Under the GST regime, HSN Code 40119400 classifies New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm within Chapter 40 – Rubber And Articles Thereof. This code is essential for businesses to correctly calculate and remit taxes on New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm. The applicable rates are CGST at 2.50%, SGST/UTGST at 2.50% for within-state sales, and IGST at 5.00% for interstate supplies. Goods are quantified using 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 40119400
For New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm classified under HSN Code 40119400, tax computation follows GST principles. CGST at 2.50% plus SGST/UTGST at 2.50% covers intrastate sales. IGST at 5.00% applies to interstate transactions. N.a is the prescribed measurement for Rubber And Articles Thereof under Chapter 40.
Who Should Use HSN Code 40119400?
Traders, manufacturers, and importers of New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm are required to mention HSN Code 40119400 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 - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm? Secure GST registration to handle taxes on HSN 40119400 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
Correct HSN Code 40119400 application for New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm ensures smooth input credit utilization and assessment processes. Track 2.50%, 2.50%, and 5.00% rate changes for Chapter 40 – Rubber And Articles Thereof through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
How many digits of HSN Code 40119400 should I mention on invoices?
The number of HSN digits depends on your annual turnover. Businesses with turnover above Rs 5 crore must mention 6 digits, while others may use 4 digits. Always use the complete HSN 40119400 for accurate classification of New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm.
Can I claim input tax credit on New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm purchases?
Yes, registered businesses can claim input tax credit on New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm purchases made under HSN 40119400. Ensure your supplier mentions correct HSN code and GST rates (2.50%, 2.50%) on the invoice.
What is the difference between CGST and IGST for HSN 40119400?
CGST at 2.50% plus SGST/UTGST at 2.50% applies when New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm is sold within the same state. IGST at 5.00% is charged when goods move across state borders or are imported.
Is Import Export Code necessary for trading New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm domestically?
No, Import Export Code is only required if you plan to import or export New Pneumatic Tyres, Of Rubber - Other : Of A Kind Used On Construction Or Industrial Handling Vehicles And Machines And Having A Rim Size Exceeding 61 Cm internationally. For domestic trade within Rubber And Articles Thereof, GST registration is sufficient.
