4010 HSN Code: Rubber conveyor belts

HSN Sub Chapter 4010 represents Rubber conveyor belts under GST classification. This code helps businesses identify Rubber conveyor belts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Rubber conveyor belts.

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New GST Rate for HSN Code 4010

GST Rate for Rubber conveyor belts under HSN Code 4010. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

40

HSN Code

HSN Description

Conveyor or transmission belts or belting of vulcanised rubber

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 4010

Following tariff HSN codes fall under Rubber conveyor belts.

Tariff HSN

Description

Conveyor belts or belting : Reinforced only with metal : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Conveyor belts or belting : Reinforced only with metal : Other

Tariff HSN

Description

Conveyor belts or belting : Reinforced only with textile materials : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Conveyor belts or belting : Reinforced only with textile materials : Other

Tariff HSN

Description

Conveyor or transmission belts or belting of vulcanised rubber - conveyor belts or belting : - reinforced only with plastics : where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Conveyor or transmission belts or belting of vulcanised rubber - conveyor belts or belting : - reinforced only with plastics : other

Tariff HSN

Description

Conveyor belts or belting : Other : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Conveyor belts or belting : Other : Other

Tariff HSN

Description

Transmission belts or belting : Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Transmission belts or belting : Endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm : Other

Tariff HSN

Description

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), other than V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), other than V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm : other

Tariff HSN

Description

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm : Other

Tariff HSN

Description

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), other than V-ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Transmission belts or belting : Endless transmission belts of trapezoidal crosssection (V-belts), other than V-ribbed, of an outside circumference exceeding 180 cm but not exceeding 240 cm : Other

Tariff HSN

Description

Transmission belts or belting : Endless synchronous belts of an outside circumference exceeding 60 cm but not exceeding 150 cm : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Transmission belts or belting : Endless synchronous belts of an outside circumference exceeding 60 cm but not exceeding 150 cm : Other

Tariff HSN

Description

Transmission belts or belting : Endless synchronous belts of an outside circumference exceeding 150 cm but not exceeding 198 cm : Where the rubber compound content is less than 25% by weight

Tariff HSN

Description

Transmission belts or belting : Endless synchronous belts of an outside circumference exceeding 150 cm but not exceeding 198 cm : Other

Tariff HSN

Description

Transmission belts or belting : Other : Where the rubber compound content is less than 25% by weight : Endless flat belt

Tariff HSN

Description

Transmission belts or belting : Other : Where the rubber compound content is less than 25% by weight : Ply belting

Tariff HSN

Description

Transmission belts or belting : Other : Where the rubber compound content is less than 25% by weight : Other

Tariff HSN

Description

Transmission belts or belting : Other : Other : Endless flat belt

Tariff HSN

Description

Transmission belts or belting : Other : Other : Ply belting

Tariff HSN

Description

Transmission belts or belting : Other : Other : Other

India’s Trade Performance — HSN Sub-Chapter 4010 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

₹1,810 Cr

+7.68% vs FY 2023-24

0.0489% of India’s total exports

India’s Imports

FY 2024-25

₹1,097 Cr

+8.25% vs FY 2023-24

0.0180% of India’s total imports

Trade Balance

FY 2024-25

₹713 Cr

Trade Surplus

Surplus rank #220 of 1233 subchapters

% of Chapter 40

FY 2024-25

4.40%

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

Import side: 2.80% of Chapter 40’s imports

Rank Within Chapter 40

FY 2024-25

#4 of 17

Position by export value among subchapters in Chapter 40

Import-side rank: #8 of 17

At a glance

10.26%

Export CAGR

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

#283

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+41.81%

Peak Growth Year

FY 2021-22 · strongest single-year move

4.40%

Contribution to Ch. 40

Share of Chapter 40 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4010

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 #292

Balance

+326.60

Exports

1,006.93 ₹ Cr

0.0439% share

YoY

4.49% of Ch. 40

Imports

680.33 ₹ Cr

0.0189% share

YoY

2.62% of Ch. 40

FY 2019-20 Exp. Rank #295

Balance

+352.14

Exports

992.49 ₹ Cr

0.0449% share

−1.43% YoY

4.43% of Ch. 40

Imports

640.35 ₹ Cr

0.0191% share

−5.88% YoY

2.90% of Ch. 40

FY 2020-21 Exp. Rank #323

Balance

+286.65

Exports

905.95 ₹ Cr

0.0421% share

−8.72% YoY

3.77% of Ch. 40

Imports

619.30 ₹ Cr

0.0213% share

−3.29% YoY

2.88% of Ch. 40

FY 2021-22 Exp. Rank #317

Balance

+497.40

Exports

1,284.72 ₹ Cr

0.0409% share

+41.81% YoY

3.72% of Ch. 40

Imports

787.32 ₹ Cr

0.0172% share

+27.13% YoY

2.55% of Ch. 40

FY 2022-23 Exp. Rank #288

Balance

+682.45

Exports

1,632.32 ₹ Cr

0.0451% share

+27.06% YoY

4.34% of Ch. 40

Imports

949.87 ₹ Cr

0.0165% share

+20.65% YoY

2.84% of Ch. 40

FY 2023-24 Exp. Rank #280

Balance

+667.30

Exports

1,680.56 ₹ Cr

0.0464% share

+2.96% YoY

4.44% of Ch. 40

Imports

1,013.26 ₹ Cr

0.0180% share

+6.67% YoY

3.13% of Ch. 40

FY 2024-25 Exp. Rank #283

Balance

+712.88

Exports

1,809.70 ₹ Cr

0.0489% share

+7.68% YoY

4.40% of Ch. 40

Imports

1,096.82 ₹ Cr

0.0180% share

+8.25% YoY

2.80% of Ch. 40

CAGR · 7-Year

Exports

10.26% /yr

Imports

8.29% /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 4010 Export-Import Analysis

Consistent Export Growth: 10.26% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4010 have grown at a compound annual rate of 10.26% over 7 fiscal years, rising from ₹1,006.93 Crore in FY 2018-19 to ₹1,809.70 Crore in FY 2024-25.

HSN Sub-Chapter 4010 Ranked #283 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4010 ranks #283 out of 1233 subchapters by total export value. Within Chapter 40, it ranks #4 of 17. By trade surplus, it ranks #220 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 4010 Exports

The strongest single-year export movement for HSN Sub-Chapter 4010 was recorded in FY 2021-22, when exports surged by 41.81% over the prior year.

India Maintains a Trade Surplus of ₹712.88 Crore in HSN Sub-Chapter 4010 Goods

In FY 2024-25, India's exports of ₹1,809.70 Cr exceeded imports of ₹1,096.82 Cr, resulting in a trade surplus of ₹712.88 Crore — ranking #220 of 1233 by surplus magnitude.

Import Growth of 8.29% CAGR Signals Stable Import Dependency for Rubber conveyor belts

India's imports under HSN Sub-Chapter 4010 have grown at 8.29% CAGR, reaching ₹1,096.82 Crore in FY 2024-25.

HSN Sub-Chapter 4010 Contributes 4.40% of Chapter 40 Exports — Ranked #4

Among the 17 subchapters under Chapter 40, HSN Sub-Chapter 4010 ranks #4 by export value — accounting for 4.40% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.80% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4010 and GST compliance.

What products are classified under HSN 4010

It includes Rubber conveyor belts

Do spares or accessories of Rubber conveyor belts follow the same HSN?

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.

Can reverse charge ever apply to transactions involving Rubber conveyor belts?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Rubber conveyor belts are forward charge. Check the current notifications for any special cases before deciding.

If I repair and return Rubber conveyor belts, 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.

How should I document Rubber conveyor belts sent for job work?

Use a delivery challan for sending Rubber conveyor belts to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.

Any import/export nuance for Rubber conveyor belts?

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.

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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