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Published on:
February 25, 2023
By
Prerna

GST Rates and HSN Code for Vulcanised Rubber Tubes, Pipes and Hoses

Vulcanised Rubber Tubes, Pipes and Hoses are important components in a wide range of industries, including automotive, construction, and manufacturing. These products are made from rubber that has been treated with heat and sulfur to increase its strength and durability.

As a small or medium business owner in India, it's important to understand the GST rates and HSN codes for Vulcanised Rubber Tubes, Pipes and Hoses in order to properly classify these items for tax purposes.

What is GST?

GST, or Goods and Services Tax, is a comprehensive and uniform tax system that was implemented in India on July 1st, 2017. This tax system replaced a complex network of state and federal taxes, and it applies to all goods and services sold within India.

Under GST, all goods and services are classified according to a Harmonized System of Nomenclature (HSN) code. This code consists of a six-digit number that corresponds to a specific product or service.

HSN Code for Vulcanised Rubber Tubes, Pipes and Hoses

The HSN code for Vulcanised Rubber Tubes, Pipes and Hoses is 4009. This code covers a range of products, including:

1. Rubber tubes, pipes, and hoses

2. Fittings and parts for rubber tubes, pipes, and hoses

3. Conveyor belts made from vulcanized rubber

4. Transmission belts made from vulcanized rubber

5. Other products made from vulcanized rubber

GST Rates for Vulcanised Rubber Tubes, Pipes and Hoses

The GST rates for Vulcanised Rubber Tubes, Pipes and Hoses vary depending on the specific product and its use. Here are the rates for some of the most common types of products in this category:

1. Conveyor belts made from vulcanized rubber - 18%

2. Transmission belts made from vulcanized rubber - 18%

3. Other products made from vulcanized rubber - 18%

It's important to note that the GST rates for Vulcanised Rubber Tubes, Pipes and Hoses are subject to change. Business owners should check the latest rates on the official GST website or consult with a tax professional.

Conclusion

Vulcanised Rubber Tubes, Pipes and Hoses are important components in many industries, and understanding their GST rates and HSN codes is essential for small and medium business owners in India. By properly classifying these items for tax purposes, business owners can avoid penalties and ensure compliance with India's tax laws.

Business owners should stay up-to-date on the latest changes to GST rates and HSN codes, and consult with a tax professional if they have any questions or concerns.

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Updated on:
March 16, 2024