Within Chapter 45 – Cork And Articles Of Cork, HSN Code 45011000 serves as the official classification for Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared. This code determines tax rates and compliance obligations for all entities trading in Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared. CGST applies at 0.025, SGST/UTGST at 0.025 for local transactions, and IGST at 0.05 for interstate supplies. Measurement is standardized in kg..
HSN Codes under Chapter 45 – Cork And Articles Of Cork
Below are related HSN codes from Chapter 45 – Cork And Articles Of Cork for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Cork And Articles Of Cork... | 45011000 | Natural Cork, Raw Or Simply Prepared; Waste Cork; ... | 0.025 | 0.025 | 0.05 |
| Cork And Articles Of Cork... | 45019000 | Natural Cork, Raw Or Simply Prepared; Waste Cork; ... | 0.09 | 0.09 | 0.18 |
| Cork And Articles Of Cork... | 45020000 | Natural Cork, Debacked Or Roughly Squared, Or In R... | 0.06 | 0.06 | 0.12 |
| Cork And Articles Of Cork... | 45031000 | Articles Of Natural Cork - Corks And Stoppers | 0.06 | 0.06 | 0.12 |
| Cork And Articles Of Cork... | 45039010 | Articles Of Natural Cork - Other : Shuttlecock Cor... | 6.00% | 6.00% | 12.00% |
| Cork And Articles Of Cork... | 45039090 | Articles Of Natural Cork - Other : Other | 0.06 | 0.06 | 0.12 |
| Cork And Articles Of Cork... | 45041010 | Agglomerated Cork (With Or Without A Binding Subst... | 6.00% | 6.00% | 12.00% |
| Cork And Articles Of Cork... | 45041020 | Agglomerated Cork (With Or Without A Binding Subst... | 6.00% | 6.00% | 12.00% |
| Cork And Articles Of Cork... | 45041090 | Agglomerated Cork (With Or Without A Binding Subst... | 0.06 | 0.06 | 0.12 |
| Cork And Articles Of Cork... | 45049000 | Agglomerated Cork (With Or Without A Binding Subst... | 0.06 | 0.06 | 0.12 |
GST Rates for HSN 45011000
Tax liability for Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared under HSN 45011000 varies by transaction geography. CGST at 0.025 combined with SGST/UTGST at 0.025 applies to local sales. Interstate movement attracts IGST at 0.05. All billing for Chapter 45 – Cork And Articles Of Cork products must use kg..
Who Should Use HSN Code 45011000?
Manufacturers, wholesalers, retailers, and exporters dealing in Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared are required to mention HSN 45011000 on all tax documents. This classification under Cork And Articles Of Cork applies to businesses of all sizes operating within Chapter 45. Proper usage ensures accurate return filing and audit compliance.
Business Registration Requirements
Starting a business involving Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared? GST registration is mandatory for collecting and remitting taxes on HSN 45011000 goods. Companies planning international trade within Cork And Articles Of Cork must obtain an Import Export Code. Exporters need AD Code registration for receiving foreign payments. New entrepreneurs should complete company registration before pursuing trade-specific approvals.
Why Correct Classification Matters
Accurate HSN Code 45011000 usage for Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared simplifies reconciliation and protects against penalties. Keep current with 0.025, 0.025, and 0.05 updates for Chapter 45 – Cork And Articles Of Cork to ensure ongoing compliance.
Frequently Asked Questions (FAQs)
Official GST rates for Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared under HSN 45011000 are published in government notifications and the CBIC website. Current rates are CGST 0.025, SGST/UTGST 0.025, and IGST 0.05.
Yes, online marketplaces and e-commerce operators selling Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared must mention HSN Code 45011000 on invoices. This Cork And Articles Of Cork classification applies to all sales channels under Chapter 45.
For company registration, you need identity proof, address proof, and registered office documents. Once registered, apply for GST registration to start trading in Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared under HSN 45011000.
GST rates for Natural Cork, Raw Or Simply Prepared; Waste Cork; Crushed, Granulated Or Ground Cork - Natural Cork, Raw Or Simply Prepared and other Cork And Articles Of Cork products under Chapter 45 may change through GST Council recommendations. Monitor official notifications to stay updated on 0.025, 0.025, and 0.05 revisions.