HSN Code 40129041: Tyre Flaps (2/3 Wheelers)

HSN Code 40129041 represents Tyre Flaps (2/3 Wheelers) under GST classification. This code helps businesses identify Tyre Flaps (2/3 Wheelers) correctly for billing, taxation, and trade. With HSN Code 40129041, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tyre Flaps (2/3 Wheelers).

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Description of Goods for HSN Code 40129041

HSN Code 40129041 relates to the following description.

Description of Goods

Other : Tyre flaps : Of a kind used in two-wheeled and three- wheeled 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 40129041 not include?

Tyre Flaps (2/3 Wheelers) 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

India’s Trade Performance — HSN Code 40129041 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

< ₹1 Crore

+233.33% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

Nil

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

< ₹1 Crore

Trade Surplus

Surplus rank #5250 of 12657 HSN codes

% of Sub-Chapter 4012

FY 2024-25

0.01%

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

Import side: 0.00% of Sub-Chapter 4012’s imports

Rank Within Sub-Chapter 4012

FY 2024-25

#12 of 15

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

At a glance

−4.28%

Export CAGR

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

#9754

National Export Rank

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

+233.33%

Peak Growth Year

FY 2024-25 · strongest single-year move

0.01%

Contribution to Sub-Ch. 4012

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

India Export-Import Trade Statistics for HSN Code 40129041

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 #9066

Balance

+0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.04% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 4012

FY 2019-20 Exp. Rank #9399

Balance

+0.06

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−53.85% YoY

0.02% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 4012

FY 2020-21 Exp. Rank #9236

Balance

+0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+66.67% YoY

0.03% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 4012

FY 2021-22 Exp. Rank #9543

Balance

+0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.02% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 4012

FY 2022-23 Exp. Rank #9640

Balance

+0.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.02% of Sub-Ch. 4012

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.03% of Sub-Ch. 4012

FY 2023-24 Exp. Rank #10223

Balance

+0.03

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−70.00% YoY

0.01% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4012

FY 2024-25 Exp. Rank #9754

Balance

+0.10

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+233.33% YoY

0.01% of Sub-Ch. 4012

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 4012

CAGR · 7-Year

Exports

−4.28% /yr

Imports

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 40129041 Export-Import Analysis

Export Decline: −4.28% CAGR Over 7 Years

India's exports under HSN Code 40129041 have declined at a compound annual rate of −4.28% over 7 fiscal years, falling from ₹0.13 Crore in FY 2018-19 to ₹0.10 Crore in FY 2024-25.

HSN Code 40129041 Ranked #9754 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40129041 ranks #9754 out of 12657 HSN codes by total export value. Within Sub-Chapter 4012, it ranks #12 of 15. By trade surplus, it ranks #5250 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 40129041 Exports

The strongest single-year export movement for HSN Code 40129041 was recorded in FY 2024-25, when exports surged by 233.33% over the prior year.

India Maintains a Trade Surplus of ₹0.10 Crore in HSN Code 40129041 Goods

In FY 2024-25, India's exports of ₹0.10 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹0.10 Crore — ranking #5250 of 12657 by surplus magnitude.

HSN Code 40129041 Contributes 0.01% of Sub-Chapter 4012 Exports — Ranked #12

Among the 15 HSN codes under Sub-Chapter 4012, HSN Code 40129041 ranks #12 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40129041 and GST compliance.

What products are classified under HSN 40129041 ?

It includes Tyre Flaps (2/3 Wheelers)

Does packaging or labelling change the GST for Tyre Flaps (2/3 Wheelers)?

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 Tyre Flaps (2/3 Wheelers) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tyre Flaps (2/3 Wheelers); Nil for exempt items if applicable).

Any common misclassification issue with Tyre Flaps (2/3 Wheelers)?

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 Tyre Flaps (2/3 Wheelers)?

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 Tyre Flaps (2/3 Wheelers)?

Under HSN 40129041, Tyre Flaps (2/3 Wheelers) 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.