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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.

Description of Goods

Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Slabs

Chapter

45 - Cork and articles of cork

Sub Chapter

4504 - Agglomerated cork (with or without a binding substance) and articles of agglomerated cork

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 45041020 not include?

Cork Slabs does not include products with the following descriptions.

HSN Code 45041010

Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Sheets

HSN Code 45041090

Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs : Other

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India’s Trade Performance — HSN Code 45041020 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2025-26

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2025-26

−< ₹1 Crore

Trade Deficit

Surplus rank #7247 of 12872 HSN codes

% of Sub-Chapter 4504

FY 2025-26

0.00%

Share of Sub-Chapter 4504’s total exports in FY 2025-26

Import side: 0.04% of Sub-Chapter 4504’s imports

India Export-Import Trade Statistics for HSN Code 45041020

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

FY 2020-21

Balance

−0.06

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.63% of Sub-Ch. 4504

FY 2021-22

Balance

−0.02

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−66.67% YoY

0.09% of Sub-Ch. 4504

FY 2022-23

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 4504

FY 2023-24

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

FY 2024-25

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

FY 2025-26

Balance

−0.02

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 4504

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.04% of Sub-Ch. 4504

Sub-Chapter 4504 total

reference, FY 2025-26

Export

₹53.33 Cr

Import

₹45.41 Cr

Trade Balance

+7.92

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 45041020 Export-Import Analysis

Export Snapshot for HSN Code 45041020

India exported ₹0.00 Crore worth of Cork Slabs in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

India Records a Trade Deficit of ₹0.02 Crore in HSN Code 45041020 Goods

In FY 2025-26, India's imports of ₹0.02 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.02 Crore — ranking #7247 of 12872 by surplus magnitude.

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.

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Important Disclaimer

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.