---
title: "HSN Code for Azoic Diazo Component 5 | HSN 32041935 GST Rate"
description: "Find HSN and GST Rates for 32041935 related to Azoic Diazo Component 5 with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32041935/"
---

# HSN Code 32041935: Azoic Diazo Component 5

- [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 : Other, including mixtures of colouring matter of two or more of the sub-headings 3204 11 to 3204 19 : Azoic diazo component 1,2,3,4,5,6,10,11 : Azoic diazo component 5 (fast red B base) | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32041935 ?

It includes Azoic Diazo Component 5

### Does packaging or labelling change the GST for Azoic Diazo Component 5?

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 Azoic Diazo Component 5?

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.

### Can we claim ITC on inputs used to trade Azoic Diazo Component 5?

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 Azoic Diazo Component 5?

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 Azoic Diazo Component 5?

Under HSN 32041935, Azoic Diazo Component 5 attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 32041935 (FY 2024-25)

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

- Exports: ₹40 Cr (−0.95% YoY) — 0.0011% of India's total exports
- Imports: < ₹1 Crore (+35.00% YoY) — 0.0000% of India's total imports
- Trade balance: ₹40 Cr (Surplus); surplus rank #2319 of 12657 HSN codes
- Share of Sub-Chapter 3204: 0.20% of its exports; import side 0.01%
- Rank within Sub-Chapter 3204: #64 of 243 by export value; import-side #118

### Key metrics

- Export CAGR: -6.49% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #3913 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +365.85% in FY 2019-20
- Contribution to Sub-Ch. 3204: 0.20% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32041935

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 | 60.50 | 0.0026% | — | 0.34% | < ₹1 Crore | 0.0000% | — | 0.01% | +60.33 | #2609 |
| FY 2019-20 | 281.84 | 0.0128% | +365.85% | 1.48% | 1.93 | 0.0001% | +1,035.29% | 0.08% | +279.91 | #1038 |
| FY 2020-21 | 79.68 | 0.0037% | −71.73% | 0.46% | < ₹1 Crore | 0.0000% | −79.27% | 0.02% | +79.28 | #2333 |
| FY 2021-22 | 151.24 | 0.0048% | +89.81% | 0.66% | < ₹1 Crore | 0.0000% | −32.50% | 0.01% | +150.97 | #1934 |
| FY 2022-23 | 45.88 | 0.0013% | −69.66% | 0.24% | 3.56 | 0.0001% | +1,218.52% | 0.14% | +42.32 | #3604 |
| FY 2023-24 | 40.84 | 0.0011% | −10.99% | 0.23% | < ₹1 Crore | 0.0000% | −94.38% | 0.01% | +40.64 | #3807 |
| FY 2024-25 | 40.45 | 0.0011% | −0.95% | 0.20% | < ₹1 Crore | 0.0000% | +35.00% | 0.01% | +40.18 | #3913 |

- CAGR (7-year): exports -6.49%/yr, imports 8.02%/yr (consistently Surplus)

## Key trade insights: HSN Code 32041935 export-import analysis

### Export decline: -6.49% CAGR over 7 years

India's exports under HSN Code 32041935 have declined at a compound annual rate of -6.49% over 7 fiscal years, falling from ₹60.50 Crore in FY 2018-19 to ₹40.45 Crore in FY 2024-25.

### HSN Code 32041935 ranked #3913 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32041935 ranks #3913 out of 12657 HSN codes by total export value. Within Sub-Chapter 3204, it ranks #64 of 243. By trade surplus, it ranks #2319 of 12657.

### FY 2019-20 was the strongest growth year for HSN Code 32041935 exports

The strongest single-year export movement for HSN Code 32041935 was recorded in FY 2019-20, when exports surged by 365.85% over the prior year.

### India maintains a trade surplus of ₹40.18 Crore in HSN Code 32041935 goods

In FY 2024-25, India's exports of ₹40.45 Cr exceeded imports of ₹0.27 Cr, resulting in a trade surplus of ₹40.18 Crore — ranking #2319 of 12657 by surplus magnitude.

### Import growth of 8.02% CAGR signals stable import dependency for Azoic Diazo Component 5

India's imports under HSN Code 32041935 have grown at 8.02% CAGR, reaching ₹0.27 Crore in FY 2024-25.

### HSN Code 32041935 contributes 0.20% of Sub-Chapter 3204 exports — ranked #64

Among the 243 HSN codes under Sub-Chapter 3204, HSN Code 32041935 ranks #64 by export value — accounting for 0.20% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #118).

## 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 |
| #64 | HSN Code 32041935: Azoic Diazo Component 5 (this hsn code) | ₹40 Cr |