--- title: "HSN Code for Other | Lacquers | HSN 32089030 GST Rate" description: "Find HSN and GST Rates for 32089030 related to Other | Lacquers with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-32089030/" --- # HSN Code 32089030: Other | 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 : Lacquers | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 32089030 ? It includes Other | Lacquers ### Does packaging or labelling change the GST for Other / 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 much GST applies to Other / Lacquers? Under HSN 32089030, Other / Lacquers attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Other / Lacquers? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How should mixed supplies be billed when Other / Lacquers is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Lacquers; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Other / 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. ## India's trade performance: HSN Code 32089030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹5 Cr (+60.68% YoY) — 0.0001% of India's total exports - Imports: ₹20 Cr (+50.70% YoY) — 0.0003% of India's total imports - Trade balance: −₹15 Cr (Deficit); surplus rank #9361 of 12657 HSN codes - Share of Sub-Chapter 3208: 0.62% of its exports; import side 0.81% - Rank within Sub-Chapter 3208: #14 of 18 by export value; import-side #11 ### Key metrics - Export CAGR: 5.24% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #6570 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +60.68% in FY 2024-25 - Contribution to Sub-Ch. 3208: 0.62% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 32089030 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 | 3.82 | 0.0002% | — | 0.91% | 8.47 | 0.0002% | — | 0.55% | −4.65 | #6193 | | FY 2019-20 | 3.30 | 0.0001% | −13.61% | 0.76% | 7.07 | 0.0002% | −16.53% | 0.46% | −3.77 | #6346 | | FY 2020-21 | 3.82 | 0.0002% | +15.76% | 0.84% | 8.88 | 0.0003% | +25.60% | 0.60% | −5.06 | #6255 | | FY 2021-22 | 5.53 | 0.0002% | +44.76% | 0.97% | 12.38 | 0.0003% | +39.41% | 0.68% | −6.85 | #6230 | | FY 2022-23 | 3.57 | 0.0001% | −35.44% | 0.54% | 12.30 | 0.0002% | −0.65% | 0.55% | −8.73 | #6809 | | FY 2023-24 | 3.23 | 0.0001% | −9.52% | 0.41% | 13.55 | 0.0002% | +10.16% | 0.59% | −10.32 | #7055 | | FY 2024-25 | 5.19 | 0.0001% | +60.68% | 0.62% | 20.42 | 0.0003% | +50.70% | 0.81% | −15.23 | #6570 | - CAGR (7-year): exports 5.24%/yr, imports 15.80%/yr (consistently Deficit) ## Key trade insights: HSN Code 32089030 export-import analysis ### Consistent export growth: 5.24% CAGR over 7 years India's exports under HSN Code 32089030 have grown at a compound annual rate of 5.24% over 7 fiscal years, rising from ₹3.82 Crore in FY 2018-19 to ₹5.19 Crore in FY 2024-25. ### HSN Code 32089030 ranked #6570 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 32089030 ranks #6570 out of 12657 HSN codes by total export value. Within Sub-Chapter 3208, it ranks #14 of 18. By trade surplus, it ranks #9361 of 12657. ### FY 2024-25 was the strongest growth year for HSN Code 32089030 exports The strongest single-year export movement for HSN Code 32089030 was recorded in FY 2024-25, when exports surged by 60.68% over the prior year. ### India records a trade deficit of ₹15.23 Crore in HSN Code 32089030 goods In FY 2024-25, India's imports of ₹20.42 Cr exceeded exports of ₹5.19 Cr, resulting in a trade deficit of ₹15.23 Crore — ranking #9361 of 12657 by surplus magnitude. ### Import growth of 15.80% CAGR signals rising demand for Other | Lacquers India's imports under HSN Code 32089030 have grown at 15.80% CAGR, reaching ₹20.42 Crore in FY 2024-25. ### HSN Code 32089030 contributes 0.62% of Sub-Chapter 3208 exports — ranked #14 Among the 18 HSN codes under Sub-Chapter 3208, HSN Code 32089030 ranks #14 by export value — accounting for 0.62% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.81% share (rank #11). ## 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](https://busy.in/hsn/hsn-32089011/) | ₹9 Cr | | #14 | HSN Code 32089030: Other \| Lacquers (this hsn code) | ₹5 Cr |