Headings in chapter 45 and their GST
| HSN | Description | GST |
|---|
| 4501 | Natural cork, raw or simply prepared, waste cork, crushed, granulated or ground cork2 tariff items | 5% or 18% |
| 4502 | Natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip (including sharp-edged blanks for corks or stoppers)1 tariff item | 5% |
| 4503 | Articles of natural cork3 tariff items | 5% |
| 4504 | Agglomerated cork (with or without a binding substance) and articles of agglomerated cork4 tariff items | 5% |
Where a heading shows two rates, its codes or its goods differ: tap the heading to see each 8-digit code and the condition for each rate.
What chapter 45 covers
Chapter 45 of the tariff is "Cork and articles of cork". It has 4 four-digit headings and 10 eight-digit tariff items, such as 4501 (Natural cork, raw or simply prepared, waste cork, crushed,), 4502 (Natural cork, debacked or roughly squared, or in), 4503 (Articles of natural cork).
GST rates in chapter 45
Most of its tariff items are taxed at 5%. By tariff item: 8 at 5%. For 2 of them the rate depends on how the goods are described or sold (for example the sale price, or whether they are pre-packaged and labelled), so the finder shows each option with its condition.
Questions
What is the GST rate for chapter 45 goods?
Most of its tariff items are taxed at 5%. Of the 10 eight-digit codes in chapter 45, 8 at 5%; the rest depend on the description. Check the exact code in the table: some headings have more than one rate.
What is HSN code 4501?
Heading 4501 is "Natural cork, raw or simply prepared, waste cork, crushed, granulated or ground cork". GST: 5% or 18%.