--- title: "HSN Code for Colour lakes; preparations based on them | HSN 32050000 GST Rate" description: "Find HSN and GST Rates for 32050000 related to Colour lakes; preparations based on them with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-32050000/" --- # HSN Code 32050000: Colour lakes; preparations based on them - [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 3205: Colour preparations](https://busy.in/hsn/sub-chapter-3205/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | COLOUR LAKES; PREPARATIONS AS SPECIFIED IN NOTE 3 TO THIS CHAPTER BASED ON COLOUR LAKES | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 32050000 ? It includes Colour lakes; preparations based on them ### How should mixed supplies be billed when Colour lakes; preparations based on them is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Colour lakes; preparations based on them; Nil for exempt items if applicable). ### How much GST applies to Colour lakes; preparations based on them? Under HSN 32050000, Colour lakes; preparations based on them attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Any common misclassification issue with Colour lakes; preparations based on them? 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 Colour lakes; preparations based on them? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Colour lakes; preparations based on them? 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 Colour lakes; preparations based on them? 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 32050000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹628 Cr (+1.73% YoY) — 0.0171% of India's total exports - Imports: ₹74 Cr (+70.77% YoY) — 0.0012% of India's total imports - Trade balance: ₹554 Cr (Surplus); surplus rank #575 of 12657 HSN codes - Share of Sub-Chapter 3205: 100.00% of its exports; import side 100.00% - Rank within Sub-Chapter 3205: #1 of 1 by export value; import-side #1 ### Key metrics - Export CAGR: 9.99% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #818 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +36.87% in FY 2022-23 - Contribution to Sub-Ch. 3205: 100.00% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 32050000 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. 3205 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3205 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 354.43 | 0.0155% | — | 100.00% | 23.40 | 0.0007% | — | 100.00% | +331.03 | #873 | | FY 2019-20 | 367.46 | 0.0167% | +3.68% | 100.00% | 17.33 | 0.0005% | −25.94% | 100.00% | +350.13 | #839 | | FY 2020-21 | 363.71 | 0.0169% | −1.02% | 100.00% | 24.52 | 0.0008% | +41.49% | 100.00% | +339.19 | #879 | | FY 2021-22 | 441.04 | 0.0141% | +21.26% | 100.00% | 23.39 | 0.0005% | −4.61% | 100.00% | +417.65 | #952 | | FY 2022-23 | 603.66 | 0.0167% | +36.87% | 100.00% | 31.38 | 0.0005% | +34.16% | 100.00% | +572.28 | #792 | | FY 2023-24 | 616.91 | 0.0171% | +2.19% | 100.00% | 43.18 | 0.0008% | +37.60% | 100.00% | +573.73 | #791 | | FY 2024-25 | 627.56 | 0.0171% | +1.73% | 100.00% | 73.74 | 0.0012% | +70.77% | 100.00% | +553.82 | #818 | - CAGR (7-year): exports 9.99%/yr, imports 21.08%/yr (consistently Surplus) ## Key trade insights: HSN Code 32050000 export-import analysis ### Consistent export growth: 9.99% CAGR over 7 years India's exports under HSN Code 32050000 have grown at a compound annual rate of 9.99% over 7 fiscal years, rising from ₹354.43 Crore in FY 2018-19 to ₹627.56 Crore in FY 2024-25. ### HSN Code 32050000 ranked #818 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 32050000 ranks #818 out of 12657 HSN codes by total export value. Within Sub-Chapter 3205, it ranks #1 of 1. By trade surplus, it ranks #575 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 32050000 exports The strongest single-year export movement for HSN Code 32050000 was recorded in FY 2022-23, when exports surged by 36.87% over the prior year. ### India maintains a trade surplus of ₹553.82 Crore in HSN Code 32050000 goods In FY 2024-25, India's exports of ₹627.56 Cr exceeded imports of ₹73.74 Cr, resulting in a trade surplus of ₹553.82 Crore — ranking #575 of 12657 by surplus magnitude. ### Import growth of 21.08% CAGR signals rising demand for Colour lakes; preparations based on them India's imports under HSN Code 32050000 have grown at 21.08% CAGR, reaching ₹73.74 Crore in FY 2024-25. ### HSN Code 32050000 contributes 100.00% of Sub-Chapter 3205 exports — ranked #1 Among the 1 HSN codes under Sub-Chapter 3205, HSN Code 32050000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1). ## Related HSN Codes in Sub-Chapter 3205 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 32050000: Colour lakes; preparations based on them (this hsn code) | ₹628 Cr |