---
title: "4502 HSN Code | HSN Code for Natural cork products in India"
description: "Know more about 4502 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 4502 covering Natural cork products."
canonical: "https://busy.in/hsn/sub-chapter-4502/"
---

# HSN Sub-chapter 4502: Natural cork products

Natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip (including sharp-edged blanks for corks or stoppers)

Part of [Chapter 45: Cork and Articles of Cork](https://busy.in/hsn/chapter-45/).

- Current GST rate: 40%
- Earlier GST rate: 12%

## HSN codes

| Code | Title |
| --- | --- |
| 45020000 | [Natural Cork (Debacked/Roughly Squared)](https://busy.in/hsn/hsn-45020000/) |

## Frequently asked questions

### What products are classified under HSN 4502

It includes Natural cork products

### How do I bill a kit or combo that includes Natural cork products?

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.

### Can I claim ITC on inputs and services used for Natural cork products?

If your outward supply of Natural cork products is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

### Can reverse charge ever apply to transactions involving Natural cork products?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Natural cork products are forward charge. Check the current notifications for any special cases before deciding.

### Any import/export nuance for Natural cork products?

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 products?

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.

### Does packaging or branding change how GST applies to Natural cork products?

Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Natural cork products is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.

## India's trade performance: HSN Sub-Chapter 4502 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹1 Cr (0.00% YoY) — 0.0000% of India's total exports
- Imports: < ₹1 Crore (−92.11% YoY) — 0.0000% of India's total imports
- Trade balance: ₹1 Cr (Surplus); surplus rank #503 of 1233 sub-chapters
- Share of Chapter 45: 3.54% of its exports; import side 0.03%
- Rank within Chapter 45: #3 of 4 by export value; import-side #4

### Key metrics

- Export CAGR: 0.57% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1132 of 1233 sub-chapters by export value (FY 2024-25)
- Peak growth year: +239.53% in FY 2021-22
- Contribution to Ch. 45: 3.54% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Sub-Chapter 4502

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 | 1.43 | 0.0001% | — | 5.51% | < ₹1 Crore | 0.0000% | — | 0.38% | +1.22 | #1122 |
| FY 2019-20 | < ₹1 Crore | 0.0000% | −58.04% | 2.67% | < ₹1 Crore | 0.0000% | −14.29% | 0.34% | +0.42 | #1146 |
| FY 2020-21 | < ₹1 Crore | 0.0000% | −28.33% | 1.56% | < ₹1 Crore | 0.0000% | −83.33% | 0.07% | +0.40 | #1146 |
| FY 2021-22 | 1.46 | 0.0000% | +239.53% | 4.27% | < ₹1 Crore | 0.0000% | +166.67% | 0.13% | +1.38 | #1127 |
| FY 2022-23 | 1.28 | 0.0000% | −12.33% | 3.47% | < ₹1 Crore | 0.0000% | +125.00% | 0.26% | +1.10 | #1130 |
| FY 2023-24 | 1.48 | 0.0000% | +15.63% | 3.38% | < ₹1 Crore | 0.0000% | +111.11% | 0.39% | +1.10 | #1135 |
| FY 2024-25 | 1.48 | 0.0000% | 0.00% | 3.54% | < ₹1 Crore | 0.0000% | −92.11% | 0.03% | +1.45 | #1132 |

- CAGR (7-year): exports 0.57%/yr, imports -27.70%/yr (consistently Surplus)

## Key trade insights: HSN Sub-Chapter 4502 export-import analysis

### Consistent export growth: 0.57% CAGR over 7 years

India's exports under HSN Sub-Chapter 4502 have grown at a compound annual rate of 0.57% over 7 fiscal years, rising from ₹1.43 Crore in FY 2018-19 to ₹1.48 Crore in FY 2024-25.

### HSN Sub-Chapter 4502 ranked #1132 among all 1233 sub-chapters by export value

In FY 2024-25, HSN Sub-Chapter 4502 ranks #1132 out of 1233 sub-chapters by total export value. Within Chapter 45, it ranks #3 of 4. By trade surplus, it ranks #503 of 1233.

### FY 2021-22 was the strongest growth year for HSN Sub-Chapter 4502 exports

The strongest single-year export movement for HSN Sub-Chapter 4502 was recorded in FY 2021-22, when exports surged by 239.53% over the prior year.

### India maintains a trade surplus of ₹1.45 Crore in HSN Sub-Chapter 4502 goods

In FY 2024-25, India's exports of ₹1.48 Cr exceeded imports of ₹0.03 Cr, resulting in a trade surplus of ₹1.45 Crore — ranking #503 of 1233 by surplus magnitude.

### Import growth of -27.70% CAGR signals stable import dependency for Natural cork products

India's imports under HSN Sub-Chapter 4502 have grown at -27.70% CAGR, reaching ₹0.03 Crore in FY 2024-25.

### HSN Sub-Chapter 4502 contributes 3.54% of Chapter 45 exports — ranked #3

Among the 4 sub-chapters under Chapter 45, HSN Sub-Chapter 4502 ranks #3 by export value — accounting for 3.54% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #4).

## 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](https://busy.in/hsn/sub-chapter-4501/) | ₹2 Cr |
| #3 | HSN Sub-Chapter 4502: Natural cork products (this hsn sub-chapter) | ₹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 |
| --- | --- |
| 4501 | [Natural cork & processed cork](https://busy.in/hsn/sub-chapter-4501/) |
| 4503 | [Articles of natural cork](https://busy.in/hsn/sub-chapter-4503/) |
| 4504 | [Agglomerated cork articles](https://busy.in/hsn/sub-chapter-4504/) |