HSN Code 32091010: Based on acrylic: Acrylic emulsion

HSN Code 32091010 represents Based on acrylic: Acrylic emulsion under GST classification. This code helps businesses identify Based on acrylic: Acrylic emulsion correctly for billing, taxation, and trade. With HSN Code 32091010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Based on acrylic: Acrylic emulsion.

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Description of Goods for HSN Code 32091010

HSN Code 32091010 relates to the following description.

Description of Goods

Based on acrylic or vinyl polymers : Acrylic emulsion

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

3209 - Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers,dispersed or dissolved in an aqueous medium

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32091010 not include?

Based on acrylic: Acrylic emulsion does not include products with the following descriptions.

India’s Trade Performance — HSN Code 32091010 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

₹53 Cr

+43.51% vs FY 2023-24

0.0014% of India’s total exports

India’s Imports

FY 2024-25

₹35 Cr

+74.36% vs FY 2023-24

0.0006% of India’s total imports

Trade Balance

FY 2024-25

₹18 Cr

Trade Surplus

Surplus rank #2900 of 12657 HSN codes

% of Sub-Chapter 3209

FY 2024-25

32.54%

Share of Sub-Chapter 3209’s total exports in FY 2024-25

Import side: 5.29% of Sub-Chapter 3209’s imports

Rank Within Sub-Chapter 3209

FY 2024-25

#2 of 5

Position by export value among HSN codes in Sub-Chapter 3209

Import-side rank: #4 of 5

At a glance

10.66%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3543

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+68.24%

Peak Growth Year

FY 2021-22 · strongest single-year move

32.54%

Contribution to Sub-Ch. 3209

Share of Sub-Chapter 3209 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #3625

Balance

+10.94

Exports

28.87 ₹ Cr

0.0013% share

YoY

18.77% of Sub-Ch. 3209

Imports

17.93 ₹ Cr

0.0005% share

YoY

4.70% of Sub-Ch. 3209

FY 2019-20 Exp. Rank #3717

Balance

+16.65

Exports

27.35 ₹ Cr

0.0012% share

−5.27% YoY

21.35% of Sub-Ch. 3209

Imports

10.70 ₹ Cr

0.0003% share

−40.32% YoY

3.36% of Sub-Ch. 3209

FY 2020-21 Exp. Rank #4184

Balance

+8.42

Exports

19.93 ₹ Cr

0.0009% share

−27.13% YoY

25.83% of Sub-Ch. 3209

Imports

11.51 ₹ Cr

0.0004% share

+7.57% YoY

3.51% of Sub-Ch. 3209

FY 2021-22 Exp. Rank #3900

Balance

+19.67

Exports

33.53 ₹ Cr

0.0011% share

+68.24% YoY

35.16% of Sub-Ch. 3209

Imports

13.86 ₹ Cr

0.0003% share

+20.42% YoY

3.22% of Sub-Ch. 3209

FY 2022-23 Exp. Rank #3949

Balance

+24.12

Exports

34.98 ₹ Cr

0.0010% share

+4.32% YoY

29.73% of Sub-Ch. 3209

Imports

10.86 ₹ Cr

0.0002% share

−21.65% YoY

1.94% of Sub-Ch. 3209

FY 2023-24 Exp. Rank #3956

Balance

+16.92

Exports

36.93 ₹ Cr

0.0010% share

+5.57% YoY

30.63% of Sub-Ch. 3209

Imports

20.01 ₹ Cr

0.0004% share

+84.25% YoY

3.02% of Sub-Ch. 3209

FY 2024-25 Exp. Rank #3543

Balance

+18.11

Exports

53.00 ₹ Cr

0.0014% share

+43.51% YoY

32.54% of Sub-Ch. 3209

Imports

34.89 ₹ Cr

0.0006% share

+74.36% YoY

5.29% of Sub-Ch. 3209

CAGR · 7-Year

Exports

10.66% /yr

Imports

11.73% /yr

Consistently Surplus
Sub-Chapter 3209 total

reference, FY 2024-25

Export

₹162.86 Cr

Import

₹659.55 Cr

Trade Balance

−496.69

Peak export growth year Latest available data Not available YoY = change vs previous FY

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32091010 and GST compliance.

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.

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.