HSN Code 32030040: Natural Indigo

HSN Code 32030040 represents Natural Indigo under GST classification. This code helps businesses identify Natural Indigo correctly for billing, taxation, and trade. With HSN Code 32030040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Natural Indigo.

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Description of Goods for HSN Code 32030040

HSN Code 32030040 relates to the following description.

Description of Goods

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

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

3203 - 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

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32030040 not include?

Natural Indigo does not include products with the following descriptions.

HSN Code 32030010

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 : Cutch (Catechu) extracts

HSN Code 32030020

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 : Food colours other than synthetic

HSN Code 32030030

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 : Lac-dye

HSN Code 32030090

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 : Other

India’s Trade Performance — HSN Code 32030040 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

₹12 Cr

+1.96% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹13 Cr

+125.04% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

−₹1 Cr

Trade Deficit

Surplus rank #8048 of 12657 HSN codes

% of Sub-Chapter 3203

FY 2024-25

5.03%

Share of Sub-Chapter 3203’s total exports in FY 2024-25

Import side: 12.35% of Sub-Chapter 3203’s imports

Rank Within Sub-Chapter 3203

FY 2024-25

#4 of 5

Position by export value among HSN codes in Sub-Chapter 3203

Import-side rank: #3 of 5

At a glance

4.18%

Export CAGR

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

#5577

National Export Rank

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

+111.26%

Peak Growth Year

FY 2021-22 · strongest single-year move

5.03%

Contribution to Sub-Ch. 3203

Share of Sub-Chapter 3203 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #5060

Balance

+9.06

Exports

9.34 ₹ Cr

0.0004% share

— YoY

7.63% of Sub-Ch. 3203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.31% of Sub-Ch. 3203

FY 2019-20 Exp. Rank #5304

Balance

+7.07

Exports

7.92 ₹ Cr

0.0004% share

−15.20% YoY

5.67% of Sub-Ch. 3203

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+203.57% YoY

0.77% of Sub-Ch. 3203

FY 2020-21 Exp. Rank #5234

Balance

+7.45

Exports

8.88 ₹ Cr

0.0004% share

+12.12% YoY

4.69% of Sub-Ch. 3203

Imports

1.43 ₹ Cr

0.0000% share

+68.24% YoY

1.31% of Sub-Ch. 3203

FY 2021-22 Exp. Rank #4685

Balance

+15.39

Exports

18.76 ₹ Cr

0.0006% share

+111.26% YoY

9.88% of Sub-Ch. 3203

Imports

3.37 ₹ Cr

0.0001% share

+135.66% YoY

3.16% of Sub-Ch. 3203

FY 2022-23 Exp. Rank #5880

Balance

+4.54

Exports

8.23 ₹ Cr

0.0002% share

−56.13% YoY

4.71% of Sub-Ch. 3203

Imports

3.69 ₹ Cr

0.0001% share

+9.50% YoY

3.10% of Sub-Ch. 3203

FY 2023-24 Exp. Rank #5510

Balance

+5.76

Exports

11.71 ₹ Cr

0.0003% share

+42.28% YoY

4.96% of Sub-Ch. 3203

Imports

5.95 ₹ Cr

0.0001% share

+61.25% YoY

6.51% of Sub-Ch. 3203

FY 2024-25 Exp. Rank #5577

Balance

−1.45

Exports

11.94 ₹ Cr

0.0003% share

+1.96% YoY

5.03% of Sub-Ch. 3203

Imports

13.39 ₹ Cr

0.0002% share

+125.04% YoY

12.35% of Sub-Ch. 3203

CAGR · 7-Year

Exports

4.18% /yr

Imports

90.52% /yr

Consistently Deficit
Sub-Chapter 3203 total

reference, FY 2024-25

Export

₹237.19 Cr

Import

₹108.44 Cr

Trade Balance

+128.75

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32030040 and GST compliance.

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.

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.