HSN Code 32129020: Retail Packed Dyes/Colouring Matter

HSN Code 32129020 represents Retail Packed Dyes/Colouring Matter under GST classification. This code helps businesses identify Retail Packed Dyes/Colouring Matter correctly for billing, taxation, and trade. With HSN Code 32129020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Retail Packed Dyes/Colouring Matter.

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Description of Goods for HSN Code 32129020

HSN Code 32129020 relates to the following description.

Description of Goods

Other : Dyes and other colouring matter put up in forms or packings for retail sale

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

3212 - Pigments (including metallic powders and flakes) dispersed in non-aqueous media, in liquid or paste form, of a kind used in the manufacture of paints (including enamels); stamping foils; dyes and other colouring matter put up in forms or packings for retail sale

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32129020 not include?

Retail Packed Dyes/Colouring Matter does not include products with the following descriptions.

HSN Code 32129010

Other : Pigments in linseed oil, white spirit, spirit of turpentine, varnish and other paints or enamel media not elsewhere specified or included

India’s Trade Performance — HSN Code 32129020 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

₹2 Cr

−22.36% vs FY 2023-24

0.0001% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+92.50% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹1 Cr

Trade Surplus

Surplus rank #4467 of 12657 HSN codes

% of Sub-Chapter 3212

FY 2024-25

0.32%

Share of Sub-Chapter 3212’s total exports in FY 2024-25

Import side: 0.10% of Sub-Chapter 3212’s imports

Rank Within Sub-Chapter 3212

FY 2024-25

#5 of 5

Position by export value among HSN codes in Sub-Chapter 3212

Import-side rank: #5 of 5

At a glance

13.79%

Export CAGR

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

#7643

National Export Rank

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

+257.14%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.32%

Contribution to Sub-Ch. 3212

Share of Sub-Chapter 3212 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 32129020

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 #7740

Balance

−7.33

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.14% of Sub-Ch. 3212

Imports

8.21 ₹ Cr

0.0002% share

— YoY

1.63% of Sub-Ch. 3212

FY 2019-20 Exp. Rank #8472

Balance

−3.26

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−60.23% YoY

0.05% of Sub-Ch. 3212

Imports

3.61 ₹ Cr

0.0001% share

−56.03% YoY

0.71% of Sub-Ch. 3212

FY 2020-21 Exp. Rank #7463

Balance

−0.04

Exports

1.25 ₹ Cr

0.0001% share

+257.14% YoY

0.23% of Sub-Ch. 3212

Imports

1.29 ₹ Cr

0.0000% share

−64.27% YoY

0.29% of Sub-Ch. 3212

FY 2021-22 Exp. Rank #7996

Balance

+0.51

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−21.60% YoY

0.13% of Sub-Ch. 3212

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−63.57% YoY

0.09% of Sub-Ch. 3212

FY 2022-23 Exp. Rank #8157

Balance

−0.13

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−5.10% YoY

0.12% of Sub-Ch. 3212

Imports

1.06 ₹ Cr

0.0000% share

+125.53% YoY

0.17% of Sub-Ch. 3212

FY 2023-24 Exp. Rank #7355

Balance

+2.06

Exports

2.46 ₹ Cr

0.0001% share

+164.52% YoY

0.35% of Sub-Ch. 3212

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−62.26% YoY

0.06% of Sub-Ch. 3212

FY 2024-25 Exp. Rank #7643

Balance

+1.14

Exports

1.91 ₹ Cr

0.0001% share

−22.36% YoY

0.32% of Sub-Ch. 3212

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+92.50% YoY

0.10% of Sub-Ch. 3212

CAGR · 7-Year

Exports

13.79% /yr

Imports

−32.60% /yr

Consistently Surplus
Sub-Chapter 3212 total

reference, FY 2024-25

Export

₹596.14 Cr

Import

₹756.82 Cr

Trade Balance

−160.68

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

Key Trade Insights: HSN Code 32129020 Export-Import Analysis

Consistent Export Growth: 13.79% CAGR Over 7 Years

India's exports under HSN Code 32129020 have grown at a compound annual rate of 13.79% over 7 fiscal years, rising from ₹0.88 Crore in FY 2018-19 to ₹1.91 Crore in FY 2024-25.

HSN Code 32129020 Ranked #7643 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32129020 ranks #7643 out of 12657 HSN codes by total export value. Within Sub-Chapter 3212, it ranks #5 of 5. By trade surplus, it ranks #4467 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 32129020 Exports

The strongest single-year export movement for HSN Code 32129020 was recorded in FY 2020-21, when exports surged by 257.14% over the prior year.

India Maintains a Trade Surplus of ₹1.14 Crore in HSN Code 32129020 Goods

In FY 2024-25, India's exports of ₹1.91 Cr exceeded imports of ₹0.77 Cr, resulting in a trade surplus of ₹1.14 Crore — ranking #4467 of 12657 by surplus magnitude.

Import Growth of −32.60% CAGR Signals Stable Import Dependency for Retail Packed Dyes/Colouring Matter

India's imports under HSN Code 32129020 have grown at −32.60% CAGR, reaching ₹0.77 Crore in FY 2024-25.

HSN Code 32129020 Contributes 0.32% of Sub-Chapter 3212 Exports — Ranked #5

Among the 5 HSN codes under Sub-Chapter 3212, HSN Code 32129020 ranks #5 by export value — accounting for 0.32% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.10% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32129020 and GST compliance.

What products are classified under HSN 32129020 ?

It includes Retail Packed Dyes/Colouring Matter

How much GST applies to Retail Packed Dyes/Colouring Matter?

Under HSN 32129020, Retail Packed Dyes/Colouring Matter attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Retail Packed Dyes/Colouring Matter?

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.

How should mixed supplies be billed when Retail Packed Dyes/Colouring Matter is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Retail Packed Dyes/Colouring Matter; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Retail Packed Dyes/Colouring Matter?

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.

Can we claim ITC on inputs used to trade Retail Packed Dyes/Colouring Matter?

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.