HSN Code 45049000: Cork Articles Not Elsewhere Classified

HSN Code 45049000 represents Cork Articles Not Elsewhere Classified under GST classification. This code helps businesses identify Cork Articles Not Elsewhere Classified correctly for billing, taxation, and trade. With HSN Code 45049000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cork Articles Not Elsewhere Classified.

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Description of Goods for HSN Code 45049000

HSN Code 45049000 relates to the following description.

Description of Goods

Other

Chapter

45 - Cork and articles of cork

Sub Chapter

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

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 45049000 not include?

Cork Articles Not Elsewhere Classified 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 45041020

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

HSN Code 45041090

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

India’s Trade Performance — HSN Code 45049000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1 Cr

−17.50% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹6 Cr

+5.26% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹5 Cr

Trade Deficit

Surplus rank #8580 of 12657 HSN codes

% of Sub-Chapter 4504

FY 2024-25

3.47%

Share of Sub-Chapter 4504’s total exports in FY 2024-25

Import side: 14.48% of Sub-Chapter 4504’s imports

Rank Within Sub-Chapter 4504

FY 2024-25

#3 of 4

Position by export value among HSN codes in Sub-Chapter 4504

Import-side rank: #3 of 4

At a glance

1.46%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#7986

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+159.49%

Peak Growth Year

FY 2020-21 · strongest single-year move

3.47%

Contribution to Sub-Ch. 4504

Share of Sub-Chapter 4504 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 45049000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #7447

Balance

−2.04

Exports

1.21 ₹ Cr

0.0001% share

— YoY

5.37% of Sub-Ch. 4504

Imports

3.25 ₹ Cr

0.0001% share

— YoY

19.95% of Sub-Ch. 4504

FY 2019-20 Exp. Rank #7813

Balance

−1.57

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−34.71% YoY

4.18% of Sub-Ch. 4504

Imports

2.36 ₹ Cr

0.0001% share

−27.38% YoY

12.67% of Sub-Ch. 4504

FY 2020-21 Exp. Rank #6960

Balance

+0.15

Exports

2.05 ₹ Cr

0.0001% share

+159.49% YoY

8.41% of Sub-Ch. 4504

Imports

1.90 ₹ Cr

0.0001% share

−19.49% YoY

20.08% of Sub-Ch. 4504

FY 2021-22 Exp. Rank #6899

Balance

−0.44

Exports

3.02 ₹ Cr

0.0001% share

+47.32% YoY

9.87% of Sub-Ch. 4504

Imports

3.46 ₹ Cr

0.0001% share

+82.11% YoY

15.11% of Sub-Ch. 4504

FY 2022-23 Exp. Rank #7996

Balance

−2.17

Exports

1.13 ₹ Cr

0.0000% share

−62.58% YoY

3.40% of Sub-Ch. 4504

Imports

3.30 ₹ Cr

0.0001% share

−4.62% YoY

10.02% of Sub-Ch. 4504

FY 2023-24 Exp. Rank #7803

Balance

−4.10

Exports

1.60 ₹ Cr

0.0000% share

+41.59% YoY

4.04% of Sub-Ch. 4504

Imports

5.70 ₹ Cr

0.0001% share

+72.73% YoY

13.35% of Sub-Ch. 4504

FY 2024-25 Exp. Rank #7986

Balance

−4.68

Exports

1.32 ₹ Cr

0.0000% share

−17.50% YoY

3.47% of Sub-Ch. 4504

Imports

6.00 ₹ Cr

0.0001% share

+5.26% YoY

14.48% of Sub-Ch. 4504

CAGR · 7-Year

Exports

1.46% /yr

Imports

10.76% /yr

Consistently Deficit
Sub-Chapter 4504 total

reference, FY 2024-25

Export

₹38.04 Cr

Import

₹41.44 Cr

Trade Balance

−3.40

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

Key Trade Insights: HSN Code 45049000 Export-Import Analysis

Consistent Export Growth: 1.46% CAGR Over 7 Years

India's exports under HSN Code 45049000 have grown at a compound annual rate of 1.46% over 7 fiscal years, rising from ₹1.21 Crore in FY 2018-19 to ₹1.32 Crore in FY 2024-25.

HSN Code 45049000 Ranked #7986 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 45049000 ranks #7986 out of 12657 HSN codes by total export value. Within Sub-Chapter 4504, it ranks #3 of 4. By trade surplus, it ranks #8580 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 45049000 Exports

The strongest single-year export movement for HSN Code 45049000 was recorded in FY 2020-21, when exports surged by 159.49% over the prior year.

India Records a Trade Deficit of ₹4.68 Crore in HSN Code 45049000 Goods

In FY 2024-25, India's imports of ₹6.00 Cr exceeded exports of ₹1.32 Cr, resulting in a trade deficit of ₹4.68 Crore — ranking #8580 of 12657 by surplus magnitude.

Import Growth of 10.76% CAGR Signals Rising Demand for Cork Articles Not Elsewhere Classified

India's imports under HSN Code 45049000 have grown at 10.76% CAGR, reaching ₹6.00 Crore in FY 2024-25.

HSN Code 45049000 Contributes 3.47% of Sub-Chapter 4504 Exports — Ranked #3

Among the 4 HSN codes under Sub-Chapter 4504, HSN Code 45049000 ranks #3 by export value — accounting for 3.47% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 14.48% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 45049000 and GST compliance.

What products are classified under HSN 45049000 ?

It includes Mats and screens of vegetable materials, bamboo

How should mixed supplies be billed when Cork Articles Not Elsewhere Classified is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cork Articles Not Elsewhere Classified; Nil for exempt items if applicable).

Any common misclassification issue with Cork Articles Not Elsewhere Classified?

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 Articles Not Elsewhere Classified?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Cork Articles Not Elsewhere Classified?

Under HSN 45049000, Cork Articles Not Elsewhere Classified attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Cork Articles Not Elsewhere Classified?

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.

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.