--- title: "4501 HSN Code | HSN Code for Natural cork & processed cork in India" description: "Know more about 4501 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 4501 covering Natural cork & processed cork." canonical: "https://busy.in/hsn/sub-chapter-4501/" --- # HSN Sub-chapter 4501: Natural cork & processed cork Natural cork, raw or simply sdf ksdf jklsd prepared; waste cork; crushed, granulated or ground cork Part of [Chapter 45: Cork and Articles of Cork](https://busy.in/hsn/chapter-45/). - Current GST rate: 5% - Earlier GST rate: 5% ## HSN codes | Code | Title | | --- | --- | | 45011000 | [Natural cork, raw or simply prepared](https://busy.in/hsn/hsn-45011000/) | | 45019000 | [Cork waste; crushed/granulated](https://busy.in/hsn/hsn-45019000/) | ## Frequently asked questions ### What products are classified under HSN 4501 It includes Natural cork & processed cork ### Do spares or accessories of Natural cork & processed cork follow the same HSN? 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. ### What misclassification mistakes happen with Natural cork & processed cork? 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. ### Any import/export nuance for Natural cork & processed cork? 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. ### What are the e‑way bill and e‑invoice points while moving Natural cork & processed cork? 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. ### How do I bill a kit or combo that includes Natural cork & processed cork? 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. ## India's trade performance: HSN Sub-Chapter 4501 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹2 Cr (+39.13% YoY) — 0.0000% of India's total exports - Imports: ₹48 Cr (+15.60% YoY) — 0.0008% of India's total imports - Trade balance: −₹46 Cr (Deficit); surplus rank #664 of 1233 sub-chapters - Share of Chapter 45: 3.82% of its exports; import side 45.39% - Rank within Chapter 45: #2 of 4 by export value; import-side #1 ### Key metrics - Export CAGR: 18.09% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1130 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +83.05% in FY 2019-20 - Contribution to Ch. 45: 3.82% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 4501 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 45 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 45 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | < ₹1 Crore | 0.0000% | — | 2.27% | 37.63 | 0.0010% | — | 67.43% | −37.04 | #1150 | | FY 2019-20 | 1.08 | 0.0000% | +83.05% | 4.81% | 32.00 | 0.0010% | −14.96% | 61.21% | −30.92 | #1127 | | FY 2020-21 | 1.52 | 0.0001% | +40.74% | 5.51% | 28.97 | 0.0010% | −9.47% | 72.14% | −27.45 | #1107 | | FY 2021-22 | < ₹1 Crore | 0.0000% | −46.71% | 2.37% | 34.00 | 0.0007% | +17.36% | 54.07% | −33.19 | #1140 | | FY 2022-23 | 1.43 | 0.0000% | +76.54% | 3.88% | 27.63 | 0.0005% | −18.74% | 40.21% | −26.20 | #1127 | | FY 2023-24 | 1.15 | 0.0000% | −19.58% | 2.63% | 41.23 | 0.0007% | +49.22% | 42.77% | −40.08 | #1144 | | FY 2024-25 | 1.60 | 0.0000% | +39.13% | 3.82% | 47.66 | 0.0008% | +15.60% | 45.39% | −46.06 | #1130 | - CAGR (7-year): exports 18.09%/yr, imports 4.02%/yr (consistently Deficit) ## Key trade insights: HSN Sub-Chapter 4501 export-import analysis ### Consistent export growth: 18.09% CAGR over 7 years India's exports under HSN Sub-Chapter 4501 have grown at a compound annual rate of 18.09% over 7 fiscal years, rising from ₹0.59 Crore in FY 2018-19 to ₹1.60 Crore in FY 2024-25. ### HSN Sub-Chapter 4501 ranked #1130 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 4501 ranks #1130 out of 1233 sub-chapters by total export value. Within Chapter 45, it ranks #2 of 4. By trade surplus, it ranks #664 of 1233. ### FY 2019-20 was the strongest growth year for HSN Sub-Chapter 4501 exports The strongest single-year export movement for HSN Sub-Chapter 4501 was recorded in FY 2019-20, when exports surged by 83.05% over the prior year. ### India records a trade deficit of ₹46.06 Crore in HSN Sub-Chapter 4501 goods In FY 2024-25, India's imports of ₹47.66 Cr exceeded exports of ₹1.60 Cr, resulting in a trade deficit of ₹46.06 Crore — ranking #664 of 1233 by surplus magnitude. ### Import growth of 4.02% CAGR signals stable import dependency for Natural cork & processed cork India's imports under HSN Sub-Chapter 4501 have grown at 4.02% CAGR, reaching ₹47.66 Crore in FY 2024-25. ### HSN Sub-Chapter 4501 contributes 3.82% of Chapter 45 exports — ranked #2 Among the 4 sub-chapters under Chapter 45, HSN Sub-Chapter 4501 ranks #2 by export value — accounting for 3.82% of the chapter's total exports in FY 2024-25. On the import side, it holds 45.39% share (rank #1). ## Related Sub-Chapters in Chapter 45 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 4504: Agglomerated cork articles](https://busy.in/hsn/sub-chapter-4504/) | ₹38 Cr | | #2 | HSN Sub-Chapter 4501: Natural cork & processed cork (this hsn sub-chapter) | ₹2 Cr | | #3 | [HSN Sub-Chapter 4502: Natural cork products](https://busy.in/hsn/sub-chapter-4502/) | ₹1 Cr | | #4 | [HSN Sub-Chapter 4503: Articles of natural cork](https://busy.in/hsn/sub-chapter-4503/) | < ₹1 Crore | ## Other sub-chapters | Code | Title | | --- | --- | | 4502 | [Natural cork products](https://busy.in/hsn/sub-chapter-4502/) | | 4503 | [Articles of natural cork](https://busy.in/hsn/sub-chapter-4503/) | | 4504 | [Agglomerated cork articles](https://busy.in/hsn/sub-chapter-4504/) |