What products are classified under HSN 32081020 ?
It includes Polyester Lacquers
HSN Code 32081020 represents Polyester Lacquers under GST classification. This code helps businesses identify Polyester Lacquers correctly for billing, taxation, and trade. With HSN Code 32081020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Polyester Lacquers.
HSN Code 32081020 relates to the following description:
| Chapter Number | Chapter Name | Sub Chapter Number | Sub Chapter Name | Description of Goods | CGST (%) |
SGST (%) |
IGST (%) |
CESS (%) |
|---|---|---|---|---|---|---|---|---|
| 32 | Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter;paints and varnishes; putty and other mastics; inks | 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 | Based on polyesters : Lacquers | 9% | 9% | 18% | 0% |
Description of goods
Based on polyesters : Lacquers
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
Polyester Lacquers does not include products with the following descriptions:
| HSN Code | Description |
|---|---|
| Based on polyesters : Enamels | |
| Based on polyesters : Varnishes | |
| Based on polyesters : Other | |
| Based on acrylic or vinyl polymers : Enamels | |
| Based on acrylic or vinyl polymers : Lacquers | |
| Based on acrylic or vinyl polymers : Varnishes | |
| Based on acrylic or vinyl polymers : Other | |
| Other : Based on cellulose nitrate or other cellulose derivatives : Nitrocellulose lacquers | |
| Other : Based on cellulose nitrate or other cellulose derivatives : Other | |
| Other : Enamels : Synthetic enamel, ultra white paints | |
| Other : Enamels : Synthetic enamel, other colours | |
| Other : Enamels : Other | |
| Other : Lacquers | |
| Other : Varnishes : Insulating varnish | |
| Other : Varnishes : Other | |
| Other : Slip agents | |
| Other : Other |
Based on polyesters : Enamels
Based on polyesters : Varnishes
Based on polyesters : Other
Based on acrylic or vinyl polymers : Enamels
Based on acrylic or vinyl polymers : Lacquers
Based on acrylic or vinyl polymers : Varnishes
Based on acrylic or vinyl polymers : Other
Other : Based on cellulose nitrate or other cellulose derivatives : Nitrocellulose lacquers
Other : Based on cellulose nitrate or other cellulose derivatives : Other
Other : Enamels : Synthetic enamel, ultra white paints
Other : Enamels : Synthetic enamel, other colours
Other : Enamels : Other
Other : Lacquers
Other : Varnishes : Insulating varnish
Other : Varnishes : Other
Other : Slip agents
Other : Other
It includes Polyester Lacquers
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Polyester Lacquers; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
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.