What products are classified under HSN 4501
It includes Natural cork & processed cork
HSN Sub Chapter 4501 represents Natural cork & processed cork under GST classification. This code helps businesses identify Natural cork & processed cork correctly for billing, taxation, and trade. With HSN Sub Chapter 4501, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Natural cork & processed cork.
GST Rate for Natural cork & processed cork under HSN Code 4501. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 45 | 4501 | Natural cork, raw or simply sdf ksdf jklsd prepared; waste cork; crushed, granulated or ground cork | 5% | 5% |
Chapter: 45
Description: Natural cork, raw or simply sdf ksdf jklsd prepared; waste cork; crushed, granulated or ground cork
Following Tariff HSN code falls under Natural cork & processed cork:
Natural cork, raw or simply prepared
Other
It includes Natural cork & processed cork
Not always. Spares are often classified by their own description or by the function/part rule. Check if a specific sub‑heading exists for parts of the main item and describe the part on the invoice.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.
Exports are zero‑rated (with or without payment of IGST) subject to LUT/refund conditions. Imports may attract customs duties in addition to GST. Keep HSN‑wise description consistent across invoice, shipping bill and BOE.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.
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.