--- title: "HSN Code for Solvent Green Colouring Matters | HSN 32041976 GST Rate" description: "Find HSN and GST Rates for 32041976 related to Solvent Green Colouring Matters with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-32041976/" --- # HSN Code 32041976: Solvent Green Colouring Matters - [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 : Solvent based colouring matters : Greens | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 32041976 ? It includes Solvent Green Colouring Matters ### Does packaging or labelling change the GST for Solvent Green Colouring Matters? 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 Solvent Green Colouring Matters? 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. ### Any common misclassification issue with Solvent Green Colouring Matters? 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 Solvent Green Colouring Matters? Under HSN 32041976, Solvent Green Colouring Matters attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Solvent Green Colouring Matters? 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 Solvent Green Colouring Matters is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Solvent Green Colouring Matters; Nil for exempt items if applicable). ## India's trade performance: HSN Code 32041976 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹103 Cr (+16.14% YoY) — 0.0028% of India's total exports - Imports: ₹35 Cr (+50.52% YoY) — 0.0006% of India's total imports - Trade balance: ₹68 Cr (Surplus); surplus rank #1911 of 12657 HSN codes - Share of Sub-Chapter 3204: 0.50% of its exports; import side 1.29% - Rank within Sub-Chapter 3204: #38 of 243 by export value; import-side #20 ### Key metrics - Export CAGR: 6.37% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2631 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +24.77% in FY 2022-23 - Contribution to Sub-Ch. 3204: 0.50% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 32041976 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 | 71.17 | 0.0031% | — | 0.40% | 10.19 | 0.0003% | — | 0.41% | +60.98 | #2400 | | FY 2019-20 | 78.25 | 0.0036% | +9.95% | 0.41% | 8.36 | 0.0002% | −17.96% | 0.35% | +69.89 | #2296 | | FY 2020-21 | 75.65 | 0.0035% | −3.32% | 0.44% | 14.24 | 0.0005% | +70.33% | 0.71% | +61.41 | #2393 | | FY 2021-22 | 87.67 | 0.0028% | +15.89% | 0.38% | 26.23 | 0.0006% | +84.20% | 0.92% | +61.44 | #2597 | | FY 2022-23 | 109.39 | 0.0030% | +24.77% | 0.56% | 28.75 | 0.0005% | +9.61% | 1.14% | +80.64 | #2415 | | FY 2023-24 | 88.74 | 0.0025% | −18.88% | 0.50% | 23.16 | 0.0004% | −19.44% | 0.95% | +65.58 | #2730 | | FY 2024-25 | 103.06 | 0.0028% | +16.14% | 0.50% | 34.86 | 0.0006% | +50.52% | 1.29% | +68.20 | #2631 | - CAGR (7-year): exports 6.37%/yr, imports 22.75%/yr (consistently Surplus) ## Key trade insights: HSN Code 32041976 export-import analysis ### Consistent export growth: 6.37% CAGR over 7 years India's exports under HSN Code 32041976 have grown at a compound annual rate of 6.37% over 7 fiscal years, rising from ₹71.17 Crore in FY 2018-19 to ₹103.06 Crore in FY 2024-25. ### HSN Code 32041976 ranked #2631 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 32041976 ranks #2631 out of 12657 HSN codes by total export value. Within Sub-Chapter 3204, it ranks #38 of 243. By trade surplus, it ranks #1911 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 32041976 exports The strongest single-year export movement for HSN Code 32041976 was recorded in FY 2022-23, when exports surged by 24.77% over the prior year. ### India maintains a trade surplus of ₹68.20 Crore in HSN Code 32041976 goods In FY 2024-25, India's exports of ₹103.06 Cr exceeded imports of ₹34.86 Cr, resulting in a trade surplus of ₹68.20 Crore — ranking #1911 of 12657 by surplus magnitude. ### Import growth of 22.75% CAGR signals rising demand for Solvent Green Colouring Matters India's imports under HSN Code 32041976 have grown at 22.75% CAGR, reaching ₹34.86 Crore in FY 2024-25. ### HSN Code 32041976 contributes 0.50% of Sub-Chapter 3204 exports — ranked #38 Among the 243 HSN codes under Sub-Chapter 3204, HSN Code 32041976 ranks #38 by export value — accounting for 0.50% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.29% share (rank #20). ## 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 | | #38 | HSN Code 32041976: Solvent Green Colouring Matters (this hsn code) | ₹103 Cr |