HSN Code 32100020: Water Pigments for Leather Finishing

HSN Code 32100020 represents Water Pigments for Leather Finishing under GST classification. This code helps businesses identify Water Pigments for Leather Finishing correctly for billing, taxation, and trade. With HSN Code 32100020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Water Pigments for Leather Finishing.

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Description of Goods for HSN Code 32100020

HSN Code 32100020 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 : Prepared water pigments of a kind used for finishing leather

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 32100020 not include?

Water Pigments for Leather Finishing does not include products with the following descriptions.

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

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

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

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

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

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 32100020 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

−61.59% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹4 Cr

+9.43% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

−₹4 Cr

Trade Deficit

Surplus rank #8478 of 12657 HSN codes

% of Sub-Chapter 3210

FY 2024-25

8.10%

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

Import side: 3.01% of Sub-Chapter 3210’s imports

Rank Within Sub-Chapter 3210

FY 2024-25

#4 of 7

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

Import-side rank: #3 of 7

At a glance

−7.73%

Export CAGR

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

#8716

National Export Rank

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

+51.76%

Peak Growth Year

FY 2022-23 · strongest single-year move

8.10%

Contribution to Sub-Ch. 3210

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

India Export-Import Trade Statistics for HSN Code 32100020

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 #7688

Balance

−6.84

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

1.96% of Sub-Ch. 3210

Imports

7.78 ₹ Cr

0.0002% share

YoY

5.98% of Sub-Ch. 3210

FY 2019-20 Exp. Rank #7759

Balance

−5.20

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−10.64% YoY

4.10% of Sub-Ch. 3210

Imports

6.04 ₹ Cr

0.0002% share

−22.37% YoY

5.59% of Sub-Ch. 3210

FY 2020-21 Exp. Rank #8107

Balance

−2.75

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−28.57% YoY

5.37% of Sub-Ch. 3210

Imports

3.35 ₹ Cr

0.0001% share

−44.54% YoY

3.59% of Sub-Ch. 3210

FY 2021-22 Exp. Rank #8122

Balance

−4.37

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+41.67% YoY

8.24% of Sub-Ch. 3210

Imports

5.22 ₹ Cr

0.0001% share

+55.82% YoY

5.08% of Sub-Ch. 3210

FY 2022-23 Exp. Rank #7871

Balance

−4.15

Exports

1.29 ₹ Cr

0.0000% share

+51.76% YoY

17.72% of Sub-Ch. 3210

Imports

5.44 ₹ Cr

0.0001% share

+4.21% YoY

5.09% of Sub-Ch. 3210

FY 2023-24 Exp. Rank #7854

Balance

−2.52

Exports

1.51 ₹ Cr

0.0000% share

+17.05% YoY

16.29% of Sub-Ch. 3210

Imports

4.03 ₹ Cr

0.0001% share

−25.92% YoY

2.80% of Sub-Ch. 3210

FY 2024-25 Exp. Rank #8716

Balance

−3.83

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−61.59% YoY

8.10% of Sub-Ch. 3210

Imports

4.41 ₹ Cr

0.0001% share

+9.43% YoY

3.01% of Sub-Ch. 3210

CAGR · 7-Year

Exports

−7.73% /yr

Imports

−9.03% /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 32100020 Export-Import Analysis

Export Decline: −7.73% CAGR Over 7 Years

India's exports under HSN Code 32100020 have declined at a compound annual rate of −7.73% over 7 fiscal years, falling from ₹0.94 Crore in FY 2018-19 to ₹0.58 Crore in FY 2024-25.

HSN Code 32100020 Ranked #8716 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32100020 ranks #8716 out of 12657 HSN codes by total export value. Within Sub-Chapter 3210, it ranks #4 of 7. By trade surplus, it ranks #8478 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 32100020 Exports

The strongest single-year export movement for HSN Code 32100020 was recorded in FY 2022-23, when exports surged by 51.76% over the prior year.

India Records a Trade Deficit of ₹3.83 Crore in HSN Code 32100020 Goods

In FY 2024-25, India's imports of ₹4.41 Cr exceeded exports of ₹0.58 Cr, resulting in a trade deficit of ₹3.83 Crore — ranking #8478 of 12657 by surplus magnitude.

Import Growth of −9.03% CAGR Signals Stable Import Dependency for Water Pigments for Leather Finishing

India's imports under HSN Code 32100020 have grown at −9.03% CAGR, reaching ₹4.41 Crore in FY 2024-25.

HSN Code 32100020 Contributes 8.10% of Sub-Chapter 3210 Exports — Ranked #4

Among the 7 HSN codes under Sub-Chapter 3210, HSN Code 32100020 ranks #4 by export value — accounting for 8.10% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.01% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32100020 and GST compliance.

What products are classified under HSN 32100020 ?

It includes Water Pigments for Leather Finishing

Does packaging or labelling change the GST for Water Pigments for Leather Finishing?

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 Water Pigments for Leather Finishing?

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 Water Pigments for Leather Finishing?

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 Water Pigments for Leather Finishing?

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 Water Pigments for Leather Finishing?

Under HSN 32100020, Water Pigments for Leather Finishing 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.