Consistent Export Growth: 27.12% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4004 have grown at a compound annual rate of 27.12% over 7 fiscal years, rising from ₹7.23 Crore in FY 2018-19 to ₹30.51 Crore in FY 2024-25.
HSN Sub Chapter 4004 represents Waste, Rubber Scrap, Powders, Granules under GST classification. This code helps businesses identify Waste, Rubber Scrap, Powders, Granules correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4004, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Waste, Rubber Scrap, Powders, Granules.
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GST Rate for Waste, Rubber Scrap, Powders, Granules under HSN Code 4004. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Waste, Rubber Scrap, Powders, Granules.
Tariff HSN
Description
Waste, parings and scrap of rubber (other than hard rubber) and powders and granules obtained therefrom (Waste, parings or scrap of rubber )
Tariff HSN
Description
Waste, parings and scrap of rubber (other than hard rubber) and powders and granules obtained therefrom(Powders and granules obtained from waste, parings and scrap of rubber (other than hard rubber))
Tariff HSN
Description
Powders and granules obtained from waste, parings and scrap of rubber (other than hard rubber)
India’s Exports
FY 2024-25₹31 Cr
0.0008% of India’s total exports
India’s Imports
FY 2024-25₹1,799 Cr
0.0295% of India’s total imports
Trade Balance
FY 2024-25−₹1,768 Cr
Surplus rank #1018 of 1233 subchapters
% of Chapter 40
FY 2024-250.07%
Share of Chapter 40’s total exports in FY 2024-25
Import side: 4.59% of Chapter 40’s imports
Rank Within Chapter 40
FY 2024-25#16 of 17
Position by export value among subchapters in Chapter 40
Import-side rank: #5 of 17
At a glance
27.12%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#963
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+156.13%
Peak Growth Year
FY 2021-22 · strongest single-year move
0.07%
Contribution to Ch. 40
Share of Chapter 40 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−292.18
Exports
7.23 ₹ Cr
0.0003% share
— YoY
0.03% of Ch. 40
Imports
299.41 ₹ Cr
0.0083% share
— YoY
1.15% of Ch. 40
Balance
−241.54
Exports
13.99 ₹ Cr
0.0006% share
+93.50% YoY
0.06% of Ch. 40
Imports
255.53 ₹ Cr
0.0076% share
−14.66% YoY
1.16% of Ch. 40
Balance
−98.34
Exports
8.00 ₹ Cr
0.0004% share
−42.82% YoY
0.03% of Ch. 40
Imports
106.34 ₹ Cr
0.0036% share
−58.38% YoY
0.49% of Ch. 40
Balance
−318.60
Exports
20.49 ₹ Cr
0.0007% share
+156.13% YoY
0.06% of Ch. 40
Imports
339.09 ₹ Cr
0.0074% share
+218.87% YoY
1.10% of Ch. 40
Balance
−962.56
Exports
21.47 ₹ Cr
0.0006% share
+4.78% YoY
0.06% of Ch. 40
Imports
984.03 ₹ Cr
0.0171% share
+190.20% YoY
2.94% of Ch. 40
Balance
−1,258.17
Exports
20.13 ₹ Cr
0.0006% share
−6.24% YoY
0.05% of Ch. 40
Imports
1,278.30 ₹ Cr
0.0228% share
+29.90% YoY
3.94% of Ch. 40
Balance
−1,768.05
Exports
30.51 ₹ Cr
0.0008% share
+51.56% YoY
0.07% of Ch. 40
Imports
1,798.56 ₹ Cr
0.0295% share
+40.70% YoY
4.59% of Ch. 40
CAGR · 7-Year
Exports
27.12% /yr
Imports
34.83% /yr
reference, FY 2024-25
Export
₹41,134.43 Cr
Import
₹39,165.11 Cr
Trade Balance
+1,969.32
India's exports under HSN Sub-Chapter 4004 have grown at a compound annual rate of 27.12% over 7 fiscal years, rising from ₹7.23 Crore in FY 2018-19 to ₹30.51 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4004 ranks #963 out of 1233 subchapters by total export value. Within Chapter 40, it ranks #16 of 17. By trade surplus, it ranks #1018 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4004 was recorded in FY 2021-22, when exports surged by 156.13% over the prior year.
In FY 2024-25, India's imports of ₹1,798.56 Cr exceeded exports of ₹30.51 Cr, resulting in a trade deficit of ₹1,768.05 Crore — ranking #1018 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4004 have grown at 34.83% CAGR, reaching ₹1,798.56 Crore in FY 2024-25.
Among the 17 subchapters under Chapter 40, HSN Sub-Chapter 4004 ranks #16 by export value — accounting for 0.07% of the chapter's total exports in FY 2024-25. On the import side, it holds 4.59% share (rank #5).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 4004 and GST compliance.
It includes Waste, Rubber Scrap, Powders, Granules
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Waste, Rubber Scrap, Powders, Granules 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.
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.
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.
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.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.