HSN Code 40121300: Retreaded tyres : Of a kind used on aircraft

HSN Code 40121300 represents Retreaded tyres : Of a kind used on aircraft under GST classification. This code helps businesses identify Retreaded tyres : Of a kind used on aircraft correctly for billing, taxation, and trade. With HSN Code 40121300, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Retreaded tyres : Of a kind used on aircraft.

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Description of Goods for HSN Code 40121300

HSN Code 40121300 relates to the following description.

Description of Goods

Retreaded tyres : Of a kind used on aircraft

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 40121300 not include?

Retreaded tyres : Of a kind used on aircraft 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 40121300 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

₹118 Cr

+101.69% vs FY 2023-24

0.0032% of India’s total exports

India’s Imports

FY 2024-25

₹64 Cr

+28.13% vs FY 2023-24

0.0010% of India’s total imports

Trade Balance

FY 2024-25

₹55 Cr

Trade Surplus

Surplus rank #2081 of 12657 HSN codes

% of Sub-Chapter 4012

FY 2024-25

17.10%

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

Import side: 67.07% of Sub-Chapter 4012’s imports

Rank Within Sub-Chapter 4012

FY 2024-25

#2 of 15

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

Import-side rank: #1 of 15

At a glance

8.66%

Export CAGR

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

#2452

National Export Rank

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

+101.69%

Peak Growth Year

FY 2024-25 · strongest single-year move

17.10%

Contribution to Sub-Ch. 4012

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

India Export-Import Trade Statistics for HSN Code 40121300

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 #2388

Balance

−4.14

Exports

71.85 ₹ Cr

0.0031% share

— YoY

19.59% of Sub-Ch. 4012

Imports

75.99 ₹ Cr

0.0021% share

— YoY

69.84% of Sub-Ch. 4012

FY 2019-20 Exp. Rank #2818

Balance

−7.56

Exports

52.18 ₹ Cr

0.0024% share

−27.38% YoY

14.09% of Sub-Ch. 4012

Imports

59.74 ₹ Cr

0.0018% share

−21.38% YoY

68.04% of Sub-Ch. 4012

FY 2020-21 Exp. Rank #3690

Balance

+2.07

Exports

29.32 ₹ Cr

0.0014% share

−43.81% YoY

8.51% of Sub-Ch. 4012

Imports

27.25 ₹ Cr

0.0009% share

−54.39% YoY

44.14% of Sub-Ch. 4012

FY 2021-22 Exp. Rank #3444

Balance

−1.40

Exports

47.02 ₹ Cr

0.0015% share

+60.37% YoY

9.20% of Sub-Ch. 4012

Imports

48.42 ₹ Cr

0.0011% share

+77.69% YoY

53.13% of Sub-Ch. 4012

FY 2022-23 Exp. Rank #3365

Balance

−4.75

Exports

54.30 ₹ Cr

0.0015% share

+15.48% YoY

9.92% of Sub-Ch. 4012

Imports

59.05 ₹ Cr

0.0010% share

+21.95% YoY

54.61% of Sub-Ch. 4012

FY 2023-24 Exp. Rank #3309

Balance

+8.94

Exports

58.64 ₹ Cr

0.0016% share

+7.99% YoY

9.90% of Sub-Ch. 4012

Imports

49.70 ₹ Cr

0.0009% share

−15.83% YoY

34.20% of Sub-Ch. 4012

FY 2024-25 Exp. Rank #2452

Balance

+54.59

Exports

118.27 ₹ Cr

0.0032% share

+101.69% YoY

17.10% of Sub-Ch. 4012

Imports

63.68 ₹ Cr

0.0010% share

+28.13% YoY

67.07% of Sub-Ch. 4012

CAGR · 7-Year

Exports

8.66% /yr

Imports

−2.90% /yr

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 40121300 Export-Import Analysis

Consistent Export Growth: 8.66% CAGR Over 7 Years

India's exports under HSN Code 40121300 have grown at a compound annual rate of 8.66% over 7 fiscal years, rising from ₹71.85 Crore in FY 2018-19 to ₹118.27 Crore in FY 2024-25.

HSN Code 40121300 Ranked #2452 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40121300 ranks #2452 out of 12657 HSN codes by total export value. Within Sub-Chapter 4012, it ranks #2 of 15. By trade surplus, it ranks #2081 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 40121300 Exports

The strongest single-year export movement for HSN Code 40121300 was recorded in FY 2024-25, when exports surged by 101.69% over the prior year.

India Maintains a Trade Surplus of ₹54.59 Crore in HSN Code 40121300 Goods

In FY 2024-25, India's exports of ₹118.27 Cr exceeded imports of ₹63.68 Cr, resulting in a trade surplus of ₹54.59 Crore — ranking #2081 of 12657 by surplus magnitude.

Import Growth of −2.90% CAGR Signals Stable Import Dependency for Retreaded tyres : Of a kind used on aircraft

India's imports under HSN Code 40121300 have grown at −2.90% CAGR, reaching ₹63.68 Crore in FY 2024-25.

HSN Code 40121300 Contributes 17.10% of Sub-Chapter 4012 Exports — Ranked #2

Among the 15 HSN codes under Sub-Chapter 4012, HSN Code 40121300 ranks #2 by export value — accounting for 17.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 67.07% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40121300 and GST compliance.

What products are classified under HSN 40121300 ?

It includes Retreaded tyres : Of a kind used on aircraft

Any common misclassification issue with Retreaded tyres : Of a kind used on aircraft?

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 Retreaded tyres : Of a kind used on aircraft?

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 Retreaded tyres : Of a kind used on aircraft?

Under HSN 40121300, Retreaded tyres : Of a kind used on aircraft attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Retreaded tyres : Of a kind used on aircraft is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Retreaded tyres : Of a kind used on aircraft; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Retreaded tyres : Of a kind used on aircraft?

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.

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.