Natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip (including sharp-edged
Under the Harmonized System of Nomenclature (HSN), the code 4502 specifically identifies natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip (including sharp-edged for the purpose of taxation and trade in Bharat. This ensures uniform classification across all Indian states and Union Territories.
"Classifying natural cork, debacked or roughly squared, or in rectangular (including square) blocks, plates, sheets or strip (including sharp-edged correctly is critical to avoid litigation. While the base rate is 5%, always check for anti-dumping duties if importing, especially under the Cork category. AasanKhata automatically monitors these shifts for you."