HSN Code 32073000: Liquid Lustres And Similar Preparations

HSN Code 32073000 represents Liquid Lustres And Similar Preparations under GST classification. This code helps businesses identify Liquid Lustres And Similar Preparations correctly for billing, taxation, and trade. With HSN Code 32073000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Liquid Lustres And Similar Preparations.

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Description of Goods for HSN Code 32073000

HSN Code 32073000 relates to the following description.

Description of Goods

Liquid lustres and similar preparations

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

3207 - Prepared pigments, prepared opacifiers and prepared colours, vitrifiable enamels and glazes, engobes (slips), liquid lustres and similar preparations, of a kind used in the ceramic enamelling or glass industry; glass frit and other glass, in the form of powder,granules or flakes

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32073000 not include?

Liquid Lustres And Similar Preparations does not include products with the following descriptions.

HSN Code 32071010

Prepared pigments, prepared opacifiers, prepared colours and similar preparations : Prepared organic dye-stuff pigments, dry

HSN Code 32071020

Prepared pigments, prepared opacifiers, prepared colours and similar preparations : Prepared organic dye-stuff pigments, paste

HSN Code 32071030

Prepared pigments, prepared opacifiers, prepared colours and similar preparations : Prepared inorganic pigments

HSN Code 32071040

Prepared pigments, prepared opacifiers, prepared colours and similar preparations : Prepared opacifiers prepared colours and similar preparations

HSN Code 32071090

Prepared pigments, prepared opacifiers, prepared colours and similar preparations : Other

HSN Code 32072010

Vitrifiable enamels and glazes, engobes (slips) and similar preparations : Vitrifiable enamels and glazes

HSN Code 32072020

Vitrifiable enamels and glazes, engobes (slips) and similar preparations : Engobes (slips) and similar preparations

India’s Trade Performance — HSN Code 32073000 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

₹10 Cr

−3.65% vs FY 2023-24

0.0003% of India’s total exports

India’s Imports

FY 2024-25

₹41 Cr

+59.71% vs FY 2023-24

0.0007% of India’s total imports

Trade Balance

FY 2024-25

−₹31 Cr

Trade Deficit

Surplus rank #9871 of 12657 HSN codes

% of Sub-Chapter 3207

FY 2024-25

2.51%

Share of Sub-Chapter 3207’s total exports in FY 2024-25

Import side: 2.51% of Sub-Chapter 3207’s imports

Rank Within Sub-Chapter 3207

FY 2024-25

#7 of 9

Position by export value among HSN codes in Sub-Chapter 3207

Import-side rank: #5 of 9

At a glance

15.09%

Export CAGR

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

#5779

National Export Rank

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

+74.07%

Peak Growth Year

FY 2019-20 · strongest single-year move

2.51%

Contribution to Sub-Ch. 3207

Share of Sub-Chapter 3207 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 32073000

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 #6047

Balance

−192.76

Exports

4.32 ₹ Cr

0.0002% share

— YoY

3.43% of Sub-Ch. 3207

Imports

197.08 ₹ Cr

0.0055% share

— YoY

17.74% of Sub-Ch. 3207

FY 2019-20 Exp. Rank #5363

Balance

−242.71

Exports

7.52 ₹ Cr

0.0003% share

+74.07% YoY

4.92% of Sub-Ch. 3207

Imports

250.23 ₹ Cr

0.0075% share

+26.97% YoY

22.22% of Sub-Ch. 3207

FY 2020-21 Exp. Rank #4881

Balance

−302.90

Exports

11.57 ₹ Cr

0.0005% share

+53.86% YoY

7.10% of Sub-Ch. 3207

Imports

314.47 ₹ Cr

0.0108% share

+25.67% YoY

25.28% of Sub-Ch. 3207

FY 2021-22 Exp. Rank #5081

Balance

−313.98

Exports

13.65 ₹ Cr

0.0004% share

+17.98% YoY

4.84% of Sub-Ch. 3207

Imports

327.63 ₹ Cr

0.0072% share

+4.18% YoY

23.23% of Sub-Ch. 3207

FY 2022-23 Exp. Rank #5589

Balance

−60.62

Exports

10.35 ₹ Cr

0.0003% share

−24.18% YoY

3.30% of Sub-Ch. 3207

Imports

70.97 ₹ Cr

0.0012% share

−78.34% YoY

4.57% of Sub-Ch. 3207

FY 2023-24 Exp. Rank #5683

Balance

−15.47

Exports

10.42 ₹ Cr

0.0003% share

+0.68% YoY

3.30% of Sub-Ch. 3207

Imports

25.89 ₹ Cr

0.0005% share

−63.52% YoY

1.62% of Sub-Ch. 3207

FY 2024-25 Exp. Rank #5779

Balance

−31.31

Exports

10.04 ₹ Cr

0.0003% share

−3.65% YoY

2.51% of Sub-Ch. 3207

Imports

41.35 ₹ Cr

0.0007% share

+59.71% YoY

2.51% of Sub-Ch. 3207

CAGR · 7-Year

Exports

15.09% /yr

Imports

−22.91% /yr

Consistently Deficit
Sub-Chapter 3207 total

reference, FY 2024-25

Export

₹400.06 Cr

Import

₹1,650.08 Cr

Trade Balance

−1,250.02

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

Key Trade Insights: HSN Code 32073000 Export-Import Analysis

Consistent Export Growth: 15.09% CAGR Over 7 Years

India's exports under HSN Code 32073000 have grown at a compound annual rate of 15.09% over 7 fiscal years, rising from ₹4.32 Crore in FY 2018-19 to ₹10.04 Crore in FY 2024-25.

HSN Code 32073000 Ranked #5779 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32073000 ranks #5779 out of 12657 HSN codes by total export value. Within Sub-Chapter 3207, it ranks #7 of 9. By trade surplus, it ranks #9871 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 32073000 Exports

The strongest single-year export movement for HSN Code 32073000 was recorded in FY 2019-20, when exports surged by 74.07% over the prior year.

India Records a Trade Deficit of ₹31.31 Crore in HSN Code 32073000 Goods

In FY 2024-25, India's imports of ₹41.35 Cr exceeded exports of ₹10.04 Cr, resulting in a trade deficit of ₹31.31 Crore — ranking #9871 of 12657 by surplus magnitude.

Import Growth of −22.91% CAGR Signals Stable Import Dependency for Liquid Lustres And Similar Preparations

India's imports under HSN Code 32073000 have grown at −22.91% CAGR, reaching ₹41.35 Crore in FY 2024-25.

HSN Code 32073000 Contributes 2.51% of Sub-Chapter 3207 Exports — Ranked #7

Among the 9 HSN codes under Sub-Chapter 3207, HSN Code 32073000 ranks #7 by export value — accounting for 2.51% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 2.51% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32073000 and GST compliance.

What products are classified under HSN 32073000 ?

It includes Liquid Lustres And Similar Preparations

Any common misclassification issue with Liquid Lustres And Similar Preparations?

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 Liquid Lustres And Similar Preparations?

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.

Can we claim ITC on inputs used to trade Liquid Lustres And Similar Preparations?

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 Liquid Lustres And Similar Preparations?

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 Liquid Lustres And Similar Preparations is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Liquid Lustres And Similar Preparations; Nil for exempt items if applicable).

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.