Within Chapter 40 – Rubber And Articles Thereof, HSN Code 40115010 serves as the official classification for New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres. This code determines tax rates and compliance obligations for all entities trading in New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres. CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in 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 40115010
Goods classified as New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres under HSN 40115010 are taxed based on transaction type. Local sales attract CGST at 2.50% plus SGST/UTGST at 2.50%. For supplies crossing state boundaries, IGST at 5.00% applies. Documentation must reflect u as the measurement standard for Chapter 40 – Rubber And Articles Thereof products.
Who Should Use HSN Code 40115010?
Traders, manufacturers, and importers of New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres are required to mention HSN Code 40115010 on all GST documents. This Rubber And Articles Thereof classification under Chapter 40 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Commencing trade in New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres? Secure GST registration to handle taxes on HSN 40115010 classified goods. Businesses with international operations in Rubber And Articles Thereof need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Accurate HSN Code 40115010 usage for New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres simplifies reconciliation and protects against penalties. Keep current with 2.50%, 2.50%, and 5.00% updates for Chapter 40 – Rubber And Articles Thereof to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 40115010 belong to?
HSN Code 40115010 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 Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres.
Is IGST applicable on New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres?
Yes, IGST at 5.00% is applicable when New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres is supplied interstate or imported. For local sales within a state, CGST at 2.50% and SGST/UTGST at 2.50% apply instead.
Can e-commerce sellers use HSN Code 40115010?
Yes, e-commerce sellers dealing in New Pneumatic Tyres, Of Rubber - Of A Kind Used On Bicycles : Multi-Cellular Polyurethane (Mcp) Tubeless Tyres must use HSN 40115010 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.
