HSN Code 32029010: Other | Inorganic Tanning Substances

HSN Code 32029010 represents Other | Inorganic Tanning Substances under GST classification. This code helps businesses identify Other | Inorganic Tanning Substances correctly for billing, taxation, and trade. With HSN Code 32029010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Inorganic Tanning Substances.

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Description of Goods for HSN Code 32029010

HSN Code 32029010 relates to the following description.

Description of Goods

Other : Inorganic tanning substances

Chapter

32 - Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter;paints and varnishes; putty and other mastics; inks

Sub Chapter

3202 - Synthetic organic tanning substances;inorganic tanning substances; tanning preparations, whether or not containing natural tanning substances; enzymatic preparations for pre-tanning

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32029010 not include?

Other | Inorganic Tanning Substances does not include products with the following descriptions.

Other : Tanning preparations, whether or not containing natural tanning substances

India’s Trade Performance — HSN Code 32029010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹7 Cr

−25.96% vs FY 2023-24

0.0002% of India’s total exports

India’s Imports

FY 2024-25

₹3 Cr

−55.85% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹3 Cr

Trade Surplus

Surplus rank #3972 of 12657 HSN codes

% of Sub-Chapter 3202

FY 2024-25

2.30%

Share of Sub-Chapter 3202’s total exports in FY 2024-25

Import side: 2.60% of Sub-Chapter 3202’s imports

Rank Within Sub-Chapter 3202

FY 2024-25

#5 of 5

Position by export value among HSN codes in Sub-Chapter 3202

Import-side rank: #5 of 5

At a glance

−43.86%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#6300

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+78.65%

Peak Growth Year

FY 2022-23 · strongest single-year move

2.30%

Contribution to Sub-Ch. 3202

Share of Sub-Chapter 3202 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 32029010

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #1275

Balance

+197.05

Exports

210.43 ₹ Cr

0.0092% share

YoY

41.45% of Sub-Ch. 3202

Imports

13.38 ₹ Cr

0.0004% share

YoY

6.56% of Sub-Ch. 3202

FY 2019-20 Exp. Rank #1471

Balance

+152.13

Exports

168.51 ₹ Cr

0.0077% share

−19.92% YoY

37.20% of Sub-Ch. 3202

Imports

16.38 ₹ Cr

0.0005% share

+22.42% YoY

9.62% of Sub-Ch. 3202

FY 2020-21 Exp. Rank #2012

Balance

+96.16

Exports

105.26 ₹ Cr

0.0049% share

−37.53% YoY

30.37% of Sub-Ch. 3202

Imports

9.10 ₹ Cr

0.0003% share

−44.44% YoY

7.98% of Sub-Ch. 3202

FY 2021-22 Exp. Rank #6240

Balance

−4.93

Exports

5.48 ₹ Cr

0.0002% share

−94.79% YoY

1.75% of Sub-Ch. 3202

Imports

10.41 ₹ Cr

0.0002% share

+14.40% YoY

6.31% of Sub-Ch. 3202

FY 2022-23 Exp. Rank #5654

Balance

+4.31

Exports

9.79 ₹ Cr

0.0003% share

+78.65% YoY

3.49% of Sub-Ch. 3202

Imports

5.48 ₹ Cr

0.0001% share

−47.36% YoY

3.65% of Sub-Ch. 3202

FY 2023-24 Exp. Rank #5873

Balance

+1.47

Exports

8.90 ₹ Cr

0.0002% share

−9.09% YoY

2.84% of Sub-Ch. 3202

Imports

7.43 ₹ Cr

0.0001% share

+35.58% YoY

5.31% of Sub-Ch. 3202

FY 2024-25 Exp. Rank #6300

Balance

+3.31

Exports

6.59 ₹ Cr

0.0002% share

−25.96% YoY

2.30% of Sub-Ch. 3202

Imports

3.28 ₹ Cr

0.0001% share

−55.85% YoY

2.60% of Sub-Ch. 3202

CAGR · 7-Year

Exports

−43.86% /yr

Imports

−20.89% /yr

Consistently Surplus
Sub-Chapter 3202 total

reference, FY 2024-25

Export

₹286.44 Cr

Import

₹126.00 Cr

Trade Balance

+160.44

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 32029010 Export-Import Analysis

Export Decline: −43.86% CAGR Over 7 Years

India's exports under HSN Code 32029010 have declined at a compound annual rate of −43.86% over 7 fiscal years, falling from ₹210.43 Crore in FY 2018-19 to ₹6.59 Crore in FY 2024-25.

HSN Code 32029010 Ranked #6300 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32029010 ranks #6300 out of 12657 HSN codes by total export value. Within Sub-Chapter 3202, it ranks #5 of 5. By trade surplus, it ranks #3972 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 32029010 Exports

The strongest single-year export movement for HSN Code 32029010 was recorded in FY 2022-23, when exports surged by 78.65% over the prior year.

India Maintains a Trade Surplus of ₹3.31 Crore in HSN Code 32029010 Goods

In FY 2024-25, India's exports of ₹6.59 Cr exceeded imports of ₹3.28 Cr, resulting in a trade surplus of ₹3.31 Crore — ranking #3972 of 12657 by surplus magnitude.

Import Growth of −20.89% CAGR Signals Stable Import Dependency for Other | Inorganic Tanning Substances

India's imports under HSN Code 32029010 have grown at −20.89% CAGR, reaching ₹3.28 Crore in FY 2024-25.

HSN Code 32029010 Contributes 2.30% of Sub-Chapter 3202 Exports — Ranked #5

Among the 5 HSN codes under Sub-Chapter 3202, HSN Code 32029010 ranks #5 by export value — accounting for 2.30% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.60% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32029010 and GST compliance.

What products are classified under HSN 32029010 ?

It includes Other | Inorganic Tanning Substances

Do e‑way bill and e‑invoice apply for Other / Inorganic Tanning Substances?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

Does packaging or labelling change the GST for Other / Inorganic Tanning Substances?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Can we claim ITC on inputs used to trade Other / Inorganic Tanning Substances?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

Any common misclassification issue with Other / Inorganic Tanning Substances?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How much GST applies to Other / Inorganic Tanning Substances?

Under HSN 32029010, Other / Inorganic Tanning Substances attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.