HSN Code 40169990: Toy balloons of natural rubber latex

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.

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Description of Goods for HSN Code 40169990

HSN Code 40169990 relates to the following description.

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

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 40169990 not include?

Toy balloons of natural rubber latex does not include products with the following descriptions.

HSN Code 40169310

Other : Gaskets, washers and other seals : Patches for puncture repair of self- vulcanising rubber or a rubber backing

HSN Code 40169330

Other : Gaskets, washers and other seals : Rubber seals (Oil seals and the like)

India’s Trade Performance — HSN Code 40169990 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1,815 Cr

+6.30% vs FY 2023-24

0.0493% of India’s total exports

India’s Imports

FY 2024-25

₹1,578 Cr

+3.57% vs FY 2023-24

0.0260% of India’s total imports

Trade Balance

FY 2024-25

₹237 Cr

Trade Surplus

Surplus rank #1042 of 12657 HSN codes

% of Sub-Chapter 4016

FY 2024-25

32.06%

Share of Sub-Chapter 4016’s total exports in FY 2024-25

Import side: 24.54% of Sub-Chapter 4016’s imports

Rank Within Sub-Chapter 4016

FY 2024-25

#1 of 23

Position by export value among HSN codes in Sub-Chapter 4016

Import-side rank: #2 of 23

At a glance

7.77%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#310

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+40.79%

Peak Growth Year

FY 2021-22 · strongest single-year move

32.06%

Contribution to Sub-Ch. 4016

Share of Sub-Chapter 4016 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #283

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

FY 2019-20 Exp. Rank #328

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

FY 2020-21 Exp. Rank #351

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

FY 2021-22 Exp. Rank #342

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

FY 2022-23 Exp. Rank #333

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

FY 2023-24 Exp. Rank #298

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

FY 2024-25 Exp. Rank #310

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

CAGR · 7-Year

Exports

7.77% /yr

Imports

4.36% /yr

Consistently Surplus
Sub-Chapter 4016 total

reference, FY 2024-25

Export

₹5,660.84 Cr

Import

₹6,430.40 Cr

Trade Balance

−769.56

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 40169990 and GST compliance.

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.