HSN Code 32029020: Other Tanning Preparations

HSN Code 32029020 represents Other Tanning Preparations under GST classification. This code helps businesses identify Other Tanning Preparations correctly for billing, taxation, and trade. With HSN Code 32029020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Tanning Preparations.

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Description of Goods for HSN Code 32029020

HSN Code 32029020 relates to the following description.

Description of Goods

Other : Tanning preparations, whether or not containing natural 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 32029020 not include?

Other Tanning Preparations does not include products with the following descriptions.

India’s Trade Performance — HSN Code 32029020 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

₹37 Cr

−11.55% vs FY 2023-24

0.0010% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

−63.92% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹32 Cr

Trade Surplus

Surplus rank #2472 of 12657 HSN codes

% of Sub-Chapter 3202

FY 2024-25

12.89%

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

Import side: 3.58% of Sub-Chapter 3202’s imports

Rank Within Sub-Chapter 3202

FY 2024-25

#2 of 5

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

Import-side rank: #4 of 5

At a glance

−2.47%

Export CAGR

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

#4026

National Export Rank

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

+34.20%

Peak Growth Year

FY 2021-22 · strongest single-year move

12.89%

Contribution to Sub-Ch. 3202

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

India Export-Import Trade Statistics for HSN Code 32029020

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 #3105

Balance

+13.49

Exports

42.89 ₹ Cr

0.0019% share

— YoY

8.45% of Sub-Ch. 3202

Imports

29.40 ₹ Cr

0.0008% share

— YoY

14.40% of Sub-Ch. 3202

FY 2019-20 Exp. Rank #2963

Balance

+26.69

Exports

47.14 ₹ Cr

0.0021% share

+9.91% YoY

10.41% of Sub-Ch. 3202

Imports

20.45 ₹ Cr

0.0006% share

−30.44% YoY

12.01% of Sub-Ch. 3202

FY 2020-21 Exp. Rank #3458

Balance

+25.43

Exports

34.50 ₹ Cr

0.0016% share

−26.81% YoY

9.95% of Sub-Ch. 3202

Imports

9.07 ₹ Cr

0.0003% share

−55.65% YoY

7.96% of Sub-Ch. 3202

FY 2021-22 Exp. Rank #3467

Balance

+29.48

Exports

46.30 ₹ Cr

0.0015% share

+34.20% YoY

14.78% of Sub-Ch. 3202

Imports

16.82 ₹ Cr

0.0004% share

+85.45% YoY

10.19% of Sub-Ch. 3202

FY 2022-23 Exp. Rank #3801

Balance

+28.69

Exports

39.33 ₹ Cr

0.0011% share

−15.05% YoY

14.02% of Sub-Ch. 3202

Imports

10.64 ₹ Cr

0.0002% share

−36.74% YoY

7.08% of Sub-Ch. 3202

FY 2023-24 Exp. Rank #3780

Balance

+29.23

Exports

41.73 ₹ Cr

0.0012% share

+6.10% YoY

13.30% of Sub-Ch. 3202

Imports

12.50 ₹ Cr

0.0002% share

+17.48% YoY

8.93% of Sub-Ch. 3202

FY 2024-25 Exp. Rank #4026

Balance

+32.40

Exports

36.91 ₹ Cr

0.0010% share

−11.55% YoY

12.89% of Sub-Ch. 3202

Imports

4.51 ₹ Cr

0.0001% share

−63.92% YoY

3.58% of Sub-Ch. 3202

CAGR · 7-Year

Exports

−2.47% /yr

Imports

−26.83% /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 32029020 Export-Import Analysis

Export Decline: −2.47% CAGR Over 7 Years

India's exports under HSN Code 32029020 have declined at a compound annual rate of −2.47% over 7 fiscal years, falling from ₹42.89 Crore in FY 2018-19 to ₹36.91 Crore in FY 2024-25.

HSN Code 32029020 Ranked #4026 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32029020 ranks #4026 out of 12657 HSN codes by total export value. Within Sub-Chapter 3202, it ranks #2 of 5. By trade surplus, it ranks #2472 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 32029020 Exports

The strongest single-year export movement for HSN Code 32029020 was recorded in FY 2021-22, when exports surged by 34.20% over the prior year.

India Maintains a Trade Surplus of ₹32.40 Crore in HSN Code 32029020 Goods

In FY 2024-25, India's exports of ₹36.91 Cr exceeded imports of ₹4.51 Cr, resulting in a trade surplus of ₹32.40 Crore — ranking #2472 of 12657 by surplus magnitude.

Import Growth of −26.83% CAGR Signals Stable Import Dependency for Other Tanning Preparations

India's imports under HSN Code 32029020 have grown at −26.83% CAGR, reaching ₹4.51 Crore in FY 2024-25.

HSN Code 32029020 Contributes 12.89% of Sub-Chapter 3202 Exports — Ranked #2

Among the 5 HSN codes under Sub-Chapter 3202, HSN Code 32029020 ranks #2 by export value — accounting for 12.89% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.58% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32029020 and GST compliance.

What products are classified under HSN 32029020 ?

It includes Other Tanning Preparations

Any common misclassification issue with Other Tanning Preparations?

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

How should mixed supplies be billed when Other Tanning Preparations is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Tanning Preparations; Nil for exempt items if applicable).

How much GST applies to Other Tanning Preparations?

Under HSN 32029020, Other Tanning Preparations attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other Tanning Preparations?

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

Do e‑way bill and e‑invoice apply for Other Tanning Preparations?

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 Tanning Preparations?

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.

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.