40116100 is the designated HSN classification for New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines, categorized under Chapter 40 – Rubber And Articles Thereof in the GST tariff structure. Businesses involved in trading, manufacturing, or importing New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Quantities are measured in N.a 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 40116100

Goods classified as New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under HSN 40116100 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 N.a as the measurement standard for Chapter 40 – Rubber And Articles Thereof products.

Who Should Use HSN Code 40116100?

Any business engaged in supplying New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines must apply HSN 40116100 on invoices. The Rubber And Articles Thereof category under Chapter 40 requires this classification for wholesalers, retailers, exporters, and online marketplaces alike.

Business Registration Requirements

Commencing trade in New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines? Secure GST registration to handle taxes on HSN 40116100 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 40116100 usage for New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines 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)

What is HSN Code 40116100 used for?

HSN Code 40116100 is used to classify New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under Chapter 40 – Rubber And Articles Thereof for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 40116100?

For New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines, CGST applies at 2.50% and SGST/UTGST at 2.50% for intrastate supplies. Interstate transactions are taxed under IGST at 5.00%.

Do I need GST registration to trade in New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines?

Yes, GST registration is mandatory for businesses dealing in New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under HSN 40116100. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines?

For importing goods under Rubber And Articles Thereof, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 40

Back to Top