HSN Code 45041010: Cork Sheets
HSN Code 45041010 represents Cork Sheets under GST classification. This code helps businesses identify Cork Sheets correctly for billing, taxation, and trade. With HSN Code 45041010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cork Sheets.
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Description of Goods for HSN Code 45041010
HSN Code 45041010 relates to the following description.
What does HSN Code 45041010 not include?
Cork Sheets does not include products with the following descriptions.
Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Slabs
Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Other
Other
India’s Trade Performance — HSN Code 45041010 in FY 2024-25
India’s Exports
FY 2024-25₹25 Cr
0.0007% of India’s total exports
India’s Imports
FY 2024-25₹17 Cr
0.0003% of India’s total imports
Trade Balance
FY 2024-25₹8 Cr
Surplus rank #3425 of 12657 HSN codes
% of Sub-Chapter 4504
FY 2024-2565.98%
Share of Sub-Chapter 4504’s total exports in FY 2024-25
Import side: 40.32% of Sub-Chapter 4504’s imports
Rank Within Sub-Chapter 4504
FY 2024-25#1 of 4
Position by export value among HSN codes in Sub-Chapter 4504
Import-side rank: #2 of 4
At a glance
7.57%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#4566
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+26.29%
Peak Growth Year
FY 2021-22 · strongest single-year move
65.98%
Contribution to Sub-Ch. 4504
Share of Sub-Chapter 4504 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
+15.33
Exports
16.20 ₹ Cr
0.0007% share
— YoY
71.90% of Sub-Ch. 4504
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
5.34% of Sub-Ch. 4504
Balance
+8.01
Exports
13.11 ₹ Cr
0.0006% share
−19.07% YoY
69.44% of Sub-Ch. 4504
Imports
5.10 ₹ Cr
0.0002% share
+486.21% YoY
27.39% of Sub-Ch. 4504
Balance
+10.51
Exports
15.71 ₹ Cr
0.0007% share
+19.83% YoY
64.41% of Sub-Ch. 4504
Imports
5.20 ₹ Cr
0.0002% share
+1.96% YoY
54.97% of Sub-Ch. 4504
Balance
+8.03
Exports
19.84 ₹ Cr
0.0006% share
+26.29% YoY
64.84% of Sub-Ch. 4504
Imports
11.81 ₹ Cr
0.0003% share
+127.12% YoY
51.57% of Sub-Ch. 4504
Balance
+8.59
Exports
25.04 ₹ Cr
0.0007% share
+26.21% YoY
75.31% of Sub-Ch. 4504
Imports
16.45 ₹ Cr
0.0003% share
+39.29% YoY
49.95% of Sub-Ch. 4504
Balance
+3.85
Exports
24.93 ₹ Cr
0.0007% share
−0.44% YoY
63.02% of Sub-Ch. 4504
Imports
21.08 ₹ Cr
0.0004% share
+28.15% YoY
49.37% of Sub-Ch. 4504
Balance
+8.39
Exports
25.10 ₹ Cr
0.0007% share
+0.68% YoY
65.98% of Sub-Ch. 4504
Imports
16.71 ₹ Cr
0.0003% share
−20.73% YoY
40.32% of Sub-Ch. 4504
CAGR · 7-Year
Exports
7.57% /yr
Imports
63.65% /yr
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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 45041010 and GST compliance.
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.