---
title: "HSN Code for Corks and Stoppers | HSN 45031000 GST Rate"
description: "Find HSN and GST Rates for 45031000 related to Corks and Stoppers with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-45031000/"
---

# HSN Code 45031000: Corks and Stoppers

- [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 4503: Articles of natural cork](https://busy.in/hsn/sub-chapter-4503/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Corks and stoppers | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 45031000 ?

It includes Other : Shuttlecock cork bottom

### Do e‑way bill and e‑invoice apply for Corks and Stoppers?

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.

### Any common misclassification issue with Corks and Stoppers?

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

### How much GST applies to Corks and Stoppers?

Under HSN 45031000, Corks and Stoppers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Does packaging or labelling change the GST for Corks and Stoppers?

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.

### Can we claim ITC on inputs used to trade Corks and Stoppers?

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 45031000 (FY 2024-25)

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

- Exports: < ₹1 Crore (−44.05% YoY) — 0.0000% of India's total exports
- Imports: ₹12 Cr (+27.18% YoY) — 0.0002% of India's total imports
- Trade balance: −₹11 Cr (Deficit); surplus rank #9153 of 12657 HSN codes
- Share of Sub-Chapter 4503: 65.28% of its exports; import side 74.65%
- Rank within Sub-Chapter 4503: #1 of 3 by export value; import-side #1

### Key metrics

- Export CAGR: -12.68% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #8867 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +55.66% in FY 2019-20
- Contribution to Sub-Ch. 4503: 65.28% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 45031000

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. 4503 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4503 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 1.06 | 0.0000% | — | 75.71% | < ₹1 Crore | 0.0000% | — | 52.98% | +0.17 | #7575 |
| FY 2019-20 | 1.65 | 0.0001% | +55.66% | 86.39% | < ₹1 Crore | 0.0000% | −52.81% | 28.57% | +1.23 | #7118 |
| FY 2020-21 | 1.03 | 0.0000% | −37.58% | 83.06% | < ₹1 Crore | 0.0000% | +59.52% | 39.18% | +0.36 | #7642 |
| FY 2021-22 | 1.07 | 0.0000% | +3.88% | 79.85% | 3.19 | 0.0001% | +376.12% | 54.07% | −2.12 | #7913 |
| FY 2022-23 | < ₹1 Crore | 0.0000% | −37.38% | 73.63% | 5.98 | 0.0001% | +87.46% | 75.03% | −5.31 | #8438 |
| FY 2023-24 | < ₹1 Crore | 0.0000% | +25.37% | 52.17% | 9.31 | 0.0002% | +55.69% | 76.88% | −8.47 | #8386 |
| FY 2024-25 | < ₹1 Crore | 0.0000% | −44.05% | 65.28% | 11.84 | 0.0002% | +27.18% | 74.65% | −11.37 | #8867 |

- CAGR (7-year): exports -12.68%/yr, imports 53.93%/yr (consistently Deficit)

## Key trade insights: HSN Code 45031000 export-import analysis

### Export decline: -12.68% CAGR over 7 years

India's exports under HSN Code 45031000 have declined at a compound annual rate of -12.68% over 7 fiscal years, falling from ₹1.06 Crore in FY 2018-19 to ₹0.47 Crore in FY 2024-25.

### HSN Code 45031000 ranked #8867 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 45031000 ranks #8867 out of 12657 HSN codes by total export value. Within Sub-Chapter 4503, it ranks #1 of 3. By trade surplus, it ranks #9153 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 45031000 exports

The strongest single-year export movement for HSN Code 45031000 was recorded in FY 2019-20, when exports surged by 55.66% over the prior year.

### India records a trade deficit of ₹11.37 Crore in HSN Code 45031000 goods

In FY 2024-25, India's imports of ₹11.84 Cr exceeded exports of ₹0.47 Cr, resulting in a trade deficit of ₹11.37 Crore — ranking #9153 of 12657 by surplus magnitude.

### Import growth of 53.93% CAGR signals rising demand for Corks and Stoppers

India's imports under HSN Code 45031000 have grown at 53.93% CAGR, reaching ₹11.84 Crore in FY 2024-25.

### HSN Code 45031000 contributes 65.28% of Sub-Chapter 4503 exports — ranked #1

Among the 3 HSN codes under Sub-Chapter 4503, HSN Code 45031000 ranks #1 by export value — accounting for 65.28% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 74.65% share (rank #1).

## Related HSN Codes in Sub-Chapter 4503

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 45031000: Corks and Stoppers (this hsn code) | < ₹1 Crore |
| #2 | [HSN Code 45039090: Articles of natural cork \| Other](https://busy.in/hsn/hsn-45039090/) | < ₹1 Crore |
| — | [HSN Code 45039010: Other : Shuttlecock cork bottom](https://busy.in/hsn/hsn-45039010/) | Nil |