What products are classified under HSN 4503
It includes Articles of natural cork
- Section 09 – Wood And Articles Of Wood; Wood Charcoal; Cork And Articles Of Cork; Manufactures Of Straw, Of Esparto Or Of Other Plaiting Materials; Basketware And Wickerwork
- Chapter 45 – Cork and articles of cork
- Sub Chapter 4503 – Articles of natural cork
- New GST Rate for HSN Code 4503
- Tariff HSN Codes under Sub Chapter 4503
- FAQs for Sub Chapter 4503
- Important Disclaimer
4503 HSN Code: Articles of natural cork
HSN Sub Chapter 4503 represents Articles of natural cork under GST classification. This code helps businesses identify Articles of natural cork correctly for billing, taxation, and trade. With HSN Sub Chapter 4503, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Articles of natural cork.
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New GST Rate for HSN Code 4503
GST Rate for Articles of natural cork under HSN Code 4503. 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 | 4503 | Articles of natural cork | 5% | 12% |
Tariff HSN Codes under HSN Sub Chapter 4503
Following Tariff HSN code falls under Articles of natural cork:
| Tariff HSN | Description |
|---|---|
| Corks and stoppers | |
| Other : Shuttlecock cork bottom | |
| Other : Other |
Corks and stoppers
Other : Shuttlecock cork bottom
Other : Other
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FAQs for Sub Chapter 4503
Can I claim ITC on inputs and services used for Articles of natural cork?
If your outward supply of Articles of natural cork 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.
What misclassification mistakes happen with Articles of natural 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 Articles of natural 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.
If I repair and return Articles of natural cork, how should I charge GST?
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
Any special steps when selling Articles of natural cork through an e‑commerce platform?
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
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.
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