--- title: "HSN Code for Natural Indigo | HSN 32030040 GST Rate" description: "Find HSN and GST Rates for 32030040 related to Natural Indigo with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-32030040/" --- # HSN Code 32030040: Natural Indigo - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 32: Tanning or Dyeing Extracts; Dyes, Pigments and Other Colouring Matter](https://busy.in/hsn/chapter-32/) - [Sub-chapter 3203: Vegetable or animal dye extracts](https://busy.in/hsn/sub-chapter-3203/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Colouring matter of vegetable or animal origin (including dyeing extracts but excluding animal black), whether or not chemically defined; preparations as specified in Note 3 to this Chapter based on colouring matter of vegetable or animal origin : Natural indigo | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 32030040 ? It includes Natural Indigo ### How should mixed supplies be billed when Natural Indigo is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Natural Indigo; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Natural Indigo? 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 Natural Indigo? 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. ### How much GST applies to Natural Indigo? Under HSN 32030040, Natural Indigo attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Natural Indigo? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 32030040 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹12 Cr (+1.96% YoY) — 0.0003% of India's total exports - Imports: ₹13 Cr (+125.04% YoY) — 0.0002% of India's total imports - Trade balance: −₹1 Cr (Deficit); surplus rank #8048 of 12657 HSN codes - Share of Sub-Chapter 3203: 5.03% of its exports; import side 12.35% - Rank within Sub-Chapter 3203: #4 of 5 by export value; import-side #3 ### Key metrics - Export CAGR: 4.18% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5577 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +111.26% in FY 2021-22 - Contribution to Sub-Ch. 3203: 5.03% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 32030040 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 3203 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3203 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 9.34 | 0.0004% | — | 7.63% | < ₹1 Crore | 0.0000% | — | 0.31% | +9.06 | #5060 | | FY 2019-20 | 7.92 | 0.0004% | −15.20% | 5.67% | < ₹1 Crore | 0.0000% | +203.57% | 0.77% | +7.07 | #5304 | | FY 2020-21 | 8.88 | 0.0004% | +12.12% | 4.69% | 1.43 | 0.0000% | +68.24% | 1.31% | +7.45 | #5234 | | FY 2021-22 | 18.76 | 0.0006% | +111.26% | 9.88% | 3.37 | 0.0001% | +135.66% | 3.16% | +15.39 | #4685 | | FY 2022-23 | 8.23 | 0.0002% | −56.13% | 4.71% | 3.69 | 0.0001% | +9.50% | 3.10% | +4.54 | #5880 | | FY 2023-24 | 11.71 | 0.0003% | +42.28% | 4.96% | 5.95 | 0.0001% | +61.25% | 6.51% | +5.76 | #5510 | | FY 2024-25 | 11.94 | 0.0003% | +1.96% | 5.03% | 13.39 | 0.0002% | +125.04% | 12.35% | −1.45 | #5577 | - CAGR (7-year): exports 4.18%/yr, imports 90.52%/yr (consistently Deficit) ## Key trade insights: HSN Code 32030040 export-import analysis ### Consistent export growth: 4.18% CAGR over 7 years India's exports under HSN Code 32030040 have grown at a compound annual rate of 4.18% over 7 fiscal years, rising from ₹9.34 Crore in FY 2018-19 to ₹11.94 Crore in FY 2024-25. ### HSN Code 32030040 ranked #5577 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 32030040 ranks #5577 out of 12657 HSN codes by total export value. Within Sub-Chapter 3203, it ranks #4 of 5. By trade surplus, it ranks #8048 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 32030040 exports The strongest single-year export movement for HSN Code 32030040 was recorded in FY 2021-22, when exports surged by 111.26% over the prior year. ### India records a trade deficit of ₹1.45 Crore in HSN Code 32030040 goods In FY 2024-25, India's imports of ₹13.39 Cr exceeded exports of ₹11.94 Cr, resulting in a trade deficit of ₹1.45 Crore — ranking #8048 of 12657 by surplus magnitude. ### Import growth of 90.52% CAGR signals rising demand for Natural Indigo India's imports under HSN Code 32030040 have grown at 90.52% CAGR, reaching ₹13.39 Crore in FY 2024-25. ### HSN Code 32030040 contributes 5.03% of Sub-Chapter 3203 exports — ranked #4 Among the 5 HSN codes under Sub-Chapter 3203, HSN Code 32030040 ranks #4 by export value — accounting for 5.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 12.35% share (rank #3). ## Related HSN Codes in Sub-Chapter 3203 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 32030020: Food colors](https://busy.in/hsn/hsn-32030020/) | ₹131 Cr | | #2 | [HSN Code 32030090: Colouring matter: Other](https://busy.in/hsn/hsn-32030090/) | ₹50 Cr | | #3 | [HSN Code 32030010: Cutch extracts](https://busy.in/hsn/hsn-32030010/) | ₹39 Cr | | #4 | HSN Code 32030040: Natural Indigo (this hsn code) | ₹12 Cr | | #5 | [HSN Code 32030030: Colouring matter: Lac-dye](https://busy.in/hsn/hsn-32030030/) | ₹5 Cr |