HSN Code 40129050: Other : Tyre treads, interchangeable

HSN Code 40129050 represents Other : Tyre treads, interchangeable under GST classification. This code helps businesses identify Other : Tyre treads, interchangeable correctly for billing, taxation, and trade. With HSN Code 40129050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other : Tyre treads, interchangeable.

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Description of Goods for HSN Code 40129050

HSN Code 40129050 relates to the following description.

Description of Goods

Other : Tyre treads, interchangeable

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 40129050 not include?

Other : Tyre treads, interchangeable 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

India’s Trade Performance — HSN Code 40129050 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

0.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹2 Cr

+10.91% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−₹2 Cr

Trade Deficit

Surplus rank #8259 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: 2.57% of Sub-Chapter 4012’s imports

Rank Within Sub-Chapter 4012

FY 2024-25

#14 of 15

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

Import-side rank: #6 of 15

At a glance

12.25%

Export CAGR

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

#10112

National Export Rank

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

0.00%

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 40129050

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 #9774

Balance

−3.54

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 4012

Imports

3.56 ₹ Cr

0.0001% share

YoY

3.27% of Sub-Ch. 4012

FY 2019-20

Balance

−2.71

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4012

Imports

2.71 ₹ Cr

0.0001% share

−23.88% YoY

3.09% of Sub-Ch. 4012

FY 2020-21 Exp. Rank #9985

Balance

−2.94

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 4012

Imports

2.95 ₹ Cr

0.0001% share

+8.86% YoY

4.78% of Sub-Ch. 4012

FY 2021-22

Balance

−2.46

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4012

Imports

2.46 ₹ Cr

0.0001% share

−16.61% YoY

2.70% of Sub-Ch. 4012

FY 2022-23 Exp. Rank #9782

Balance

−3.84

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 4012

Imports

3.91 ₹ Cr

0.0001% share

+58.94% YoY

3.62% of Sub-Ch. 4012

FY 2023-24 Exp. Rank #10146

Balance

−2.16

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−42.86% YoY

0.01% of Sub-Ch. 4012

Imports

2.20 ₹ Cr

0.0000% share

−43.73% YoY

1.51% of Sub-Ch. 4012

FY 2024-25 Exp. Rank #10112

Balance

−2.40

Exports

< ₹1 Crore ₹ Cr

0.0000% share

0.00% YoY

0.01% of Sub-Ch. 4012

Imports

2.44 ₹ Cr

0.0000% share

+10.91% YoY

2.57% of Sub-Ch. 4012

CAGR · 7-Year

Exports

12.25% /yr

Imports

−6.10% /yr

Consistently Deficit
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 40129050 Export-Import Analysis

Consistent Export Growth: 12.25% CAGR Over 7 Years

India's exports under HSN Code 40129050 have grown at a compound annual rate of 12.25% over 7 fiscal years, rising from ₹0.02 Crore in FY 2018-19 to ₹0.04 Crore in FY 2024-25.

HSN Code 40129050 Ranked #10112 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40129050 ranks #10112 out of 12657 HSN codes by total export value. Within Sub-Chapter 4012, it ranks #14 of 15. By trade surplus, it ranks #8259 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 40129050 Exports

The strongest single-year export movement for HSN Code 40129050 was recorded in FY 2024-25, when exports surged by 0.00% over the prior year.

India Records a Trade Deficit of ₹2.40 Crore in HSN Code 40129050 Goods

In FY 2024-25, India's imports of ₹2.44 Cr exceeded exports of ₹0.04 Cr, resulting in a trade deficit of ₹2.40 Crore — ranking #8259 of 12657 by surplus magnitude.

Import Growth of −6.10% CAGR Signals Stable Import Dependency for Other : Tyre treads, interchangeable

India's imports under HSN Code 40129050 have grown at −6.10% CAGR, reaching ₹2.44 Crore in FY 2024-25.

HSN Code 40129050 Contributes 0.01% of Sub-Chapter 4012 Exports — Ranked #14

Among the 15 HSN codes under Sub-Chapter 4012, HSN Code 40129050 ranks #14 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.57% share (rank #6).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40129050 and GST compliance.

What products are classified under HSN 40129050 ?

It includes Other : Tyre treads, interchangeable

How should mixed supplies be billed when Other : Tyre treads, interchangeable is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other : Tyre treads, interchangeable; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Other : Tyre treads, interchangeable?

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

Any common misclassification issue with Other : Tyre treads, interchangeable?

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 : Tyre treads, interchangeable?

Under HSN 40129050, Other : Tyre treads, interchangeable attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Other : Tyre treads, interchangeable?

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.

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.