HSN Code 32050000 represents Colour lakes; preparations based on them under GST classification. This code helps businesses identify Colour lakes; preparations based on them correctly for billing, taxation, and trade. With HSN Code 32050000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Colour lakes; preparations based on them.
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HSN Code 32050000 relates to the following description.
Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter;paints and varnishes; putty and other mastics; inks
Colour lakes; preparations as specified in note 3 to this chapter based on colour lakes
COLOUR LAKES; PREPARATIONS AS SPECIFIED IN NOTE 3 TO THIS CHAPTER BASED ON COLOUR LAKES
9%
9%
18%
0%
Description of Goods
COLOUR LAKES; PREPARATIONS AS SPECIFIED IN NOTE 3 TO THIS CHAPTER BASED ON COLOUR LAKES
Chapter
32 - Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter;paints and varnishes; putty and other mastics; inks
Sub Chapter
3205 - Colour lakes; preparations as specified in note 3 to this chapter based on colour lakes
CGST
9%
SGST
9%
IGST
18%
CESS
0%
India’s Exports
FY 2024-25₹628 Cr
0.0171% of India’s total exports
India’s Imports
FY 2024-25₹74 Cr
0.0012% of India’s total imports
Trade Balance
FY 2024-25₹554 Cr
Surplus rank #575 of 12657 HSN codes
% of Sub-Chapter 3205
FY 2024-25100.00%
Share of Sub-Chapter 3205’s total exports in FY 2024-25
Import side: 100.00% of Sub-Chapter 3205’s imports
Rank Within Sub-Chapter 3205
FY 2024-25#1 of 1
Position by export value among HSN codes in Sub-Chapter 3205
Import-side rank: #1 of 1
At a glance
9.99%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#818
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+36.87%
Peak Growth Year
FY 2022-23 · strongest single-year move
100.00%
Contribution to Sub-Ch. 3205
Share of Sub-Chapter 3205 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+331.03
Exports
354.43 ₹ Cr
0.0155% share
— YoY
100.00% of Sub-Ch. 3205
Imports
23.40 ₹ Cr
0.0007% share
— YoY
100.00% of Sub-Ch. 3205
Balance
+350.13
Exports
367.46 ₹ Cr
0.0167% share
+3.68% YoY
100.00% of Sub-Ch. 3205
Imports
17.33 ₹ Cr
0.0005% share
−25.94% YoY
100.00% of Sub-Ch. 3205
Balance
+339.19
Exports
363.71 ₹ Cr
0.0169% share
−1.02% YoY
100.00% of Sub-Ch. 3205
Imports
24.52 ₹ Cr
0.0008% share
+41.49% YoY
100.00% of Sub-Ch. 3205
Balance
+417.65
Exports
441.04 ₹ Cr
0.0141% share
+21.26% YoY
100.00% of Sub-Ch. 3205
Imports
23.39 ₹ Cr
0.0005% share
−4.61% YoY
100.00% of Sub-Ch. 3205
Balance
+572.28
Exports
603.66 ₹ Cr
0.0167% share
+36.87% YoY
100.00% of Sub-Ch. 3205
Imports
31.38 ₹ Cr
0.0005% share
+34.16% YoY
100.00% of Sub-Ch. 3205
Balance
+573.73
Exports
616.91 ₹ Cr
0.0171% share
+2.19% YoY
100.00% of Sub-Ch. 3205
Imports
43.18 ₹ Cr
0.0008% share
+37.60% YoY
100.00% of Sub-Ch. 3205
Balance
+553.82
Exports
627.56 ₹ Cr
0.0171% share
+1.73% YoY
100.00% of Sub-Ch. 3205
Imports
73.74 ₹ Cr
0.0012% share
+70.77% YoY
100.00% of Sub-Ch. 3205
CAGR · 7-Year
Exports
9.99% /yr
Imports
21.08% /yr
reference, FY 2024-25
Export
₹627.56 Cr
Import
₹73.74 Cr
Trade Balance
+553.82
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.
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.
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.
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.
India's imports under HSN Code 32050000 have grown at 21.08% CAGR, reaching ₹73.74 Crore in FY 2024-25.
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).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 32050000 and GST compliance.
It includes Colour lakes; preparations based on them
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).
Under HSN 32050000, Colour lakes; preparations based on them attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.
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.