--- title: "HSN Code for Cork Sheets | HSN 45041010 GST Rate" description: "Find HSN and GST Rates for 45041010 related to Cork Sheets with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-45041010/" --- # HSN Code 45041010: Cork Sheets - [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 4504: Agglomerated cork articles](https://busy.in/hsn/sub-chapter-4504/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Sheets | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 45041010 ? It includes Cork Slabs ### How much GST applies to Cork Sheets? Under HSN 45041010, Cork Sheets attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Do e‑way bill and e‑invoice apply for Cork Sheets? 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 Cork Sheets? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Cork Sheets? 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 Cork Sheets? 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. ## India's trade performance: HSN Code 45041010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹25 Cr (+0.68% YoY) — 0.0007% of India's total exports - Imports: ₹17 Cr (−20.73% YoY) — 0.0003% of India's total imports - Trade balance: ₹8 Cr (Surplus); surplus rank #3425 of 12657 HSN codes - Share of Sub-Chapter 4504: 65.98% of its exports; import side 40.32% - Rank within Sub-Chapter 4504: #1 of 4 by export value; import-side #2 ### Key metrics - Export CAGR: 7.57% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4566 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +26.29% in FY 2021-22 - Contribution to Sub-Ch. 4504: 65.98% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 45041010 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. 4504 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 4504 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 16.20 | 0.0007% | — | 71.90% | < ₹1 Crore | 0.0000% | — | 5.34% | +15.33 | #4362 | | FY 2019-20 | 13.11 | 0.0006% | −19.07% | 69.44% | 5.10 | 0.0002% | +486.21% | 27.39% | +8.01 | #4665 | | FY 2020-21 | 15.71 | 0.0007% | +19.83% | 64.41% | 5.20 | 0.0002% | +1.96% | 54.97% | +10.51 | #4518 | | FY 2021-22 | 19.84 | 0.0006% | +26.29% | 64.84% | 11.81 | 0.0003% | +127.12% | 51.57% | +8.03 | #4614 | | FY 2022-23 | 25.04 | 0.0007% | +26.21% | 75.31% | 16.45 | 0.0003% | +39.29% | 49.95% | +8.59 | #4401 | | FY 2023-24 | 24.93 | 0.0007% | −0.44% | 63.02% | 21.08 | 0.0004% | +28.15% | 49.37% | +3.85 | #4461 | | FY 2024-25 | 25.10 | 0.0007% | +0.68% | 65.98% | 16.71 | 0.0003% | −20.73% | 40.32% | +8.39 | #4566 | - CAGR (7-year): exports 7.57%/yr, imports 63.65%/yr (consistently Surplus) ## Key trade insights: HSN Code 45041010 export-import analysis ### Consistent export growth: 7.57% CAGR over 7 years India's exports under HSN Code 45041010 have grown at a compound annual rate of 7.57% over 7 fiscal years, rising from ₹16.20 Crore in FY 2018-19 to ₹25.10 Crore in FY 2024-25. ### HSN Code 45041010 ranked #4566 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 45041010 ranks #4566 out of 12657 HSN codes by total export value. Within Sub-Chapter 4504, it ranks #1 of 4. By trade surplus, it ranks #3425 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 45041010 exports The strongest single-year export movement for HSN Code 45041010 was recorded in FY 2021-22, when exports surged by 26.29% over the prior year. ### India maintains a trade surplus of ₹8.39 Crore in HSN Code 45041010 goods In FY 2024-25, India's exports of ₹25.10 Cr exceeded imports of ₹16.71 Cr, resulting in a trade surplus of ₹8.39 Crore — ranking #3425 of 12657 by surplus magnitude. ### Import growth of 63.65% CAGR signals rising demand for Cork Sheets India's imports under HSN Code 45041010 have grown at 63.65% CAGR, reaching ₹16.71 Crore in FY 2024-25. ### HSN Code 45041010 contributes 65.98% of Sub-Chapter 4504 exports — ranked #1 Among the 4 HSN codes under Sub-Chapter 4504, HSN Code 45041010 ranks #1 by export value — accounting for 65.98% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 40.32% share (rank #2). ## Related HSN Codes in Sub-Chapter 4504 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 45041010: Cork Sheets (this hsn code) | ₹25 Cr | | #2 | [HSN Code 45041090: Blocks, Plates, Sheets (Other)](https://busy.in/hsn/hsn-45041090/) | ₹12 Cr | | #3 | [HSN Code 45049000: Cork Articles Not Elsewhere Classified](https://busy.in/hsn/hsn-45049000/) | ₹1 Cr | | — | [HSN Code 45041020: Cork Slabs](https://busy.in/hsn/hsn-45041020/) | Nil |