4008 HSN Code: Rubber sheets & strips

HSN Sub Chapter 4008 represents Rubber sheets & strips under GST classification. This code helps businesses identify Rubber sheets & strips correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4008, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Rubber sheets & strips.

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New GST Rate for HSN Code 4008

GST Rate for Rubber sheets & strips under HSN Code 4008. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

40

HSN Code

HSN Description

Plates, sheets, strip, rods and profile shapes, of vulcanised rubber other than hard rubber

New GST Rate

12 %
Standard

Old GST Rate

12 %

Tariff HSN Codes under HSN Sub Chapter 4008

Following tariff HSN codes fall under Rubber sheets & strips.

Tariff HSN

Description

Of cellular rubber : Plates, sheets and strip : Of micro-cellular rubber

Tariff HSN

Description

Of cellular rubber : Plates, sheets and strip : Other

Tariff HSN

Description

Of cellular rubber : Other : Blocks of micro-cellular rubber but not of latex foam sponge, used in the manufacture of soles, heels or soles and heels combined, for footwear

Tariff HSN

Description

Of cellular rubber : Other : Other

Tariff HSN

Description

Of non-cellular rubber: Plates, sheets and strip : Used in the manufacture of soles, heels or soles and heels combined, for footwear

Tariff HSN

Description

Of non-cellular rubber: Plates, sheets and strip : For resoling or repairing or retreading rubber tyres

Tariff HSN

Description

Of non-cellular rubber: Plates, sheets and strip : Other

Tariff HSN

Description

Of non-cellular rubber: Other : Rubber sheets and resin rubber sheets for soles and heels

Tariff HSN

Description

Of non-cellular rubber: Other : Blocks used in the manufacture of soles, heels or soles and heels combined, for footwear

Tariff HSN

Description

Of non-cellular rubber: Other : Latex foam sponge

Tariff HSN

Description

Of non-cellular rubber: Other : Tread rubber and tread packing strip for resoling or repairing or retreading rubber tyres

Tariff HSN

Description

Of non-cellular rubber: Other : Other

India’s Trade Performance — HSN Sub-Chapter 4008 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

₹1,124 Cr

+14.04% vs FY 2023-24

0.0304% of India’s total exports

India’s Imports

FY 2024-25

₹397 Cr

+26.83% vs FY 2023-24

0.0065% of India’s total imports

Trade Balance

FY 2024-25

₹727 Cr

Trade Surplus

Surplus rank #217 of 1233 subchapters

% of Chapter 40

FY 2024-25

2.73%

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

Import side: 1.01% of Chapter 40’s imports

Rank Within Chapter 40

FY 2024-25

#6 of 17

Position by export value among subchapters in Chapter 40

Import-side rank: #10 of 17

At a glance

6.84%

Export CAGR

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

#361

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+35.98%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.73%

Contribution to Ch. 40

Share of Chapter 40 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4008

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 #339

Balance

+513.45

Exports

755.59 ₹ Cr

0.0329% share

YoY

3.37% of Ch. 40

Imports

242.14 ₹ Cr

0.0067% share

YoY

0.93% of Ch. 40

FY 2019-20 Exp. Rank #348

Balance

+496.34

Exports

728.74 ₹ Cr

0.0330% share

−3.55% YoY

3.25% of Ch. 40

Imports

232.40 ₹ Cr

0.0069% share

−4.02% YoY

1.05% of Ch. 40

FY 2020-21 Exp. Rank #353

Balance

+568.15

Exports

761.56 ₹ Cr

0.0354% share

+4.50% YoY

3.17% of Ch. 40

Imports

193.41 ₹ Cr

0.0066% share

−16.78% YoY

0.90% of Ch. 40

FY 2021-22 Exp. Rank #355

Balance

+792.19

Exports

1,035.56 ₹ Cr

0.0330% share

+35.98% YoY

3.00% of Ch. 40

Imports

243.37 ₹ Cr

0.0053% share

+25.83% YoY

0.79% of Ch. 40

FY 2022-23 Exp. Rank #380

Balance

+615.59

Exports

986.94 ₹ Cr

0.0273% share

−4.70% YoY

2.62% of Ch. 40

Imports

371.35 ₹ Cr

0.0065% share

+52.59% YoY

1.11% of Ch. 40

FY 2023-24 Exp. Rank #382

Balance

+672.87

Exports

985.65 ₹ Cr

0.0272% share

−0.13% YoY

2.60% of Ch. 40

Imports

312.78 ₹ Cr

0.0056% share

−15.77% YoY

0.97% of Ch. 40

FY 2024-25 Exp. Rank #361

Balance

+727.36

Exports

1,124.06 ₹ Cr

0.0304% share

+14.04% YoY

2.73% of Ch. 40

Imports

396.70 ₹ Cr

0.0065% share

+26.83% YoY

1.01% of Ch. 40

CAGR · 7-Year

Exports

6.84% /yr

Imports

8.58% /yr

Consistently Surplus
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 4008 Export-Import Analysis

Consistent Export Growth: 6.84% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4008 have grown at a compound annual rate of 6.84% over 7 fiscal years, rising from ₹755.59 Crore in FY 2018-19 to ₹1,124.06 Crore in FY 2024-25.

HSN Sub-Chapter 4008 Ranked #361 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4008 ranks #361 out of 1233 subchapters by total export value. Within Chapter 40, it ranks #6 of 17. By trade surplus, it ranks #217 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 4008 Exports

The strongest single-year export movement for HSN Sub-Chapter 4008 was recorded in FY 2021-22, when exports surged by 35.98% over the prior year.

India Maintains a Trade Surplus of ₹727.36 Crore in HSN Sub-Chapter 4008 Goods

In FY 2024-25, India's exports of ₹1,124.06 Cr exceeded imports of ₹396.70 Cr, resulting in a trade surplus of ₹727.36 Crore — ranking #217 of 1233 by surplus magnitude.

Import Growth of 8.58% CAGR Signals Stable Import Dependency for Rubber sheets & strips

India's imports under HSN Sub-Chapter 4008 have grown at 8.58% CAGR, reaching ₹396.70 Crore in FY 2024-25.

HSN Sub-Chapter 4008 Contributes 2.73% of Chapter 40 Exports — Ranked #6

Among the 17 subchapters under Chapter 40, HSN Sub-Chapter 4008 ranks #6 by export value — accounting for 2.73% of the chapter's total exports in FY 2024-25. On the import side, it holds 1.01% share (rank #10).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4008 and GST compliance.

What products are classified under HSN 4008

It includes Rubber sheets & strips

What should my invoice and records include for Rubber sheets & strips?

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 packaging or branding change how GST applies to Rubber sheets & strips?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Rubber sheets & strips 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 are the e‑way bill and e‑invoice points while moving Rubber sheets & strips?

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.

What misclassification mistakes happen with Rubber sheets & strips?

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.

Any special steps when selling Rubber sheets & strips through an e‑commerce platform?

Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.

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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