--- title: "HSN Code for Rubber Bushes | HSN 40169960 GST Rate" description: "Find HSN and GST Rates for 40169960 related to Rubber Bushes with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-40169960/" --- # HSN Code 40169960: Rubber Bushes - [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 : Other : Rubber bushes | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 40169960 ? It includes Rubber Bushes ### How should mixed supplies be billed when Rubber Bushes is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rubber Bushes; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Rubber Bushes? 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 Rubber Bushes? 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. ### Any common misclassification issue with Rubber Bushes? 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 Bushes? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 40169960 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹115 Cr (+17.98% YoY) — 0.0031% of India's total exports - Imports: ₹95 Cr (−7.18% YoY) — 0.0016% of India's total imports - Trade balance: ₹19 Cr (Surplus); surplus rank #2836 of 12657 HSN codes - Share of Sub-Chapter 4016: 2.03% of its exports; import side 1.48% - Rank within Sub-Chapter 4016: #8 of 23 by export value; import-side #9 ### Key metrics - Export CAGR: 10.92% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2484 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +47.49% in FY 2021-22 - Contribution to Sub-Ch. 4016: 2.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 40169960 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 | 61.64 | 0.0027% | — | 1.88% | 67.50 | 0.0019% | — | 1.55% | −5.86 | #2582 | | FY 2019-20 | 60.04 | 0.0027% | −2.60% | 1.89% | 53.09 | 0.0016% | −21.35% | 1.37% | +6.95 | #2638 | | FY 2020-21 | 51.78 | 0.0024% | −13.76% | 1.58% | 61.24 | 0.0021% | +15.35% | 1.51% | −9.46 | #2878 | | FY 2021-22 | 76.37 | 0.0024% | +47.49% | 1.72% | 74.27 | 0.0016% | +21.28% | 1.50% | +2.10 | #2768 | | FY 2022-23 | 87.88 | 0.0024% | +15.07% | 1.89% | 93.12 | 0.0016% | +25.38% | 1.63% | −5.24 | #2721 | | FY 2023-24 | 97.32 | 0.0027% | +10.74% | 1.95% | 102.71 | 0.0018% | +10.30% | 1.66% | −5.39 | #2613 | | FY 2024-25 | 114.82 | 0.0031% | +17.98% | 2.03% | 95.34 | 0.0016% | −7.18% | 1.48% | +19.48 | #2484 | - CAGR (7-year): exports 10.92%/yr, imports 5.92%/yr (consistently Surplus) ## Key trade insights: HSN Code 40169960 export-import analysis ### Consistent export growth: 10.92% CAGR over 7 years India's exports under HSN Code 40169960 have grown at a compound annual rate of 10.92% over 7 fiscal years, rising from ₹61.64 Crore in FY 2018-19 to ₹114.82 Crore in FY 2024-25. ### HSN Code 40169960 ranked #2484 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 40169960 ranks #2484 out of 12657 HSN codes by total export value. Within Sub-Chapter 4016, it ranks #8 of 23. By trade surplus, it ranks #2836 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 40169960 exports The strongest single-year export movement for HSN Code 40169960 was recorded in FY 2021-22, when exports surged by 47.49% over the prior year. ### India maintains a trade surplus of ₹19.48 Crore in HSN Code 40169960 goods In FY 2024-25, India's exports of ₹114.82 Cr exceeded imports of ₹95.34 Cr, resulting in a trade surplus of ₹19.48 Crore — ranking #2836 of 12657 by surplus magnitude. ### Import growth of 5.92% CAGR signals stable import dependency for Rubber Bushes India's imports under HSN Code 40169960 have grown at 5.92% CAGR, reaching ₹95.34 Crore in FY 2024-25. ### HSN Code 40169960 contributes 2.03% of Sub-Chapter 4016 exports — ranked #8 Among the 23 HSN codes under Sub-Chapter 4016, HSN Code 40169960 ranks #8 by export value — accounting for 2.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.48% share (rank #9). ## 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](https://busy.in/hsn/hsn-40169320/) | ₹115 Cr | | #8 | HSN Code 40169960: Rubber Bushes (this hsn code) | ₹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 |