4014 HSN Code: Pharmaceutical rubber articles

HSN Sub Chapter 4014 represents Pharmaceutical rubber articles under GST classification. This code helps businesses identify Pharmaceutical rubber articles correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4014, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Pharmaceutical rubber articles.

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New GST Rate for HSN Code 4014

GST Rate for Pharmaceutical rubber articles under HSN Code 4014. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

40

HSN Code

4014

HSN Description

Hygienic or pharmaceutical articles (including teats), of vulcanised rubber other than hard rubber, with or without fittings of hard rubber

New GST Rate

5 %
Essential

Old GST Rate

5 %

Tariff HSN Codes under HSN Sub Chapter 4014

Following tariff HSN codes fall under Pharmaceutical rubber articles.

Tariff HSN

40141010

Description

Sheath contraceptives : Rubber contraceptives, male (condoms)

Tariff HSN

40141020

Description

Sheath contraceptives : Rubber contraceptives, female (diaphragms),such as cervical caps

Tariff HSN

40149010

Description

Other : Hot water bottles

Tariff HSN

40149020

Description

Other : Ice bags

Tariff HSN

40149030

Description

Other : Feeding bottle nipples

Tariff HSN

40149090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 4014 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

₹593 Cr

−23.71% vs FY 2023-24

0.0160% of India’s total exports

India’s Imports

FY 2024-25

₹163 Cr

−37.64% vs FY 2023-24

0.0027% of India’s total imports

Trade Balance

FY 2024-25

₹431 Cr

Trade Surplus

Surplus rank #269 of 1233 subchapters

% of Chapter 40

FY 2024-25

1.44%

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

Import side: 0.42% of Chapter 40’s imports

Rank Within Chapter 40

FY 2024-25

#10 of 17

Position by export value among subchapters in Chapter 40

Import-side rank: #11 of 17

At a glance

7.81%

Export CAGR

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

#499

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+28.21%

Peak Growth Year

FY 2022-23 · strongest single-year move

1.44%

Contribution to Ch. 40

Share of Chapter 40 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 4014

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 #473

Balance

+231.43

Exports

377.80 ₹ Cr

0.0165% share

— YoY

1.69% of Ch. 40

Imports

146.37 ₹ Cr

0.0041% share

— YoY

0.56% of Ch. 40

FY 2019-20 Exp. Rank #417

Balance

+348.49

Exports

484.27 ₹ Cr

0.0219% share

+28.18% YoY

2.16% of Ch. 40

Imports

135.78 ₹ Cr

0.0040% share

−7.24% YoY

0.61% of Ch. 40

FY 2020-21 Exp. Rank #446

Balance

+316.79

Exports

461.07 ₹ Cr

0.0214% share

−4.79% YoY

1.92% of Ch. 40

Imports

144.28 ₹ Cr

0.0050% share

+6.26% YoY

0.67% of Ch. 40

FY 2021-22 Exp. Rank #477

Balance

+364.07

Exports

506.84 ₹ Cr

0.0162% share

+9.93% YoY

1.47% of Ch. 40

Imports

142.77 ₹ Cr

0.0031% share

−1.05% YoY

0.46% of Ch. 40

FY 2022-23 Exp. Rank #451

Balance

+507.13

Exports

649.83 ₹ Cr

0.0179% share

+28.21% YoY

1.73% of Ch. 40

Imports

142.70 ₹ Cr

0.0025% share

−0.05% YoY

0.43% of Ch. 40

FY 2023-24 Exp. Rank #424

Balance

+516.92

Exports

777.59 ₹ Cr

0.0215% share

+19.66% YoY

2.05% of Ch. 40

Imports

260.67 ₹ Cr

0.0046% share

+82.67% YoY

0.80% of Ch. 40

FY 2024-25 Exp. Rank #499

Balance

+430.64

Exports

593.19 ₹ Cr

0.0160% share

−23.71% YoY

1.44% of Ch. 40

Imports

162.55 ₹ Cr

0.0027% share

−37.64% YoY

0.42% of Ch. 40

CAGR · 7-Year

Exports

7.81% /yr

Imports

1.76% /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 4014 Export-Import Analysis

Consistent Export Growth: 7.81% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 4014 have grown at a compound annual rate of 7.81% over 7 fiscal years, rising from ₹377.80 Crore in FY 2018-19 to ₹593.19 Crore in FY 2024-25.

HSN Sub-Chapter 4014 Ranked #499 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 4014 ranks #499 out of 1233 subchapters by total export value. Within Chapter 40, it ranks #10 of 17. By trade surplus, it ranks #269 of 1233.

FY 2022-23 Was the Strongest Growth Year for HSN Sub-Chapter 4014 Exports

The strongest single-year export movement for HSN Sub-Chapter 4014 was recorded in FY 2022-23, when exports surged by 28.21% over the prior year.

India Maintains a Trade Surplus of ₹430.64 Crore in HSN Sub-Chapter 4014 Goods

In FY 2024-25, India's exports of ₹593.19 Cr exceeded imports of ₹162.55 Cr, resulting in a trade surplus of ₹430.64 Crore — ranking #269 of 1233 by surplus magnitude.

Import Growth of 1.76% CAGR Signals Stable Import Dependency for Pharmaceutical rubber articles

India's imports under HSN Sub-Chapter 4014 have grown at 1.76% CAGR, reaching ₹162.55 Crore in FY 2024-25.

HSN Sub-Chapter 4014 Contributes 1.44% of Chapter 40 Exports — Ranked #10

Among the 17 subchapters under Chapter 40, HSN Sub-Chapter 4014 ranks #10 by export value — accounting for 1.44% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.42% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 4014 and GST compliance.

What products are classified under HSN 4014

It includes Pharmaceutical rubber articles

What should my invoice and records include for Pharmaceutical rubber articles?

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.

Can I claim ITC on inputs and services used for Pharmaceutical rubber articles?

If your outward supply of Pharmaceutical rubber articles is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Does packaging or branding change how GST applies to Pharmaceutical rubber articles?

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

Is the composition scheme suitable if I mainly trade Pharmaceutical rubber articles?

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.

Do spares or accessories of Pharmaceutical rubber articles 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.

How do I bill a kit or combo that includes Pharmaceutical rubber articles?

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.

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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