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Published on:
February 25, 2023
By
Prerna

Hard Rubber: GST Rates and HSN Code 4017

Hard rubber, also known as vulcanized rubber, is a type of rubber that has been treated with sulfur to increase its hardness and durability. It is commonly used in a variety of industrial applications, including automotive, aerospace, and electrical industries.

GST Rates for Hard Rubber

As per the GST Council's decision on the 18th of May 2017, the GST rate for hard rubber is 18%. This rate applies to all types of hard rubber, including sheets, plates, rods, tubes, and profiles.

Hard rubber products that are used in the manufacture of goods that attract a GST rate of 5% or 12% are also eligible for the applicable GST rate.

HSN Code for Hard Rubber

The Harmonized System of Nomenclature (HSN) is a standardized system of names and numbers used to classify goods in international trade. The HSN code for hard rubber is 4017.

This code covers all types of hard rubber, including plates, sheets, strips, rods, tubes, pipes, and fittings. It also includes hard rubber products that are used in the manufacture of other goods.

Conclusion

In conclusion, hard rubber is an important material that is widely used in various industrial applications. It is essential for business owners and startup founders to be aware of the GST rates and HSN code for hard rubber to ensure compliance with the tax laws and regulations in India.

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