---
title: "HSN Code for Vat Blue 1 (Synthetic Indigo) | HSN 32041551 GST Rate"
description: "Find HSN and GST Rates for 32041551 related to Vat Blue 1 (Synthetic Indigo) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32041551/"
---

# HSN Code 32041551: Vat Blue 1 (Synthetic 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 3204: Synthetic organic colouring matter](https://busy.in/hsn/sub-chapter-3204/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Synthetic organic colouring matter and preparations based thereon as specified in Note 3 to this Chapter : Vat dyes (including those usable in that state as pigments) and preparations thereon : Vat blue : Vat blue 1 (synthetic indigo) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32041551 ?

It includes Vat Blue 1 (Synthetic Indigo)

### Does packaging or labelling change the GST for Vat Blue 1 (Synthetic 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 Vat Blue 1 (Synthetic Indigo)?

Under HSN 32041551, Vat Blue 1 (Synthetic Indigo) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Any common misclassification issue with Vat Blue 1 (Synthetic Indigo)?

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

### Do e‑way bill and e‑invoice apply for Vat Blue 1 (Synthetic 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.

### How should mixed supplies be billed when Vat Blue 1 (Synthetic Indigo) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vat Blue 1 (Synthetic Indigo); Nil for exempt items if applicable).

## India's trade performance: HSN Code 32041551 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹8 Cr (+15.53% YoY) — 0.0002% of India's total exports
- Imports: ₹298 Cr (+24.10% YoY) — 0.0049% of India's total imports
- Trade balance: −₹290 Cr (Deficit); surplus rank #11571 of 12657 HSN codes
- Share of Sub-Chapter 3204: 0.04% of its exports; import side 11.08%
- Rank within Sub-Chapter 3204: #120 of 243 by export value; import-side #1

### Key metrics

- Export CAGR: -31.48% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6035 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +304.97% in FY 2021-22
- Contribution to Sub-Ch. 3204: 0.04% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32041551

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. 3204 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3204 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 78.38 | 0.0034% | — | 0.44% | 350.49 | 0.0098% | — | 14.01% | −272.11 | #2286 |
| FY 2019-20 | 58.26 | 0.0026% | −25.67% | 0.31% | 271.09 | 0.0081% | −22.65% | 11.38% | −212.83 | #2671 |
| FY 2020-21 | 25.33 | 0.0012% | −56.52% | 0.15% | 169.10 | 0.0058% | −37.62% | 8.47% | −143.77 | #3883 |
| FY 2021-22 | 102.58 | 0.0033% | +304.97% | 0.45% | 448.41 | 0.0098% | +165.17% | 15.70% | −345.83 | #2375 |
| FY 2022-23 | 39.77 | 0.0011% | −61.23% | 0.21% | 244.61 | 0.0043% | −45.45% | 9.74% | −204.84 | #3786 |
| FY 2023-24 | 7.02 | 0.0002% | −82.35% | 0.04% | 240.41 | 0.0043% | −1.72% | 9.82% | −233.39 | #6161 |
| FY 2024-25 | 8.11 | 0.0002% | +15.53% | 0.04% | 298.34 | 0.0049% | +24.10% | 11.08% | −290.23 | #6035 |

- CAGR (7-year): exports -31.48%/yr, imports -2.65%/yr (consistently Deficit)

## Key trade insights: HSN Code 32041551 export-import analysis

### Export decline: -31.48% CAGR over 7 years

India's exports under HSN Code 32041551 have declined at a compound annual rate of -31.48% over 7 fiscal years, falling from ₹78.38 Crore in FY 2018-19 to ₹8.11 Crore in FY 2024-25.

### HSN Code 32041551 ranked #6035 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32041551 ranks #6035 out of 12657 HSN codes by total export value. Within Sub-Chapter 3204, it ranks #120 of 243. By trade surplus, it ranks #11571 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 32041551 exports

The strongest single-year export movement for HSN Code 32041551 was recorded in FY 2021-22, when exports surged by 304.97% over the prior year.

### India records a trade deficit of ₹290.23 Crore in HSN Code 32041551 goods

In FY 2024-25, India's imports of ₹298.34 Cr exceeded exports of ₹8.11 Cr, resulting in a trade deficit of ₹290.23 Crore — ranking #11571 of 12657 by surplus magnitude.

### Import growth of -2.65% CAGR signals stable import dependency for Vat Blue 1 (Synthetic Indigo)

India's imports under HSN Code 32041551 have grown at -2.65% CAGR, reaching ₹298.34 Crore in FY 2024-25.

### HSN Code 32041551 contributes 0.04% of Sub-Chapter 3204 exports — ranked #120

Among the 243 HSN codes under Sub-Chapter 3204, HSN Code 32041551 ranks #120 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 11.08% share (rank #1).

## Related HSN Codes in Sub-Chapter 3204

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 32041751: Pigment Blue 15 (Phthalocyanine)](https://busy.in/hsn/hsn-32041751/) | ₹2,452 Cr |
| #2 | [HSN Code 32041680: Reactive Black Dyes](https://busy.in/hsn/hsn-32041680/) | ₹1,959 Cr |
| #3 | [HSN Code 32041650: Blue Reactive Dyes](https://busy.in/hsn/hsn-32041650/) | ₹1,218 Cr |
| #4 | [HSN Code 32041761: Pigment Green 7 (Phthalocyanine)](https://busy.in/hsn/hsn-32041761/) | ₹1,149 Cr |
| #5 | [HSN Code 32041719: Other Pigment Yellows](https://busy.in/hsn/hsn-32041719/) | ₹800 Cr |
| #6 | [HSN Code 32041740: Pigment Violets](https://busy.in/hsn/hsn-32041740/) | ₹791 Cr |
| #7 | [HSN Code 32041739: Other Pigment Reds](https://busy.in/hsn/hsn-32041739/) | ₹768 Cr |
| #8 | [HSN Code 32041630: Red Reactive Dyes](https://busy.in/hsn/hsn-32041630/) | ₹760 Cr |
| #9 | [HSN Code 32041218: Other Non-Azo Acid Green Dyes](https://busy.in/hsn/hsn-32041218/) | ₹636 Cr |
| #10 | [HSN Code 32041759: Other Pigment Blues](https://busy.in/hsn/hsn-32041759/) | ₹633 Cr |
| #120 | HSN Code 32041551: Vat Blue 1 (Synthetic Indigo) (this hsn code) | ₹8 Cr |