HSN Code 32062000: Pigments: Chromium compounds

HSN Code 32062000 represents Pigments: Chromium compounds under GST classification. This code helps businesses identify Pigments: Chromium compounds correctly for billing, taxation, and trade. With HSN Code 32062000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Pigments: Chromium compounds.

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Description of Goods for HSN Code 32062000

HSN Code 32062000 relates to the following description.

Description of Goods

Pigments and preparations based on chromium compounds

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

3206 - Other colouring matter; preparations as specified in note 3 to this chapter, other than those of headings 3203, 3204 or 3205;inorganic products of a kind used as luminophores, whether or not chemically defined

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32062000 not include?

Pigments: Chromium compounds does not include products with the following descriptions.

HSN Code 32061110

Pigments and preparations based on titanium dioxide : Containing 80% or more by weight of titanium dioxide calculated on the dry matter : Pearlsent pigment (titanium dioxide, coated micananeous and lustres pearl pigment)

HSN Code 32061190

Pigments and preparations based on titanium dioxide : Containing 80% or more by weight of titanium dioxide calculated on the dry matter : Other

HSN Code 32063000

Other colouring matter; preparations as specified in note 3 to this chapter, other than those of headings 3203, 3204 or 3205; inorganic products of a kind used as luminophores, whether or not chemically defined - pigments and preparations based on cadmium compounds

HSN Code 32064100

Other colouring matter and other preparations : Utramarine and preparations based thereon

HSN Code 32064200

Other colouring matter and other preparations : Lithopone and other pigments and preparations based on zinc sulphide

HSN Code 32064300

Other colouring matter; preparations as specified in note 3 to this chapter, other than those of headings 3203, 3204 or 3205; inorganic products of a kind used as luminophores, whether or not chemically defined - other colouring matter and other preparations : pigments and preparations based on hexacyanoferrates (ferrocyanides and ferricyanides)

India’s Trade Performance — HSN Code 32062000 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹475 Cr

−1.86% vs FY 2023-24

0.0129% of India’s total exports

India’s Imports

FY 2024-25

₹16 Cr

+5.80% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹459 Cr

Trade Surplus

Surplus rank #683 of 12657 HSN codes

% of Sub-Chapter 3206

FY 2024-25

19.88%

Share of Sub-Chapter 3206’s total exports in FY 2024-25

Import side: 0.14% of Sub-Chapter 3206’s imports

Rank Within Sub-Chapter 3206

FY 2024-25

#3 of 14

Position by export value among HSN codes in Sub-Chapter 3206

Import-side rank: #8 of 14

At a glance

12.03%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1054

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+31.32%

Peak Growth Year

FY 2023-24 · strongest single-year move

19.88%

Contribution to Sub-Ch. 3206

Share of Sub-Chapter 3206 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 32062000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #1166

Balance

+224.10

Exports

240.21 ₹ Cr

0.0105% share

— YoY

17.50% of Sub-Ch. 3206

Imports

16.11 ₹ Cr

0.0004% share

— YoY

0.28% of Sub-Ch. 3206

FY 2019-20 Exp. Rank #1066

Balance

+265.40

Exports

271.36 ₹ Cr

0.0123% share

+12.97% YoY

19.86% of Sub-Ch. 3206

Imports

5.96 ₹ Cr

0.0002% share

−63.00% YoY

0.10% of Sub-Ch. 3206

FY 2020-21 Exp. Rank #1005

Balance

+302.47

Exports

308.82 ₹ Cr

0.0144% share

+13.80% YoY

20.63% of Sub-Ch. 3206

Imports

6.35 ₹ Cr

0.0002% share

+6.54% YoY

0.11% of Sub-Ch. 3206

FY 2021-22 Exp. Rank #1256

Balance

+305.41

Exports

313.55 ₹ Cr

0.0100% share

+1.53% YoY

17.61% of Sub-Ch. 3206

Imports

8.14 ₹ Cr

0.0002% share

+28.19% YoY

0.09% of Sub-Ch. 3206

FY 2022-23 Exp. Rank #1158

Balance

+357.54

Exports

368.54 ₹ Cr

0.0102% share

+17.54% YoY

19.04% of Sub-Ch. 3206

Imports

11.00 ₹ Cr

0.0002% share

+35.14% YoY

0.12% of Sub-Ch. 3206

FY 2023-24 Exp. Rank #987

Balance

+469.30

Exports

483.95 ₹ Cr

0.0134% share

+31.32% YoY

21.67% of Sub-Ch. 3206

Imports

14.65 ₹ Cr

0.0003% share

+33.18% YoY

0.16% of Sub-Ch. 3206

FY 2024-25 Exp. Rank #1054

Balance

+459.46

Exports

474.96 ₹ Cr

0.0129% share

−1.86% YoY

19.88% of Sub-Ch. 3206

Imports

15.50 ₹ Cr

0.0003% share

+5.80% YoY

0.14% of Sub-Ch. 3206

CAGR · 7-Year

Exports

12.03% /yr

Imports

−0.64% /yr

Consistently Surplus
Sub-Chapter 3206 total

reference, FY 2024-25

Export

₹2,388.64 Cr

Import

₹11,181.24 Cr

Trade Balance

−8,792.60

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 32062000 Export-Import Analysis

Consistent Export Growth: 12.03% CAGR Over 7 Years

India's exports under HSN Code 32062000 have grown at a compound annual rate of 12.03% over 7 fiscal years, rising from ₹240.21 Crore in FY 2018-19 to ₹474.96 Crore in FY 2024-25.

HSN Code 32062000 Ranked #1054 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32062000 ranks #1054 out of 12657 HSN codes by total export value. Within Sub-Chapter 3206, it ranks #3 of 14. By trade surplus, it ranks #683 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 32062000 Exports

The strongest single-year export movement for HSN Code 32062000 was recorded in FY 2023-24, when exports surged by 31.32% over the prior year.

India Maintains a Trade Surplus of ₹459.46 Crore in HSN Code 32062000 Goods

In FY 2024-25, India's exports of ₹474.96 Cr exceeded imports of ₹15.50 Cr, resulting in a trade surplus of ₹459.46 Crore — ranking #683 of 12657 by surplus magnitude.

Import Growth of −0.64% CAGR Signals Stable Import Dependency for Pigments: Chromium compounds

India's imports under HSN Code 32062000 have grown at −0.64% CAGR, reaching ₹15.50 Crore in FY 2024-25.

HSN Code 32062000 Contributes 19.88% of Sub-Chapter 3206 Exports — Ranked #3

Among the 14 HSN codes under Sub-Chapter 3206, HSN Code 32062000 ranks #3 by export value — accounting for 19.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.14% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32062000 and GST compliance.

What products are classified under HSN 32062000 ?

It includes Pigments: Chromium compounds

How much GST applies to Pigments: Chromium compounds?

Under HSN 32062000, Pigments: Chromium compounds attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Pigments: Chromium compounds?

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

How should mixed supplies be billed when Pigments: Chromium compounds is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pigments: Chromium compounds; Nil for exempt items if applicable).

Can we claim ITC on inputs used to trade Pigments: Chromium compounds?

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 Pigments: Chromium compounds?

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.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.