HSN Code 40129010: Other : Solid rubber tyres for motor vehicles

HSN Code 40129010 represents Other : Solid rubber tyres for motor vehicles under GST classification. This code helps businesses identify Other : Solid rubber tyres for motor vehicles correctly for billing, taxation, and trade. With HSN Code 40129010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other : Solid rubber tyres for motor vehicles.

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Description of Goods for HSN Code 40129010

HSN Code 40129010 relates to the following description.

Description of Goods

Other : Solid rubber tyres for motor vehicles

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 40129010 not include?

Other : Solid rubber tyres for motor vehicles does not include products with the following descriptions.

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

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

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

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

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India’s Trade Performance — HSN Code 40129010 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

₹100 Cr

−0.30% vs FY 2023-24

0.0027% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

−24.25% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹96 Cr

Trade Surplus

Surplus rank #1630 of 12657 HSN codes

% of Sub-Chapter 4012

FY 2024-25

14.48%

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

Import side: 4.54% of Sub-Chapter 4012’s imports

Rank Within Sub-Chapter 4012

FY 2024-25

#4 of 15

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

Import-side rank: #4 of 15

At a glance

7.79%

Export CAGR

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

#2656

National Export Rank

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

+107.33%

Peak Growth Year

FY 2021-22 · strongest single-year move

14.48%

Contribution to Sub-Ch. 4012

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

India Export-Import Trade Statistics for HSN Code 40129010

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 #2548

Balance

+60.87

Exports

63.85 ₹ Cr

0.0028% share

YoY

17.41% of Sub-Ch. 4012

Imports

2.98 ₹ Cr

0.0001% share

YoY

2.74% of Sub-Ch. 4012

FY 2019-20 Exp. Rank #2677

Balance

+53.29

Exports

57.90 ₹ Cr

0.0026% share

−9.32% YoY

15.64% of Sub-Ch. 4012

Imports

4.61 ₹ Cr

0.0001% share

+54.70% YoY

5.25% of Sub-Ch. 4012

FY 2020-21 Exp. Rank #3221

Balance

+40.37

Exports

41.05 ₹ Cr

0.0019% share

−29.10% YoY

11.92% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−85.25% YoY

1.10% of Sub-Ch. 4012

FY 2021-22 Exp. Rank #2634

Balance

+85.05

Exports

85.11 ₹ Cr

0.0027% share

+107.33% YoY

16.66% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−91.18% YoY

0.07% of Sub-Ch. 4012

FY 2022-23 Exp. Rank #2703

Balance

+87.82

Exports

88.87 ₹ Cr

0.0025% share

+4.42% YoY

16.23% of Sub-Ch. 4012

Imports

1.05 ₹ Cr

0.0000% share

+1,650.00% YoY

0.97% of Sub-Ch. 4012

FY 2023-24 Exp. Rank #2570

Balance

+94.74

Exports

100.43 ₹ Cr

0.0028% share

+13.01% YoY

16.96% of Sub-Ch. 4012

Imports

5.69 ₹ Cr

0.0001% share

+441.90% YoY

3.92% of Sub-Ch. 4012

FY 2024-25 Exp. Rank #2656

Balance

+95.82

Exports

100.13 ₹ Cr

0.0027% share

−0.30% YoY

14.48% of Sub-Ch. 4012

Imports

4.31 ₹ Cr

0.0001% share

−24.25% YoY

4.54% of Sub-Ch. 4012

CAGR · 7-Year

Exports

7.79% /yr

Imports

6.34% /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 40129010 Export-Import Analysis

Consistent Export Growth: 7.79% CAGR Over 7 Years

India's exports under HSN Code 40129010 have grown at a compound annual rate of 7.79% over 7 fiscal years, rising from ₹63.85 Crore in FY 2018-19 to ₹100.13 Crore in FY 2024-25.

HSN Code 40129010 Ranked #2656 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40129010 ranks #2656 out of 12657 HSN codes by total export value. Within Sub-Chapter 4012, it ranks #4 of 15. By trade surplus, it ranks #1630 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40129010 Exports

The strongest single-year export movement for HSN Code 40129010 was recorded in FY 2021-22, when exports surged by 107.33% over the prior year.

India Maintains a Trade Surplus of ₹95.82 Crore in HSN Code 40129010 Goods

In FY 2024-25, India's exports of ₹100.13 Cr exceeded imports of ₹4.31 Cr, resulting in a trade surplus of ₹95.82 Crore — ranking #1630 of 12657 by surplus magnitude.

Import Growth of 6.34% CAGR Signals Stable Import Dependency for Other : Solid rubber tyres for motor vehicles

India's imports under HSN Code 40129010 have grown at 6.34% CAGR, reaching ₹4.31 Crore in FY 2024-25.

HSN Code 40129010 Contributes 14.48% of Sub-Chapter 4012 Exports — Ranked #4

Among the 15 HSN codes under Sub-Chapter 4012, HSN Code 40129010 ranks #4 by export value — accounting for 14.48% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.54% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 40129010 and GST compliance.

What products are classified under HSN 40129010 ?

It includes Other : Solid rubber tyres for motor vehicles

Can we claim ITC on inputs used to trade Other : Solid rubber tyres for motor vehicles?

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

Do e‑way bill and e‑invoice apply for Other : Solid rubber tyres for motor vehicles?

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.

Does packaging or labelling change the GST for Other : Solid rubber tyres for motor 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 Other : Solid rubber tyres for motor vehicles?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Other : Solid rubber tyres for motor vehicles?

Under HSN 40129010, Other : Solid rubber tyres for motor vehicles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.