3208 HSN Code: Synthetic polymer paints & varnishes

HSN Sub Chapter 3208 represents Synthetic polymer paints & varnishes under GST classification. This code helps businesses identify Synthetic polymer paints & varnishes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3208, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Synthetic polymer paints & varnishes.

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New GST Rate for HSN Code 3208

GST Rate for Synthetic polymer paints & varnishes under HSN Code 3208. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

32

HSN Code

3208

HSN Description

Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers,dispersed or dissolved in a non-aqueous medium; solutions as defined in note 4 to this chapter

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 3208

Following tariff HSN codes fall under Synthetic polymer paints & varnishes.

Tariff HSN

32081010

Description

Based on polyesters : Enamels

Tariff HSN

32081020

Description

Based on polyesters : Lacquers

Tariff HSN

32081030

Description

Based on polyesters : Varnishes

Tariff HSN

32081090

Description

Based on polyesters : Other

Tariff HSN

32082010

Description

Based on acrylic or vinyl polymers : Enamels

Tariff HSN

32082020

Description

Based on acrylic or vinyl polymers : Lacquers

Tariff HSN

32082030

Description

Based on acrylic or vinyl polymers : Varnishes

Tariff HSN

32082090

Description

Based on acrylic or vinyl polymers : Other

Tariff HSN

32089011

Description

Other : Based on cellulose nitrate or other cellulose derivatives : Nitrocellulose lacquers

Tariff HSN

32089019

Description

Other : Based on cellulose nitrate or other cellulose derivatives : Other

Tariff HSN

32089021

Description

Other : Enamels : Synthetic enamel, ultra white paints

Tariff HSN

32089022

Description

Other : Enamels : Synthetic enamel, other colours

Tariff HSN

32089029

Description

Other : Enamels : Other

Tariff HSN

32089030

Description

Other : Lacquers

Tariff HSN

32089041

Description

Other : Varnishes : Insulating varnish

Tariff HSN

32089049

Description

Other : Varnishes : Other

Tariff HSN

32089050

Description

Other : Slip agents

Tariff HSN

32089090

Description

Other : Other

India’s Trade Performance — HSN Sub-Chapter 3208 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

₹841 Cr

+7.73% vs FY 2023-24

0.0227% of India’s total exports

India’s Imports

FY 2024-25

₹2,527 Cr

+9.57% vs FY 2023-24

0.0414% of India’s total imports

Trade Balance

FY 2024-25

−₹1,686 Cr

Trade Deficit

Surplus rank #1012 of 1233 subchapters

% of Chapter 32

FY 2024-25

2.79%

Share of Chapter 32’s total exports in FY 2024-25

Import side: 10.40% of Chapter 32’s imports

Rank Within Chapter 32

FY 2024-25

#4 of 15

Position by export value among subchapters in Chapter 32

Import-side rank: #3 of 15

At a glance

12.21%

Export CAGR

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

#416

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+25.02%

Peak Growth Year

FY 2021-22 · strongest single-year move

2.79%

Contribution to Ch. 32

Share of Chapter 32 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 3208

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 #452

Balance

−1,123.15

Exports

421.11 ₹ Cr

0.0183% share

— YoY

1.82% of Ch. 32

Imports

1,544.26 ₹ Cr

0.0430% share

— YoY

9.99% of Ch. 32

FY 2019-20 Exp. Rank #441

Balance

−1,100.99

Exports

434.13 ₹ Cr

0.0197% share

+3.09% YoY

1.78% of Ch. 32

Imports

1,535.12 ₹ Cr

0.0458% share

−0.59% YoY

10.57% of Ch. 32

FY 2020-21 Exp. Rank #448

Balance

−1,018.27

Exports

456.26 ₹ Cr

0.0212% share

+5.10% YoY

2.01% of Ch. 32

Imports

1,474.53 ₹ Cr

0.0506% share

−3.95% YoY

10.51% of Ch. 32

FY 2021-22 Exp. Rank #450

Balance

−1,262.57

Exports

570.41 ₹ Cr

0.0182% share

+25.02% YoY

1.93% of Ch. 32

Imports

1,832.98 ₹ Cr

0.0401% share

+24.31% YoY

9.43% of Ch. 32

FY 2022-23 Exp. Rank #448

Balance

−1,589.58

Exports

657.65 ₹ Cr

0.0182% share

+15.29% YoY

2.48% of Ch. 32

Imports

2,247.23 ₹ Cr

0.0391% share

+22.60% YoY

10.97% of Ch. 32

FY 2023-24 Exp. Rank #423

Balance

−1,525.61

Exports

780.27 ₹ Cr

0.0216% share

+18.65% YoY

2.36% of Ch. 32

Imports

2,305.88 ₹ Cr

0.0411% share

+2.61% YoY

7.66% of Ch. 32

FY 2024-25 Exp. Rank #416

Balance

−1,686.05

Exports

840.56 ₹ Cr

0.0227% share

+7.73% YoY

2.79% of Ch. 32

Imports

2,526.61 ₹ Cr

0.0414% share

+9.57% YoY

10.40% of Ch. 32

CAGR · 7-Year

Exports

12.21% /yr

Imports

8.55% /yr

Consistently Deficit
Chapter 32 total

reference, FY 2024-25

Export

₹30,116.87 Cr

Import

₹24,289.56 Cr

Trade Balance

+5,827.31

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 3208 Export-Import Analysis

Consistent Export Growth: 12.21% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 3208 have grown at a compound annual rate of 12.21% over 7 fiscal years, rising from ₹421.11 Crore in FY 2018-19 to ₹840.56 Crore in FY 2024-25.

HSN Sub-Chapter 3208 Ranked #416 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 3208 ranks #416 out of 1233 subchapters by total export value. Within Chapter 32, it ranks #4 of 15. By trade surplus, it ranks #1012 of 1233.

FY 2021-22 Was the Strongest Growth Year for HSN Sub-Chapter 3208 Exports

The strongest single-year export movement for HSN Sub-Chapter 3208 was recorded in FY 2021-22, when exports surged by 25.02% over the prior year.

India Records a Trade Deficit of ₹1,686.05 Crore in HSN Sub-Chapter 3208 Goods

In FY 2024-25, India's imports of ₹2,526.61 Cr exceeded exports of ₹840.56 Cr, resulting in a trade deficit of ₹1,686.05 Crore — ranking #1012 of 1233 by surplus magnitude.

Import Growth of 8.55% CAGR Signals Stable Import Dependency for Synthetic polymer paints & varnishes

India's imports under HSN Sub-Chapter 3208 have grown at 8.55% CAGR, reaching ₹2,526.61 Crore in FY 2024-25.

HSN Sub-Chapter 3208 Contributes 2.79% of Chapter 32 Exports — Ranked #4

Among the 15 subchapters under Chapter 32, HSN Sub-Chapter 3208 ranks #4 by export value — accounting for 2.79% of the chapter's total exports in FY 2024-25. On the import side, it holds 10.40% share (rank #3).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 3208 and GST compliance.

What products are classified under HSN 3208

It includes Synthetic polymer paints & varnishes

Does MRP, weight or pack size change GST treatment for Synthetic polymer paints & varnishes?

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.

How are warranty replacements of Synthetic polymer paints & varnishes handled?

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.

How do I bill a kit or combo that includes Synthetic polymer paints & varnishes?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

What should my invoice and records include for Synthetic polymer paints & varnishes?

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.

Any special steps when selling Synthetic polymer paints & varnishes through an e‑commerce platform?

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.

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.

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