HSN Code 32151940: Printing Ink| Screen Printing

HSN Code 32151940 represents Printing Ink| Screen Printing under GST classification. This code helps businesses identify Printing Ink| Screen Printing correctly for billing, taxation, and trade. With HSN Code 32151940, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Printing Ink| Screen Printing.

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Description of Goods for HSN Code 32151940

HSN Code 32151940 relates to the following description.

Description of Goods

Printing ink : Other : Screen printing 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 32151940 not include?

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

India’s Trade Performance — HSN Code 32151940 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

₹26 Cr

+17.41% vs FY 2023-24

0.0007% of India’s total exports

India’s Imports

FY 2024-25

₹84 Cr

+14.55% vs FY 2023-24

0.0014% of India’s total imports

Trade Balance

FY 2024-25

−₹58 Cr

Trade Deficit

Surplus rank #10353 of 12657 HSN codes

% of Sub-Chapter 3215

FY 2024-25

0.79%

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

Import side: 3.99% of Sub-Chapter 3215’s imports

Rank Within Sub-Chapter 3215

FY 2024-25

#8 of 15

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

Import-side rank: #4 of 15

At a glance

8.54%

Export CAGR

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

#4501

National Export Rank

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

+41.33%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.79%

Contribution to Sub-Ch. 3215

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

India Export-Import Trade Statistics for HSN Code 32151940

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 #4371

Balance

−28.74

Exports

16.13 ₹ Cr

0.0007% share

YoY

1.36% of Sub-Ch. 3215

Imports

44.87 ₹ Cr

0.0013% share

YoY

2.44% of Sub-Ch. 3215

FY 2019-20 Exp. Rank #4502

Balance

−28.70

Exports

14.96 ₹ Cr

0.0007% share

−7.25% YoY

1.22% of Sub-Ch. 3215

Imports

43.66 ₹ Cr

0.0013% share

−2.70% YoY

3.62% of Sub-Ch. 3215

FY 2020-21 Exp. Rank #4612

Balance

−41.30

Exports

14.59 ₹ Cr

0.0007% share

−2.47% YoY

1.22% of Sub-Ch. 3215

Imports

55.89 ₹ Cr

0.0019% share

+28.01% YoY

5.39% of Sub-Ch. 3215

FY 2021-22 Exp. Rank #4557

Balance

−45.96

Exports

20.62 ₹ Cr

0.0007% share

+41.33% YoY

1.27% of Sub-Ch. 3215

Imports

66.58 ₹ Cr

0.0015% share

+19.13% YoY

4.74% of Sub-Ch. 3215

FY 2022-23 Exp. Rank #4680

Balance

−43.55

Exports

19.83 ₹ Cr

0.0005% share

−3.83% YoY

1.18% of Sub-Ch. 3215

Imports

63.38 ₹ Cr

0.0011% share

−4.81% YoY

3.76% of Sub-Ch. 3215

FY 2023-24 Exp. Rank #4605

Balance

−51.09

Exports

22.46 ₹ Cr

0.0006% share

+13.26% YoY

0.25% of Sub-Ch. 3215

Imports

73.55 ₹ Cr

0.0013% share

+16.05% YoY

0.69% of Sub-Ch. 3215

FY 2024-25 Exp. Rank #4501

Balance

−57.88

Exports

26.37 ₹ Cr

0.0007% share

+17.41% YoY

0.79% of Sub-Ch. 3215

Imports

84.25 ₹ Cr

0.0014% share

+14.55% YoY

3.99% of Sub-Ch. 3215

CAGR · 7-Year

Exports

8.54% /yr

Imports

11.07% /yr

Consistently Deficit
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 32151940 Export-Import Analysis

Consistent Export Growth: 8.54% CAGR Over 7 Years

India's exports under HSN Code 32151940 have grown at a compound annual rate of 8.54% over 7 fiscal years, rising from ₹16.13 Crore in FY 2018-19 to ₹26.37 Crore in FY 2024-25.

HSN Code 32151940 Ranked #4501 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32151940 ranks #4501 out of 12657 HSN codes by total export value. Within Sub-Chapter 3215, it ranks #8 of 15. By trade surplus, it ranks #10353 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 32151940 Exports

The strongest single-year export movement for HSN Code 32151940 was recorded in FY 2021-22, when exports surged by 41.33% over the prior year.

India Records a Trade Deficit of ₹57.88 Crore in HSN Code 32151940 Goods

In FY 2024-25, India's imports of ₹84.25 Cr exceeded exports of ₹26.37 Cr, resulting in a trade deficit of ₹57.88 Crore — ranking #10353 of 12657 by surplus magnitude.

Import Growth of 11.07% CAGR Signals Rising Demand for Printing Ink| Screen Printing

India's imports under HSN Code 32151940 have grown at 11.07% CAGR, reaching ₹84.25 Crore in FY 2024-25.

HSN Code 32151940 Contributes 0.79% of Sub-Chapter 3215 Exports — Ranked #8

Among the 15 HSN codes under Sub-Chapter 3215, HSN Code 32151940 ranks #8 by export value — accounting for 0.79% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 3.99% share (rank #4).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 32151940 and GST compliance.

What products are classified under HSN 32151940 ?

It includes Printing Ink| Screen Printing

Does packaging or labelling change the GST for Printing Ink/ Screen Printing?

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 Printing Ink/ Screen Printing?

Under HSN 32151940, Printing Ink/ Screen Printing 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/ Screen Printing?

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/ Screen Printing?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

How should mixed supplies be billed when Printing Ink/ Screen Printing is sold with other items?

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

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.