Under the GST regime, HSN Code 45041010 classifies Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets within Chapter 45 – Cork And Articles Of Cork. This code is essential for businesses to correctly calculate and remit taxes on Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets. The applicable rates are CGST at 6.00%, SGST/UTGST at 6.00% for within-state sales, and IGST at 12.00% for interstate supplies. Goods are quantified using N.a.
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 45041010
The tax structure for Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets under HSN Code 45041010 follows a dual taxation model. CGST is levied at 6.00% and SGST/UTGST at 6.00% for intrastate sales. Interstate transactions attract IGST at 12.00%. All invoices must record quantities in N.a as the standard measurement for goods under Chapter 45 – Cork And Articles Of Cork.
Who Should Use HSN Code 45041010?
Manufacturers, wholesalers, retailers, and exporters dealing in Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets are required to mention HSN 45041010 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
Commencing trade in Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets? Secure GST registration to handle taxes on HSN 45041010 classified goods. Businesses with international operations in Cork And Articles Of Cork need an Import Export Code. Exporters require AD Code registration for foreign currency receipts. Start with company registration to formalize your business structure.
Why Correct Classification Matters
Correct HSN Code 45041010 application for Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets ensures smooth input credit utilization and assessment processes. Track 6.00%, 6.00%, and 12.00% rate changes for Chapter 45 – Cork And Articles Of Cork through official notifications for continuous compliance.
Frequently Asked Questions (FAQs)
Which chapter does HSN Code 45041010 belong to?
HSN Code 45041010 falls under Chapter 45 – Cork And Articles Of Cork in the GST tariff schedule. This chapter covers various goods including Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets.
Is IGST applicable on Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets?
Yes, IGST at 12.00% is applicable when Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets is supplied interstate or imported. For local sales within a state, CGST at 6.00% and SGST/UTGST at 6.00% apply instead.
Can e-commerce sellers use HSN Code 45041010?
Yes, e-commerce sellers dealing in Agglomerated Cork (With Or Without A Binding Substance) And Articles Of Agglomerated Cork - Blocks, Plates, Sheets And Strip; Tiles Of Any Shape; Solid Cylinders, Including Discs : Sheets must use HSN 45041010 on their invoices. This applies to all online platforms operating under Cork And Articles Of Cork classification.
How do I start an import business for Cork And Articles Of Cork goods?
To import goods under Cork And Articles Of Cork, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.