HSN Code 45011000: Natural cork, raw or simply prepared
HSN Code 45011000 represents Natural cork, raw or simply prepared under GST classification. This code helps businesses identify Natural cork, raw or simply prepared correctly for billing, taxation, and trade. With HSN Code 45011000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Natural cork, raw or simply prepared.
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Description of Goods for HSN Code 45011000
HSN Code 45011000 relates to the following description.
What does HSN Code 45011000 not include?
Natural cork, raw or simply prepared does not include products with the following descriptions.
Other
Other
India’s Trade Performance — HSN Code 45011000 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹1 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹1 Cr
Surplus rank #7985 of 12657 HSN codes
% of Sub-Chapter 4501
FY 2024-250.63%
Share of Sub-Chapter 4501’s total exports in FY 2024-25
Import side: 2.58% of Sub-Chapter 4501’s imports
Rank Within Sub-Chapter 4501
FY 2024-25#2 of 2
Position by export value among HSN codes in Sub-Chapter 4501
Import-side rank: #2 of 2
At a glance
−35.59%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#10437
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+57.14%
Peak Growth Year
FY 2019-20 · strongest single-year move
0.63%
Contribution to Sub-Ch. 4501
Share of Sub-Chapter 4501 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 45011000
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−1.24
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
23.73% of Sub-Ch. 4501
Imports
1.38 ₹ Cr
0.0000% share
— YoY
3.67% of Sub-Ch. 4501
Balance
−2.55
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+57.14% YoY
20.37% of Sub-Ch. 4501
Imports
2.77 ₹ Cr
0.0001% share
+100.72% YoY
8.66% of Sub-Ch. 4501
Balance
−1.11
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−68.18% YoY
4.61% of Sub-Ch. 4501
Imports
1.18 ₹ Cr
0.0000% share
−57.40% YoY
4.07% of Sub-Ch. 4501
Balance
−1.01
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−42.86% YoY
4.94% of Sub-Ch. 4501
Imports
1.05 ₹ Cr
0.0000% share
−11.02% YoY
3.09% of Sub-Ch. 4501
Balance
−1.87
Exports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 4501
Imports
1.87 ₹ Cr
0.0000% share
+78.10% YoY
6.77% of Sub-Ch. 4501
Balance
−1.47
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 4501
Imports
1.47 ₹ Cr
0.0000% share
−21.39% YoY
3.57% of Sub-Ch. 4501
Balance
−1.22
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.63% of Sub-Ch. 4501
Imports
1.23 ₹ Cr
0.0000% share
−16.33% YoY
2.58% of Sub-Ch. 4501
CAGR · 7-Year
Exports
−35.59% /yr
Imports
−1.90% /yr
Key Trade Insights: HSN Code 45011000 Export-Import Analysis
Export Decline: −35.59% CAGR Over 7 Years
India's exports under HSN Code 45011000 have declined at a compound annual rate of −35.59% over 7 fiscal years, falling from ₹0.14 Crore in FY 2018-19 to ₹0.01 Crore in FY 2024-25.
HSN Code 45011000 Ranked #10437 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 45011000 ranks #10437 out of 12657 HSN codes by total export value. Within Sub-Chapter 4501, it ranks #2 of 2. By trade surplus, it ranks #7985 of 12657.
FY 2019-20 Was the Strongest Growth Year for HSN Code 45011000 Exports
The strongest single-year export movement for HSN Code 45011000 was recorded in FY 2019-20, when exports surged by 57.14% over the prior year.
India Records a Trade Deficit of ₹1.22 Crore in HSN Code 45011000 Goods
In FY 2024-25, India's imports of ₹1.23 Cr exceeded exports of ₹0.01 Cr, resulting in a trade deficit of ₹1.22 Crore — ranking #7985 of 12657 by surplus magnitude.
Import Growth of −1.90% CAGR Signals Stable Import Dependency for Natural cork, raw or simply prepared
India's imports under HSN Code 45011000 have grown at −1.90% CAGR, reaching ₹1.23 Crore in FY 2024-25.
HSN Code 45011000 Contributes 0.63% of Sub-Chapter 4501 Exports — Ranked #2
Among the 2 HSN codes under Sub-Chapter 4501, HSN Code 45011000 ranks #2 by export value — accounting for 0.63% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.58% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 45011000 and GST compliance.
What products are classified under HSN 45011000 ?
It includes Natural cork, raw or simply prepared
Do e‑way bill and e‑invoice apply for Natural cork, raw or simply prepared?
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.
How much GST applies to Natural cork, raw or simply prepared?
Under HSN 45011000, Natural cork, raw or simply prepared attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Can we claim ITC on inputs used to trade Natural cork, raw or simply prepared?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Natural cork, raw or simply prepared?
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
How should mixed supplies be billed when Natural cork, raw or simply prepared is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Natural cork, raw or simply prepared; Nil for exempt items if applicable).