---
title: "HSN Code for Other | Varnishes | HSN 32089049 GST Rate"
description: "Find HSN and GST Rates for 32089049 related to Other | Varnishes with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32089049/"
---

# HSN Code 32089049: Other | Varnishes

- [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 : Varnishes : Other | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32089049 ?

It includes Other | Varnishes

### Can we claim ITC on inputs used to trade Other / Varnishes?

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 / Varnishes?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

### Does packaging or labelling change the GST for Other / Varnishes?

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 / Varnishes is sold with other items?

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

### How much GST applies to Other / Varnishes?

Under HSN 32089049, Other / Varnishes attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 32089049 (FY 2024-25)

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

- Exports: ₹8 Cr (+32.22% YoY) — 0.0002% of India's total exports
- Imports: ₹17 Cr (+6.65% YoY) — 0.0003% of India's total imports
- Trade balance: −₹9 Cr (Deficit); surplus rank #9010 of 12657 HSN codes
- Share of Sub-Chapter 3208: 0.94% of its exports; import side 0.67%
- Rank within Sub-Chapter 3208: #11 of 18 by export value; import-side #12

### Key metrics

- Export CAGR: 16.61% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #6055 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +93.13% in FY 2020-21
- Contribution to Sub-Ch. 3208: 0.94% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32089049

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 | 3.15 | 0.0001% | — | 0.75% | 7.31 | 0.0002% | — | 0.47% | −4.16 | #6402 |
| FY 2019-20 | 2.33 | 0.0001% | −26.03% | 0.54% | 8.40 | 0.0003% | +14.91% | 0.55% | −6.07 | #6770 |
| FY 2020-21 | 4.50 | 0.0002% | +93.13% | 0.99% | 8.24 | 0.0003% | −1.90% | 0.56% | −3.74 | #6054 |
| FY 2021-22 | 4.34 | 0.0001% | −3.56% | 0.76% | 9.77 | 0.0002% | +18.57% | 0.53% | −5.43 | #6534 |
| FY 2022-23 | 4.67 | 0.0001% | +7.60% | 0.71% | 12.47 | 0.0002% | +27.64% | 0.55% | −7.80 | #6530 |
| FY 2023-24 | 5.99 | 0.0002% | +28.27% | 0.77% | 15.94 | 0.0003% | +27.83% | 0.69% | −9.95 | #6361 |
| FY 2024-25 | 7.92 | 0.0002% | +32.22% | 0.94% | 17.00 | 0.0003% | +6.65% | 0.67% | −9.08 | #6055 |

- CAGR (7-year): exports 16.61%/yr, imports 15.10%/yr (consistently Deficit)

## Key trade insights: HSN Code 32089049 export-import analysis

### Consistent export growth: 16.61% CAGR over 7 years

India's exports under HSN Code 32089049 have grown at a compound annual rate of 16.61% over 7 fiscal years, rising from ₹3.15 Crore in FY 2018-19 to ₹7.92 Crore in FY 2024-25.

### HSN Code 32089049 ranked #6055 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32089049 ranks #6055 out of 12657 HSN codes by total export value. Within Sub-Chapter 3208, it ranks #11 of 18. By trade surplus, it ranks #9010 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 32089049 exports

The strongest single-year export movement for HSN Code 32089049 was recorded in FY 2020-21, when exports surged by 93.13% over the prior year.

### India records a trade deficit of ₹9.08 Crore in HSN Code 32089049 goods

In FY 2024-25, India's imports of ₹17.00 Cr exceeded exports of ₹7.92 Cr, resulting in a trade deficit of ₹9.08 Crore — ranking #9010 of 12657 by surplus magnitude.

### Import growth of 15.10% CAGR signals rising demand for Other | Varnishes

India's imports under HSN Code 32089049 have grown at 15.10% CAGR, reaching ₹17.00 Crore in FY 2024-25.

### HSN Code 32089049 contributes 0.94% of Sub-Chapter 3208 exports — ranked #11

Among the 18 HSN codes under Sub-Chapter 3208, HSN Code 32089049 ranks #11 by export value — accounting for 0.94% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.67% share (rank #12).

## 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 |
| #11 | HSN Code 32089049: Other \| Varnishes (this hsn code) | ₹8 Cr |