HSN Code 40132000: Of A Kind Used On Bicycles

HSN Code 40132000 represents Of A Kind Used On Bicycles under GST classification. This code helps businesses identify Of A Kind Used On Bicycles correctly for billing, taxation, and trade. With HSN Code 40132000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Of A Kind Used On Bicycles.

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Description of Goods for HSN Code 40132000

HSN Code 40132000 relates to the following description.

Description of Goods

Of a kind used on bicycles

Chapter

40 - Rubber and articles thereof

Sub Chapter

4013 - Inner tubes, of rubber

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 40132000 not include?

Of A Kind Used On Bicycles does not include products with the following descriptions.

HSN Code 40131010

Of a kind used on motor cars (including station wagons and racing cars), buses or lorries : For motor cars

HSN Code 40131020

Of a kind used on motor cars (including station wagons and racing cars), buses or lorries : For lorries and buses

HSN Code 40139050

Other : Of a kind used in tyres of cycle rickshaws and three-wheeled powered cycle-rickshaws

HSN Code 40139090

Inner Tubes of rubber other than of a kind used on/in bicycle, cycle rickshaws and three-wheeled powered cycle-rickshaws; and rear tractor tyre tubes

India’s Trade Performance — HSN Code 40132000 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

₹202 Cr

+11.33% vs FY 2023-24

0.0055% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

+30.59% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹201 Cr

Trade Surplus

Surplus rank #1149 of 12657 HSN codes

% of Sub-Chapter 4013

FY 2024-25

26.11%

Share of Sub-Chapter 4013’s total exports in FY 2024-25

Import side: 4.94% of Sub-Chapter 4013’s imports

Rank Within Sub-Chapter 4013

FY 2024-25

#2 of 10

Position by export value among HSN codes in Sub-Chapter 4013

Import-side rank: #5 of 10

At a glance

2.87%

Export CAGR

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

#1839

National Export Rank

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

+22.67%

Peak Growth Year

FY 2021-22 · strongest single-year move

26.11%

Contribution to Sub-Ch. 4013

Share of Sub-Chapter 4013 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 40132000

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 #1468

Balance

+166.79

Exports

170.41 ₹ Cr

0.0075% share

— YoY

33.41% of Sub-Ch. 4013

Imports

3.62 ₹ Cr

0.0001% share

— YoY

9.31% of Sub-Ch. 4013

FY 2019-20 Exp. Rank #1504

Balance

+158.63

Exports

163.01 ₹ Cr

0.0074% share

−4.34% YoY

28.58% of Sub-Ch. 4013

Imports

4.38 ₹ Cr

0.0001% share

+20.99% YoY

13.30% of Sub-Ch. 4013

FY 2020-21 Exp. Rank #1486

Balance

+173.25

Exports

176.56 ₹ Cr

0.0082% share

+8.31% YoY

29.46% of Sub-Ch. 4013

Imports

3.31 ₹ Cr

0.0001% share

−24.43% YoY

24.43% of Sub-Ch. 4013

FY 2021-22 Exp. Rank #1580

Balance

+213.41

Exports

216.59 ₹ Cr

0.0069% share

+22.67% YoY

28.89% of Sub-Ch. 4013

Imports

3.18 ₹ Cr

0.0001% share

−3.93% YoY

8.88% of Sub-Ch. 4013

FY 2022-23 Exp. Rank #1874

Balance

+173.15

Exports

174.59 ₹ Cr

0.0048% share

−19.39% YoY

25.14% of Sub-Ch. 4013

Imports

1.44 ₹ Cr

0.0000% share

−54.72% YoY

14.26% of Sub-Ch. 4013

FY 2023-24 Exp. Rank #1879

Balance

+180.53

Exports

181.38 ₹ Cr

0.0050% share

+3.89% YoY

24.00% of Sub-Ch. 4013

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−40.97% YoY

6.39% of Sub-Ch. 4013

FY 2024-25 Exp. Rank #1839

Balance

+200.82

Exports

201.93 ₹ Cr

0.0055% share

+11.33% YoY

26.11% of Sub-Ch. 4013

Imports

1.11 ₹ Cr

0.0000% share

+30.59% YoY

4.94% of Sub-Ch. 4013

CAGR · 7-Year

Exports

2.87% /yr

Imports

−17.88% /yr

Consistently Surplus
Sub-Chapter 4013 total

reference, FY 2024-25

Export

₹773.39 Cr

Import

₹22.46 Cr

Trade Balance

+750.93

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 40132000 Export-Import Analysis

Consistent Export Growth: 2.87% CAGR Over 7 Years

India's exports under HSN Code 40132000 have grown at a compound annual rate of 2.87% over 7 fiscal years, rising from ₹170.41 Crore in FY 2018-19 to ₹201.93 Crore in FY 2024-25.

HSN Code 40132000 Ranked #1839 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40132000 ranks #1839 out of 12657 HSN codes by total export value. Within Sub-Chapter 4013, it ranks #2 of 10. By trade surplus, it ranks #1149 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40132000 Exports

The strongest single-year export movement for HSN Code 40132000 was recorded in FY 2021-22, when exports surged by 22.67% over the prior year.

India Maintains a Trade Surplus of ₹200.82 Crore in HSN Code 40132000 Goods

In FY 2024-25, India's exports of ₹201.93 Cr exceeded imports of ₹1.11 Cr, resulting in a trade surplus of ₹200.82 Crore — ranking #1149 of 12657 by surplus magnitude.

Import Growth of −17.88% CAGR Signals Stable Import Dependency for Of A Kind Used On Bicycles

India's imports under HSN Code 40132000 have grown at −17.88% CAGR, reaching ₹1.11 Crore in FY 2024-25.

HSN Code 40132000 Contributes 26.11% of Sub-Chapter 4013 Exports — Ranked #2

Among the 10 HSN codes under Sub-Chapter 4013, HSN Code 40132000 ranks #2 by export value — accounting for 26.11% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 4.94% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40132000 and GST compliance.

What products are classified under HSN 40132000 ?

It includes Of A Kind Used On Bicycles

Do e‑way bill and e‑invoice apply for Of A Kind Used On Bicycles?

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.

Can we claim ITC on inputs used to trade Of A Kind Used On Bicycles?

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

How should mixed supplies be billed when Of A Kind Used On Bicycles is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Of A Kind Used On Bicycles; Nil for exempt items if applicable).

Any common misclassification issue with Of A Kind Used On Bicycles?

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 Of A Kind Used On Bicycles?

Under HSN 40132000, Of A Kind Used On Bicycles 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.