What products are classified under HSN 45031000 ?
It includes Other : Shuttlecock cork bottom
HSN Code 45031000 represents Corks and Stoppers under GST classification. This code helps businesses identify Corks and Stoppers correctly for billing, taxation, and trade. With HSN Code 45031000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Corks and Stoppers.
HSN Code 45031000 relates to the following description:
Corks and Stoppers does not include products with the following descriptions:
Other : Shuttlecock cork bottom
Other : Other
It includes Other : Shuttlecock cork bottom
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.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Under HSN 45031000, Corks and Stoppers attracts Varies when sold in taxable form. Describe the exact form on the invoice.
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.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.