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HSN CODE - 45041020 : Slabs

HSN CODE Description Policy
4504AGGLOMERATED CORK (WITH OR WITHOUT A BINDING SUBSTANCE) AND ARTICLES OF AGGLOMERATED CORK
450410Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs
45041020SlabsFree

Harmonised System of Nomenclature (HSN Codes) 45041020 are used for the Slabs products under Goods and Service Tax classification.

India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.

Understanding HSN Code 45041020

First two digits (45) represent the chapter number which is Chapter 45 - Cork and articles of cork

Next two digits (04) represent the heading number which is AGGLOMERATED CORK (WITH OR WITHOUT A BINDING SUBSTANCE) AND ARTICLES OF AGGLOMERATED CORK

Next two digits (10) represent the product code which is Blocks, plates, sheets and strip; tiles of any shape; solid cylinders, including discs

Last two digits (20) are for final or deeper classification which is Slabs

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.