HSN Code 45039090: Articles of natural cork | Other
HSN Code 45039090 represents Articles of natural cork | Other under GST classification. This code helps businesses identify Articles of natural cork | Other correctly for billing, taxation, and trade. With HSN Code 45039090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Articles of natural cork | Other.
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Description of Goods for HSN Code 45039090
HSN Code 45039090 relates to the following description.
What does HSN Code 45039090 not include?
Articles of natural cork | Other does not include products with the following descriptions.
Corks and stoppers
Other : Shuttlecock cork bottom
India’s Trade Performance — HSN Code 45039090 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₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25−₹2 Cr
Surplus rank #8153 of 12657 HSN codes
% of Sub-Chapter 4503
FY 2024-2534.72%
Share of Sub-Chapter 4503’s total exports in FY 2024-25
Import side: 13.05% of Sub-Chapter 4503’s imports
Rank Within Sub-Chapter 4503
FY 2024-25#2 of 3
Position by export value among HSN codes in Sub-Chapter 4503
Import-side rank: #2 of 3
At a glance
−5.00%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9301
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+234.78%
Peak Growth Year
FY 2023-24 · strongest single-year move
34.72%
Contribution to Sub-Ch. 4503
Share of Sub-Chapter 4503 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 45039090
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−0.31
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
24.29% of Sub-Ch. 4503
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
38.69% of Sub-Ch. 4503
Balance
−0.55
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−32.35% YoY
12.04% of Sub-Ch. 4503
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+20.00% YoY
53.06% of Sub-Ch. 4503
Balance
−0.63
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−13.04% YoY
16.13% of Sub-Ch. 4503
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+6.41% YoY
48.54% of Sub-Ch. 4503
Balance
−1.54
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+30.00% YoY
19.40% of Sub-Ch. 4503
Imports
1.80 ₹ Cr
0.0000% share
+116.87% YoY
30.51% of Sub-Ch. 4503
Balance
−1.17
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−11.54% YoY
25.27% of Sub-Ch. 4503
Imports
1.40 ₹ Cr
0.0000% share
−22.22% YoY
17.57% of Sub-Ch. 4503
Balance
+0.23
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+234.78% YoY
47.83% of Sub-Ch. 4503
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−61.43% YoY
4.46% of Sub-Ch. 4503
Balance
−1.82
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−67.53% YoY
34.72% of Sub-Ch. 4503
Imports
2.07 ₹ Cr
0.0000% share
+283.33% YoY
13.05% of Sub-Ch. 4503
CAGR · 7-Year
Exports
−5.00% /yr
Imports
21.30% /yr
Key Trade Insights: HSN Code 45039090 Export-Import Analysis
Export Decline: −5.00% CAGR Over 7 Years
India's exports under HSN Code 45039090 have declined at a compound annual rate of −5.00% over 7 fiscal years, falling from ₹0.34 Crore in FY 2018-19 to ₹0.25 Crore in FY 2024-25.
HSN Code 45039090 Ranked #9301 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 45039090 ranks #9301 out of 12657 HSN codes by total export value. Within Sub-Chapter 4503, it ranks #2 of 3. By trade surplus, it ranks #8153 of 12657.
FY 2023-24 Was the Strongest Growth Year for HSN Code 45039090 Exports
The strongest single-year export movement for HSN Code 45039090 was recorded in FY 2023-24, when exports surged by 234.78% over the prior year.
India Records a Trade Deficit of ₹1.82 Crore in HSN Code 45039090 Goods
In FY 2024-25, India's imports of ₹2.07 Cr exceeded exports of ₹0.25 Cr, resulting in a trade deficit of ₹1.82 Crore — ranking #8153 of 12657 by surplus magnitude.
Import Growth of 21.30% CAGR Signals Rising Demand for Articles of natural cork | Other
India's imports under HSN Code 45039090 have grown at 21.30% CAGR, reaching ₹2.07 Crore in FY 2024-25.
HSN Code 45039090 Contributes 34.72% of Sub-Chapter 4503 Exports — Ranked #2
Among the 3 HSN codes under Sub-Chapter 4503, HSN Code 45039090 ranks #2 by export value — accounting for 34.72% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 13.05% share (rank #2).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 45039090 and GST compliance.
What products are classified under HSN 45039090 ?
It includes Cork Sheets
How much GST applies to Articles of natural cork / Other?
Under HSN 45039090, Articles of natural cork / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Articles of natural cork / Other?
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 Articles of natural cork / Other?
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.
Does packaging or labelling change the GST for Articles of natural cork / Other?
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 Articles of natural cork / Other?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
How should mixed supplies be billed when Articles of natural cork / Other is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Articles of natural cork / Other; Nil for exempt items if applicable).