4001 HSN Code: Natural rubber & similar gums

HSN Sub Chapter 4001 represents Natural rubber & similar gums under GST classification. This code helps businesses identify Natural rubber & similar gums correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4001, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural rubber & similar gums.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

New GST Rate for HSN Code 4001

GST Rate for Natural rubber & similar gums under HSN Code 4001. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

40

HSN Code

4001

HSN Description

Natural rubber, balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip

New GST Rate

12 %
Standard

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 4001

Following tariff HSN codes fall under Natural rubber & similar gums.

Tariff HSN

40011010

Description

Natural rubber latex, whether or not pre-vulcanised : Prevulcanised

Tariff HSN

40011020

Description

Natural rubber latex, whether or not pre-vulcanised : Other than prevulcanised

Tariff HSN

40012100

Description

Natural rubber in other forms : Smoked sheets

Tariff HSN

40012200

Description

Natural rubber in other forms : Technically specified natural rubber (TSNR)

Tariff HSN

40012910

Description

Natural rubber in other forms : Other : Hevea

Tariff HSN

40012920

Description

Natural rubber in other forms : Other : Pale crepe

Tariff HSN

40012930

Description

Natural rubber in other forms : Other : Estate brown crepe

Tariff HSN

40012940

Description

Natural rubber in other forms : Other : Oil extended natural rubber

Tariff HSN

40012990

Description

Natural rubber in other forms : Other : Other

Tariff HSN

40013000

Description

Balata, gutta-percha, guayule, chicle and similar natural gums

India’s Trade Performance — HSN Sub-Chapter 4001 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

₹75 Cr

+36.13% vs FY 2023-24

0.0020% of India’s total exports

India’s Imports

FY 2024-25

₹9,021 Cr

+47.44% vs FY 2023-24

0.1479% of India’s total imports

Trade Balance

FY 2024-25

−₹8,946 Cr

Trade Deficit

Surplus rank #1148 of 1233 subchapters

% of Chapter 40

FY 2024-25

0.18%

Share of Chapter 40’s total exports in FY 2024-25

Import side: 23.03% of Chapter 40’s imports

Rank Within Chapter 40

FY 2024-25

#14 of 17

Position by export value among subchapters in Chapter 40

Import-side rank: #2 of 17

At a glance

−0.50%

Export CAGR

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

#856

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+99.84%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.18%

Contribution to Ch. 40

Share of Chapter 40 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4001

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 #757

Balance

−6,050.38

Exports

77.28 ₹ Cr

0.0034% share

— YoY

0.34% of Ch. 40

Imports

6,127.66 ₹ Cr

0.1706% share

— YoY

23.59% of Ch. 40

FY 2019-20 Exp. Rank #642

Balance

−4,772.18

Exports

154.44 ₹ Cr

0.0070% share

+99.84% YoY

0.69% of Ch. 40

Imports

4,926.62 ₹ Cr

0.1469% share

−19.60% YoY

22.31% of Ch. 40

FY 2020-21 Exp. Rank #684

Balance

−4,496.47

Exports

123.29 ₹ Cr

0.0057% share

−20.17% YoY

0.51% of Ch. 40

Imports

4,619.76 ₹ Cr

0.1585% share

−6.23% YoY

21.46% of Ch. 40

FY 2021-22 Exp. Rank #872

Balance

−7,648.88

Exports

53.81 ₹ Cr

0.0017% share

−56.35% YoY

0.16% of Ch. 40

Imports

7,702.69 ₹ Cr

0.1685% share

+66.73% YoY

24.99% of Ch. 40

FY 2022-23 Exp. Rank #885

Balance

−7,462.64

Exports

51.55 ₹ Cr

0.0014% share

−4.20% YoY

0.14% of Ch. 40

Imports

7,514.19 ₹ Cr

0.1307% share

−2.45% YoY

22.44% of Ch. 40

FY 2023-24 Exp. Rank #895

Balance

−6,063.35

Exports

55.10 ₹ Cr

0.0015% share

+6.89% YoY

0.15% of Ch. 40

Imports

6,118.45 ₹ Cr

0.1089% share

−18.57% YoY

18.88% of Ch. 40

FY 2024-25 Exp. Rank #856

Balance

−8,946.25

Exports

75.01 ₹ Cr

0.0020% share

+36.13% YoY

0.18% of Ch. 40

Imports

9,021.26 ₹ Cr

0.1479% share

+47.44% YoY

23.03% of Ch. 40

CAGR · 7-Year

Exports

−0.50% /yr

Imports

6.66% /yr

Consistently Deficit
Chapter 40 total

reference, FY 2024-25

Export

₹41,134.43 Cr

Import

₹39,165.11 Cr

Trade Balance

+1,969.32

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

Key Trade Insights: HSN Sub-Chapter 4001 Export-Import Analysis

Export Decline: −0.50% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4001 have declined at a compound annual rate of −0.50% over 7 fiscal years, falling from ₹77.28 Crore in FY 2018-19 to ₹75.01 Crore in FY 2024-25.

HSN Sub-Chapter 4001 Ranked #856 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4001 ranks #856 out of 1233 subchapters by total export value. Within Chapter 40, it ranks #14 of 17. By trade surplus, it ranks #1148 of 1233.

FY 2019-20 Was the Strongest Growth Year for HSN Sub-Chapter 4001 Exports

The strongest single-year export movement for HSN Sub-Chapter 4001 was recorded in FY 2019-20, when exports surged by 99.84% over the prior year.

India Records a Trade Deficit of ₹8,946.25 Crore in HSN Sub-Chapter 4001 Goods

In FY 2024-25, India's imports of ₹9,021.26 Cr exceeded exports of ₹75.01 Cr, resulting in a trade deficit of ₹8,946.25 Crore — ranking #1148 of 1233 by surplus magnitude.

Import Growth of 6.66% CAGR Signals Stable Import Dependency for Natural rubber & similar gums

India's imports under HSN Sub-Chapter 4001 have grown at 6.66% CAGR, reaching ₹9,021.26 Crore in FY 2024-25.

HSN Sub-Chapter 4001 Contributes 0.18% of Chapter 40 Exports — Ranked #14

Among the 17 subchapters under Chapter 40, HSN Sub-Chapter 4001 ranks #14 by export value — accounting for 0.18% of the chapter's total exports in FY 2024-25. On the import side, it holds 23.03% share (rank #2).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4001 and GST compliance.

What products are classified under HSN 4001

It includes Natural rubber & similar gums

Any import/export nuance for Natural rubber & similar gums?

Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.

Does packaging or branding change how GST applies to Natural rubber & similar gums?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Natural rubber & similar gums is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

What misclassification mistakes happen with Natural rubber & similar gums?

Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.

Can reverse charge ever apply to transactions involving Natural rubber & similar gums?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Natural rubber & similar gums are forward charge. Check the current notifications for any special cases before deciding.

Is the composition scheme suitable if I mainly trade Natural rubber & similar gums?

The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.

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.

Explore More HSN Codes from Chapter 40