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HSN CODE - 40115010 : MULTICELLULR POLYURETHANE(MCP) TUBES TYRE USED ON BICYCLES
HSN CODE | Description | Policy |
---|---|---|
4011 | COMPOUNDED RUBBER, UNVULCANISED, IN PRIMARY FORMS OR IN PLATES, SHEETS OR STRIP | |
401150 | Of a kind used on bicycles | |
40115010 | MULTICELLULR POLYURETHANE(MCP) TUBES TYRE USED ON BICYCLES | Free |
Harmonised System of Nomenclature (HSN Codes) 40115010 are used for the MULTICELLULR POLYURETHANE(MCP) TUBES TYRE USED ON BICYCLES 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 40115010
First two digits (40) represent the chapter number which is Chapter 40 - Rubber and articles thereof
Next two digits (11) represent the heading number which is COMPOUNDED RUBBER, UNVULCANISED, IN PRIMARY FORMS OR IN PLATES, SHEETS OR STRIP
Next two digits (50) represent the product code which is Of a kind used on bicycles
Last two digits (10) are for final or deeper classification which is MULTICELLULR POLYURETHANE(MCP) TUBES TYRE USED ON BICYCLES
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.