HSN Code 32100011: Timolol Maleate

HSN Code 32100011 represents Timolol Maleate under GST classification. This code helps businesses identify Timolol Maleate correctly for billing, taxation, and trade. With HSN Code 32100011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Timolol Maleate.

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Description of Goods for HSN Code 32100011

HSN Code 32100011 relates to the following description.

Description of Goods

Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Distempers : Dry distemper, including cement based water paints

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

3210 - Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32100011 not include?

Timolol Maleate does not include products with the following descriptions.

HSN Code 32100012

Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Distempers : Oil bound distemper

HSN Code 32100019

Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Distempers : Other

HSN Code 32100020

Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Prepared water pigments of a kind used for finishing leather

HSN Code 32100030

Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Metallic powder or flakes prepared as paints

HSN Code 32100040

Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Poly tetra fluoro ethylene (PTFE) or silicon resin based coating materials

HSN Code 32100090

Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Other

India’s Trade Performance — HSN Code 32100011 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

< ₹1 Crore

−37.89% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹1 Cr

−75.28% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7798 of 12657 HSN codes

% of Sub-Chapter 3210

FY 2024-25

8.24%

Share of Sub-Chapter 3210’s total exports in FY 2024-25

Import side: 0.90% of Sub-Chapter 3210’s imports

Rank Within Sub-Chapter 3210

FY 2024-25

#3 of 7

Position by export value among HSN codes in Sub-Chapter 3210

Import-side rank: #4 of 7

At a glance

−22.20%

Export CAGR

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

#8703

National Export Rank

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

+117.50%

Peak Growth Year

FY 2022-23 · strongest single-year move

8.24%

Contribution to Sub-Ch. 3210

Share of Sub-Chapter 3210 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 32100011

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 #6620

Balance

+2.34

Exports

2.66 ₹ Cr

0.0001% share

— YoY

5.54% of Sub-Ch. 3210

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.25% of Sub-Ch. 3210

FY 2019-20 Exp. Rank #8472

Balance

−0.21

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−86.84% YoY

1.71% of Sub-Ch. 3210

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+75.00% YoY

0.52% of Sub-Ch. 3210

FY 2020-21 Exp. Rank #8122

Balance

−3.67

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+68.57% YoY

5.28% of Sub-Ch. 3210

Imports

4.26 ₹ Cr

0.0001% share

+660.71% YoY

4.56% of Sub-Ch. 3210

FY 2021-22 Exp. Rank #8724

Balance

−7.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−32.20% YoY

3.88% of Sub-Ch. 3210

Imports

7.71 ₹ Cr

0.0002% share

+80.99% YoY

7.50% of Sub-Ch. 3210

FY 2022-23 Exp. Rank #8228

Balance

−6.64

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+117.50% YoY

11.95% of Sub-Ch. 3210

Imports

7.51 ₹ Cr

0.0001% share

−2.59% YoY

7.03% of Sub-Ch. 3210

FY 2023-24 Exp. Rank #8289

Balance

−4.35

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+9.20% YoY

10.25% of Sub-Ch. 3210

Imports

5.30 ₹ Cr

0.0001% share

−29.43% YoY

3.69% of Sub-Ch. 3210

FY 2024-25 Exp. Rank #8703

Balance

−0.72

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−37.89% YoY

8.24% of Sub-Ch. 3210

Imports

1.31 ₹ Cr

0.0000% share

−75.28% YoY

0.90% of Sub-Ch. 3210

CAGR · 7-Year

Exports

−22.20% /yr

Imports

26.48% /yr

Consistently Deficit
Sub-Chapter 3210 total

reference, FY 2024-25

Export

₹7.16 Cr

Import

₹146.36 Cr

Trade Balance

−139.20

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

Key Trade Insights: HSN Code 32100011 Export-Import Analysis

Export Decline: −22.20% CAGR Over 7 Years

India's exports under HSN Code 32100011 have declined at a compound annual rate of −22.20% over 7 fiscal years, falling from ₹2.66 Crore in FY 2018-19 to ₹0.59 Crore in FY 2024-25.

HSN Code 32100011 Ranked #8703 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32100011 ranks #8703 out of 12657 HSN codes by total export value. Within Sub-Chapter 3210, it ranks #3 of 7. By trade surplus, it ranks #7798 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 32100011 Exports

The strongest single-year export movement for HSN Code 32100011 was recorded in FY 2022-23, when exports surged by 117.50% over the prior year.

India Records a Trade Deficit of ₹0.72 Crore in HSN Code 32100011 Goods

In FY 2024-25, India's imports of ₹1.31 Cr exceeded exports of ₹0.59 Cr, resulting in a trade deficit of ₹0.72 Crore — ranking #7798 of 12657 by surplus magnitude.

Import Growth of 26.48% CAGR Signals Rising Demand for Timolol Maleate

India's imports under HSN Code 32100011 have grown at 26.48% CAGR, reaching ₹1.31 Crore in FY 2024-25.

HSN Code 32100011 Contributes 8.24% of Sub-Chapter 3210 Exports — Ranked #3

Among the 7 HSN codes under Sub-Chapter 3210, HSN Code 32100011 ranks #3 by export value — accounting for 8.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.90% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32100011 and GST compliance.

What products are classified under HSN 32100011 ?

It includes Timolol Maleate

How should mixed supplies be billed when Timolol Maleate is sold with other items?

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

Can we claim ITC on inputs used to trade Timolol Maleate?

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

Do e‑way bill and e‑invoice apply for Timolol Maleate?

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.

Does packaging or labelling change the GST for Timolol Maleate?

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.

Any common misclassification issue with Timolol Maleate?

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

How much GST applies to Timolol Maleate?

Under HSN 32100011, Timolol Maleate 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.