40129041 is the designated HSN classification for Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles, categorized under Chapter 40 – Rubber And Articles Thereof in the GST tariff structure. Businesses involved in trading, manufacturing, or importing Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles must apply this code correctly on invoices and tax returns. The applicable tax rates include CGST at 9.00%, SGST/UTGST at 9.00% for local transactions, and IGST at 18.00% for interstate supplies. Quantities are measured in kg. for billing purposes.

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 40129041

The tax structure for Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles under HSN Code 40129041 follows a dual taxation model. CGST is levied at 9.00% and SGST/UTGST at 9.00% for intrastate sales. Interstate transactions attract IGST at 18.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 40 – Rubber And Articles Thereof.

Who Should Use HSN Code 40129041?

All businesses supplying Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles are obligated to use HSN 40129041 on tax invoices. From producers to retailers within Rubber And Articles Thereof, Chapter 40 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

Business Registration Requirements

Planning to trade in Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles? Complete GST registration to legally collect taxes on goods under HSN 40129041. 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.

Why Correct Classification Matters

Correct HSN Code 40129041 application for Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles ensures smooth input credit utilization and assessment processes. Track 9.00%, 9.00%, and 18.00% rate changes for Chapter 40 – Rubber And Articles Thereof through official notifications for continuous compliance.

Frequently Asked Questions (FAQs)

Where can I find the official GST rate for HSN 40129041?

Official GST rates for Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles under HSN 40129041 are published in government notifications and the CBIC website. Current rates are CGST 9.00%, SGST/UTGST 9.00%, and IGST 18.00%.

Do online marketplaces need to mention HSN 40129041?

Yes, online marketplaces and e-commerce operators selling Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles must mention HSN Code 40129041 on invoices. This Rubber And Articles Thereof classification applies to all sales channels under Chapter 40.

What documents are needed for company registration to trade in Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles?

For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles under HSN 40129041.

How often do GST rates change for Rubber And Articles Thereof products?

GST rates for Retreaded Or Used Pneumatic Tyres Of Rubber, Solid Or Cushion Tyres, Tyre Treads And Tyre Flaps, Of Rubber - Other : - Tyre Flaps : Of A Kind Used In Two-Wheeled And Three-Wheeled Motor Vehicles and other Rubber And Articles Thereof products under Chapter 40 may change through GST Council recommendations. Monitor official notifications to stay updated on 9.00%, 9.00%, and 18.00% revisions.

More HSN codes from Chapter 40

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