HSN Code 40129030: Other | Tyres With Metal Framework

HSN Code 40129030 represents Other | Tyres With Metal Framework under GST classification. This code helps businesses identify Other | Tyres With Metal Framework correctly for billing, taxation, and trade. With HSN Code 40129030, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Tyres With Metal Framework.

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Description of Goods for HSN Code 40129030

HSN Code 40129030 relates to the following description.

Description of Goods

Other : Tyres with metal framework

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 40129030 not include?

Other | Tyres With Metal Framework 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 40129030 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

₹18 Cr

−13.28% vs FY 2023-24

0.0005% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

+132.51% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹13 Cr

Trade Surplus

Surplus rank #3130 of 12657 HSN codes

% of Sub-Chapter 4012

FY 2024-25

2.59%

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

Import side: 4.97% of Sub-Chapter 4012’s imports

Rank Within Sub-Chapter 4012

FY 2024-25

#5 of 15

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

Import-side rank: #3 of 15

At a glance

62.28%

Export CAGR

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

#5022

National Export Rank

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

+2,823.08%

Peak Growth Year

FY 2020-21 · strongest single-year move

2.59%

Contribution to Sub-Ch. 4012

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

India Export-Import Trade Statistics for HSN Code 40129030

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 #7647

Balance

+0.44

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.27% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.50% of Sub-Ch. 4012

FY 2019-20 Exp. Rank #9054

Balance

−0.73

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−86.73% YoY

0.04% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+59.26% YoY

0.98% of Sub-Ch. 4012

FY 2020-21 Exp. Rank #6262

Balance

+3.64

Exports

3.80 ₹ Cr

0.0002% share

+2,823.08% YoY

1.10% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−81.40% YoY

0.26% of Sub-Ch. 4012

FY 2021-22 Exp. Rank #4737

Balance

+17.57

Exports

17.85 ₹ Cr

0.0006% share

+369.74% YoY

3.49% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+75.00% YoY

0.31% of Sub-Ch. 4012

FY 2022-23 Exp. Rank #4496

Balance

+22.93

Exports

23.23 ₹ Cr

0.0006% share

+30.14% YoY

4.24% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+7.14% YoY

0.28% of Sub-Ch. 4012

FY 2023-24 Exp. Rank #4736

Balance

+18.61

Exports

20.64 ₹ Cr

0.0006% share

−11.15% YoY

3.49% of Sub-Ch. 4012

Imports

2.03 ₹ Cr

0.0000% share

+576.67% YoY

1.40% of Sub-Ch. 4012

FY 2024-25 Exp. Rank #5022

Balance

+13.18

Exports

17.90 ₹ Cr

0.0005% share

−13.28% YoY

2.59% of Sub-Ch. 4012

Imports

4.72 ₹ Cr

0.0001% share

+132.51% YoY

4.97% of Sub-Ch. 4012

CAGR · 7-Year

Exports

62.28% /yr

Imports

43.52% /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 40129030 Export-Import Analysis

Consistent Export Growth: 62.28% CAGR Over 7 Years

India's exports under HSN Code 40129030 have grown at a compound annual rate of 62.28% over 7 fiscal years, rising from ₹0.98 Crore in FY 2018-19 to ₹17.90 Crore in FY 2024-25.

HSN Code 40129030 Ranked #5022 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40129030 ranks #5022 out of 12657 HSN codes by total export value. Within Sub-Chapter 4012, it ranks #5 of 15. By trade surplus, it ranks #3130 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 40129030 Exports

The strongest single-year export movement for HSN Code 40129030 was recorded in FY 2020-21, when exports surged by 2,823.08% over the prior year.

India Maintains a Trade Surplus of ₹13.18 Crore in HSN Code 40129030 Goods

In FY 2024-25, India's exports of ₹17.90 Cr exceeded imports of ₹4.72 Cr, resulting in a trade surplus of ₹13.18 Crore — ranking #3130 of 12657 by surplus magnitude.

Import Growth of 43.52% CAGR Signals Rising Demand for Other | Tyres With Metal Framework

India's imports under HSN Code 40129030 have grown at 43.52% CAGR, reaching ₹4.72 Crore in FY 2024-25.

HSN Code 40129030 Contributes 2.59% of Sub-Chapter 4012 Exports — Ranked #5

Among the 15 HSN codes under Sub-Chapter 4012, HSN Code 40129030 ranks #5 by export value — accounting for 2.59% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.97% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40129030 and GST compliance.

What products are classified under HSN 40129030 ?

It includes Other | Tyres With Metal Framework

Does packaging or labelling change the GST for Other / Tyres With Metal Framework?

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.

Do e‑way bill and e‑invoice apply for Other / Tyres With Metal Framework?

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 Other / Tyres With Metal Framework?

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 / Tyres With Metal Framework?

Under HSN 40129030, Other / Tyres With Metal Framework attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other / Tyres With Metal Framework?

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.