What products are classified under HSN 45041020 ?
It includes Blocks, Plates, Sheets (Other)
HSN Code 45041020 represents Cork Slabs under GST classification. This code helps businesses identify Cork Slabs correctly for billing, taxation, and trade. With HSN Code 45041020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cork Slabs.
HSN Code 45041020 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 45 | Cork and articles of cork | 4504 | Agglomerated cork (with or without a binding substance) and articles of agglomerated cork | Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Slabs | 6% | 6% | 12% | 0% |
Cork Slabs does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Sheets | |
| Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Other | |
| Other |
Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Sheets
Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Other
Other
It includes Blocks, Plates, Sheets (Other)
Under HSN 45041020, Cork Slabs attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cork Slabs; Nil for exempt items if applicable).
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.
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.
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.