---
title: "HSN Code for Nitrocellulose Lacquers | HSN 32089011 GST Rate"
description: "Find HSN and GST Rates for 32089011 related to Nitrocellulose Lacquers with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32089011/"
---

# HSN Code 32089011: Nitrocellulose Lacquers

- [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 3208: Synthetic polymer paints & varnishes](https://busy.in/hsn/sub-chapter-3208/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other : Based on cellulose nitrate or other cellulose derivatives : Nitrocellulose lacquers | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32089011 ?

It includes Nitrocellulose Lacquers

### Can we claim ITC on inputs used to trade Nitrocellulose Lacquers?

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 Nitrocellulose Lacquers?

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 Nitrocellulose Lacquers is sold with other items?

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

### Do e‑way bill and e‑invoice apply for Nitrocellulose Lacquers?

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 much GST applies to Nitrocellulose Lacquers?

Under HSN 32089011, Nitrocellulose Lacquers attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 32089011 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹9 Cr (−3.55% YoY) — 0.0003% of India's total exports
- Imports: ₹2 Cr (+36.49% YoY) — 0.0000% of India's total imports
- Trade balance: ₹7 Cr (Surplus); surplus rank #3528 of 12657 HSN codes
- Share of Sub-Chapter 3208: 1.10% of its exports; import side 0.08%
- Rank within Sub-Chapter 3208: #10 of 18 by export value; import-side #15

### Key metrics

- Export CAGR: 9.76% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #5877 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +157.58% in FY 2022-23
- Contribution to Sub-Ch. 3208: 1.10% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32089011

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. 3208 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3208 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 5.28 | 0.0002% | — | 1.25% | 9.18 | 0.0003% | — | 0.59% | −3.90 | #5800 |
| FY 2019-20 | 6.09 | 0.0003% | +15.34% | 1.40% | 7.96 | 0.0002% | −13.29% | 0.52% | −1.87 | #5613 |
| FY 2020-21 | 4.37 | 0.0002% | −28.24% | 0.96% | 2.85 | 0.0001% | −64.20% | 0.19% | +1.52 | #6093 |
| FY 2021-22 | 5.61 | 0.0002% | +28.38% | 0.98% | 3.98 | 0.0001% | +39.65% | 0.22% | +1.63 | #6215 |
| FY 2022-23 | 14.45 | 0.0004% | +157.58% | 2.20% | 3.42 | 0.0001% | −14.07% | 0.15% | +11.03 | #5125 |
| FY 2023-24 | 9.57 | 0.0003% | −33.77% | 1.23% | 1.48 | 0.0000% | −56.73% | 0.06% | +8.09 | #5791 |
| FY 2024-25 | 9.23 | 0.0003% | −3.55% | 1.10% | 2.02 | 0.0000% | +36.49% | 0.08% | +7.21 | #5877 |

- CAGR (7-year): exports 9.76%/yr, imports -22.30%/yr (consistently Surplus)

## Key trade insights: HSN Code 32089011 export-import analysis

### Consistent export growth: 9.76% CAGR over 7 years

India's exports under HSN Code 32089011 have grown at a compound annual rate of 9.76% over 7 fiscal years, rising from ₹5.28 Crore in FY 2018-19 to ₹9.23 Crore in FY 2024-25.

### HSN Code 32089011 ranked #5877 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32089011 ranks #5877 out of 12657 HSN codes by total export value. Within Sub-Chapter 3208, it ranks #10 of 18. By trade surplus, it ranks #3528 of 12657.

### FY 2022-23 was the strongest growth year for HSN Code 32089011 exports

The strongest single-year export movement for HSN Code 32089011 was recorded in FY 2022-23, when exports surged by 157.58% over the prior year.

### India maintains a trade surplus of ₹7.21 Crore in HSN Code 32089011 goods

In FY 2024-25, India's exports of ₹9.23 Cr exceeded imports of ₹2.02 Cr, resulting in a trade surplus of ₹7.21 Crore — ranking #3528 of 12657 by surplus magnitude.

### Import growth of -22.30% CAGR signals stable import dependency for Nitrocellulose Lacquers

India's imports under HSN Code 32089011 have grown at -22.30% CAGR, reaching ₹2.02 Crore in FY 2024-25.

### HSN Code 32089011 contributes 1.10% of Sub-Chapter 3208 exports — ranked #10

Among the 18 HSN codes under Sub-Chapter 3208, HSN Code 32089011 ranks #10 by export value — accounting for 1.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.08% share (rank #15).

## Related HSN Codes in Sub-Chapter 3208

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 32089090: Synthetic Polymer Paints & Varnishes](https://busy.in/hsn/hsn-32089090/) | ₹321 Cr |
| #2 | [HSN Code 32081090: Other Polyester Paints](https://busy.in/hsn/hsn-32081090/) | ₹229 Cr |
| #3 | [HSN Code 32082090: Acrylic/Vinyl Polymer-Based Coatings](https://busy.in/hsn/hsn-32082090/) | ₹105 Cr |
| #4 | [HSN Code 32081020: Polyester Lacquers](https://busy.in/hsn/hsn-32081020/) | ₹33 Cr |
| #5 | [HSN Code 32089029: Other \| Enamels](https://busy.in/hsn/hsn-32089029/) | ₹31 Cr |
| #6 | [HSN Code 32089019: Cellulose-Based Coatings](https://busy.in/hsn/hsn-32089019/) | ₹23 Cr |
| #7 | [HSN Code 32081010: Polyester Enamels](https://busy.in/hsn/hsn-32081010/) | ₹22 Cr |
| #8 | [HSN Code 32089041: Other \| Varnishes](https://busy.in/hsn/hsn-32089041/) | ₹17 Cr |
| #9 | [HSN Code 32089022: Other : Enamels : Synthetic enamel, other colours](https://busy.in/hsn/hsn-32089022/) | ₹15 Cr |
| #10 | HSN Code 32089011: Nitrocellulose Lacquers (this hsn code) | ₹9 Cr |