---
title: "HSN Code for Other Vat Blue Dyes | HSN 32041559 GST Rate"
description: "Find HSN and GST Rates for 32041559 related to Other Vat Blue Dyes with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32041559/"
---

# HSN Code 32041559: Other Vat Blue Dyes

- [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 : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32041559 ?

It includes Other Vat Blue Dyes

### Any common misclassification issue with Other Vat Blue Dyes?

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 Vat Blue Dyes?

Under HSN 32041559, Other Vat Blue Dyes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Do e‑way bill and e‑invoice apply for Other Vat Blue Dyes?

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 Vat Blue Dyes?

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 Vat Blue Dyes?

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 32041559 (FY 2024-25)

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

- Exports: ₹18 Cr (−28.33% YoY) — 0.0005% of India's total exports
- Imports: ₹182 Cr (−20.35% YoY) — 0.0030% of India's total imports
- Trade balance: −₹164 Cr (Deficit); surplus rank #11171 of 12657 HSN codes
- Share of Sub-Chapter 3204: 0.09% of its exports; import side 6.76%
- Rank within Sub-Chapter 3204: #93 of 243 by export value; import-side #5

### Key metrics

- Export CAGR: -6.72% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4999 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +128.61% in FY 2019-20
- Contribution to Sub-Ch. 3204: 0.09% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32041559

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 | 27.96 | 0.0012% | — | 0.16% | 391.15 | 0.0109% | — | 15.63% | −363.19 | #3657 |
| FY 2019-20 | 63.92 | 0.0029% | +128.61% | 0.34% | 336.89 | 0.0101% | −13.87% | 14.14% | −272.97 | #2561 |
| FY 2020-21 | 40.04 | 0.0019% | −37.36% | 0.23% | 204.96 | 0.0070% | −39.16% | 10.27% | −164.92 | #3259 |
| FY 2021-22 | 31.59 | 0.0010% | −21.10% | 0.14% | 370.50 | 0.0081% | +80.77% | 12.97% | −338.91 | #3986 |
| FY 2022-23 | 24.27 | 0.0007% | −23.17% | 0.13% | 290.24 | 0.0050% | −21.66% | 11.55% | −265.97 | #4446 |
| FY 2023-24 | 25.70 | 0.0007% | +5.89% | 0.14% | 228.50 | 0.0041% | −21.27% | 9.33% | −202.80 | #4423 |
| FY 2024-25 | 18.42 | 0.0005% | −28.33% | 0.09% | 182.01 | 0.0030% | −20.35% | 6.76% | −163.59 | #4999 |

- CAGR (7-year): exports -6.72%/yr, imports -11.97%/yr (consistently Deficit)

## Key trade insights: HSN Code 32041559 export-import analysis

### Export decline: -6.72% CAGR over 7 years

India's exports under HSN Code 32041559 have declined at a compound annual rate of -6.72% over 7 fiscal years, falling from ₹27.96 Crore in FY 2018-19 to ₹18.42 Crore in FY 2024-25.

### HSN Code 32041559 ranked #4999 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32041559 ranks #4999 out of 12657 HSN codes by total export value. Within Sub-Chapter 3204, it ranks #93 of 243. By trade surplus, it ranks #11171 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 32041559 exports

The strongest single-year export movement for HSN Code 32041559 was recorded in FY 2019-20, when exports surged by 128.61% over the prior year.

### India records a trade deficit of ₹163.59 Crore in HSN Code 32041559 goods

In FY 2024-25, India's imports of ₹182.01 Cr exceeded exports of ₹18.42 Cr, resulting in a trade deficit of ₹163.59 Crore — ranking #11171 of 12657 by surplus magnitude.

### Import growth of -11.97% CAGR signals stable import dependency for Other Vat Blue Dyes

India's imports under HSN Code 32041559 have grown at -11.97% CAGR, reaching ₹182.01 Crore in FY 2024-25.

### HSN Code 32041559 contributes 0.09% of Sub-Chapter 3204 exports — ranked #93

Among the 243 HSN codes under Sub-Chapter 3204, HSN Code 32041559 ranks #93 by export value — accounting for 0.09% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.76% share (rank #5).

## 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 |
| #93 | HSN Code 32041559: Other Vat Blue Dyes (this hsn code) | ₹18 Cr |