--- title: "HSN Code for Pigment Dispersions, Foils, Retail Dyes/Colorants: Other | HSN 32129090 GST Rate" description: "Find HSN and GST Rates for 32129090 related to Pigment Dispersions, Foils, Retail Dyes/Colorants: Other with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-32129090/" --- # HSN Code 32129090: Pigment Dispersions, Foils, Retail Dyes/Colorants: Other - [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 | | --- | --- | --- | --- | --- | | Other : Other | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 32129090 ? It includes Pigment Dispersions, Foils, Retail Dyes/Colorants: Other ### How should mixed supplies be billed when Pigment Dispersions, Foils, Retail Dyes/Colorants: Other is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Pigment Dispersions, Foils, Retail Dyes/Colorants: Other; Nil for exempt items if applicable). ### Can we claim ITC on inputs used to trade Pigment Dispersions, Foils, Retail Dyes/Colorants: Other? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Any common misclassification issue with Pigment Dispersions, Foils, Retail Dyes/Colorants: Other? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### Does packaging or labelling change the GST for Pigment Dispersions, Foils, Retail Dyes/Colorants: Other? 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. ### How much GST applies to Pigment Dispersions, Foils, Retail Dyes/Colorants: Other? Under HSN 32129090, Pigment Dispersions, Foils, Retail Dyes/Colorants: Other attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 32129090 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹423 Cr (−19.80% YoY) — 0.0115% of India's total exports - Imports: ₹222 Cr (+19.17% YoY) — 0.0037% of India's total imports - Trade balance: ₹201 Cr (Surplus); surplus rank #1150 of 12657 HSN codes - Share of Sub-Chapter 3212: 70.88% of its exports; import side 29.32% - Rank within Sub-Chapter 3212: #1 of 5 by export value; import-side #2 ### Key metrics - Export CAGR: -4.08% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1142 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +37.31% in FY 2021-22 - Contribution to Sub-Ch. 3212: 70.88% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 32129090 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 | 542.71 | 0.0238% | — | 86.75% | 144.17 | 0.0040% | — | 28.62% | +398.54 | #603 | | FY 2019-20 | 557.86 | 0.0253% | +2.79% | 85.12% | 183.00 | 0.0055% | +26.93% | 36.02% | +374.86 | #584 | | FY 2020-21 | 438.08 | 0.0204% | −21.47% | 81.89% | 136.07 | 0.0047% | −25.64% | 30.92% | +302.01 | #766 | | FY 2021-22 | 601.52 | 0.0192% | +37.31% | 81.71% | 156.40 | 0.0034% | +14.94% | 28.93% | +445.12 | #731 | | FY 2022-23 | 604.85 | 0.0167% | +0.55% | 79.43% | 223.78 | 0.0039% | +43.08% | 36.05% | +381.07 | #787 | | FY 2023-24 | 526.91 | 0.0146% | −12.89% | 75.34% | 186.19 | 0.0033% | −16.80% | 29.55% | +340.72 | #918 | | FY 2024-25 | 422.57 | 0.0115% | −19.80% | 70.88% | 221.88 | 0.0037% | +19.17% | 29.32% | +200.69 | #1142 | - CAGR (7-year): exports -4.08%/yr, imports 7.45%/yr (consistently Surplus) ## Key trade insights: HSN Code 32129090 export-import analysis ### Export decline: -4.08% CAGR over 7 years India's exports under HSN Code 32129090 have declined at a compound annual rate of -4.08% over 7 fiscal years, falling from ₹542.71 Crore in FY 2018-19 to ₹422.57 Crore in FY 2024-25. ### HSN Code 32129090 ranked #1142 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 32129090 ranks #1142 out of 12657 HSN codes by total export value. Within Sub-Chapter 3212, it ranks #1 of 5. By trade surplus, it ranks #1150 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 32129090 exports The strongest single-year export movement for HSN Code 32129090 was recorded in FY 2021-22, when exports surged by 37.31% over the prior year. ### India maintains a trade surplus of ₹200.69 Crore in HSN Code 32129090 goods In FY 2024-25, India's exports of ₹422.57 Cr exceeded imports of ₹221.88 Cr, resulting in a trade surplus of ₹200.69 Crore — ranking #1150 of 12657 by surplus magnitude. ### Import growth of 7.45% CAGR signals stable import dependency for Pigment Dispersions, Foils, Retail Dyes/Colorants: Other India's imports under HSN Code 32129090 have grown at 7.45% CAGR, reaching ₹221.88 Crore in FY 2024-25. ### HSN Code 32129090 contributes 70.88% of Sub-Chapter 3212 exports — ranked #1 Among the 5 HSN codes under Sub-Chapter 3212, HSN Code 32129090 ranks #1 by export value — accounting for 70.88% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 29.32% share (rank #2). ## 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 (this hsn code) | ₹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](https://busy.in/hsn/hsn-32121000/) | ₹37 Cr | | #5 | [HSN Code 32129020: Retail Packed Dyes/Colouring Matter](https://busy.in/hsn/hsn-32129020/) | ₹2 Cr |