HSN Code 40169200: Erasers

HSN Code 40169200 represents Erasers under GST classification. This code helps businesses identify Erasers correctly for billing, taxation, and trade. With HSN Code 40169200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Erasers.

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Description of Goods for HSN Code 40169200

HSN Code 40169200 relates to the following description.

Description of Goods

Other : Erasers

Chapter

40 - Rubber and articles thereof

Sub Chapter

4016 - Other articles of vulcanised rubber other than hard rubber

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 40169200 not include?

Erasers does not include products with the following descriptions.

HSN Code 40169310

Other : Gaskets, washers and other seals : Patches for puncture repair of self- vulcanising rubber or a rubber backing

HSN Code 40169330

Other : Gaskets, washers and other seals : Rubber seals (Oil seals and the like)

India’s Trade Performance — HSN Code 40169200 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

₹36 Cr

−15.14% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹29 Cr

−5.27% vs FY 2023-24

0.0005% of India’s total imports

Trade Balance

FY 2024-25

₹7 Cr

Trade Surplus

Surplus rank #3516 of 12657 HSN codes

% of Sub-Chapter 4016

FY 2024-25

0.64%

Share of Sub-Chapter 4016’s total exports in FY 2024-25

Import side: 0.45% of Sub-Chapter 4016’s imports

Rank Within Sub-Chapter 4016

FY 2024-25

#14 of 23

Position by export value among HSN codes in Sub-Chapter 4016

Import-side rank: #15 of 23

At a glance

20.37%

Export CAGR

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

#4066

National Export Rank

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

+98.30%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.64%

Contribution to Sub-Ch. 4016

Share of Sub-Chapter 4016 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 40169200

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 #4793

Balance

−2.03

Exports

11.87 ₹ Cr

0.0005% share

— YoY

0.36% of Sub-Ch. 4016

Imports

13.90 ₹ Cr

0.0004% share

— YoY

0.32% of Sub-Ch. 4016

FY 2019-20 Exp. Rank #4328

Balance

+2.46

Exports

17.03 ₹ Cr

0.0008% share

+43.47% YoY

0.54% of Sub-Ch. 4016

Imports

14.57 ₹ Cr

0.0004% share

+4.82% YoY

0.37% of Sub-Ch. 4016

FY 2020-21 Exp. Rank #4768

Balance

+5.35

Exports

12.94 ₹ Cr

0.0006% share

−24.02% YoY

0.39% of Sub-Ch. 4016

Imports

7.59 ₹ Cr

0.0003% share

−47.91% YoY

0.19% of Sub-Ch. 4016

FY 2021-22 Exp. Rank #4256

Balance

+12.32

Exports

25.66 ₹ Cr

0.0008% share

+98.30% YoY

0.58% of Sub-Ch. 4016

Imports

13.34 ₹ Cr

0.0003% share

+75.76% YoY

0.27% of Sub-Ch. 4016

FY 2022-23 Exp. Rank #4097

Balance

+8.09

Exports

31.46 ₹ Cr

0.0009% share

+22.60% YoY

0.68% of Sub-Ch. 4016

Imports

23.37 ₹ Cr

0.0004% share

+75.19% YoY

0.41% of Sub-Ch. 4016

FY 2023-24 Exp. Rank #3755

Balance

+12.18

Exports

42.54 ₹ Cr

0.0012% share

+35.22% YoY

0.85% of Sub-Ch. 4016

Imports

30.36 ₹ Cr

0.0005% share

+29.91% YoY

0.49% of Sub-Ch. 4016

FY 2024-25 Exp. Rank #4066

Balance

+7.34

Exports

36.10 ₹ Cr

0.0010% share

−15.14% YoY

0.64% of Sub-Ch. 4016

Imports

28.76 ₹ Cr

0.0005% share

−5.27% YoY

0.45% of Sub-Ch. 4016

CAGR · 7-Year

Exports

20.37% /yr

Imports

12.88% /yr

Consistently Surplus
Sub-Chapter 4016 total

reference, FY 2024-25

Export

₹5,660.84 Cr

Import

₹6,430.40 Cr

Trade Balance

−769.56

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

Key Trade Insights: HSN Code 40169200 Export-Import Analysis

Consistent Export Growth: 20.37% CAGR Over 7 Years

India's exports under HSN Code 40169200 have grown at a compound annual rate of 20.37% over 7 fiscal years, rising from ₹11.87 Crore in FY 2018-19 to ₹36.10 Crore in FY 2024-25.

HSN Code 40169200 Ranked #4066 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 40169200 ranks #4066 out of 12657 HSN codes by total export value. Within Sub-Chapter 4016, it ranks #14 of 23. By trade surplus, it ranks #3516 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 40169200 Exports

The strongest single-year export movement for HSN Code 40169200 was recorded in FY 2021-22, when exports surged by 98.30% over the prior year.

India Maintains a Trade Surplus of ₹7.34 Crore in HSN Code 40169200 Goods

In FY 2024-25, India's exports of ₹36.10 Cr exceeded imports of ₹28.76 Cr, resulting in a trade surplus of ₹7.34 Crore — ranking #3516 of 12657 by surplus magnitude.

Import Growth of 12.88% CAGR Signals Rising Demand for Erasers

India's imports under HSN Code 40169200 have grown at 12.88% CAGR, reaching ₹28.76 Crore in FY 2024-25.

HSN Code 40169200 Contributes 0.64% of Sub-Chapter 4016 Exports — Ranked #14

Among the 23 HSN codes under Sub-Chapter 4016, HSN Code 40169200 ranks #14 by export value — accounting for 0.64% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.45% share (rank #15).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40169200 and GST compliance.

What products are classified under HSN 40169200 ?

It includes Erasers

Any common misclassification issue with Erasers?

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 Erasers?

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 Erasers?

Under HSN 40169200, Erasers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Erasers?

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 Erasers is sold with other items?

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

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.