Export Decline: −9.10% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3202 have declined at a compound annual rate of −9.10% over 7 fiscal years, falling from ₹507.62 Crore in FY 2018-19 to ₹286.44 Crore in FY 2024-25.
HSN Sub Chapter 3202 represents Synthetic tanning substances under GST classification. This code helps businesses identify Synthetic tanning substances correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3202, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Synthetic tanning substances.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Synthetic tanning substances under HSN Code 3202. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Synthetic tanning substances.
Tariff HSN
Description
Synthetic organic tanning substances
Tariff HSN
Description
Other : Inorganic tanning substances
Tariff HSN
Description
Other : Tanning preparations, whether or not containing natural tanning substances
Tariff HSN
Description
Other : Enzymatic preparations for pre-tanning
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹286 Cr
0.0077% of India’s total exports
India’s Imports
FY 2024-25₹126 Cr
0.0021% of India’s total imports
Trade Balance
FY 2024-25₹160 Cr
Surplus rank #351 of 1233 subchapters
% of Chapter 32
FY 2024-250.95%
Share of Chapter 32’s total exports in FY 2024-25
Import side: 0.52% of Chapter 32’s imports
Rank Within Chapter 32
FY 2024-25#8 of 15
Position by export value among subchapters in Chapter 32
Import-side rank: #11 of 15
At a glance
−9.10%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#630
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+11.88%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.95%
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
+303.50
Exports
507.62 ₹ Cr
0.0221% share
— YoY
2.20% of Ch. 32
Imports
204.12 ₹ Cr
0.0057% share
— YoY
1.32% of Ch. 32
Balance
+282.74
Exports
452.98 ₹ Cr
0.0205% share
−10.76% YoY
1.86% of Ch. 32
Imports
170.24 ₹ Cr
0.0051% share
−16.60% YoY
1.17% of Ch. 32
Balance
+232.59
Exports
346.59 ₹ Cr
0.0161% share
−23.49% YoY
1.53% of Ch. 32
Imports
114.00 ₹ Cr
0.0039% share
−33.04% YoY
0.81% of Ch. 32
Balance
+148.33
Exports
313.32 ₹ Cr
0.0100% share
−9.60% YoY
1.06% of Ch. 32
Imports
164.99 ₹ Cr
0.0036% share
+44.73% YoY
0.85% of Ch. 32
Balance
+130.25
Exports
280.46 ₹ Cr
0.0077% share
−10.49% YoY
1.06% of Ch. 32
Imports
150.21 ₹ Cr
0.0026% share
−8.96% YoY
0.73% of Ch. 32
Balance
+173.86
Exports
313.78 ₹ Cr
0.0087% share
+11.88% YoY
0.95% of Ch. 32
Imports
139.92 ₹ Cr
0.0025% share
−6.85% YoY
0.46% of Ch. 32
Balance
+160.44
Exports
286.44 ₹ Cr
0.0077% share
−8.71% YoY
0.95% of Ch. 32
Imports
126.00 ₹ Cr
0.0021% share
−9.95% YoY
0.52% of Ch. 32
CAGR · 7-Year
Exports
−9.10% /yr
Imports
−7.73% /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 3202 have declined at a compound annual rate of −9.10% over 7 fiscal years, falling from ₹507.62 Crore in FY 2018-19 to ₹286.44 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3202 ranks #630 out of 1233 subchapters by total export value. Within Chapter 32, it ranks #8 of 15. By trade surplus, it ranks #351 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3202 was recorded in FY 2023-24, when exports surged by 11.88% over the prior year.
In FY 2024-25, India's exports of ₹286.44 Cr exceeded imports of ₹126.00 Cr, resulting in a trade surplus of ₹160.44 Crore — ranking #351 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3202 have grown at −7.73% CAGR, reaching ₹126.00 Crore in FY 2024-25.
Among the 15 subchapters under Chapter 32, HSN Sub-Chapter 3202 ranks #8 by export value — accounting for 0.95% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.52% share (rank #11).
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 3202 and GST compliance.
It includes Synthetic tanning substances
Use a delivery challan for sending Synthetic tanning substances 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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Synthetic tanning substances are forward charge. Check the current notifications for any special cases before deciding.
Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.
If your outward supply of Synthetic tanning substances is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.