--- title: "HSN Code for Prepared Inorganic Pigments | HSN 32071030 GST Rate" description: "Find HSN and GST Rates for 32071030 related to Prepared Inorganic Pigments with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-32071030/" --- # HSN Code 32071030: Prepared Inorganic Pigments - [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 3207: Prepared pigments & ceramic colours](https://busy.in/hsn/sub-chapter-3207/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Prepared pigments, prepared opacifiers, prepared colours and similar preparations : Prepared inorganic pigments | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 32071030 ? It includes Prepared Inorganic Pigments ### How much GST applies to Prepared Inorganic Pigments? Under HSN 32071030, Prepared Inorganic Pigments attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Prepared Inorganic Pigments? 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 Prepared Inorganic Pigments? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Do e‑way bill and e‑invoice apply for Prepared Inorganic Pigments? 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. ### Does packaging or labelling change the GST for Prepared Inorganic Pigments? 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. ### How should mixed supplies be billed when Prepared Inorganic Pigments is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Prepared Inorganic Pigments; Nil for exempt items if applicable). ## India's trade performance: HSN Code 32071030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹21 Cr (+66.22% YoY) — 0.0006% of India's total exports - Imports: ₹18 Cr (+77.59% YoY) — 0.0003% of India's total imports - Trade balance: ₹4 Cr (Surplus); surplus rank #3924 of 12657 HSN codes - Share of Sub-Chapter 3207: 5.28% of its exports; import side 1.06% - Rank within Sub-Chapter 3207: #5 of 9 by export value; import-side #8 ### Key metrics - Export CAGR: -1.36% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4796 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +278.57% in FY 2022-23 - Contribution to Sub-Ch. 3207: 5.28% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 32071030 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. 3207 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3207 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 22.92 | 0.0010% | — | 18.18% | 6.26 | 0.0002% | — | 0.56% | +16.66 | #3915 | | FY 2019-20 | 10.26 | 0.0005% | −55.24% | 6.72% | 6.70 | 0.0002% | +7.03% | 0.60% | +3.56 | #4979 | | FY 2020-21 | 3.99 | 0.0002% | −61.11% | 2.45% | 8.48 | 0.0003% | +26.57% | 0.68% | −4.49 | #6196 | | FY 2021-22 | 3.92 | 0.0001% | −1.75% | 1.39% | 13.42 | 0.0003% | +58.25% | 0.95% | −9.50 | #6641 | | FY 2022-23 | 14.84 | 0.0004% | +278.57% | 4.73% | 14.83 | 0.0003% | +10.51% | 0.95% | +0.01 | #5084 | | FY 2023-24 | 12.70 | 0.0004% | −14.42% | 4.02% | 9.86 | 0.0002% | −33.51% | 0.62% | +2.84 | #5405 | | FY 2024-25 | 21.11 | 0.0006% | +66.22% | 5.28% | 17.51 | 0.0003% | +77.59% | 1.06% | +3.60 | #4796 | - CAGR (7-year): exports -1.36%/yr, imports 18.70%/yr (consistently Surplus) ## Key trade insights: HSN Code 32071030 export-import analysis ### Export decline: -1.36% CAGR over 7 years India's exports under HSN Code 32071030 have declined at a compound annual rate of -1.36% over 7 fiscal years, falling from ₹22.92 Crore in FY 2018-19 to ₹21.11 Crore in FY 2024-25. ### HSN Code 32071030 ranked #4796 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 32071030 ranks #4796 out of 12657 HSN codes by total export value. Within Sub-Chapter 3207, it ranks #5 of 9. By trade surplus, it ranks #3924 of 12657. ### FY 2022-23 was the strongest growth year for HSN Code 32071030 exports The strongest single-year export movement for HSN Code 32071030 was recorded in FY 2022-23, when exports surged by 278.57% over the prior year. ### India maintains a trade surplus of ₹3.60 Crore in HSN Code 32071030 goods In FY 2024-25, India's exports of ₹21.11 Cr exceeded imports of ₹17.51 Cr, resulting in a trade surplus of ₹3.60 Crore — ranking #3924 of 12657 by surplus magnitude. ### Import growth of 18.70% CAGR signals rising demand for Prepared Inorganic Pigments India's imports under HSN Code 32071030 have grown at 18.70% CAGR, reaching ₹17.51 Crore in FY 2024-25. ### HSN Code 32071030 contributes 5.28% of Sub-Chapter 3207 exports — ranked #5 Among the 9 HSN codes under Sub-Chapter 3207, HSN Code 32071030 ranks #5 by export value — accounting for 5.28% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.06% share (rank #8). ## Related HSN Codes in Sub-Chapter 3207 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 32072010: Vitrifiable Enamels and Glazes](https://busy.in/hsn/hsn-32072010/) | ₹143 Cr | | #2 | [HSN Code 32071090: Other Prepared Pigments and Similar Preparations](https://busy.in/hsn/hsn-32071090/) | ₹103 Cr | | #3 | [HSN Code 32074000: Glass Frit and Other Glass in Powder, Granules, or Flakes](https://busy.in/hsn/hsn-32074000/) | ₹75 Cr | | #4 | [HSN Code 32072020: Engobes (slips) and similar: EnamelSlip](https://busy.in/hsn/hsn-32072020/) | ₹30 Cr | | #5 | HSN Code 32071030: Prepared Inorganic Pigments (this hsn code) | ₹21 Cr | | #6 | [HSN Code 32071040: Prepared Opacifiers and Similar Preparations](https://busy.in/hsn/hsn-32071040/) | ₹16 Cr | | #7 | [HSN Code 32073000: Liquid Lustres And Similar Preparations](https://busy.in/hsn/hsn-32073000/) | ₹10 Cr | | #8 | [HSN Code 32071010: Prepared Organic Dye-Stuff Pigments, Dry](https://busy.in/hsn/hsn-32071010/) | < ₹1 Crore | | #9 | [HSN Code 32071020: Prepared Organic Dye-Stuff Pigments](https://busy.in/hsn/hsn-32071020/) | < ₹1 Crore |