---
title: "HSN Code for Toy balloons of natural rubber latex | HSN 40169990 GST Rate"
description: "Find HSN and GST Rates for 40169990 related to Toy balloons of natural rubber latex with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-40169990/"
---

# HSN Code 40169990: Toy balloons of natural rubber latex

- [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 : Other (Toy balloons made of natural rubber latex) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 40169990 ?

It includes Toy balloons of natural rubber latex

### Can we claim ITC on inputs used to trade Toy balloons of natural rubber latex?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

### Does packaging or labelling change the GST for Toy balloons of natural rubber latex?

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 Toy balloons of natural rubber latex?

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 Toy balloons of natural rubber latex?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### How should mixed supplies be billed when Toy balloons of natural rubber latex is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Toy balloons of natural rubber latex; Nil for exempt items if applicable).

### How much GST applies to Toy balloons of natural rubber latex?

Under HSN 40169990, Toy balloons of natural rubber latex attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 40169990 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1,815 Cr (+6.30% YoY) — 0.0493% of India's total exports
- Imports: ₹1,578 Cr (+3.57% YoY) — 0.0260% of India's total imports
- Trade balance: ₹237 Cr (Surplus); surplus rank #1042 of 12657 HSN codes
- Share of Sub-Chapter 4016: 32.06% of its exports; import side 24.54%
- Rank within Sub-Chapter 4016: #1 of 23 by export value; import-side #2

### Key metrics

- Export CAGR: 7.77% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #310 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +40.79% in FY 2021-22
- Contribution to Sub-Ch. 4016: 32.06% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 40169990

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 | 1,158.22 | 0.0507% | — | 35.35% | 1,221.62 | 0.0341% | — | 28.09% | −63.40 | #283 |
| FY 2019-20 | 1,003.83 | 0.0456% | −13.33% | 31.65% | 1,102.90 | 0.0329% | −9.72% | 28.37% | −99.07 | #328 |
| FY 2020-21 | 1,011.98 | 0.0471% | +0.81% | 30.85% | 1,021.91 | 0.0351% | −7.34% | 25.22% | −9.93 | #351 |
| FY 2021-22 | 1,424.75 | 0.0454% | +40.79% | 32.00% | 1,377.52 | 0.0301% | +34.80% | 27.81% | +47.23 | #342 |
| FY 2022-23 | 1,524.17 | 0.0421% | +6.98% | 32.84% | 1,467.03 | 0.0255% | +6.50% | 25.65% | +57.14 | #333 |
| FY 2023-24 | 1,707.46 | 0.0472% | +12.03% | 34.25% | 1,523.36 | 0.0271% | +3.84% | 24.63% | +184.10 | #298 |
| FY 2024-25 | 1,815.08 | 0.0493% | +6.30% | 32.06% | 1,577.74 | 0.0260% | +3.57% | 24.54% | +237.34 | #310 |

- CAGR (7-year): exports 7.77%/yr, imports 4.36%/yr (consistently Surplus)

## Key trade insights: HSN Code 40169990 export-import analysis

### Consistent export growth: 7.77% CAGR over 7 years

India's exports under HSN Code 40169990 have grown at a compound annual rate of 7.77% over 7 fiscal years, rising from ₹1,158.22 Crore in FY 2018-19 to ₹1,815.08 Crore in FY 2024-25.

### HSN Code 40169990 ranked #310 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 40169990 ranks #310 out of 12657 HSN codes by total export value. Within Sub-Chapter 4016, it ranks #1 of 23. By trade surplus, it ranks #1042 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 40169990 exports

The strongest single-year export movement for HSN Code 40169990 was recorded in FY 2021-22, when exports surged by 40.79% over the prior year.

### India maintains a trade surplus of ₹237.34 Crore in HSN Code 40169990 goods

In FY 2024-25, India's exports of ₹1,815.08 Cr exceeded imports of ₹1,577.74 Cr, resulting in a trade surplus of ₹237.34 Crore — ranking #1042 of 12657 by surplus magnitude.

### Import growth of 4.36% CAGR signals stable import dependency for Toy balloons of natural rubber latex

India's imports under HSN Code 40169990 have grown at 4.36% CAGR, reaching ₹1,577.74 Crore in FY 2024-25.

### HSN Code 40169990 contributes 32.06% of Sub-Chapter 4016 exports — ranked #1

Among the 23 HSN codes under Sub-Chapter 4016, HSN Code 40169990 ranks #1 by export value — accounting for 32.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 24.54% share (rank #2).

## 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 (this hsn code) | ₹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](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 |