HSN Code 32099090 represents Aqueous polymer-based paints, varnishes | Other. under GST classification. This code helps businesses identify Aqueous polymer-based paints, varnishes | Other. correctly for billing, taxation, and trade. With HSN Code 32099090, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Aqueous polymer-based paints, varnishes | Other..
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HSN Code 32099090 relates to the following description.
Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter;paints and varnishes; putty and other mastics; inks
Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers,dispersed or dissolved in an aqueous medium
Other : Other
9%
9%
18%
0%
Description of Goods
Other : Other
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%
Aqueous polymer-based paints, varnishes | Other. does not include products with the following descriptions.
Based on acrylic or vinyl polymers : Acrylic emulsion
Based on acrylic or vinyl polymers : Other
Other : Dispersion paints
Other : Emulsion paints not elsewhere specified or included
India’s Exports
FY 2024-25₹50 Cr
0.0014% of India’s total exports
India’s Imports
FY 2024-25₹313 Cr
0.0052% of India’s total imports
Trade Balance
FY 2024-25−₹264 Cr
Surplus rank #11519 of 12657 HSN codes
% of Sub-Chapter 3209
FY 2024-2530.57%
Share of Sub-Chapter 3209’s total exports in FY 2024-25
Import side: 47.52% of Sub-Chapter 3209’s imports
Rank Within Sub-Chapter 3209
FY 2024-25#3 of 5
Position by export value among HSN codes in Sub-Chapter 3209
Import-side rank: #1 of 5
At a glance
−10.55%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3632
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+51.41%
Peak Growth Year
FY 2022-23 · strongest single-year move
30.57%
Contribution to Sub-Ch. 3209
Share of Sub-Chapter 3209 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−133.95
Exports
97.22 ₹ Cr
0.0043% share
— YoY
63.22% of Sub-Ch. 3209
Imports
231.17 ₹ Cr
0.0064% share
— YoY
60.55% of Sub-Ch. 3209
Balance
−130.82
Exports
30.67 ₹ Cr
0.0014% share
−68.45% YoY
23.94% of Sub-Ch. 3209
Imports
161.49 ₹ Cr
0.0048% share
−30.14% YoY
50.73% of Sub-Ch. 3209
Balance
−134.19
Exports
25.02 ₹ Cr
0.0012% share
−18.42% YoY
32.43% of Sub-Ch. 3209
Imports
159.21 ₹ Cr
0.0055% share
−1.41% YoY
48.52% of Sub-Ch. 3209
Balance
−178.00
Exports
31.90 ₹ Cr
0.0010% share
+27.50% YoY
33.45% of Sub-Ch. 3209
Imports
209.90 ₹ Cr
0.0046% share
+31.84% YoY
48.82% of Sub-Ch. 3209
Balance
−256.70
Exports
48.30 ₹ Cr
0.0013% share
+51.41% YoY
41.05% of Sub-Ch. 3209
Imports
305.00 ₹ Cr
0.0053% share
+45.31% YoY
54.50% of Sub-Ch. 3209
Balance
−316.42
Exports
43.74 ₹ Cr
0.0012% share
−9.44% YoY
36.28% of Sub-Ch. 3209
Imports
360.16 ₹ Cr
0.0064% share
+18.09% YoY
54.31% of Sub-Ch. 3209
Balance
−263.66
Exports
49.79 ₹ Cr
0.0014% share
+13.83% YoY
30.57% of Sub-Ch. 3209
Imports
313.45 ₹ Cr
0.0052% share
−12.97% YoY
47.52% of Sub-Ch. 3209
CAGR · 7-Year
Exports
−10.55% /yr
Imports
5.21% /yr
reference, FY 2024-25
Export
₹162.86 Cr
Import
₹659.55 Cr
Trade Balance
−496.69
India's exports under HSN Code 32099090 have declined at a compound annual rate of −10.55% over 7 fiscal years, falling from ₹97.22 Crore in FY 2018-19 to ₹49.79 Crore in FY 2024-25.
In FY 2024-25, HSN Code 32099090 ranks #3632 out of 12657 HSN codes by total export value. Within Sub-Chapter 3209, it ranks #3 of 5. By trade surplus, it ranks #11519 of 12657.
The strongest single-year export movement for HSN Code 32099090 was recorded in FY 2022-23, when exports surged by 51.41% over the prior year.
In FY 2024-25, India's imports of ₹313.45 Cr exceeded exports of ₹49.79 Cr, resulting in a trade deficit of ₹263.66 Crore — ranking #11519 of 12657 by surplus magnitude.
India's imports under HSN Code 32099090 have grown at 5.21% CAGR, reaching ₹313.45 Crore in FY 2024-25.
Among the 5 HSN codes under Sub-Chapter 3209, HSN Code 32099090 ranks #3 by export value — accounting for 30.57% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 47.52% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 32099090 and GST compliance.
It includes Aqueous polymer-based paints, varnishes | Other.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Aqueous polymer-based paints, varnishes / Other.; Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Under HSN 32099090, Aqueous polymer-based paints, varnishes / Other. attracts Varies when sold in taxable form. Describe the exact form on the invoice.