HSN Code 32089050: Other | Slip Agents

HSN Code 32089050 represents Other | Slip Agents under GST classification. This code helps businesses identify Other | Slip Agents correctly for billing, taxation, and trade. With HSN Code 32089050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Slip Agents.

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Description of Goods for HSN Code 32089050

HSN Code 32089050 relates to the following description.

Description of Goods

Other : Slip agents

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 32089050 not include?

Other | Slip Agents does not include products with the following descriptions.

Other : Based on cellulose nitrate or other cellulose derivatives : Nitrocellulose lacquers

India’s Trade Performance — HSN Code 32089050 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

Nil

−100.00% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+9.84% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7777 of 12657 HSN codes

% of Sub-Chapter 3208

FY 2024-25

0.00%

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

Import side: 0.03% of Sub-Chapter 3208’s imports

At a glance

−100.00%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.00%

Contribution to Sub-Ch. 3208

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

India Export-Import Trade Statistics for HSN Code 32089050

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

Balance

−1.41

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 3208

Imports

1.41 ₹ Cr

0.0000% share

YoY

0.09% of Sub-Ch. 3208

FY 2019-20

Balance

−0.97

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 3208

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−31.21% YoY

0.06% of Sub-Ch. 3208

FY 2020-21 Exp. Rank #9985

Balance

−0.62

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 3208

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−35.05% YoY

0.04% of Sub-Ch. 3208

FY 2021-22

Balance

−0.32

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3208

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−49.21% YoY

0.02% of Sub-Ch. 3208

FY 2022-23

Balance

−0.97

Exports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 3208

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+203.13% YoY

0.04% of Sub-Ch. 3208

FY 2023-24 Exp. Rank #10223

Balance

−0.58

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 3208

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−37.11% YoY

0.03% of Sub-Ch. 3208

FY 2024-25

Balance

−0.67

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3208

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+9.84% YoY

0.03% of Sub-Ch. 3208

CAGR · 7-Year

Exports

Imports

−11.66% /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 32089050 Export-Import Analysis

Export Snapshot for HSN Code 32089050

India exported ₹0.00 Crore worth of Other | Slip Agents in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2021-22 Was the Strongest Growth Year for HSN Code 32089050 Exports

The strongest single-year export movement for HSN Code 32089050 was recorded in FY 2021-22, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.67 Crore in HSN Code 32089050 Goods

In FY 2024-25, India's imports of ₹0.67 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.67 Crore — ranking #7777 of 12657 by surplus magnitude.

Import Growth of −11.66% CAGR Signals Stable Import Dependency for Other | Slip Agents

India's imports under HSN Code 32089050 have grown at −11.66% CAGR, reaching ₹0.67 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32089050 and GST compliance.

What products are classified under HSN 32089050 ?

It includes Other | Slip Agents

How should mixed supplies be billed when Other / Slip Agents is sold with other items?

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

Any common misclassification issue with Other / Slip Agents?

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 / Slip Agents?

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.

Can we claim ITC on inputs used to trade Other / Slip Agents?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Other / Slip Agents?

Under HSN 32089050, Other / Slip Agents attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.