HSN Code 40119200 provides the tax classification for New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under Chapter 40 – Rubber And Articles Thereof of the GST tariff. Businesses dealing in New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines must use this code for proper invoicing and return filing. Applicable taxes include CGST at 2.50%, SGST/UTGST at 2.50%, and IGST at 5.00%. The recognized unit of measurement is 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 40119200

The taxation of New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under HSN Code 40119200 depends on supply location. Intrastate transactions require CGST at 2.50% and SGST/UTGST at 2.50%. Interstate supplies are charged IGST at 5.00%. Invoices should consistently use N.a for Rubber And Articles Thereof goods under Chapter 40.

Who Should Use HSN Code 40119200?

Manufacturers, wholesalers, retailers, and exporters dealing in New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines are required to mention HSN 40119200 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

Looking to deal in New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines? GST registration is your first compliance requirement for HSN 40119200 goods. International traders in Rubber And Articles Thereof products must obtain an Import Export Code. AD Code registration facilitates export payment processing. Company registration should precede all other business approvals.

Why Correct Classification Matters

Accurate application of HSN Code 40119200 for New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 40 – Rubber And Articles Thereof should monitor rate updates (2.50%, 2.50%, 5.00%) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

What is HSN Code 40119200 used for?

HSN Code 40119200 is used to classify New Pneumatic Tyres, Of Rubber - Other : 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 40119200?

For New Pneumatic Tyres, Of Rubber - Other : 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 : 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 : Of A Kind Used On Agricultural Or Forestry Vehicles And Machines under HSN 40119200. 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 : 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