HSN Code: 40122020 Retreaded Or Used Pneumatic

Within Chapter 40 – Rubber And Articles Thereof, HSN Code 40122020 serves as the official classification for Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles. This code determines tax rates and compliance obligations for all entities trading in Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles. CGST applies at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Measurement is standardized in u.

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 40122020

For Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles classified under HSN Code 40122020, tax computation follows GST principles. CGST at 9.00% plus SGST/UTGST at 9.00% covers intrastate sales. IGST at 18.00% applies to interstate transactions. u is the prescribed measurement for Rubber And Articles Thereof under Chapter 40.

Who Should Use HSN Code 40122020?

Any business engaged in supplying Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles must apply HSN 40122020 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

Looking to deal in Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles? GST registration is your first compliance requirement for HSN 40122020 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 40122020 for Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles enables legitimate input tax credit claims and prevents assessment disputes. Businesses under Chapter 40 – Rubber And Articles Thereof should monitor rate updates (9.00%, 9.00%, 18.00%) through official notifications to maintain seamless compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 40122020 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 40122020 for accurate classification of Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles.

Can I claim input tax credit on Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles purchases?

Yes, registered businesses can claim input tax credit on Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles purchases made under HSN 40122020. Ensure your supplier mentions correct HSN code and GST rates (9.00%, 9.00%) on the invoice.

What is the difference between CGST and IGST for HSN 40122020?

CGST at 9.00% plus SGST/UTGST at 9.00% applies when Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles is sold within the same state. IGST at 18.00% is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles domestically?

No, Import Export Code is only required if you plan to import or export Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Used Pneumatic Tyres : For Passenger Automobile Vehicles, Including Two Wheelers, Three Wheelers And Personal Type Vehicles internationally. For domestic trade within Rubber And Articles Thereof, GST registration is sufficient.