--- title: "HSN Code for Rubber rings: Gaskets, washers | HSN 40169320 GST Rate" description: "Find HSN and GST Rates for 40169320 related to Rubber rings: Gaskets, washers with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40169320/" --- # HSN Code 40169320: Rubber rings: Gaskets, washers - [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 4016: Vulcanized rubber articles](https://busy.in/hsn/sub-chapter-4016/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Gaskets, washers and other seals : Rubber rings (O-ring) | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 40169320 ? It includes Rubber rings: Gaskets, washers ### How should mixed supplies be billed when Rubber rings: Gaskets, washers is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rubber rings: Gaskets, washers; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Rubber rings: Gaskets, washers? 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. ### Any common misclassification issue with Rubber rings: Gaskets, washers? 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 Rubber rings: Gaskets, washers? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Rubber rings: Gaskets, washers? Under HSN 40169320, Rubber rings: Gaskets, washers attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Rubber rings: Gaskets, washers? 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 40169320 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹115 Cr (+43.50% YoY) — 0.0031% of India's total exports - Imports: ₹585 Cr (+11.20% YoY) — 0.0096% of India's total imports - Trade balance: −₹470 Cr (Deficit); surplus rank #11857 of 12657 HSN codes - Share of Sub-Chapter 4016: 2.03% of its exports; import side 9.09% - Rank within Sub-Chapter 4016: #7 of 23 by export value; import-side #4 ### Key metrics - Export CAGR: 16.48% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2482 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +43.50% in FY 2024-25 - Contribution to Sub-Ch. 4016: 2.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40169320 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. 4016 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4016 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 46.11 | 0.0020% | — | 1.41% | 369.96 | 0.0103% | — | 8.51% | −323.85 | #2971 | | FY 2019-20 | 50.45 | 0.0023% | +9.41% | 1.59% | 343.33 | 0.0103% | −7.20% | 8.83% | −292.88 | #2858 | | FY 2020-21 | 48.05 | 0.0022% | −4.76% | 1.46% | 361.09 | 0.0124% | +5.17% | 8.91% | −313.04 | #2998 | | FY 2021-22 | 67.93 | 0.0022% | +41.37% | 1.53% | 408.45 | 0.0089% | +13.12% | 8.25% | −340.52 | #2913 | | FY 2022-23 | 89.09 | 0.0025% | +31.15% | 1.92% | 493.02 | 0.0086% | +20.71% | 8.62% | −403.93 | #2698 | | FY 2023-24 | 80.25 | 0.0022% | −9.92% | 1.61% | 525.92 | 0.0094% | +6.67% | 8.50% | −445.67 | #2864 | | FY 2024-25 | 115.16 | 0.0031% | +43.50% | 2.03% | 584.84 | 0.0096% | +11.20% | 9.09% | −469.68 | #2482 | - CAGR (7-year): exports 16.48%/yr, imports 7.93%/yr (consistently Deficit) ## Key trade insights: HSN Code 40169320 export-import analysis ### Consistent export growth: 16.48% CAGR over 7 years India's exports under HSN Code 40169320 have grown at a compound annual rate of 16.48% over 7 fiscal years, rising from ₹46.11 Crore in FY 2018-19 to ₹115.16 Crore in FY 2024-25. ### HSN Code 40169320 ranked #2482 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40169320 ranks #2482 out of 12657 HSN codes by total export value. Within Sub-Chapter 4016, it ranks #7 of 23. By trade surplus, it ranks #11857 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 40169320 exports The strongest single-year export movement for HSN Code 40169320 was recorded in FY 2024-25, when exports surged by 43.50% over the prior year. ### India records a trade deficit of ₹469.68 Crore in HSN Code 40169320 goods In FY 2024-25, India's imports of ₹584.84 Cr exceeded exports of ₹115.16 Cr, resulting in a trade deficit of ₹469.68 Crore — ranking #11857 of 12657 by surplus magnitude. ### Import growth of 7.93% CAGR signals stable import dependency for Rubber rings: Gaskets, washers India's imports under HSN Code 40169320 have grown at 7.93% CAGR, reaching ₹584.84 Crore in FY 2024-25. ### HSN Code 40169320 contributes 2.03% of Sub-Chapter 4016 exports — ranked #7 Among the 23 HSN codes under Sub-Chapter 4016, HSN Code 40169320 ranks #7 by export value — accounting for 2.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 9.09% share (rank #4). ## Related HSN Codes in Sub-Chapter 4016 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 40169990: Toy balloons of natural rubber latex](https://busy.in/hsn/hsn-40169990/) | ₹1,815 Cr | | #2 | [HSN Code 40169390: Gaskets, washers and other seals](https://busy.in/hsn/hsn-40169390/) | ₹907 Cr | | #3 | [HSN Code 40169100: Other \| Floor Coverings And Mats](https://busy.in/hsn/hsn-40169100/) | ₹886 Cr | | #4 | [HSN Code 40169980: Other \| Other \| Stoppers](https://busy.in/hsn/hsn-40169980/) | ₹586 Cr | | #5 | [HSN Code 40169330: Rubber seals](https://busy.in/hsn/hsn-40169330/) | ₹436 Cr | | #6 | [HSN Code 40169340: Pickled (Wet Salted) Goat Skins](https://busy.in/hsn/hsn-40169340/) | ₹356 Cr | | #7 | HSN Code 40169320: Rubber rings: Gaskets, washers (this hsn code) | ₹115 Cr | | #8 | [HSN Code 40169960: Rubber Bushes](https://busy.in/hsn/hsn-40169960/) | ₹115 Cr | | #9 | [HSN Code 40169400: Boat or dock fenders](https://busy.in/hsn/hsn-40169400/) | ₹92 Cr | | #10 | [HSN Code 40169910: Other : Other : Rubber cots for textile industry](https://busy.in/hsn/hsn-40169910/) | ₹87 Cr |