---
title: "HSN Code for Natural Cork (Debacked/Roughly Squared) | HSN 45020000 GST Rate"
description: "Find HSN and GST Rates for 45020000 related to Natural Cork (Debacked/Roughly Squared) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-45020000/"
---

# HSN Code 45020000: Natural Cork (Debacked/Roughly Squared)

- [Section 09: Guide to HSN Section 09](https://busy.in/hsn/section-09/)
- [Chapter 45: Cork and Articles of Cork](https://busy.in/hsn/chapter-45/)
- [Sub-chapter 4502: Natural cork products](https://busy.in/hsn/sub-chapter-4502/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip (including sharp-edged blanks for corks or stoppers) | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 45020000 ?

It includes Corks and Stoppers

### How much GST applies to Natural Cork (Debacked/Roughly Squared)?

Under HSN 45020000, Natural Cork (Debacked/Roughly Squared) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### How should mixed supplies be billed when Natural Cork (Debacked/Roughly Squared) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Natural Cork (Debacked/Roughly Squared); Nil for exempt items if applicable).

### Any common misclassification issue with Natural Cork (Debacked/Roughly Squared)?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Do e‑way bill and e‑invoice apply for Natural Cork (Debacked/Roughly Squared)?

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.

### Can we claim ITC on inputs used to trade Natural Cork (Debacked/Roughly Squared)?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

## India's trade performance: HSN Code 45020000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1 Cr (0.00% YoY) — 0.0000% of India's total exports
- Imports: < ₹1 Crore (−92.11% YoY) — 0.0000% of India's total imports
- Trade balance: ₹1 Cr (Surplus); surplus rank #4358 of 12657 HSN codes
- Share of Sub-Chapter 4502: 100.00% of its exports; import side 100.00%
- Rank within Sub-Chapter 4502: #1 of 1 by export value; import-side #1

### Key metrics

- Export CAGR: 0.57% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #7874 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +239.53% in FY 2021-22
- Contribution to Sub-Ch. 4502: 100.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 45020000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 4502 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4502 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1.43 | 0.0001% | — | 100.00% | < ₹1 Crore | 0.0000% | — | 100.00% | +1.22 | #7289 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −58.04% | 100.00% | < ₹1 Crore | 0.0000% | −14.29% | 100.00% | +0.42 | #8058 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −28.33% | 100.00% | < ₹1 Crore | 0.0000% | −83.33% | 100.00% | +0.40 | #8343 |
| FY 2021-22 | 1.46 | 0.0000% | +239.53% | 100.00% | < ₹1 Crore | 0.0000% | +166.67% | 100.00% | +1.38 | #7646 |
| FY 2022-23 | 1.28 | 0.0000% | −12.33% | 100.00% | < ₹1 Crore | 0.0000% | +125.00% | 100.00% | +1.10 | #7882 |
| FY 2023-24 | 1.48 | 0.0000% | +15.63% | 100.00% | < ₹1 Crore | 0.0000% | +111.11% | 100.00% | +1.10 | #7869 |
| FY 2024-25 | 1.48 | 0.0000% | 0.00% | 100.00% | < ₹1 Crore | 0.0000% | −92.11% | 100.00% | +1.45 | #7874 |

- CAGR (7-year): exports 0.57%/yr, imports -27.70%/yr (consistently Surplus)

## Key trade insights: HSN Code 45020000 export-import analysis

### Consistent export growth: 0.57% CAGR over 7 years

India's exports under HSN Code 45020000 have grown at a compound annual rate of 0.57% over 7 fiscal years, rising from ₹1.43 Crore in FY 2018-19 to ₹1.48 Crore in FY 2024-25.

### HSN Code 45020000 ranked #7874 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 45020000 ranks #7874 out of 12657 HSN codes by total export value. Within Sub-Chapter 4502, it ranks #1 of 1. By trade surplus, it ranks #4358 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 45020000 exports

The strongest single-year export movement for HSN Code 45020000 was recorded in FY 2021-22, when exports surged by 239.53% over the prior year.

### India maintains a trade surplus of ₹1.45 Crore in HSN Code 45020000 goods

In FY 2024-25, India's exports of ₹1.48 Cr exceeded imports of ₹0.03 Cr, resulting in a trade surplus of ₹1.45 Crore — ranking #4358 of 12657 by surplus magnitude.

### Import growth of -27.70% CAGR signals stable import dependency for Natural Cork (Debacked/Roughly Squared)

India's imports under HSN Code 45020000 have grown at -27.70% CAGR, reaching ₹0.03 Crore in FY 2024-25.

### HSN Code 45020000 contributes 100.00% of Sub-Chapter 4502 exports — ranked #1

Among the 1 HSN codes under Sub-Chapter 4502, HSN Code 45020000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).

## Related HSN Codes in Sub-Chapter 4502

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 45020000: Natural Cork (Debacked/Roughly Squared) (this hsn code) | ₹1 Cr |