HSN Code 32151990: Printing Ink | Other

HSN Code 32151990 represents Printing Ink | Other under GST classification. This code helps businesses identify Printing Ink | Other correctly for billing, taxation, and trade. With HSN Code 32151990, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Printing Ink | Other.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 32151990

HSN Code 32151990 relates to the following description.

Description of Goods

Printing ink : Other : Other

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 32151990 not include?

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

India’s Trade Performance — HSN Code 32151990 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

₹958 Cr

+25.75% vs FY 2023-24

0.0260% of India’s total exports

India’s Imports

FY 2024-25

₹940 Cr

+20.20% vs FY 2023-24

0.0155% of India’s total imports

Trade Balance

FY 2024-25

₹18 Cr

Trade Surplus

Surplus rank #2900 of 12657 HSN codes

% of Sub-Chapter 3215

FY 2024-25

28.69%

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

Import side: 44.55% of Sub-Chapter 3215’s imports

Rank Within Sub-Chapter 3215

FY 2024-25

#2 of 15

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

Import-side rank: #1 of 15

At a glance

9.03%

Export CAGR

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

#547

National Export Rank

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

+28.33%

Peak Growth Year

FY 2021-22 · strongest single-year move

28.69%

Contribution to Sub-Ch. 3215

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

India Export-Import Trade Statistics for HSN Code 32151990

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 #571

Balance

−444.60

Exports

570.07 ₹ Cr

0.0249% share

— YoY

47.94% of Sub-Ch. 3215

Imports

1,014.67 ₹ Cr

0.0283% share

— YoY

55.09% of Sub-Ch. 3215

FY 2019-20 Exp. Rank #572

Balance

+3.44

Exports

576.28 ₹ Cr

0.0262% share

+1.09% YoY

46.82% of Sub-Ch. 3215

Imports

572.84 ₹ Cr

0.0171% share

−43.54% YoY

47.52% of Sub-Ch. 3215

FY 2020-21 Exp. Rank #570

Balance

+117.46

Exports

611.28 ₹ Cr

0.0284% share

+6.07% YoY

51.01% of Sub-Ch. 3215

Imports

493.82 ₹ Cr

0.0169% share

−13.79% YoY

47.66% of Sub-Ch. 3215

FY 2021-22 Exp. Rank #569

Balance

+141.77

Exports

784.43 ₹ Cr

0.0250% share

+28.33% YoY

48.42% of Sub-Ch. 3215

Imports

642.66 ₹ Cr

0.0141% share

+30.14% YoY

45.77% of Sub-Ch. 3215

FY 2022-23 Exp. Rank #588

Balance

+62.68

Exports

835.17 ₹ Cr

0.0231% share

+6.47% YoY

49.75% of Sub-Ch. 3215

Imports

772.49 ₹ Cr

0.0134% share

+20.20% YoY

45.80% of Sub-Ch. 3215

FY 2023-24 Exp. Rank #645

Balance

−20.08

Exports

761.72 ₹ Cr

0.0211% share

−8.79% YoY

8.35% of Sub-Ch. 3215

Imports

781.80 ₹ Cr

0.0139% share

+1.21% YoY

7.36% of Sub-Ch. 3215

FY 2024-25 Exp. Rank #547

Balance

+18.11

Exports

957.87 ₹ Cr

0.0260% share

+25.75% YoY

28.69% of Sub-Ch. 3215

Imports

939.76 ₹ Cr

0.0155% share

+20.20% YoY

44.55% of Sub-Ch. 3215

CAGR · 7-Year

Exports

9.03% /yr

Imports

−1.27% /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 32151990 Export-Import Analysis

Consistent Export Growth: 9.03% CAGR Over 7 Years

India's exports under HSN Code 32151990 have grown at a compound annual rate of 9.03% over 7 fiscal years, rising from ₹570.07 Crore in FY 2018-19 to ₹957.87 Crore in FY 2024-25.

HSN Code 32151990 Ranked #547 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 32151990 ranks #547 out of 12657 HSN codes by total export value. Within Sub-Chapter 3215, it ranks #2 of 15. By trade surplus, it ranks #2900 of 12657.

FY 2021-22 Was the Strongest Growth Year for HSN Code 32151990 Exports

The strongest single-year export movement for HSN Code 32151990 was recorded in FY 2021-22, when exports surged by 28.33% over the prior year.

India Maintains a Trade Surplus of ₹18.11 Crore in HSN Code 32151990 Goods

In FY 2024-25, India's exports of ₹957.87 Cr exceeded imports of ₹939.76 Cr, resulting in a trade surplus of ₹18.11 Crore — ranking #2900 of 12657 by surplus magnitude.

Import Growth of −1.27% CAGR Signals Stable Import Dependency for Printing Ink | Other

India's imports under HSN Code 32151990 have grown at −1.27% CAGR, reaching ₹939.76 Crore in FY 2024-25.

HSN Code 32151990 Contributes 28.69% of Sub-Chapter 3215 Exports — Ranked #2

Among the 15 HSN codes under Sub-Chapter 3215, HSN Code 32151990 ranks #2 by export value — accounting for 28.69% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 44.55% share (rank #1).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 32151990 and GST compliance.

What products are classified under HSN 32151990 ?

It includes Printing Ink | Other

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

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

Any common misclassification issue with Printing Ink / Other?

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

Can we claim ITC on inputs used to trade Printing Ink / Other?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

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

Under HSN 32151990, Printing Ink / Other attracts Varies when sold in taxable form. Describe the exact form on the invoice.

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.