--- title: "HSN Code for Based on acrylic: Acrylic emulsion | HSN 32091010 GST Rate" description: "Find HSN and GST Rates for 32091010 related to Based on acrylic: Acrylic emulsion with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-32091010/" --- # HSN Code 32091010: Based on acrylic: Acrylic emulsion - [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 3209: Synthetic paints](https://busy.in/hsn/sub-chapter-3209/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Based on acrylic or vinyl polymers : Acrylic emulsion | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 32091010 ? It includes Based on acrylic: Acrylic emulsion ### How should mixed supplies be billed when Based on acrylic: Acrylic emulsion is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Based on acrylic: Acrylic emulsion; Nil for exempt items if applicable). ### How much GST applies to Based on acrylic: Acrylic emulsion? Under HSN 32091010, Based on acrylic: Acrylic emulsion attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Based on acrylic: Acrylic emulsion? 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. ### Do e‑way bill and e‑invoice apply for Based on acrylic: Acrylic emulsion? 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. ### Any common misclassification issue with Based on acrylic: Acrylic emulsion? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Based on acrylic: Acrylic emulsion? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ## India's trade performance: HSN Code 32091010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹53 Cr (+43.51% YoY) — 0.0014% of India's total exports - Imports: ₹35 Cr (+74.36% YoY) — 0.0006% of India's total imports - Trade balance: ₹18 Cr (Surplus); surplus rank #2900 of 12657 HSN codes - Share of Sub-Chapter 3209: 32.54% of its exports; import side 5.29% - Rank within Sub-Chapter 3209: #2 of 5 by export value; import-side #4 ### Key metrics - Export CAGR: 10.66% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3543 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +68.24% in FY 2021-22 - Contribution to Sub-Ch. 3209: 32.54% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 32091010 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. 3209 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3209 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 28.87 | 0.0013% | — | 18.77% | 17.93 | 0.0005% | — | 4.70% | +10.94 | #3625 | | FY 2019-20 | 27.35 | 0.0012% | −5.27% | 21.35% | 10.70 | 0.0003% | −40.32% | 3.36% | +16.65 | #3717 | | FY 2020-21 | 19.93 | 0.0009% | −27.13% | 25.83% | 11.51 | 0.0004% | +7.57% | 3.51% | +8.42 | #4184 | | FY 2021-22 | 33.53 | 0.0011% | +68.24% | 35.16% | 13.86 | 0.0003% | +20.42% | 3.22% | +19.67 | #3900 | | FY 2022-23 | 34.98 | 0.0010% | +4.32% | 29.73% | 10.86 | 0.0002% | −21.65% | 1.94% | +24.12 | #3949 | | FY 2023-24 | 36.93 | 0.0010% | +5.57% | 30.63% | 20.01 | 0.0004% | +84.25% | 3.02% | +16.92 | #3956 | | FY 2024-25 | 53.00 | 0.0014% | +43.51% | 32.54% | 34.89 | 0.0006% | +74.36% | 5.29% | +18.11 | #3543 | - CAGR (7-year): exports 10.66%/yr, imports 11.73%/yr (consistently Surplus) ## Key trade insights: HSN Code 32091010 export-import analysis ### Consistent export growth: 10.66% CAGR over 7 years India's exports under HSN Code 32091010 have grown at a compound annual rate of 10.66% over 7 fiscal years, rising from ₹28.87 Crore in FY 2018-19 to ₹53.00 Crore in FY 2024-25. ### HSN Code 32091010 ranked #3543 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 32091010 ranks #3543 out of 12657 HSN codes by total export value. Within Sub-Chapter 3209, it ranks #2 of 5. By trade surplus, it ranks #2900 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 32091010 exports The strongest single-year export movement for HSN Code 32091010 was recorded in FY 2021-22, when exports surged by 68.24% over the prior year. ### India maintains a trade surplus of ₹18.11 Crore in HSN Code 32091010 goods In FY 2024-25, India's exports of ₹53.00 Cr exceeded imports of ₹34.89 Cr, resulting in a trade surplus of ₹18.11 Crore — ranking #2900 of 12657 by surplus magnitude. ### Import growth of 11.73% CAGR signals rising demand for Based on acrylic: Acrylic emulsion India's imports under HSN Code 32091010 have grown at 11.73% CAGR, reaching ₹34.89 Crore in FY 2024-25. ### HSN Code 32091010 contributes 32.54% of Sub-Chapter 3209 exports — ranked #2 Among the 5 HSN codes under Sub-Chapter 3209, HSN Code 32091010 ranks #2 by export value — accounting for 32.54% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 5.29% share (rank #4). ## Related HSN Codes in Sub-Chapter 3209 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 32091090: Acrylic/vinyl polymers: Other](https://busy.in/hsn/hsn-32091090/) | ₹54 Cr | | #2 | HSN Code 32091010: Based on acrylic: Acrylic emulsion (this hsn code) | ₹53 Cr | | #3 | [HSN Code 32099090: Aqueous polymer-based paints, varnishes \| Other.](https://busy.in/hsn/hsn-32099090/) | ₹50 Cr | | #4 | [HSN Code 32099020: Emulsion paints: Other](https://busy.in/hsn/hsn-32099020/) | ₹4 Cr | | #5 | [HSN Code 32099010: Other \| Dispersion Paints](https://busy.in/hsn/hsn-32099010/) | ₹1 Cr |