HSN Code 32151120: Printing Ink | Black

HSN Code 32151120 represents Printing Ink | Black under GST classification. This code helps businesses identify Printing Ink | Black correctly for billing, taxation, and trade. With HSN Code 32151120, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Printing Ink | Black.

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Description of Goods for HSN Code 32151120

HSN Code 32151120 relates to the following description.

Description of Goods

Printing ink : Black : Newspaper ink

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

3215 - Printing ink, writing or drawing ink and other inks, whether or not concentrated or solid

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 32151120 not include?

Printing Ink | Black does not include products with the following descriptions.

India’s Trade Performance — HSN Code 32151120 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

₹25 Cr

+21.08% vs FY 2023-24

0.0007% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−84.38% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹25 Cr

Trade Surplus

Surplus rank #2677 of 12657 HSN codes

% of Sub-Chapter 3215

FY 2024-25

0.74%

Share of Sub-Chapter 3215’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 3215’s imports

Rank Within Sub-Chapter 3215

FY 2024-25

#9 of 15

Position by export value among HSN codes in Sub-Chapter 3215

Import-side rank: #13 of 15

At a glance

4.22%

Export CAGR

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

#4582

National Export Rank

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

+41.92%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.74%

Contribution to Sub-Ch. 3215

Share of Sub-Chapter 3215 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #4153

Balance

+19.30

Exports

19.32 ₹ Cr

0.0008% share

— YoY

1.62% of Sub-Ch. 3215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3215

FY 2019-20 Exp. Rank #4477

Balance

+15.27

Exports

15.28 ₹ Cr

0.0007% share

−20.91% YoY

1.24% of Sub-Ch. 3215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−50.00% YoY

0.00% of Sub-Ch. 3215

FY 2020-21 Exp. Rank #4963

Balance

+10.84

Exports

10.84 ₹ Cr

0.0005% share

−29.06% YoY

0.90% of Sub-Ch. 3215

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 3215

FY 2021-22 Exp. Rank #5031

Balance

+14.20

Exports

14.20 ₹ Cr

0.0005% share

+31.00% YoY

0.88% of Sub-Ch. 3215

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3215

FY 2022-23 Exp. Rank #5128

Balance

+14.38

Exports

14.41 ₹ Cr

0.0004% share

+1.48% YoY

0.86% of Sub-Ch. 3215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 3215

FY 2023-24 Exp. Rank #4749

Balance

+20.13

Exports

20.45 ₹ Cr

0.0006% share

+41.92% YoY

0.22% of Sub-Ch. 3215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+966.67% YoY

0.00% of Sub-Ch. 3215

FY 2024-25 Exp. Rank #4582

Balance

+24.71

Exports

24.76 ₹ Cr

0.0007% share

+21.08% YoY

0.74% of Sub-Ch. 3215

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−84.38% YoY

0.00% of Sub-Ch. 3215

CAGR · 7-Year

Exports

4.22% /yr

Imports

16.50% /yr

Consistently Surplus
Sub-Chapter 3215 total

reference, FY 2024-25

Export

₹3,338.23 Cr

Import

₹2,109.51 Cr

Trade Balance

+1,228.72

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32151120 and GST compliance.

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.

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.