--- title: "HSN Code for Printing Ink | Black | HSN 32151120 GST Rate" description: "Find HSN and GST Rates for 32151120 related to Printing Ink | Black with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-32151120/" --- # HSN Code 32151120: Printing Ink | Black - [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 3215: Printing Ink, Writing Or Drawing Ink](https://busy.in/hsn/sub-chapter-3215/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Printing ink : Black : Newspaper ink | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 32151120 ? It includes Printing Ink | Black ### Do e‑way bill and e‑invoice apply for Printing Ink / Black? 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 Printing Ink / Black is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Printing Ink / Black; Nil for exempt items if applicable). ### How much GST applies to Printing Ink / Black? Under HSN 32151120, Printing Ink / Black attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Can we claim ITC on inputs used to trade Printing Ink / Black? 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 Printing Ink / Black? 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 Printing Ink / Black? 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. ## India's trade performance: HSN Code 32151120 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹25 Cr (+21.08% YoY) — 0.0007% of India's total exports - Imports: < ₹1 Crore (−84.38% YoY) — 0.0000% of India's total imports - Trade balance: ₹25 Cr (Surplus); surplus rank #2677 of 12657 HSN codes - Share of Sub-Chapter 3215: 0.74% of its exports; import side 0.00% - Rank within Sub-Chapter 3215: #9 of 15 by export value; import-side #13 ### Key metrics - Export CAGR: 4.22% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #4582 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +41.92% in FY 2023-24 - Contribution to Sub-Ch. 3215: 0.74% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 32151120 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. 3215 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3215 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 19.32 | 0.0008% | — | 1.62% | < ₹1 Crore | 0.0000% | — | 0.00% | +19.30 | #4153 | | FY 2019-20 | 15.28 | 0.0007% | −20.91% | 1.24% | < ₹1 Crore | 0.0000% | −50.00% | 0.00% | +15.27 | #4477 | | FY 2020-21 | 10.84 | 0.0005% | −29.06% | 0.90% | Nil | 0.0000% | −100.00% | 0.00% | +10.84 | #4963 | | FY 2021-22 | 14.20 | 0.0005% | +31.00% | 0.88% | Nil | 0.0000% | — | 0.00% | +14.20 | #5031 | | FY 2022-23 | 14.41 | 0.0004% | +1.48% | 0.86% | < ₹1 Crore | 0.0000% | — | 0.00% | +14.38 | #5128 | | FY 2023-24 | 20.45 | 0.0006% | +41.92% | 0.22% | < ₹1 Crore | 0.0000% | +966.67% | 0.00% | +20.13 | #4749 | | FY 2024-25 | 24.76 | 0.0007% | +21.08% | 0.74% | < ₹1 Crore | 0.0000% | −84.38% | 0.00% | +24.71 | #4582 | - CAGR (7-year): exports 4.22%/yr, imports 16.50%/yr (consistently Surplus) ## Key trade insights: HSN Code 32151120 export-import analysis ### Consistent export growth: 4.22% CAGR over 7 years India's exports under HSN Code 32151120 have grown at a compound annual rate of 4.22% over 7 fiscal years, rising from ₹19.32 Crore in FY 2018-19 to ₹24.76 Crore in FY 2024-25. ### HSN Code 32151120 ranked #4582 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 32151120 ranks #4582 out of 12657 HSN codes by total export value. Within Sub-Chapter 3215, it ranks #9 of 15. By trade surplus, it ranks #2677 of 12657. ### FY 2023-24 was the strongest growth year for HSN Code 32151120 exports The strongest single-year export movement for HSN Code 32151120 was recorded in FY 2023-24, when exports surged by 41.92% over the prior year. ### India maintains a trade surplus of ₹24.71 Crore in HSN Code 32151120 goods In FY 2024-25, India's exports of ₹24.76 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹24.71 Crore — ranking #2677 of 12657 by surplus magnitude. ### Import growth of 16.50% CAGR signals rising demand for Printing Ink | Black India's imports under HSN Code 32151120 have grown at 16.50% CAGR, reaching ₹0.05 Crore in FY 2024-25. ### HSN Code 32151120 contributes 0.74% of Sub-Chapter 3215 exports — ranked #9 Among the 15 HSN codes under Sub-Chapter 3215, HSN Code 32151120 ranks #9 by export value — accounting for 0.74% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #13). ## Related HSN Codes in Sub-Chapter 3215 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 32159090: Inks (printing, writing, drawing, other), concentrated/solid: Other.](https://busy.in/hsn/hsn-32159090/) | ₹1,213 Cr | | #2 | [HSN Code 32151990: Printing Ink \| Other](https://busy.in/hsn/hsn-32151990/) | ₹958 Cr | | #3 | [HSN Code 32151910: Lithographic Ink and Jelly](https://busy.in/hsn/hsn-32151910/) | ₹657 Cr | | #4 | [HSN Code 32151110: Printing ink : Black : Lithographic ink and jelly](https://busy.in/hsn/hsn-32151110/) | ₹170 Cr | | #5 | [HSN Code 32151190: Printing Ink \| Other](https://busy.in/hsn/hsn-32151190/) | ₹158 Cr | | #6 | [HSN Code 32159020: Other: Ball pen ink](https://busy.in/hsn/hsn-32159020/) | ₹69 Cr | | #7 | [HSN Code 32151920: Printing Ink \| Other](https://busy.in/hsn/hsn-32151920/) | ₹41 Cr | | #8 | [HSN Code 32151940: Printing Ink\| Screen Printing](https://busy.in/hsn/hsn-32151940/) | ₹26 Cr | | #9 | HSN Code 32151120: Printing Ink \| Black (this hsn code) | ₹25 Cr | | #10 | [HSN Code 32159030: Other \| Indelible Ink](https://busy.in/hsn/hsn-32159030/) | ₹8 Cr |