HSN Code 40012920
Natural rubber, balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip - natural rubber in other forms : other : pale crepe
Natural rubber, balata, gutta-percha, guayule, chicle and similar natural gums, in primary forms or in plates, sheets or strip - natural rubber in other forms : other : pale crepe
When does this rate apply?
Use this HSN Code on tax invoices when supplying Natural rubber, balata, gutta-percha, guayule, chicle and similar natural gums, . GST is charged at 5% (IGST for inter-state, or CGST 2.5% + SGST 2.5% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.
This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.