HSN Code 32081090: Other Polyester Paints

HSN Code 32081090 represents Other Polyester Paints under GST classification. This code helps businesses identify Other Polyester Paints correctly for billing, taxation, and trade. With HSN Code 32081090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other Polyester Paints.

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Description of Goods for HSN Code 32081090

HSN Code 32081090 relates to the following description.

Description of Goods

Based on polyesters : Other

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 32081090 not include?

Other Polyester Paints 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 32081090 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

₹229 Cr

−11.05% vs FY 2023-24

0.0062% of India’s total exports

India’s Imports

FY 2024-25

₹259 Cr

+1.06% vs FY 2023-24

0.0043% of India’s total imports

Trade Balance

FY 2024-25

−₹30 Cr

Trade Deficit

Surplus rank #9840 of 12657 HSN codes

% of Sub-Chapter 3208

FY 2024-25

27.25%

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

Import side: 10.26% of Sub-Chapter 3208’s imports

Rank Within Sub-Chapter 3208

FY 2024-25

#2 of 18

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

Import-side rank: #4 of 18

At a glance

12.07%

Export CAGR

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

#1696

National Export Rank

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

+93.76%

Peak Growth Year

FY 2023-24 · strongest single-year move

27.25%

Contribution to Sub-Ch. 3208

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

India Export-Import Trade Statistics for HSN Code 32081090

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 #1858

Balance

−123.51

Exports

115.60 ₹ Cr

0.0051% share

— YoY

27.45% of Sub-Ch. 3208

Imports

239.11 ₹ Cr

0.0067% share

— YoY

15.48% of Sub-Ch. 3208

FY 2019-20 Exp. Rank #1687

Balance

−94.91

Exports

133.38 ₹ Cr

0.0061% share

+15.38% YoY

30.72% of Sub-Ch. 3208

Imports

228.29 ₹ Cr

0.0068% share

−4.53% YoY

14.87% of Sub-Ch. 3208

FY 2020-21 Exp. Rank #1767

Balance

−62.30

Exports

134.64 ₹ Cr

0.0063% share

+0.94% YoY

29.51% of Sub-Ch. 3208

Imports

196.94 ₹ Cr

0.0068% share

−13.73% YoY

13.36% of Sub-Ch. 3208

FY 2021-22 Exp. Rank #1930

Balance

−87.68

Exports

151.42 ₹ Cr

0.0048% share

+12.46% YoY

26.55% of Sub-Ch. 3208

Imports

239.10 ₹ Cr

0.0052% share

+21.41% YoY

13.04% of Sub-Ch. 3208

FY 2022-23 Exp. Rank #2192

Balance

−133.62

Exports

132.91 ₹ Cr

0.0037% share

−12.22% YoY

20.21% of Sub-Ch. 3208

Imports

266.53 ₹ Cr

0.0046% share

+11.47% YoY

11.86% of Sub-Ch. 3208

FY 2023-24 Exp. Rank #1522

Balance

+0.95

Exports

257.52 ₹ Cr

0.0071% share

+93.76% YoY

33.00% of Sub-Ch. 3208

Imports

256.57 ₹ Cr

0.0046% share

−3.74% YoY

11.13% of Sub-Ch. 3208

FY 2024-25 Exp. Rank #1696

Balance

−30.23

Exports

229.07 ₹ Cr

0.0062% share

−11.05% YoY

27.25% of Sub-Ch. 3208

Imports

259.30 ₹ Cr

0.0043% share

+1.06% YoY

10.26% of Sub-Ch. 3208

CAGR · 7-Year

Exports

12.07% /yr

Imports

1.36% /yr

Consistently Deficit
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 32081090 Export-Import Analysis

Consistent Export Growth: 12.07% CAGR Over 7 Years

India's exports under HSN Code 32081090 have grown at a compound annual rate of 12.07% over 7 fiscal years, rising from ₹115.60 Crore in FY 2018-19 to ₹229.07 Crore in FY 2024-25.

HSN Code 32081090 Ranked #1696 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32081090 ranks #1696 out of 12657 HSN codes by total export value. Within Sub-Chapter 3208, it ranks #2 of 18. By trade surplus, it ranks #9840 of 12657.

FY 2023-24 Was the Strongest Growth Year for HSN Code 32081090 Exports

The strongest single-year export movement for HSN Code 32081090 was recorded in FY 2023-24, when exports surged by 93.76% over the prior year.

India Records a Trade Deficit of ₹30.23 Crore in HSN Code 32081090 Goods

In FY 2024-25, India's imports of ₹259.30 Cr exceeded exports of ₹229.07 Cr, resulting in a trade deficit of ₹30.23 Crore — ranking #9840 of 12657 by surplus magnitude.

Import Growth of 1.36% CAGR Signals Stable Import Dependency for Other Polyester Paints

India's imports under HSN Code 32081090 have grown at 1.36% CAGR, reaching ₹259.30 Crore in FY 2024-25.

HSN Code 32081090 Contributes 27.25% of Sub-Chapter 3208 Exports — Ranked #2

Among the 18 HSN codes under Sub-Chapter 3208, HSN Code 32081090 ranks #2 by export value — accounting for 27.25% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 10.26% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32081090 and GST compliance.

What products are classified under HSN 32081090 ?

It includes Other Polyester Paints

How much GST applies to Other Polyester Paints?

Under HSN 32081090, Other Polyester Paints attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Other Polyester Paints?

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 Other Polyester Paints?

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 Other Polyester Paints?

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 Other Polyester Paints?

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 Other Polyester Paints is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other Polyester Paints; 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.