HSN Code 40161000 provides the tax classification for Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber under Chapter 40 – Rubber And Articles Thereof of the GST tariff. Businesses dealing in Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber must use this code for proper invoicing and return filing. Applicable taxes include CGST at 0.09, SGST/UTGST at 0.09, and IGST at 0.18. The recognized unit of measurement is kg..

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 40161000

The tax structure for Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber under HSN Code 40161000 follows a dual taxation model. CGST is levied at 0.09 and SGST/UTGST at 0.09 for intrastate sales. Interstate transactions attract IGST at 0.18. 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 40161000?

Any business engaged in supplying Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber must apply HSN 40161000 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

Entering the Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber market requires essential registrations. GST registration enables legal tax collection on HSN 40161000 goods. For cross-border trade in Rubber And Articles Thereof items, secure an Import Export Code. Exporters additionally need AD Code registration for bank processing. Begin with company registration to establish your business entity.

Why Correct Classification Matters

Proper use of HSN Code 40161000 for Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber streamlines audit processes and supports valid credit claims. Stay updated on 0.09, 0.09, and 0.18 rates for Chapter 40 – Rubber And Articles Thereof through government circulars to ensure uninterrupted compliance.

Frequently Asked Questions (FAQs)

How many digits of HSN Code 40161000 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 40161000 for accurate classification of Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber.

Can I claim input tax credit on Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber purchases?

Yes, registered businesses can claim input tax credit on Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber purchases made under HSN 40161000. Ensure your supplier mentions correct HSN code and GST rates (0.09, 0.09) on the invoice.

What is the difference between CGST and IGST for HSN 40161000?

CGST at 0.09 plus SGST/UTGST at 0.09 applies when Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber is sold within the same state. IGST at 0.18 is charged when goods move across state borders or are imported.

Is Import Export Code necessary for trading Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber domestically?

No, Import Export Code is only required if you plan to import or export Other Articles Of Vulcanised Rubber Other Than Hard Rubber Of Cellular Rubber internationally. For domestic trade within Rubber And Articles Thereof, GST registration is sufficient.

More HSN codes from Chapter 40

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