---
title: "HSN Code for Pigment Green 7 (Phthalocyanine) | HSN 32041761 GST Rate"
description: "Find HSN and GST Rates for 32041761 related to Pigment Green 7 (Phthalocyanine) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32041761/"
---

# HSN Code 32041761: Pigment Green 7 (Phthalocyanine)

- [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 greens : Green 7 (pathalovyanine green) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32041761 ?

It includes Pigment Green 7 (Phthalocyanine)

### Any common misclassification issue with Pigment Green 7 (Phthalocyanine)?

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

### Can we claim ITC on inputs used to trade Pigment Green 7 (Phthalocyanine)?

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

### How should mixed supplies be billed when Pigment Green 7 (Phthalocyanine) is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pigment Green 7 (Phthalocyanine); Nil for exempt items if applicable).

### Does packaging or labelling change the GST for Pigment Green 7 (Phthalocyanine)?

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.

### Do e‑way bill and e‑invoice apply for Pigment Green 7 (Phthalocyanine)?

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.

## India's trade performance: HSN Code 32041761 (FY 2024-25)

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

- Exports: ₹1,149 Cr (+20.84% YoY) — 0.0312% of India's total exports
- Imports: ₹6 Cr (−27.38% YoY) — 0.0001% of India's total imports
- Trade balance: ₹1,143 Cr (Surplus); surplus rank #317 of 12657 HSN codes
- Share of Sub-Chapter 3204: 5.62% of its exports; import side 0.23%
- Rank within Sub-Chapter 3204: #4 of 243 by export value; import-side #51

### Key metrics

- Export CAGR: 4.73% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #463 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +48.53% in FY 2021-22
- Contribution to Sub-Ch. 3204: 5.62% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32041761

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 | 870.77 | 0.0381% | — | 4.91% | 1.89 | 0.0001% | — | 0.08% | +868.88 | #393 |
| FY 2019-20 | 1,009.89 | 0.0459% | +15.98% | 5.31% | 2.83 | 0.0001% | +49.74% | 0.12% | +1,007.06 | #323 |
| FY 2020-21 | 1,120.39 | 0.0521% | +10.94% | 6.46% | 2.07 | 0.0001% | −26.86% | 0.10% | +1,118.32 | #308 |
| FY 2021-22 | 1,664.06 | 0.0530% | +48.53% | 7.26% | 2.43 | 0.0001% | +17.39% | 0.09% | +1,661.63 | #283 |
| FY 2022-23 | 1,213.74 | 0.0335% | −27.06% | 6.26% | 16.87 | 0.0003% | +594.24% | 0.67% | +1,196.87 | #412 |
| FY 2023-24 | 950.93 | 0.0263% | −21.65% | 5.33% | 8.62 | 0.0002% | −48.90% | 0.35% | +942.31 | #538 |
| FY 2024-25 | 1,149.06 | 0.0312% | +20.84% | 5.62% | 6.26 | 0.0001% | −27.38% | 0.23% | +1,142.80 | #463 |

- CAGR (7-year): exports 4.73%/yr, imports 22.09%/yr (consistently Surplus)

## Key trade insights: HSN Code 32041761 export-import analysis

### Consistent export growth: 4.73% CAGR over 7 years

India's exports under HSN Code 32041761 have grown at a compound annual rate of 4.73% over 7 fiscal years, rising from ₹870.77 Crore in FY 2018-19 to ₹1,149.06 Crore in FY 2024-25.

### HSN Code 32041761 ranked #463 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32041761 ranks #463 out of 12657 HSN codes by total export value. Within Sub-Chapter 3204, it ranks #4 of 243. By trade surplus, it ranks #317 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 32041761 exports

The strongest single-year export movement for HSN Code 32041761 was recorded in FY 2021-22, when exports surged by 48.53% over the prior year.

### India maintains a trade surplus of ₹1,142.80 Crore in HSN Code 32041761 goods

In FY 2024-25, India's exports of ₹1,149.06 Cr exceeded imports of ₹6.26 Cr, resulting in a trade surplus of ₹1,142.80 Crore — ranking #317 of 12657 by surplus magnitude.

### Import growth of 22.09% CAGR signals rising demand for Pigment Green 7 (Phthalocyanine)

India's imports under HSN Code 32041761 have grown at 22.09% CAGR, reaching ₹6.26 Crore in FY 2024-25.

### HSN Code 32041761 contributes 5.62% of Sub-Chapter 3204 exports — ranked #4

Among the 243 HSN codes under Sub-Chapter 3204, HSN Code 32041761 ranks #4 by export value — accounting for 5.62% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.23% share (rank #51).

## 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) (this hsn code) | ₹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 |