Consistent Export Growth: 9.34% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3201 have grown at a compound annual rate of 9.34% over 7 fiscal years, rising from ₹38.03 Crore in FY 2018-19 to ₹64.97 Crore in FY 2024-25.
HSN Sub Chapter 3201 represents Tannins & extracts under GST classification. This code helps businesses identify Tannins & extracts correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3201, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Tannins & extracts.
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GST Rate for Tannins & extracts under HSN Code 3201. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Tannins & extracts.
Tariff HSN
Description
Quebracho extract
Tariff HSN
Description
Wattle extract
Tariff HSN
Description
Other : Gambier extracts
Tariff HSN
Description
Other : Myrobalan fruit extract
Tariff HSN
Description
Other : Gallotannic acid (tannin, digallic acid)
Tariff HSN
Description
Other : Other ( chestnut extract )
India’s Exports
FY 2024-25₹65 Cr
0.0018% of India’s total exports
India’s Imports
FY 2024-25₹703 Cr
0.0115% of India’s total imports
Trade Balance
FY 2024-25−₹638 Cr
Surplus rank #899 of 1233 subchapters
% of Chapter 32
FY 2024-250.22%
Share of Chapter 32’s total exports in FY 2024-25
Import side: 2.89% of Chapter 32’s imports
Rank Within Chapter 32
FY 2024-25#14 of 15
Position by export value among subchapters in Chapter 32
Import-side rank: #8 of 15
At a glance
9.34%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#879
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+46.90%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.22%
Contribution to Ch. 32
Share of Chapter 32 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−567.01
Exports
38.03 ₹ Cr
0.0017% share
— YoY
0.16% of Ch. 32
Imports
605.04 ₹ Cr
0.0168% share
— YoY
3.91% of Ch. 32
Balance
−475.16
Exports
27.32 ₹ Cr
0.0012% share
−28.16% YoY
0.11% of Ch. 32
Imports
502.48 ₹ Cr
0.0150% share
−16.95% YoY
3.46% of Ch. 32
Balance
−433.81
Exports
25.52 ₹ Cr
0.0012% share
−6.59% YoY
0.11% of Ch. 32
Imports
459.33 ₹ Cr
0.0158% share
−8.59% YoY
3.27% of Ch. 32
Balance
−522.21
Exports
33.26 ₹ Cr
0.0011% share
+30.33% YoY
0.11% of Ch. 32
Imports
555.47 ₹ Cr
0.0122% share
+20.93% YoY
2.86% of Ch. 32
Balance
−573.36
Exports
48.86 ₹ Cr
0.0013% share
+46.90% YoY
0.18% of Ch. 32
Imports
622.22 ₹ Cr
0.0108% share
+12.02% YoY
3.04% of Ch. 32
Balance
−605.11
Exports
55.12 ₹ Cr
0.0015% share
+12.81% YoY
0.17% of Ch. 32
Imports
660.23 ₹ Cr
0.0118% share
+6.11% YoY
2.19% of Ch. 32
Balance
−637.55
Exports
64.97 ₹ Cr
0.0018% share
+17.87% YoY
0.22% of Ch. 32
Imports
702.52 ₹ Cr
0.0115% share
+6.41% YoY
2.89% of Ch. 32
CAGR · 7-Year
Exports
9.34% /yr
Imports
2.52% /yr
reference, FY 2024-25
Export
₹30,116.87 Cr
Import
₹24,289.56 Cr
Trade Balance
+5,827.31
India's exports under HSN Sub-Chapter 3201 have grown at a compound annual rate of 9.34% over 7 fiscal years, rising from ₹38.03 Crore in FY 2018-19 to ₹64.97 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3201 ranks #879 out of 1233 subchapters by total export value. Within Chapter 32, it ranks #14 of 15. By trade surplus, it ranks #899 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3201 was recorded in FY 2022-23, when exports surged by 46.90% over the prior year.
In FY 2024-25, India's imports of ₹702.52 Cr exceeded exports of ₹64.97 Cr, resulting in a trade deficit of ₹637.55 Crore — ranking #899 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3201 have grown at 2.52% CAGR, reaching ₹702.52 Crore in FY 2024-25.
Among the 15 subchapters under Chapter 32, HSN Sub-Chapter 3201 ranks #14 by export value — accounting for 0.22% of the chapter's total exports in FY 2024-25. On the import side, it holds 2.89% share (rank #8).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Sub Chapter 3201 and GST compliance.
It includes Tannins & extracts
If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.
Ensure registration requirements are met and reconcile the operator’s TCS statements with your GSTR‑2B/3B. Map SKU descriptions to HSN to reduce mismatches and returns.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Tannins & extracts is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
Use a delivery challan for sending Tannins & extracts to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Using a broad or incorrect HSN, ignoring material/form (e.g., raw vs processed), or mixing goods and services on one line. Always match wording to the HSN Notes and keep a classification working paper.