---
title: "HSN Code for Pigment Yellow 1 (Hansa Yellow) | HSN 32041711 GST Rate"
description: "Find HSN and GST Rates for 32041711 related to Pigment Yellow 1 (Hansa Yellow) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32041711/"
---

# HSN Code 32041711: Pigment Yellow 1 (Hansa Yellow)

- [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 : Pigments and preparations based thereon : Pigment yellow : Yellow 1 (hansa yellow) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32041711 ?

It includes Pigment Yellow 1 (Hansa Yellow)

### Do e‑way bill and e‑invoice apply for Pigment Yellow 1 (Hansa Yellow)?

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 Pigment Yellow 1 (Hansa Yellow) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pigment Yellow 1 (Hansa Yellow); Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Pigment Yellow 1 (Hansa Yellow)?

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 Pigment Yellow 1 (Hansa Yellow)?

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 Pigment Yellow 1 (Hansa Yellow)?

Under HSN 32041711, Pigment Yellow 1 (Hansa Yellow) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 32041711 (FY 2024-25)

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

- Exports: ₹20 Cr (−38.41% YoY) — 0.0006% of India's total exports
- Imports: ₹4 Cr (−74.21% YoY) — 0.0001% of India's total imports
- Trade balance: ₹16 Cr (Surplus); surplus rank #2972 of 12657 HSN codes
- Share of Sub-Chapter 3204: 0.10% of its exports; import side 0.15%
- Rank within Sub-Chapter 3204: #90 of 243 by export value; import-side #61

### Key metrics

- Export CAGR: -2.06% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4847 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +81.26% in FY 2023-24
- Contribution to Sub-Ch. 3204: 0.10% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32041711

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 | 23.02 | 0.0010% | — | 0.13% | 27.96 | 0.0008% | — | 1.12% | −4.94 | #3913 |
| FY 2019-20 | 19.99 | 0.0009% | −13.16% | 0.11% | 15.96 | 0.0005% | −42.92% | 0.67% | +4.03 | #4111 |
| FY 2020-21 | 21.19 | 0.0010% | +6.00% | 0.12% | 12.19 | 0.0004% | −23.62% | 0.61% | +9.00 | #4112 |
| FY 2021-22 | 24.41 | 0.0008% | +15.20% | 0.11% | 21.48 | 0.0005% | +76.21% | 0.75% | +2.93 | #4324 |
| FY 2022-23 | 18.20 | 0.0005% | −25.44% | 0.09% | 32.34 | 0.0006% | +50.56% | 1.29% | −14.14 | #4796 |
| FY 2023-24 | 32.99 | 0.0009% | +81.26% | 0.19% | 15.74 | 0.0003% | −51.33% | 0.64% | +17.25 | #4109 |
| FY 2024-25 | 20.32 | 0.0006% | −38.41% | 0.10% | 4.06 | 0.0001% | −74.21% | 0.15% | +16.26 | #4847 |

- CAGR (7-year): exports -2.06%/yr, imports -27.50%/yr (consistently Surplus)

## Key trade insights: HSN Code 32041711 export-import analysis

### Export decline: -2.06% CAGR over 7 years

India's exports under HSN Code 32041711 have declined at a compound annual rate of -2.06% over 7 fiscal years, falling from ₹23.02 Crore in FY 2018-19 to ₹20.32 Crore in FY 2024-25.

### HSN Code 32041711 ranked #4847 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32041711 ranks #4847 out of 12657 HSN codes by total export value. Within Sub-Chapter 3204, it ranks #90 of 243. By trade surplus, it ranks #2972 of 12657.

### FY 2023-24 was the strongest growth year for HSN Code 32041711 exports

The strongest single-year export movement for HSN Code 32041711 was recorded in FY 2023-24, when exports surged by 81.26% over the prior year.

### India maintains a trade surplus of ₹16.26 Crore in HSN Code 32041711 goods

In FY 2024-25, India's exports of ₹20.32 Cr exceeded imports of ₹4.06 Cr, resulting in a trade surplus of ₹16.26 Crore — ranking #2972 of 12657 by surplus magnitude.

### Import growth of -27.50% CAGR signals stable import dependency for Pigment Yellow 1 (Hansa Yellow)

India's imports under HSN Code 32041711 have grown at -27.50% CAGR, reaching ₹4.06 Crore in FY 2024-25.

### HSN Code 32041711 contributes 0.10% of Sub-Chapter 3204 exports — ranked #90

Among the 243 HSN codes under Sub-Chapter 3204, HSN Code 32041711 ranks #90 by export value — accounting for 0.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.15% share (rank #61).

## 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 |
| #90 | HSN Code 32041711: Pigment Yellow 1 (Hansa Yellow) (this hsn code) | ₹20 Cr |