN Code 40121200 ranks #7 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40121200 and GST compliance.

What products are classified under HSN 40121200 ?

It includes Retreaded tyres

How much GST applies to Retreaded tyres?

Under HSN 40121200, Retreaded tyres attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Retreaded tyres?

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.

Any common misclassification issue with Retreaded tyres?

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 Retreaded tyres?

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.

Can we claim ITC on inputs used to trade Retreaded tyres?

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

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.