---
title: "HSN Code for Stamping Foils | HSN 32121000 GST Rate"
description: "Find HSN and GST Rates for 32121000 related to Stamping Foils with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-32121000/"
---

# HSN Code 32121000: Stamping Foils

- [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 3212: Pigments, Metallic Powders, Dyes](https://busy.in/hsn/sub-chapter-3212/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Stamping foils | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 32121000 ?

It includes Stamping Foils

### How should mixed supplies be billed when Stamping Foils is sold with other items?

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

### Any common misclassification issue with Stamping Foils?

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 Stamping Foils?

Under HSN 32121000, Stamping Foils attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Stamping Foils?

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 Stamping Foils?

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.

## India's trade performance: HSN Code 32121000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹37 Cr (−11.09% YoY) — 0.0010% of India's total exports
- Imports: ₹405 Cr (+20.36% YoY) — 0.0067% of India's total imports
- Trade balance: −₹369 Cr (Deficit); surplus rank #11707 of 12657 HSN codes
- Share of Sub-Chapter 3212: 6.13% of its exports; import side 53.55%
- Rank within Sub-Chapter 3212: #4 of 5 by export value; import-side #1

### Key metrics

- Export CAGR: 12.90% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #4044 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +70.09% in FY 2021-22
- Contribution to Sub-Ch. 3212: 6.13% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 32121000

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. 3212 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3212 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 17.65 | 0.0008% | — | 2.82% | 238.72 | 0.0067% | — | 47.40% | −221.07 | #4264 |
| FY 2019-20 | 19.25 | 0.0009% | +9.07% | 2.94% | 219.30 | 0.0066% | −8.14% | 43.17% | −200.05 | #4169 |
| FY 2020-21 | 17.25 | 0.0008% | −10.39% | 3.22% | 199.76 | 0.0069% | −8.91% | 45.39% | −182.51 | #4396 |
| FY 2021-22 | 29.34 | 0.0009% | +70.09% | 3.99% | 259.13 | 0.0057% | +29.72% | 47.94% | −229.79 | #4076 |
| FY 2022-23 | 29.87 | 0.0008% | +1.81% | 3.92% | 291.73 | 0.0051% | +12.58% | 47.00% | −261.86 | #4178 |
| FY 2023-24 | 41.12 | 0.0011% | +37.66% | 5.88% | 336.72 | 0.0060% | +15.42% | 53.44% | −295.60 | #3797 |
| FY 2024-25 | 36.56 | 0.0010% | −11.09% | 6.13% | 405.27 | 0.0067% | +20.36% | 53.55% | −368.71 | #4044 |

- CAGR (7-year): exports 12.90%/yr, imports 9.22%/yr (consistently Deficit)

## Key trade insights: HSN Code 32121000 export-import analysis

### Consistent export growth: 12.90% CAGR over 7 years

India's exports under HSN Code 32121000 have grown at a compound annual rate of 12.90% over 7 fiscal years, rising from ₹17.65 Crore in FY 2018-19 to ₹36.56 Crore in FY 2024-25.

### HSN Code 32121000 ranked #4044 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 32121000 ranks #4044 out of 12657 HSN codes by total export value. Within Sub-Chapter 3212, it ranks #4 of 5. By trade surplus, it ranks #11707 of 12657.

### FY 2021-22 was the strongest growth year for HSN Code 32121000 exports

The strongest single-year export movement for HSN Code 32121000 was recorded in FY 2021-22, when exports surged by 70.09% over the prior year.

### India records a trade deficit of ₹368.71 Crore in HSN Code 32121000 goods

In FY 2024-25, India's imports of ₹405.27 Cr exceeded exports of ₹36.56 Cr, resulting in a trade deficit of ₹368.71 Crore — ranking #11707 of 12657 by surplus magnitude.

### Import growth of 9.22% CAGR signals stable import dependency for Stamping Foils

India's imports under HSN Code 32121000 have grown at 9.22% CAGR, reaching ₹405.27 Crore in FY 2024-25.

### HSN Code 32121000 contributes 6.13% of Sub-Chapter 3212 exports — ranked #4

Among the 5 HSN codes under Sub-Chapter 3212, HSN Code 32121000 ranks #4 by export value — accounting for 6.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 53.55% share (rank #1).

## Related HSN Codes in Sub-Chapter 3212

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 32129090: Pigment Dispersions, Foils, Retail Dyes/Colorants: Other](https://busy.in/hsn/hsn-32129090/) | ₹423 Cr |
| #2 | [HSN Code 32129030: Other \| Aluminium Paste](https://busy.in/hsn/hsn-32129030/) | ₹90 Cr |
| #3 | [HSN Code 32129010: Pigments in Oils/Varnishes](https://busy.in/hsn/hsn-32129010/) | ₹45 Cr |
| #4 | HSN Code 32121000: Stamping Foils (this hsn code) | ₹37 Cr |
| #5 | [HSN Code 32129020: Retail Packed Dyes/Colouring Matter](https://busy.in/hsn/hsn-32129020/) | ₹2 Cr |