Within Chapter 40 – Rubber And Articles Thereof, HSN Code 40116900 serves as the official classification for New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other. This code determines tax rates and compliance obligations for all entities trading in New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other. CGST applies at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Measurement is standardized in N.a.
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 40116900
The tax structure for New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other under HSN Code 40116900 follows a dual taxation model. CGST is levied at 0.025 and SGST/UTGST at 0.025 for intrastate sales. Interstate transactions attract IGST at 0.05. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 40 – Rubber And Articles Thereof.
Who Should Use HSN Code 40116900?
Any business engaged in supplying New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other must apply HSN 40116900 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
Starting a business involving New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other? GST registration is mandatory for collecting and remitting taxes on HSN 40116900 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
Correct HSN Code 40116900 application for New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other ensures smooth input credit utilization and assessment processes. Track 0.025, 0.025, and 0.05 rate changes for Chapter 40 – Rubber And Articles Thereof through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
What is HSN Code 40116900 used for?
HSN Code 40116900 is used to classify New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other 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 40116900?
For New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other, CGST applies at 0.025 and SGST/UTGST at 0.025 for intrastate supplies. Interstate transactions are taxed under IGST at 0.05.
Do I need GST registration to trade in New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other?
Yes, GST registration is mandatory for businesses dealing in New Pneumatic Tyres, Of Rubber - Other, Having A Herring-Bone Or Similar Tread : Other under HSN 40116900. 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 : Other?
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.
