HSN Code 45041020: Cork Slabs
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 or export of Cork Slabs.
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Description of Goods for HSN Code 45041020
HSN Code 45041020 relates to the following description.
What does HSN Code 45041020 not include?
Cork Slabs does not include products with the following descriptions.
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
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Frequently Asked Questions
Clear answers to common queries about HSN Code 45041020 and GST compliance.
What products are classified under HSN 45041020 ?
It includes Blocks, Plates, Sheets (Other)
How much GST applies to Cork Slabs?
Under HSN 45041020, Cork Slabs attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Any common misclassification issue with Cork Slabs?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How should mixed supplies be billed when Cork Slabs is sold with other items?
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).
Does packaging or labelling change the GST for Cork Slabs?
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.
Do e‑way bill and e‑invoice apply for Cork Slabs?
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.
Can we claim ITC on inputs used to trade Cork Slabs?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.