HSN Code 32081010: Polyester Enamels

HSN Code 32081010 represents Polyester Enamels under GST classification. This code helps businesses identify Polyester Enamels correctly for billing, taxation, and trade. With HSN Code 32081010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Polyester Enamels.

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Description of Goods for HSN Code 32081010

HSN Code 32081010 relates to the following description.

Description of Goods

Based on polyesters : Enamels

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

3208 - Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers,dispersed or dissolved in a non-aqueous medium; solutions as defined in note 4 to this chapter

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32081010 not include?

Polyester Enamels does not include products with the following descriptions.

HSN Code 32089011

Other : Based on cellulose nitrate or other cellulose derivatives : Nitrocellulose lacquers

India’s Trade Performance — HSN Code 32081010 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

₹22 Cr

+139.78% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

₹16 Cr

−14.55% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

₹6 Cr

Trade Surplus

Surplus rank #3596 of 12657 HSN codes

% of Sub-Chapter 3208

FY 2024-25

2.64%

Share of Sub-Chapter 3208’s total exports in FY 2024-25

Import side: 0.63% of Sub-Chapter 3208’s imports

Rank Within Sub-Chapter 3208

FY 2024-25

#7 of 18

Position by export value among HSN codes in Sub-Chapter 3208

Import-side rank: #13 of 18

At a glance

8.99%

Export CAGR

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

#4737

National Export Rank

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

+139.78%

Peak Growth Year

FY 2024-25 · strongest single-year move

2.64%

Contribution to Sub-Ch. 3208

Share of Sub-Chapter 3208 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 32081010

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 #4657

Balance

−2.73

Exports

13.23 ₹ Cr

0.0006% share

— YoY

3.14% of Sub-Ch. 3208

Imports

15.96 ₹ Cr

0.0004% share

— YoY

1.03% of Sub-Ch. 3208

FY 2019-20 Exp. Rank #5302

Balance

−13.19

Exports

7.93 ₹ Cr

0.0004% share

−40.06% YoY

1.83% of Sub-Ch. 3208

Imports

21.12 ₹ Cr

0.0006% share

+32.33% YoY

1.38% of Sub-Ch. 3208

FY 2020-21 Exp. Rank #5570

Balance

−12.30

Exports

6.75 ₹ Cr

0.0003% share

−14.88% YoY

1.48% of Sub-Ch. 3208

Imports

19.05 ₹ Cr

0.0007% share

−9.80% YoY

1.29% of Sub-Ch. 3208

FY 2021-22 Exp. Rank #6055

Balance

−13.81

Exports

6.35 ₹ Cr

0.0002% share

−5.93% YoY

1.11% of Sub-Ch. 3208

Imports

20.16 ₹ Cr

0.0004% share

+5.83% YoY

1.10% of Sub-Ch. 3208

FY 2022-23 Exp. Rank #5238

Balance

−8.86

Exports

13.38 ₹ Cr

0.0004% share

+110.71% YoY

2.03% of Sub-Ch. 3208

Imports

22.24 ₹ Cr

0.0004% share

+10.32% YoY

0.99% of Sub-Ch. 3208

FY 2023-24 Exp. Rank #5830

Balance

−9.24

Exports

9.25 ₹ Cr

0.0003% share

−30.87% YoY

1.19% of Sub-Ch. 3208

Imports

18.49 ₹ Cr

0.0003% share

−16.86% YoY

0.80% of Sub-Ch. 3208

FY 2024-25 Exp. Rank #4737

Balance

+6.38

Exports

22.18 ₹ Cr

0.0006% share

+139.78% YoY

2.64% of Sub-Ch. 3208

Imports

15.80 ₹ Cr

0.0003% share

−14.55% YoY

0.63% of Sub-Ch. 3208

CAGR · 7-Year

Exports

8.99% /yr

Imports

−0.17% /yr

Consistently Surplus
Sub-Chapter 3208 total

reference, FY 2024-25

Export

₹840.56 Cr

Import

₹2,526.61 Cr

Trade Balance

−1,686.05

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

Key Trade Insights: HSN Code 32081010 Export-Import Analysis

Consistent Export Growth: 8.99% CAGR Over 7 Years

India's exports under HSN Code 32081010 have grown at a compound annual rate of 8.99% over 7 fiscal years, rising from ₹13.23 Crore in FY 2018-19 to ₹22.18 Crore in FY 2024-25.

HSN Code 32081010 Ranked #4737 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32081010 ranks #4737 out of 12657 HSN codes by total export value. Within Sub-Chapter 3208, it ranks #7 of 18. By trade surplus, it ranks #3596 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 32081010 Exports

The strongest single-year export movement for HSN Code 32081010 was recorded in FY 2024-25, when exports surged by 139.78% over the prior year.

India Maintains a Trade Surplus of ₹6.38 Crore in HSN Code 32081010 Goods

In FY 2024-25, India's exports of ₹22.18 Cr exceeded imports of ₹15.80 Cr, resulting in a trade surplus of ₹6.38 Crore — ranking #3596 of 12657 by surplus magnitude.

Import Growth of −0.17% CAGR Signals Stable Import Dependency for Polyester Enamels

India's imports under HSN Code 32081010 have grown at −0.17% CAGR, reaching ₹15.80 Crore in FY 2024-25.

HSN Code 32081010 Contributes 2.64% of Sub-Chapter 3208 Exports — Ranked #7

Among the 18 HSN codes under Sub-Chapter 3208, HSN Code 32081010 ranks #7 by export value — accounting for 2.64% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.63% share (rank #13).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32081010 and GST compliance.

What products are classified under HSN 32081010 ?

It includes Polyester Enamels

Any common misclassification issue with Polyester Enamels?

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 Polyester Enamels?

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.

How should mixed supplies be billed when Polyester Enamels is sold with other items?

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

Can we claim ITC on inputs used to trade Polyester Enamels?

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 Polyester Enamels?

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 much GST applies to Polyester Enamels?

Under HSN 32081010, Polyester Enamels attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.