HSN Code 40139050: Tyres for Cycle Rickshaws/Powered Three-Wheelers

HSN Code 40139050 represents Tyres for Cycle Rickshaws/Powered Three-Wheelers under GST classification. This code helps businesses identify Tyres for Cycle Rickshaws/Powered Three-Wheelers correctly for billing, taxation, and trade. With HSN Code 40139050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tyres for Cycle Rickshaws/Powered Three-Wheelers.

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Description of Goods for HSN Code 40139050

HSN Code 40139050 relates to the following description.

Description of Goods

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

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 40139050 not include?

Tyres for Cycle Rickshaws/Powered Three-Wheelers does not include products with the following descriptions.

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

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

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 40139050 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

₹13 Cr

+27.59% vs FY 2023-24

0.0004% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+85.71% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹13 Cr

Trade Surplus

Surplus rank #3143 of 12657 HSN codes

% of Sub-Chapter 4013

FY 2024-25

1.70%

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

Import side: 0.58% of Sub-Chapter 4013’s imports

Rank Within Sub-Chapter 4013

FY 2024-25

#8 of 10

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

Import-side rank: #8 of 10

At a glance

10.68%

Export CAGR

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

#5434

National Export Rank

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

+64.44%

Peak Growth Year

FY 2019-20 · strongest single-year move

1.70%

Contribution to Sub-Ch. 4013

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

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5410

Balance

+6.50

Exports

7.17 ₹ Cr

0.0003% share

YoY

1.41% of Sub-Ch. 4013

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.72% of Sub-Ch. 4013

FY 2019-20 Exp. Rank #4789

Balance

+11.61

Exports

11.79 ₹ Cr

0.0005% share

+64.44% YoY

2.07% of Sub-Ch. 4013

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−73.13% YoY

0.55% of Sub-Ch. 4013

FY 2020-21 Exp. Rank #5376

Balance

+7.79

Exports

7.87 ₹ Cr

0.0004% share

−33.25% YoY

1.31% of Sub-Ch. 4013

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−55.56% YoY

0.59% of Sub-Ch. 4013

FY 2021-22 Exp. Rank #5592

Balance

+9.00

Exports

9.23 ₹ Cr

0.0003% share

+17.28% YoY

1.23% of Sub-Ch. 4013

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+187.50% YoY

0.64% of Sub-Ch. 4013

FY 2022-23 Exp. Rank #5715

Balance

+9.32

Exports

9.37 ₹ Cr

0.0003% share

+1.52% YoY

1.35% of Sub-Ch. 4013

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−78.26% YoY

0.50% of Sub-Ch. 4013

FY 2023-24 Exp. Rank #5691

Balance

+10.26

Exports

10.33 ₹ Cr

0.0003% share

+10.25% YoY

1.37% of Sub-Ch. 4013

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+40.00% YoY

0.53% of Sub-Ch. 4013

FY 2024-25 Exp. Rank #5434

Balance

+13.05

Exports

13.18 ₹ Cr

0.0004% share

+27.59% YoY

1.70% of Sub-Ch. 4013

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+85.71% YoY

0.58% of Sub-Ch. 4013

CAGR · 7-Year

Exports

10.68% /yr

Imports

−23.91% /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 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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40139050 and GST compliance.

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.

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.