HSN Code 40169390: Gaskets, washers and other seals
HSN Code 40169390 represents Gaskets, washers and other seals under GST classification. This code helps businesses identify Gaskets, washers and other seals correctly for billing, taxation, and trade. With HSN Code 40169390, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Gaskets, washers and other seals.
Experience the power of Expert Accounting
Join our guided walkthrough to see how BUSY can transform your business operations.
Description of Goods for HSN Code 40169390
HSN Code 40169390 relates to the following description.
What does HSN Code 40169390 not include?
Gaskets, washers and other seals does not include products with the following descriptions.
Of cellular rubber
Other : Floor coverings and mats
Other : Erasers
Other : Gaskets, washers and other seals : Patches for puncture repair of self- vulcanising rubber or a rubber backing
Other : Gaskets, washers and other seals : Rubber rings (O-ring)
Other : Gaskets, washers and other seals : Rubber seals (Oil seals and the like)
Gaskets
Other : Gaskets, washers and other seals : Washers
Other : Gaskets, washers and other seals : Plugs
Other : Boat or dock fenders, whether or not inflatable
Other : Other inflatable articles: Air mattresses
Other : Other inflatable articles: Other
Other : Other : Rubber cots for textile industry
Rubber bands
Other : Other : Rubber bands
Other : Other : Rubber threads
Other : Other : Rubber blankets
Other : Other : Rubber cushions
Other : Other : Rubber bushes
Other : Other : Ear plug
Other : Other : stoppers
Other : Other : Other (Toy balloons made of natural rubber latex)
Other : Gaskets, washers and other seals : Gaskets
Of cellular rubber
Other : Floor coverings and mats
Other : Erasers
Other : Gaskets, washers and other seals : Patches for puncture repair of self- vulcanising rubber or a rubber backing
Other : Gaskets, washers and other seals : Rubber rings (O-ring)
Other : Gaskets, washers and other seals : Rubber seals (Oil seals and the like)
Gaskets
Other : Gaskets, washers and other seals : Washers
Other : Gaskets, washers and other seals : Plugs
Other : Boat or dock fenders, whether or not inflatable
Other : Other inflatable articles: Air mattresses
Other : Other inflatable articles: Other
Other : Other : Rubber cots for textile industry
Rubber bands
Other : Other : Rubber bands
Other : Other : Rubber threads
Other : Other : Rubber blankets
Other : Other : Rubber cushions
Other : Other : Rubber bushes
Other : Other : Ear plug
Other : Other : stoppers
Other : Other : Other (Toy balloons made of natural rubber latex)
Other : Gaskets, washers and other seals : Gaskets
India’s Trade Performance — HSN Code 40169390 in FY 2024-25
India’s Exports
FY 2024-25₹907 Cr
0.0246% of India’s total exports
India’s Imports
FY 2024-25₹1,682 Cr
0.0277% of India’s total imports
Trade Balance
FY 2024-25−₹775 Cr
Surplus rank #12114 of 12657 HSN codes
% of Sub-Chapter 4016
FY 2024-2516.02%
Share of Sub-Chapter 4016’s total exports in FY 2024-25
Import side: 26.16% of Sub-Chapter 4016’s imports
Rank Within Sub-Chapter 4016
FY 2024-25#2 of 23
Position by export value among HSN codes in Sub-Chapter 4016
Import-side rank: #1 of 23
At a glance
14.77%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#571
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+42.81%
Peak Growth Year
FY 2021-22 · strongest single-year move
16.02%
Contribution to Sub-Ch. 4016
Share of Sub-Chapter 4016 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 40169390
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−551.94
Exports
396.66 ₹ Cr
0.0174% share
— YoY
12.11% of Sub-Ch. 4016
Imports
948.60 ₹ Cr
0.0265% share
— YoY
21.82% of Sub-Ch. 4016
Balance
−448.30
Exports
442.42 ₹ Cr
0.0201% share
+11.54% YoY
13.95% of Sub-Ch. 4016
Imports
890.72 ₹ Cr
0.0266% share
−6.10% YoY
22.92% of Sub-Ch. 4016
Balance
−446.53
Exports
450.04 ₹ Cr
0.0209% share
+1.72% YoY
13.72% of Sub-Ch. 4016
Imports
896.57 ₹ Cr
0.0308% share
+0.66% YoY
22.12% of Sub-Ch. 4016
Balance
−467.17
Exports
642.68 ₹ Cr
0.0205% share
+42.81% YoY
14.43% of Sub-Ch. 4016
Imports
1,109.85 ₹ Cr
0.0243% share
+23.79% YoY
22.41% of Sub-Ch. 4016
Balance
−790.86
Exports
603.89 ₹ Cr
0.0167% share
−6.04% YoY
13.01% of Sub-Ch. 4016
Imports
1,394.75 ₹ Cr
0.0243% share
+25.67% YoY
24.38% of Sub-Ch. 4016
Balance
−978.15
Exports
736.24 ₹ Cr
0.0203% share
+21.92% YoY
14.77% of Sub-Ch. 4016
Imports
1,714.39 ₹ Cr
0.0305% share
+22.92% YoY
27.71% of Sub-Ch. 4016
Balance
−775.26
Exports
906.66 ₹ Cr
0.0246% share
+23.15% YoY
16.02% of Sub-Ch. 4016
Imports
1,681.92 ₹ Cr
0.0277% share
−1.89% YoY
26.16% of Sub-Ch. 4016
CAGR · 7-Year
Exports
14.77% /yr
Imports
10.02% /yr
reference, FY 2024-25
Export
₹5,660.84 Cr
Import
₹6,430.40 Cr
Trade Balance
−769.56
Key Trade Insights: HSN Code 40169390 Export-Import Analysis
Consistent Export Growth: 14.77% CAGR Over 7 Years
India's exports under HSN Code 40169390 have grown at a compound annual rate of 14.77% over 7 fiscal years, rising from ₹396.66 Crore in FY 2018-19 to ₹906.66 Crore in FY 2024-25.
HSN Code 40169390 Ranked #571 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 40169390 ranks #571 out of 12657 HSN codes by total export value. Within Sub-Chapter 4016, it ranks #2 of 23. By trade surplus, it ranks #12114 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 40169390 Exports
The strongest single-year export movement for HSN Code 40169390 was recorded in FY 2021-22, when exports surged by 42.81% over the prior year.
India Records a Trade Deficit of ₹775.26 Crore in HSN Code 40169390 Goods
In FY 2024-25, India's imports of ₹1,681.92 Cr exceeded exports of ₹906.66 Cr, resulting in a trade deficit of ₹775.26 Crore — ranking #12114 of 12657 by surplus magnitude.
Import Growth of 10.02% CAGR Signals Rising Demand for Gaskets, washers and other seals
India's imports under HSN Code 40169390 have grown at 10.02% CAGR, reaching ₹1,681.92 Crore in FY 2024-25.
HSN Code 40169390 Contributes 16.02% of Sub-Chapter 4016 Exports — Ranked #2
Among the 23 HSN codes under Sub-Chapter 4016, HSN Code 40169390 ranks #2 by export value — accounting for 16.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 26.16% share (rank #1).
Stop worrying about
HSN & TAX compliance
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Frequently Asked Questions
Clear answers to common queries about HSN Code 40169390 and GST compliance.
What products are classified under HSN 40169390 ?
It includes Gaskets, washers and other seals
How much GST applies to Gaskets, washers and other seals?
Under HSN 40169390, Gaskets, washers and other seals attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Gaskets, washers and other seals?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Any common misclassification issue with Gaskets, washers and other seals?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Does packaging or labelling change the GST for Gaskets, washers and other seals?
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.
Do e‑way bill and e‑invoice apply for Gaskets, washers and other seals?
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.