HSN Code 40059910 provides the tax classification for Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization under Chapter 40 – Rubber And Articles Thereof of the GST tariff. Businesses dealing in Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization must use this code for proper invoicing and return filing. Applicable taxes include CGST at 9.00%, SGST/UTGST at 9.00%, and IGST at 18.00%. The recognized unit of measurement is kg..
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 40059910
For Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization classified under HSN Code 40059910, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. kg. is the prescribed measurement for Rubber And Articles Thereof under Chapter 40.
Who Should Use HSN Code 40059910?
Manufacturers, wholesalers, retailers, and exporters dealing in Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization are required to mention HSN 40059910 on all tax documents. This classification under Rubber And Articles Thereof applies to businesses of all sizes operating within Chapter 40. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Entering the Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization market requires essential registrations. GST registration enables legal tax collection on HSN 40059910 goods. For cross-border trade in Rubber And Articles Thereof items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.
Why Correct Classification Matters
Proper use of HSN Code 40059910 for Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization streamlines audit processes and supports valid credit claims. Stay updated on 9.00%, 9.00%, and 18.00% rates for Chapter 40 – Rubber And Articles Thereof through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 40059910 belong to?
HSN Code 40059910 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 : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization.
Is IGST applicable on Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization?
Yes, IGST at 18.00% is applicable when Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization is supplied interstate or imported. For local sales within a state, CGST at 9.00% and SGST/UTGST at 9.00% apply instead.
Can e-commerce sellers use HSN Code 40059910?
Yes, e-commerce sellers dealing in Compounded Rubber, Unvulcanised, In Primary Forms Or In Plates, Sheets Or Strip - Other : - Other : Granules Of Unvulcanised Natural Or Synthetic Rubber, Compounded, Ready For Vulcanization must use HSN 40059910 on their invoices. This applies to all online platforms operating under Rubber And Articles Thereof classification.
How do I start an import business for Rubber And Articles Thereof goods?
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.
