HSN Code 40169990 represents Toy balloons of natural rubber latex under GST classification. This code helps businesses identify Toy balloons of natural rubber latex correctly for billing, taxation, and trade. With HSN Code 40169990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Toy balloons of natural rubber latex.
Manage correct HSN codes and GST rates with BUSY.
HSN Code 40169990 relates to the following description.
Rubber and articles thereof
Other articles of vulcanised rubber other than hard rubber
Other : Other : Other (Toy balloons made of natural rubber latex)
2.5% or 9%
2.5% or 9%
5% or 18%
0%
5% for toy balloons of natural rubber latex (taxed as toys, heading 9503); 18% for other articles of vulcanised rubber.
Description of Goods
Other : Other : Other (Toy balloons made of natural rubber latex)
Chapter
40 - Rubber and articles thereof
Sub Chapter
4016 - Other articles of vulcanised rubber other than hard rubber
CGST
2.5% or 9%
SGST
2.5% or 9%
IGST
5% or 18%
CESS
0%
5% for toy balloons of natural rubber latex (taxed as toys, heading 9503); 18% for other articles of vulcanised rubber.
Toy balloons of natural rubber latex 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 than erasers, rubber bands
Other : Gaskets, washers and other seals : Other
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
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 than erasers, rubber bands
Other : Gaskets, washers and other seals : Other
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
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
India’s Exports
FY 2025-26₹1,944 Cr
0.0498% of India’s total exports
India’s Imports
FY 2025-26₹1,692 Cr
0.0247% of India’s total imports
Trade Balance
FY 2025-26₹253 Cr
Surplus rank #1057 of 12872 HSN codes
% of Sub-Chapter 4016
FY 2025-2630.56%
Share of Sub-Chapter 4016’s total exports in FY 2025-26
Import side: 22.99% of Sub-Chapter 4016’s imports
Rank Within Sub-Chapter 4016
FY 2025-26#1 of 22
Position by export value among HSN codes in Sub-Chapter 4016
Import-side rank: #2 of 22
At a glance
7.68%
Export CAGR
FY 2018-19 → FY 2025-26 · 8 fiscal years
#312
National Export Rank
of 12872 HSN codes by export value, FY 2025-26
+40.79%
Peak Growth Year
FY 2021-22 · strongest single-year move
30.56%
Contribution to Sub-Ch. 4016
Share of Sub-Chapter 4016 exports in FY 2025-26
8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−63.40
Exports
1,158.22 ₹ Cr
0.0507% share
— YoY
35.35% of Sub-Ch. 4016
Imports
1,221.62 ₹ Cr
0.0341% share
— YoY
28.09% of Sub-Ch. 4016
Balance
−99.07
Exports
1,003.83 ₹ Cr
0.0456% share
−13.33% YoY
31.65% of Sub-Ch. 4016
Imports
1,102.90 ₹ Cr
0.0329% share
−9.72% YoY
28.37% of Sub-Ch. 4016
Balance
−9.93
Exports
1,011.98 ₹ Cr
0.0471% share
+0.81% YoY
30.85% of Sub-Ch. 4016
Imports
1,021.91 ₹ Cr
0.0351% share
−7.34% YoY
25.22% of Sub-Ch. 4016
Balance
+47.23
Exports
1,424.75 ₹ Cr
0.0454% share
+40.79% YoY
32.00% of Sub-Ch. 4016
Imports
1,377.52 ₹ Cr
0.0301% share
+34.80% YoY
27.81% of Sub-Ch. 4016
Balance
+57.14
Exports
1,524.17 ₹ Cr
0.0421% share
+6.98% YoY
32.84% of Sub-Ch. 4016
Imports
1,467.03 ₹ Cr
0.0255% share
+6.50% YoY
25.65% of Sub-Ch. 4016
Balance
+184.10
Exports
1,707.46 ₹ Cr
0.0472% share
+12.03% YoY
34.25% of Sub-Ch. 4016
Imports
1,523.36 ₹ Cr
0.0271% share
+3.84% YoY
24.63% of Sub-Ch. 4016
Balance
+237.34
Exports
1,815.08 ₹ Cr
0.0493% share
+6.30% YoY
32.06% of Sub-Ch. 4016
Imports
1,577.74 ₹ Cr
0.0260% share
+3.57% YoY
24.54% of Sub-Ch. 4016
Balance
+252.62
Exports
1,944.44 ₹ Cr
0.0498% share
+7.13% YoY
30.56% of Sub-Ch. 4016
Imports
1,691.82 ₹ Cr
0.0247% share
+7.23% YoY
22.99% of Sub-Ch. 4016
CAGR · 8-Year
Exports
7.68% /yr
Imports
4.76% /yr
reference, FY 2025-26
Export
₹6,362.77 Cr
Import
₹7,359.55 Cr
Trade Balance
−996.78
India's exports under HSN Code 40169990 have grown at a compound annual rate of 7.68% over 8 fiscal years, rising from ₹1,158.22 Crore in FY 2018-19 to ₹1,944.44 Crore in FY 2025-26.
In FY 2025-26, HSN Code 40169990 ranks #312 out of 12872 HSN codes by total export value. Within Sub-Chapter 4016, it ranks #1 of 22. By trade surplus, it ranks #1057 of 12872.
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.
In FY 2025-26, India's exports of ₹1,944.44 Cr exceeded imports of ₹1,691.82 Cr, resulting in a trade surplus of ₹252.62 Crore — ranking #1057 of 12872 by surplus magnitude.
India's imports under HSN Code 40169990 have grown at 4.76% CAGR, reaching ₹1,691.82 Crore in FY 2025-26.
Among the 22 HSN codes under Sub-Chapter 4016, HSN Code 40169990 ranks #1 by export value — accounting for 30.56% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 22.99% share (rank #2).
Clear answers to common queries about HSN Code 40169990 and GST compliance.
It includes 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.
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.
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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).
Under HSN 40169990, Toy balloons of natural rubber latex attracts Varies when sold in taxable form. Describe the exact form on the invoice.