40059190 is the designated HSN classification for Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other, categorized under Chapter 40 – Rubber And Articles Thereof in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 0.09, SGST/UTGST at 0.09 for local transactions, and IGST at 0.18 for interstate supplies. Quantities are measured in kg. for billing purposes.
HSN Codes under Chapter 40 – Rubber And Articles Thereof
Below are related HSN codes from Chapter 40 – Rubber And Articles Thereof for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Rubber And Articles Thereof... | 40011010 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 2.50% | 2.50% | 5.00% |
| Rubber And Articles Thereof... | 40011020 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 0.025 | 0.025 | 0.05 |
| Rubber And Articles Thereof... | 40012100 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 0.025 | 0.025 | 0.05 |
| Rubber And Articles Thereof... | 40012200 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 0.025 | 0.025 | 0.05 |
| Rubber And Articles Thereof... | 40012910 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 2.50% | 2.50% | 5.00% |
| Rubber And Articles Thereof... | 40012920 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 2.50% | 2.50% | 5.00% |
| Rubber And Articles Thereof... | 40012930 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 2.50% | 2.50% | 5.00% |
| Rubber And Articles Thereof... | 40012940 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 2.50% | 2.50% | 5.00% |
| Rubber And Articles Thereof... | 40012990 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 0.025 | 0.025 | 0.05 |
| Rubber And Articles Thereof... | 40013000 | Natural Rubber, Balata, Gutta-Percha, Guayule, Chi... | 0.025 | 0.025 | 0.05 |
GST Rates for HSN 40059190
The taxation of Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other under HSN Code 40059190 depends on supply location. Intrastate transactions require CGST at 0.09 and SGST/UTGST at 0.09. Interstate supplies are charged IGST at 0.18. Invoices should consistently use kg. for Rubber And Articles Thereof goods under Chapter 40.
Who Should Use HSN Code 40059190?
Every entity transacting in Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other must quote HSN Code 40059190 on invoices. This includes traders, distributors, and e-commerce sellers operating under Rubber And Articles Thereof. Chapter 40 mandates this classification for accurate tax computation across the supply chain.
Business Registration Requirements
Planning to trade in Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other? Complete GST registration to legally collect taxes on goods under HSN 40059190. Businesses importing or exporting Rubber And Articles Thereof products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Correct HSN Code 40059190 application for Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other ensures smooth input credit utilization and assessment processes. Track 0.09, 0.09, and 0.18 rate changes for Chapter 40 – Rubber And Articles Thereof through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
HSN Code 40059190 falls under Chapter 40 – Rubber And Articles Thereof in the GST tariff schedule. This chapter covers various goods including Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other.
Yes, IGST at 0.18 is applicable when Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other is supplied interstate or imported. For local sales within a state, CGST at 0.09 and SGST/UTGST at 0.09 apply instead.
Yes, e-commerce sellers dealing in Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : Plates, Sheets And Strip : Other must use HSN 40059190 on their invoices. This applies to all online platforms operating under Rubber And Articles Thereof classification.
To import goods under Rubber And Articles Thereof, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.