HSN CODE - 40012920 : NATURAL RUBBER IN PALE CREPE

Harmonised System of Nomenclature (HSN Codes) 40012920 are used for the NATURAL RUBBER IN PALE CREPE products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 40012920

First two digits (40) represent the chapter number which is Chapter 40 - Rubber and articles thereof

Next two digits (01) represent the heading number which is NATURAL RUBBER, BALATA, GUTTA-PERCHA, GUAYULE, CHICLE AND SIMILAR NATURAL GUMS, IN PRIMARY FORMS OR IN PLATES, SHEETS OR STRIP

Next two digits (29) represent the product code which is Other

Last two digits (20) are for final or deeper classification which is NATURAL RUBBER IN PALE CREPE

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.