Chapter 40 of the GST framework covers Rubber And Articles Thereof, and HSN Code 40114090 specifically identifies New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other for taxation purposes. This classification is mandatory for all businesses engaged in the supply of New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other. Tax rates applicable include CGST at 0.14, SGST/UTGST at 0.14, and IGST at 0.28 for interstate movements. The standard unit of measurement is u.
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 40114090
For New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other classified under HSN Code 40114090, tax computation follows GST principles. CGST at 0.14 plus SGST/UTGST at 0.14 covers intrastate sales. IGST at 0.28 applies to interstate transactions. u is the prescribed measurement for Rubber And Articles Thereof under Chapter 40.
Who Should Use HSN Code 40114090?
All businesses supplying New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other are obligated to use HSN 40114090 on tax invoices. From producers to retailers within Rubber And Articles Thereof, Chapter 40 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.
Business Registration Requirements
Starting a business involving New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other? GST registration is mandatory for collecting and remitting taxes on HSN 40114090 goods. Companies planning international trade within Rubber And Articles Thereof must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Using HSN Code 40114090 accurately for New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other avoids compliance issues and facilitates credit claims. Monitor changes to 0.14, 0.14, and 0.28 rates for Chapter 40 – Rubber And Articles Thereof to maintain accurate filings and smooth business operations.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 40114090 belong to?
HSN Code 40114090 falls under Chapter 40 – Rubber And Articles Thereof in the GST tariff schedule. This chapter covers various goods including New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other.
Is IGST applicable on New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other?
Yes, IGST at 0.28 is applicable when New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other is supplied interstate or imported. For local sales within a state, CGST at 0.14 and SGST/UTGST at 0.14 apply instead.
Can e-commerce sellers use HSN Code 40114090?
Yes, e-commerce sellers dealing in New Pneumatic Tyres, Of Rubber - Of A Kind Used On Motor Cycles : Other must use HSN 40114090 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.
