--- title: "HSN Code for Nail Polish Or Lacquers | HSN 33049920 GST Rate" description: "Find HSN and GST Rates for 33049920 related to Nail Polish Or Lacquers with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-33049920/" --- # HSN Code 33049920: Nail Polish Or Lacquers - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 33: Essential Oils, Resinoids and Perfumery; Cosmetic or Toilet Preparations](https://busy.in/hsn/chapter-33/) - [Sub-chapter 3304: Beauty/makeup preparations & skin care](https://busy.in/hsn/sub-chapter-3304/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other : Other : Nail polish or lacquers | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 33049920 ? It includes Nail Polish Or Lacquers ### How should mixed supplies be billed when Nail Polish Or Lacquers is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Nail Polish Or Lacquers; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Nail Polish Or Lacquers? 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. ### Does packaging or labelling change the GST for Nail Polish Or Lacquers? 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. ### Any common misclassification issue with Nail Polish Or Lacquers? 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 Nail Polish Or Lacquers? If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### How much GST applies to Nail Polish Or Lacquers? Under HSN 33049920, Nail Polish Or Lacquers attracts Varies when sold in taxable form. Describe the exact form on the invoice. ## India's trade performance: HSN Code 33049920 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹13 Cr (+21.95% YoY) — 0.0003% of India's total exports - Imports: ₹21 Cr (+1.13% YoY) — 0.0003% of India's total imports - Trade balance: −₹8 Cr (Deficit); surplus rank #8906 of 12657 HSN codes - Share of Sub-Chapter 3304: 0.35% of its exports; import side 0.55% - Rank within Sub-Chapter 3304: #11 of 12 by export value; import-side #8 ### Key metrics - Export CAGR: -9.56% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5515 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +47.50% in FY 2021-22 - Contribution to Sub-Ch. 3304: 0.35% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 33049920 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. 3304 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3304 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 22.85 | 0.0010% | — | 1.87% | 7.73 | 0.0002% | — | 0.54% | +15.12 | #3920 | | FY 2019-20 | 19.67 | 0.0009% | −13.92% | 1.65% | 3.00 | 0.0001% | −61.19% | 0.19% | +16.67 | #4133 | | FY 2020-21 | 10.59 | 0.0005% | −46.16% | 0.94% | 4.56 | 0.0002% | +52.00% | 0.40% | +6.03 | #4995 | | FY 2021-22 | 15.62 | 0.0005% | +47.50% | 1.06% | 11.23 | 0.0002% | +146.27% | 0.45% | +4.39 | #4927 | | FY 2022-23 | 10.38 | 0.0003% | −33.55% | 0.34% | 16.63 | 0.0003% | +48.09% | 0.45% | −6.25 | #5586 | | FY 2023-24 | 10.25 | 0.0003% | −1.25% | 0.16% | 20.30 | 0.0004% | +22.07% | 0.22% | −10.05 | #5701 | | FY 2024-25 | 12.50 | 0.0003% | +21.95% | 0.35% | 20.53 | 0.0003% | +1.13% | 0.55% | −8.03 | #5515 | - CAGR (7-year): exports -9.56%/yr, imports 17.68%/yr (consistently Deficit) ## Key trade insights: HSN Code 33049920 export-import analysis ### Export decline: -9.56% CAGR over 7 years India's exports under HSN Code 33049920 have declined at a compound annual rate of -9.56% over 7 fiscal years, falling from ₹22.85 Crore in FY 2018-19 to ₹12.50 Crore in FY 2024-25. ### HSN Code 33049920 ranked #5515 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 33049920 ranks #5515 out of 12657 HSN codes by total export value. Within Sub-Chapter 3304, it ranks #11 of 12. By trade surplus, it ranks #8906 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 33049920 exports The strongest single-year export movement for HSN Code 33049920 was recorded in FY 2021-22, when exports surged by 47.50% over the prior year. ### India records a trade deficit of ₹8.03 Crore in HSN Code 33049920 goods In FY 2024-25, India's imports of ₹20.53 Cr exceeded exports of ₹12.50 Cr, resulting in a trade deficit of ₹8.03 Crore — ranking #8906 of 12657 by surplus magnitude. ### Import growth of 17.68% CAGR signals rising demand for Nail Polish Or Lacquers India's imports under HSN Code 33049920 have grown at 17.68% CAGR, reaching ₹20.53 Crore in FY 2024-25. ### HSN Code 33049920 contributes 0.35% of Sub-Chapter 3304 exports — ranked #11 Among the 12 HSN codes under Sub-Chapter 3304, HSN Code 33049920 ranks #11 by export value — accounting for 0.35% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.55% share (rank #8). ## Related HSN Codes in Sub-Chapter 3304 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 33049990: Other make-up preparations products](https://busy.in/hsn/hsn-33049990/) | ₹2,501 Cr | | #2 | [HSN Code 33049910: Face Creams](https://busy.in/hsn/hsn-33049910/) | ₹474 Cr | | #3 | [HSN Code 33049930: Other \| Other \| Moisturising Lotion](https://busy.in/hsn/hsn-33049930/) | ₹278 Cr | | #4 | [HSN Code 33049120: Talcum powders](https://busy.in/hsn/hsn-33049120/) | ₹99 Cr | | #5 | [HSN Code 33041000: Lip Make-Up Preparations](https://busy.in/hsn/hsn-33041000/) | ₹59 Cr | | #6 | [HSN Code 33049940: Sindur, bindi, kumk](https://busy.in/hsn/hsn-33049940/) | ₹32 Cr | | #7 | [HSN Code 33042000: Kajal preparations](https://busy.in/hsn/hsn-33042000/) | ₹28 Cr | | #8 | [HSN Code 33043000: Manicure Or Pedicure Preparations](https://busy.in/hsn/hsn-33043000/) | ₹25 Cr | | #9 | [HSN Code 33049190: Compressed powders, other](https://busy.in/hsn/hsn-33049190/) | ₹22 Cr | | #10 | [HSN Code 33049110: Face powders](https://busy.in/hsn/hsn-33049110/) | ₹13 Cr | | #11 | HSN Code 33049920: Nail Polish Or Lacquers (this hsn code) | ₹13 Cr |