Export Decline: −7.37% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 4017 have declined at a compound annual rate of −7.37% over 7 fiscal years, falling from ₹17.10 Crore in FY 2018-19 to ₹10.80 Crore in FY 2024-25.
HSN Sub Chapter 4017 represents Hard rubber products under GST classification. This code helps businesses identify Hard rubber products correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 4017, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Hard rubber products.
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GST Rate for Hard rubber products under HSN Code 4017. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Hard rubber products.
Tariff HSN
Description
Hard rubber (for example, ebonite) in all forms, including waste and scrap; articles of hard rubber: Plates, sheets, rods and tubes of ebonite and vulcanite
Tariff HSN
Description
Hard Rubber (for example ebonite) in all forms, other than waste and scrap; articles of hard rubber
Tariff HSN
Description
Hard rubber (for example, ebonite) in all forms, including waste and scrap; articles of hard rubber: Scrap, waste and powder of hardened rubber (ebonite and vulcanite)
Tariff HSN
Description
Waste or Scrap of Hard Rubber
Tariff HSN
Description
Hard rubber (for example, ebonite) in all forms, including waste and scrap; articles of hard rubber: Scrap, waste and powder of hardened rubber (ebonite and vulcanite) (other than waste and scrap; articles of hard rubber)
Tariff HSN
Description
Hard rubber (for example, ebonite) in all forms, including waste and scrap; articles of hard rubber: Printers’ rollers
Tariff HSN
Description
Hard rubber (for example, ebonite) in all forms, including waste and scrap; articles of hard rubber: Textile rollers
Tariff HSN
Description
Hard rubber (for example, ebonite) in all forms, including waste and scrap; articles of hard rubber: Typewriters and cyclostyling rollers
Tariff HSN
Description
Hard rubber (for example, ebonite) in all forms, including waste and scrap; articles of hard rubber: Other
India’s Exports
FY 2024-25₹11 Cr
0.0003% of India’s total exports
India’s Imports
FY 2024-25₹24 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25−₹14 Cr
Surplus rank #602 of 1233 subchapters
% of Chapter 40
FY 2024-250.03%
Share of Chapter 40’s total exports in FY 2024-25
Import side: 0.06% of Chapter 40’s imports
Rank Within Chapter 40
FY 2024-25#17 of 17
Position by export value among subchapters in Chapter 40
Import-side rank: #15 of 17
At a glance
−7.37%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1047
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+28.42%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.03%
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
−9.29
Exports
17.10 ₹ Cr
0.0007% share
— YoY
0.08% of Ch. 40
Imports
26.39 ₹ Cr
0.0007% share
— YoY
0.10% of Ch. 40
Balance
−6.14
Exports
16.84 ₹ Cr
0.0008% share
−1.52% YoY
0.08% of Ch. 40
Imports
22.98 ₹ Cr
0.0007% share
−12.92% YoY
0.10% of Ch. 40
Balance
−15.77
Exports
11.12 ₹ Cr
0.0005% share
−33.97% YoY
0.05% of Ch. 40
Imports
26.89 ₹ Cr
0.0009% share
+17.01% YoY
0.12% of Ch. 40
Balance
−13.81
Exports
13.02 ₹ Cr
0.0004% share
+17.09% YoY
0.04% of Ch. 40
Imports
26.83 ₹ Cr
0.0006% share
−0.22% YoY
0.09% of Ch. 40
Balance
−9.98
Exports
13.49 ₹ Cr
0.0004% share
+3.61% YoY
0.04% of Ch. 40
Imports
23.47 ₹ Cr
0.0004% share
−12.52% YoY
0.07% of Ch. 40
Balance
−19.82
Exports
8.41 ₹ Cr
0.0002% share
−37.66% YoY
0.02% of Ch. 40
Imports
28.23 ₹ Cr
0.0005% share
+20.28% YoY
0.09% of Ch. 40
Balance
−13.63
Exports
10.80 ₹ Cr
0.0003% share
+28.42% YoY
0.03% of Ch. 40
Imports
24.43 ₹ Cr
0.0004% share
−13.46% YoY
0.06% of Ch. 40
CAGR · 7-Year
Exports
−7.37% /yr
Imports
−1.28% /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 4017 have declined at a compound annual rate of −7.37% over 7 fiscal years, falling from ₹17.10 Crore in FY 2018-19 to ₹10.80 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 4017 ranks #1047 out of 1233 subchapters by total export value. Within Chapter 40, it ranks #17 of 17. By trade surplus, it ranks #602 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 4017 was recorded in FY 2024-25, when exports surged by 28.42% over the prior year.
In FY 2024-25, India's imports of ₹24.43 Cr exceeded exports of ₹10.80 Cr, resulting in a trade deficit of ₹13.63 Crore — ranking #602 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 4017 have grown at −1.28% CAGR, reaching ₹24.43 Crore in FY 2024-25.
Among the 17 subchapters under Chapter 40, HSN Sub-Chapter 4017 ranks #17 by export value — accounting for 0.03% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #15).
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 4017 and GST compliance.
It includes Hard rubber products
If your outward supply of Hard rubber products 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.
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.
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.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Hard rubber products 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.