---
title: "HSN Code for Vat Black 25 (Olive T) | HSN 32041582 GST Rate"
description: "Find HSN and GST Rates for 32041582 related to Vat Black 25 (Olive T) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32041582/"
---

# HSN Code 32041582: Vat Black 25 (Olive T)

- [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 black : Vat black 25 (olive T) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32041582 ?

It includes Vat Black 25 (Olive T)

### Does packaging or labelling change the GST for Vat Black 25 (Olive T)?

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 Black 25 (Olive T)?

Under HSN 32041582, Vat Black 25 (Olive T) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Vat Black 25 (Olive T)?

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

### Any common misclassification issue with Vat Black 25 (Olive T)?

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 Vat Black 25 (Olive T) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Vat Black 25 (Olive T); Nil for exempt items if applicable).

## India's trade performance: HSN Code 32041582 (FY 2024-25)

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

- Exports: ₹6 Cr (+19.25% YoY) — 0.0002% of India's total exports
- Imports: ₹3 Cr (+47.49% YoY) — 0.0001% of India's total imports
- Trade balance: ₹3 Cr (Surplus); surplus rank #4003 of 12657 HSN codes
- Share of Sub-Chapter 3204: 0.03% of its exports; import side 0.12%
- Rank within Sub-Chapter 3204: #124 of 243 by export value; import-side #66

### Key metrics

- Export CAGR: 20.73% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6336 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +368.93% in FY 2020-21
- Contribution to Sub-Ch. 3204: 0.03% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32041582

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 | 2.06 | 0.0001% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.01% | +1.69 | #6919 |
| FY 2019-20 | 1.03 | 0.0000% | −50.00% | 0.01% | < ₹1 Crore | 0.0000% | +148.65% | 0.04% | +0.11 | #7594 |
| FY 2020-21 | 4.83 | 0.0002% | +368.93% | 0.03% | 2.52 | 0.0001% | +173.91% | 0.13% | +2.31 | #5972 |
| FY 2021-22 | 6.84 | 0.0002% | +41.61% | 0.03% | 3.31 | 0.0001% | +31.35% | 0.12% | +3.53 | #5962 |
| FY 2022-23 | 4.15 | 0.0001% | −39.33% | 0.02% | 1.54 | 0.0000% | −53.47% | 0.06% | +2.61 | #6646 |
| FY 2023-24 | 5.35 | 0.0001% | +28.92% | 0.03% | 2.19 | 0.0000% | +42.21% | 0.09% | +3.16 | #6506 |
| FY 2024-25 | 6.38 | 0.0002% | +19.25% | 0.03% | 3.23 | 0.0001% | +47.49% | 0.12% | +3.15 | #6336 |

- CAGR (7-year): exports 20.73%/yr, imports 43.49%/yr (consistently Surplus)

## Key trade insights: HSN Code 32041582 export-import analysis

### Consistent export growth: 20.73% CAGR over 7 years

India's exports under HSN Code 32041582 have grown at a compound annual rate of 20.73% over 7 fiscal years, rising from ₹2.06 Crore in FY 2018-19 to ₹6.38 Crore in FY 2024-25.

### HSN Code 32041582 ranked #6336 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32041582 ranks #6336 out of 12657 HSN codes by total export value. Within Sub-Chapter 3204, it ranks #124 of 243. By trade surplus, it ranks #4003 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 32041582 exports

The strongest single-year export movement for HSN Code 32041582 was recorded in FY 2020-21, when exports surged by 368.93% over the prior year.

### India maintains a trade surplus of ₹3.15 Crore in HSN Code 32041582 goods

In FY 2024-25, India's exports of ₹6.38 Cr exceeded imports of ₹3.23 Cr, resulting in a trade surplus of ₹3.15 Crore — ranking #4003 of 12657 by surplus magnitude.

### Import growth of 43.49% CAGR signals rising demand for Vat Black 25 (Olive T)

India's imports under HSN Code 32041582 have grown at 43.49% CAGR, reaching ₹3.23 Crore in FY 2024-25.

### HSN Code 32041582 contributes 0.03% of Sub-Chapter 3204 exports — ranked #124

Among the 243 HSN codes under Sub-Chapter 3204, HSN Code 32041582 ranks #124 by export value — accounting for 0.03% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.12% share (rank #66).

## 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 |
| #124 | HSN Code 32041582: Vat Black 25 (Olive T) (this hsn code) | ₹6 Cr |