HSN Code 40129020: Other :Solid rubber tyres for other vehicles

HSN Code 40129020 represents Other :Solid rubber tyres for other vehicles under GST classification. This code helps businesses identify Other :Solid rubber tyres for other vehicles correctly for billing, taxation, and trade. With HSN Code 40129020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other :Solid rubber tyres for other vehicles.

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Description of Goods for HSN Code 40129020

HSN Code 40129020 relates to the following description.

Description of Goods

Other :Solid rubber tyres for other 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 40129020 not include?

Other :Solid rubber tyres for other vehicles 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 40129020 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

₹328 Cr

+9.87% vs FY 2023-24

0.0089% of India’s total exports

India’s Imports

FY 2024-25

₹15 Cr

−80.49% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹313 Cr

Trade Surplus

Surplus rank #883 of 12657 HSN codes

% of Sub-Chapter 4012

FY 2024-25

47.47%

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

Import side: 15.61% of Sub-Chapter 4012’s imports

Rank Within Sub-Chapter 4012

FY 2024-25

#1 of 15

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

Import-side rank: #2 of 15

At a glance

18.40%

Export CAGR

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

#1355

National Export Rank

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

+35.04%

Peak Growth Year

FY 2021-22 · strongest single-year move

47.47%

Contribution to Sub-Ch. 4012

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

India Export-Import Trade Statistics for HSN Code 40129020

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 #1819

Balance

+109.89

Exports

119.16 ₹ Cr

0.0052% share

— YoY

32.49% of Sub-Ch. 4012

Imports

9.27 ₹ Cr

0.0003% share

— YoY

8.52% of Sub-Ch. 4012

FY 2019-20 Exp. Rank #1567

Balance

+142.66

Exports

153.40 ₹ Cr

0.0070% share

+28.73% YoY

41.43% of Sub-Ch. 4012

Imports

10.74 ₹ Cr

0.0003% share

+15.86% YoY

12.23% of Sub-Ch. 4012

FY 2020-21 Exp. Rank #1485

Balance

+167.11

Exports

176.61 ₹ Cr

0.0082% share

+15.13% YoY

51.28% of Sub-Ch. 4012

Imports

9.50 ₹ Cr

0.0003% share

−11.55% YoY

15.39% of Sub-Ch. 4012

FY 2021-22 Exp. Rank #1486

Balance

+230.03

Exports

238.49 ₹ Cr

0.0076% share

+35.04% YoY

46.68% of Sub-Ch. 4012

Imports

8.46 ₹ Cr

0.0002% share

−10.95% YoY

9.28% of Sub-Ch. 4012

FY 2022-23 Exp. Rank #1439

Balance

+252.83

Exports

266.54 ₹ Cr

0.0074% share

+11.76% YoY

48.67% of Sub-Ch. 4012

Imports

13.71 ₹ Cr

0.0002% share

+62.06% YoY

12.68% of Sub-Ch. 4012

FY 2023-24 Exp. Rank #1394

Balance

+222.80

Exports

298.78 ₹ Cr

0.0083% share

+12.10% YoY

50.45% of Sub-Ch. 4012

Imports

75.98 ₹ Cr

0.0014% share

+454.19% YoY

52.28% of Sub-Ch. 4012

FY 2024-25 Exp. Rank #1355

Balance

+313.45

Exports

328.27 ₹ Cr

0.0089% share

+9.87% YoY

47.47% of Sub-Ch. 4012

Imports

14.82 ₹ Cr

0.0002% share

−80.49% YoY

15.61% of Sub-Ch. 4012

CAGR · 7-Year

Exports

18.40% /yr

Imports

8.13% /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 40129020 Export-Import Analysis

Consistent Export Growth: 18.40% CAGR Over 7 Years

India's exports under HSN Code 40129020 have grown at a compound annual rate of 18.40% over 7 fiscal years, rising from ₹119.16 Crore in FY 2018-19 to ₹328.27 Crore in FY 2024-25.

HSN Code 40129020 Ranked #1355 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40129020 ranks #1355 out of 12657 HSN codes by total export value. Within Sub-Chapter 4012, it ranks #1 of 15. By trade surplus, it ranks #883 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40129020 Exports

The strongest single-year export movement for HSN Code 40129020 was recorded in FY 2021-22, when exports surged by 35.04% over the prior year.

India Maintains a Trade Surplus of ₹313.45 Crore in HSN Code 40129020 Goods

In FY 2024-25, India's exports of ₹328.27 Cr exceeded imports of ₹14.82 Cr, resulting in a trade surplus of ₹313.45 Crore — ranking #883 of 12657 by surplus magnitude.

Import Growth of 8.13% CAGR Signals Stable Import Dependency for Other :Solid rubber tyres for other vehicles

India's imports under HSN Code 40129020 have grown at 8.13% CAGR, reaching ₹14.82 Crore in FY 2024-25.

HSN Code 40129020 Contributes 47.47% of Sub-Chapter 4012 Exports — Ranked #1

Among the 15 HSN codes under Sub-Chapter 4012, HSN Code 40129020 ranks #1 by export value — accounting for 47.47% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 15.61% share (rank #2).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40129020 and GST compliance.

What products are classified under HSN 40129020 ?

It includes Other :Solid rubber tyres for other vehicles

Any common misclassification issue with Other :Solid rubber tyres for other vehicles?

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

Do e‑way bill and e‑invoice apply for Other :Solid rubber tyres for other 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.

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

Under HSN 40129020, Other :Solid rubber tyres for other vehicles attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other :Solid rubber tyres for other 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.

How should mixed supplies be billed when Other :Solid rubber tyres for other vehicles is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other :Solid rubber tyres for other vehicles; Nil for exempt items if applicable).

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.