--- title: "HSN Code for Tyres for Cycle Rickshaws/Powered Three-Wheelers | HSN 40139050 GST Rate" description: "Find HSN and GST Rates for 40139050 related to Tyres for Cycle Rickshaws/Powered Three-Wheelers with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40139050/" --- # HSN Code 40139050: Tyres for Cycle Rickshaws/Powered Three-Wheelers - [Section 07: Guide to HSN Section 07](https://busy.in/hsn/section-07/) - [Chapter 40: Rubber and Articles Thereof](https://busy.in/hsn/chapter-40/) - [Sub-chapter 4013: Inner tubes, of rubber](https://busy.in/hsn/sub-chapter-4013/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Of a kind used in tyres of cycle rickshaws and three-wheeled powered cycle-rickshaws | 2.5% | 2.5% | 5% | 0% | ## Frequently asked questions ### What products are classified under HSN 40139050 ? It includes Tyres for Cycle Rickshaws/Powered Three-Wheelers ### How much GST applies to Tyres for Cycle Rickshaws/Powered Three-Wheelers? Under HSN 40139050, Tyres for Cycle Rickshaws/Powered Three-Wheelers attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Tyres for Cycle Rickshaws/Powered Three-Wheelers is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tyres for Cycle Rickshaws/Powered Three-Wheelers; Nil for exempt items if applicable). ### Any common misclassification issue with Tyres for Cycle Rickshaws/Powered Three-Wheelers? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Tyres for Cycle Rickshaws/Powered Three-Wheelers? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Do e‑way bill and e‑invoice apply for Tyres for Cycle Rickshaws/Powered Three-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. ## India's trade performance: HSN Code 40139050 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹13 Cr (+27.59% YoY) — 0.0004% of India's total exports - Imports: < ₹1 Crore (+85.71% YoY) — 0.0000% of India's total imports - Trade balance: ₹13 Cr (Surplus); surplus rank #3143 of 12657 HSN codes - Share of Sub-Chapter 4013: 1.70% of its exports; import side 0.58% - Rank within Sub-Chapter 4013: #8 of 10 by export value; import-side #8 ### Key metrics - Export CAGR: 10.68% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5434 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +64.44% in FY 2019-20 - Contribution to Sub-Ch. 4013: 1.70% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40139050 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 4013 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4013 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 7.17 | 0.0003% | — | 1.41% | < ₹1 Crore | 0.0000% | — | 1.72% | +6.50 | #5410 | | FY 2019-20 | 11.79 | 0.0005% | +64.44% | 2.07% | < ₹1 Crore | 0.0000% | −73.13% | 0.55% | +11.61 | #4789 | | FY 2020-21 | 7.87 | 0.0004% | −33.25% | 1.31% | < ₹1 Crore | 0.0000% | −55.56% | 0.59% | +7.79 | #5376 | | FY 2021-22 | 9.23 | 0.0003% | +17.28% | 1.23% | < ₹1 Crore | 0.0000% | +187.50% | 0.64% | +9.00 | #5592 | | FY 2022-23 | 9.37 | 0.0003% | +1.52% | 1.35% | < ₹1 Crore | 0.0000% | −78.26% | 0.50% | +9.32 | #5715 | | FY 2023-24 | 10.33 | 0.0003% | +10.25% | 1.37% | < ₹1 Crore | 0.0000% | +40.00% | 0.53% | +10.26 | #5691 | | FY 2024-25 | 13.18 | 0.0004% | +27.59% | 1.70% | < ₹1 Crore | 0.0000% | +85.71% | 0.58% | +13.05 | #5434 | - CAGR (7-year): exports 10.68%/yr, imports -23.91%/yr (consistently Surplus) ## Key trade insights: HSN Code 40139050 export-import analysis ### Consistent export growth: 10.68% CAGR over 7 years India's exports under HSN Code 40139050 have grown at a compound annual rate of 10.68% over 7 fiscal years, rising from ₹7.17 Crore in FY 2018-19 to ₹13.18 Crore in FY 2024-25. ### HSN Code 40139050 ranked #5434 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40139050 ranks #5434 out of 12657 HSN codes by total export value. Within Sub-Chapter 4013, it ranks #8 of 10. By trade surplus, it ranks #3143 of 12657. ### FY 2019-20 was the strongest growth year for HSN Code 40139050 exports The strongest single-year export movement for HSN Code 40139050 was recorded in FY 2019-20, when exports surged by 64.44% over the prior year. ### India maintains a trade surplus of ₹13.05 Crore in HSN Code 40139050 goods In FY 2024-25, India's exports of ₹13.18 Cr exceeded imports of ₹0.13 Cr, resulting in a trade surplus of ₹13.05 Crore — ranking #3143 of 12657 by surplus magnitude. ### Import growth of -23.91% CAGR signals stable import dependency for Tyres for Cycle Rickshaws/Powered Three-Wheelers India's imports under HSN Code 40139050 have grown at -23.91% CAGR, reaching ₹0.13 Crore in FY 2024-25. ### HSN Code 40139050 contributes 1.70% of Sub-Chapter 4013 exports — ranked #8 Among the 10 HSN codes under Sub-Chapter 4013, HSN Code 40139050 ranks #8 by export value — accounting for 1.70% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.58% share (rank #8). ## Related HSN Codes in Sub-Chapter 4013 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 40131020: Documentary Short Films (35mm)](https://busy.in/hsn/hsn-40131020/) | ₹204 Cr | | #2 | [HSN Code 40132000: Of A Kind Used On Bicycles](https://busy.in/hsn/hsn-40132000/) | ₹202 Cr | | #3 | [HSN Code 40139090: Rubber Inner Tubes \| Other](https://busy.in/hsn/hsn-40139090/) | ₹132 Cr | | #4 | [HSN Code 40131010: Tubes and Hoses of Vulcanized Rubber](https://busy.in/hsn/hsn-40131010/) | ₹82 Cr | | #5 | [HSN Code 40139020: Other \| For Motor Cycle](https://busy.in/hsn/hsn-40139020/) | ₹61 Cr | | #6 | [HSN Code 40139030: Other : For off the road vehicles, not elsewhere specified or included](https://busy.in/hsn/hsn-40139030/) | ₹44 Cr | | #7 | [HSN Code 40139041: Other \| For Tractors](https://busy.in/hsn/hsn-40139041/) | ₹23 Cr | | #8 | HSN Code 40139050: Tyres for Cycle Rickshaws/Powered Three-Wheelers (this hsn code) | ₹13 Cr | | #9 | [HSN Code 40139049: Other \| For Tractors](https://busy.in/hsn/hsn-40139049/) | ₹12 Cr | | #10 | [HSN Code 40139010: Other \| For Aircraft](https://busy.in/hsn/hsn-40139010/) | < ₹1 Crore |