4002 HSN Code: Synthetic rubber in primary forms

HSN Sub Chapter 4002 represents Synthetic rubber in primary forms under GST classification. This code helps businesses identify Synthetic rubber in primary forms correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4002, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Synthetic rubber in primary forms.

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New GST Rate for HSN Code 4002

GST Rate for Synthetic rubber in primary forms under HSN Code 4002. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

40

HSN Code

4002

HSN Description

Synthetic rubber and factice derived form oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 4001 with any product of this heading, in primary forms or in plates, sheets or strip

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 4002

Following tariff HSN codes fall under Synthetic rubber in primary forms.

Tariff HSN

40021100

Description

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Latex

Tariff HSN

40021910

Description

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Oil extended styrene butadiene rubber

Tariff HSN

40021920

Description

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Styrene butadiene rubber with styrene content exceeding 50%

Tariff HSN

40021930

Description

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Styrene butadiene styrene oil bound copolymer

Tariff HSN

40021990

Description

Styrene-butadiene rubber (SBR); carboxylated styrene-butadiene rubber (XSBR) : Other : Other

Tariff HSN

40022000

Description

Butadiene rubber (BR)

Tariff HSN

40023100

Description

Isobutene-isoprene (butyl) rubber (IIR); halo-isobutene-isoprene rubber (CIIR or BIIR) : Isobutene-isoprene (butyl) rubber (IIR)

Tariff HSN

40023900

Description

Isobutene-isoprene (butyl) rubber (IIR); halo-isobutene-isoprene rubber (CIIR or BIIR) : Other

Tariff HSN

40024100

Description

Chlorprene (Chlorobutadiene) rubber (CR) : Latex

Tariff HSN

40024900

Description

Chlorprene (Chlorobutadiene) rubber (CR) : Other

Tariff HSN

40025100

Description

Acrylonitrile-butadiene rubber (NBR) : Latex

Tariff HSN

40025900

Description

Acrylonitrile-butadiene rubber (NBR) : Other

Tariff HSN

40026000

Description

Isoprene rubber (IR)

Tariff HSN

40027000

Description

Ethylene-propylene-non-conjugated diene rubber (EPDM)

Tariff HSN

40028010

Description

Mixtures of any product of heading 40 01 with any product of this heading : Latex

Tariff HSN

40028020

Description

Mixtures of any product of heading 40 01 with any product of this heading : Chemically modified form of natural rubber including graft rubber

Tariff HSN

40028090

Description

Mixtures of any product of heading 40 01 with any product of this heading : Other

Tariff HSN

40029100

Description

Other : Latex

Tariff HSN

40029910

Description

Other : Other : Factice (rubber substitute derived from oil)

Tariff HSN

40029920

Description

Other : Other : Tread rubber compound, cushion compound, cushion gum and tread gum for resoling or repairing or retreading rubber tyres

Tariff HSN

40029990

Description

Other : Other : Other

India’s Trade Performance — HSN Sub-Chapter 4002 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

₹1,382 Cr

+26.00% vs FY 2023-24

0.0373% of India’s total exports

India’s Imports

FY 2024-25

₹11,779 Cr

+19.46% vs FY 2023-24

0.1932% of India’s total imports

Trade Balance

FY 2024-25

−₹10,397 Cr

Trade Deficit

Surplus rank #1154 of 1233 subchapters

% of Chapter 40

FY 2024-25

3.36%

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

Import side: 30.08% of Chapter 40’s imports

Rank Within Chapter 40

FY 2024-25

#5 of 17

Position by export value among subchapters in Chapter 40

Import-side rank: #1 of 17

At a glance

11.00%

Export CAGR

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

#333

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+39.10%

Peak Growth Year

FY 2021-22 · strongest single-year move

3.36%

Contribution to Ch. 40

Share of Chapter 40 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4002

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 #343

Balance

−7,157.32

Exports

738.71 ₹ Cr

0.0322% share

— YoY

3.30% of Ch. 40

Imports

7,896.03 ₹ Cr

0.2199% share

— YoY

30.39% of Ch. 40

FY 2019-20 Exp. Rank #338

Balance

−5,319.80

Exports

758.95 ₹ Cr

0.0344% share

+2.74% YoY

3.39% of Ch. 40

Imports

6,078.75 ₹ Cr

0.1812% share

−23.02% YoY

27.53% of Ch. 40

FY 2020-21 Exp. Rank #343

Balance

−5,448.17

Exports

820.59 ₹ Cr

0.0382% share

+8.12% YoY

3.41% of Ch. 40

Imports

6,268.76 ₹ Cr

0.2151% share

+3.13% YoY

29.12% of Ch. 40

FY 2021-22 Exp. Rank #341

Balance

−8,012.87

Exports

1,141.48 ₹ Cr

0.0364% share

+39.10% YoY

3.30% of Ch. 40

Imports

9,154.35 ₹ Cr

0.2003% share

+46.03% YoY

29.70% of Ch. 40

FY 2022-23 Exp. Rank #386

Balance

−10,157.35

Exports

964.02 ₹ Cr

0.0266% share

−15.55% YoY

2.56% of Ch. 40

Imports

11,121.37 ₹ Cr

0.1934% share

+21.49% YoY

33.21% of Ch. 40

FY 2023-24 Exp. Rank #369

Balance

−8,763.83

Exports

1,096.81 ₹ Cr

0.0303% share

+13.77% YoY

2.89% of Ch. 40

Imports

9,860.64 ₹ Cr

0.1756% share

−11.34% YoY

30.43% of Ch. 40

FY 2024-25 Exp. Rank #333

Balance

−10,397.33

Exports

1,382.02 ₹ Cr

0.0373% share

+26.00% YoY

3.36% of Ch. 40

Imports

11,779.35 ₹ Cr

0.1932% share

+19.46% YoY

30.08% of Ch. 40

CAGR · 7-Year

Exports

11.00% /yr

Imports

6.89% /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 4002 Export-Import Analysis

Consistent Export Growth: 11.00% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4002 have grown at a compound annual rate of 11.00% over 7 fiscal years, rising from ₹738.71 Crore in FY 2018-19 to ₹1,382.02 Crore in FY 2024-25.

HSN Sub-Chapter 4002 Ranked #333 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4002 ranks #333 out of 1233 subchapters by total export value. Within Chapter 40, it ranks #5 of 17. By trade surplus, it ranks #1154 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 4002 Exports

The strongest single-year export movement for HSN Sub-Chapter 4002 was recorded in FY 2021-22, when exports surged by 39.10% over the prior year.

India Records a Trade Deficit of ₹10,397.33 Crore in HSN Sub-Chapter 4002 Goods

In FY 2024-25, India's imports of ₹11,779.35 Cr exceeded exports of ₹1,382.02 Cr, resulting in a trade deficit of ₹10,397.33 Crore — ranking #1154 of 1233 by surplus magnitude.

Import Growth of 6.89% CAGR Signals Stable Import Dependency for Synthetic rubber in primary forms

India's imports under HSN Sub-Chapter 4002 have grown at 6.89% CAGR, reaching ₹11,779.35 Crore in FY 2024-25.

HSN Sub-Chapter 4002 Contributes 3.36% of Chapter 40 Exports — Ranked #5

Among the 17 subchapters under Chapter 40, HSN Sub-Chapter 4002 ranks #5 by export value — accounting for 3.36% of the chapter's total exports in FY 2024-25. On the import side, it holds 30.08% share (rank #1).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4002 and GST compliance.

What products are classified under HSN 4002

It includes Synthetic rubber in primary forms

If I repair and return Synthetic rubber in primary forms, how should I charge GST?

Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.

Does packaging or branding change how GST applies to Synthetic rubber in primary forms?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Synthetic rubber in primary forms 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.

Any import/export nuance for Synthetic rubber in primary forms?

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.

How do I bill a kit or combo that includes Synthetic rubber in primary forms?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

What should my invoice and records include for Synthetic rubber in primary forms?

Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.

Does MRP, weight or pack size change GST treatment for Synthetic rubber in primary forms?

Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.

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.

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