--- title: "HSN Code for Vulcanized Rubber Conveyor Belts | HSN 40122010 GST Rate" description: "Find HSN and GST Rates for 40122010 related to Vulcanized Rubber Conveyor Belts with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40122010/" --- # HSN Code 40122010: Vulcanized Rubber Conveyor Belts - [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 4012: Used pneumatic tyres](https://busy.in/hsn/sub-chapter-4012/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Used pneumatic tyres : For buses, lorries and earth moving equipments including light commercial vehicles | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 40122010 ? It includes Vulcanized Rubber Conveyor Belts ### Any common misclassification issue with Vulcanized Rubber Conveyor Belts? 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 Vulcanized Rubber Conveyor Belts? 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 Vulcanized Rubber Conveyor Belts? 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. ### How much GST applies to Vulcanized Rubber Conveyor Belts? Under HSN 40122010, Vulcanized Rubber Conveyor Belts attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Vulcanized Rubber Conveyor Belts is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vulcanized Rubber Conveyor Belts; Nil for exempt items if applicable). ## India's trade performance: HSN Code 40122010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+1,025.00% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (−80.00% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4847 of 12657 HSN codes - Share of Sub-Chapter 4012: 0.07% of its exports; import side 0.01% - Rank within Sub-Chapter 4012: #9 of 15 by export value; import-side #10 ### Key metrics - Export CAGR: 36.36% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8898 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +1,025.00% in FY 2024-25 - Contribution to Sub-Ch. 4012: 0.07% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40122010 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. 4012 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4012 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 0.02% | < ₹1 Crore | 0.0000% | — | 0.42% | −0.39 | #9371 | | FY 2019-20 | Nil | 0.0000% | −100.00% | 0.00% | < ₹1 Crore | 0.0000% | −13.04% | 0.46% | −0.40 | — | | FY 2020-21 | < ₹1 Crore | 0.0000% | — | 0.17% | 1.11 | 0.0000% | +177.50% | 1.80% | −0.51 | #8107 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −15.00% | 0.10% | < ₹1 Crore | 0.0000% | −91.89% | 0.10% | +0.42 | #8559 | | FY 2022-23 | < ₹1 Crore | 0.0000% | +47.06% | 0.14% | Nil | 0.0000% | −100.00% | 0.00% | +0.75 | #8345 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −94.67% | 0.01% | < ₹1 Crore | 0.0000% | — | 0.03% | −0.01 | #10146 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +1,025.00% | 0.07% | < ₹1 Crore | 0.0000% | −80.00% | 0.01% | +0.44 | #8898 | - CAGR (7-year): exports 36.36%/yr, imports -47.17%/yr (consistently Surplus) ## Key trade insights: HSN Code 40122010 export-import analysis ### Consistent export growth: 36.36% CAGR over 7 years India's exports under HSN Code 40122010 have grown at a compound annual rate of 36.36% over 7 fiscal years, rising from ₹0.07 Crore in FY 2018-19 to ₹0.45 Crore in FY 2024-25. ### HSN Code 40122010 ranked #8898 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40122010 ranks #8898 out of 12657 HSN codes by total export value. Within Sub-Chapter 4012, it ranks #9 of 15. By trade surplus, it ranks #4847 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 40122010 exports The strongest single-year export movement for HSN Code 40122010 was recorded in FY 2024-25, when exports surged by 1,025.00% over the prior year. ### India maintains a trade surplus of ₹0.44 Crore in HSN Code 40122010 goods In FY 2024-25, India's exports of ₹0.45 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹0.44 Crore — ranking #4847 of 12657 by surplus magnitude. ### Import growth of -47.17% CAGR signals stable import dependency for Vulcanized Rubber Conveyor Belts India's imports under HSN Code 40122010 have grown at -47.17% CAGR, reaching ₹0.01 Crore in FY 2024-25. ### HSN Code 40122010 contributes 0.07% of Sub-Chapter 4012 exports — ranked #9 Among the 15 HSN codes under Sub-Chapter 4012, HSN Code 40122010 ranks #9 by export value — accounting for 0.07% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #10). ## Related HSN Codes in Sub-Chapter 4012 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 40129020: Other :Solid rubber tyres for other vehicles](https://busy.in/hsn/hsn-40129020/) | ₹328 Cr | | #2 | [HSN Code 40121300: Retreaded tyres : Of a kind used on aircraft](https://busy.in/hsn/hsn-40121300/) | ₹118 Cr | | #3 | [HSN Code 40129049: Other \| Tyre Flaps](https://busy.in/hsn/hsn-40129049/) | ₹117 Cr | | #4 | [HSN Code 40129010: Other : Solid rubber tyres for motor vehicles](https://busy.in/hsn/hsn-40129010/) | ₹100 Cr | | #5 | [HSN Code 40129030: Other \| Tyres With Metal Framework](https://busy.in/hsn/hsn-40129030/) | ₹18 Cr | | #6 | [HSN Code 40129090: Retreaded or used pneumatic tyres of rubber \| Other](https://busy.in/hsn/hsn-40129090/) | ₹8 Cr | | #7 | [HSN Code 40121200: Retreaded tyres](https://busy.in/hsn/hsn-40121200/) | < ₹1 Crore | | #8 | [HSN Code 40121990: Retreaded Tyres \| Other](https://busy.in/hsn/hsn-40121990/) | < ₹1 Crore | | #9 | HSN Code 40122010: Vulcanized Rubber Conveyor Belts (this hsn code) | < ₹1 Crore | | #9 | [HSN Code 40122090: Used pneumatic tyres : Other](https://busy.in/hsn/hsn-40122090/) | < ₹1 Crore |