HSN Code 40119300 provides the tax classification for New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Not Exceeding 61 Cm 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 Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Not Exceeding 61 Cm 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.

Below are related HSN codes from Chapter 40 – Rubber And Articles Thereof for your reference:

The taxation of New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Not Exceeding 61 Cm under HSN Code 40119300 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.

Every entity transacting in New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Not Exceeding 61 Cm must quote HSN Code 40119300 on invoices. This includes traders, distributors, and e-commerce sellers operating under Rubber And Articles Thereof. Chapter 40 mandates this classification for accurate tax computation across the supply chain.

Planning to trade in New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Not Exceeding 61 Cm? Complete GST registration to legally collect taxes on goods under HSN 40119300. Businesses importing or exporting Rubber And Articles Thereof products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.

Proper use of HSN Code 40119300 for New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Not Exceeding 61 Cm streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 40 – Rubber And Articles Thereof through government circulars to ensure uninterrupted compliance.