Export Decline: −27.18% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3210 have declined at a compound annual rate of −27.18% over 7 fiscal years, falling from ₹48.01 Crore in FY 2018-19 to ₹7.16 Crore in FY 2024-25.
HSN Sub Chapter 3210 represents Paints & Varnishes under GST classification. This code helps businesses identify Paints & Varnishes correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3210, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Paints & Varnishes.
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GST Rate for Paints & Varnishes under HSN Code 3210. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Paints & Varnishes.
Tariff HSN
Description
Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Distempers : Dry distemper, including cement based water paints
Tariff HSN
Description
Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Distempers : Oil bound distemper
Tariff HSN
Description
Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Distempers : Other
Tariff HSN
Description
Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Prepared water pigments of a kind used for finishing leather
Tariff HSN
Description
Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Metallic powder or flakes prepared as paints
Tariff HSN
Description
Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Poly tetra fluoro ethylene (PTFE) or silicon resin based coating materials
Tariff HSN
Description
Other paints and varnishes (including enamels,lacquers and distempers); prepared water pigments of a kind used for finishing leather : Other
India’s Exports
FY 2024-25₹7 Cr
0.0002% of India’s total exports
India’s Imports
FY 2024-25₹146 Cr
0.0024% of India’s total imports
Trade Balance
FY 2024-25−₹139 Cr
Surplus rank #748 of 1233 subchapters
% of Chapter 32
FY 2024-250.02%
Share of Chapter 32’s total exports in FY 2024-25
Import side: 0.60% of Chapter 32’s imports
Rank Within Chapter 32
FY 2024-25#15 of 15
Position by export value among subchapters in Chapter 32
Import-side rank: #10 of 15
At a glance
−27.18%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1066
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+27.34%
Peak Growth Year
FY 2023-24 · strongest single-year move
0.02%
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
−82.20
Exports
48.01 ₹ Cr
0.0021% share
— YoY
0.21% of Ch. 32
Imports
130.21 ₹ Cr
0.0036% share
— YoY
0.84% of Ch. 32
Balance
−87.47
Exports
20.49 ₹ Cr
0.0009% share
−57.32% YoY
0.08% of Ch. 32
Imports
107.96 ₹ Cr
0.0032% share
−17.09% YoY
0.74% of Ch. 32
Balance
−82.18
Exports
11.17 ₹ Cr
0.0005% share
−45.49% YoY
0.05% of Ch. 32
Imports
93.35 ₹ Cr
0.0032% share
−13.53% YoY
0.67% of Ch. 32
Balance
−92.52
Exports
10.32 ₹ Cr
0.0003% share
−7.61% YoY
0.04% of Ch. 32
Imports
102.84 ₹ Cr
0.0023% share
+10.17% YoY
0.53% of Ch. 32
Balance
−99.51
Exports
7.28 ₹ Cr
0.0002% share
−29.46% YoY
0.03% of Ch. 32
Imports
106.79 ₹ Cr
0.0019% share
+3.84% YoY
0.52% of Ch. 32
Balance
−134.51
Exports
9.27 ₹ Cr
0.0003% share
+27.34% YoY
0.03% of Ch. 32
Imports
143.78 ₹ Cr
0.0026% share
+34.64% YoY
0.48% of Ch. 32
Balance
−139.20
Exports
7.16 ₹ Cr
0.0002% share
−22.76% YoY
0.02% of Ch. 32
Imports
146.36 ₹ Cr
0.0024% share
+1.79% YoY
0.60% of Ch. 32
CAGR · 7-Year
Exports
−27.18% /yr
Imports
1.97% /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 3210 have declined at a compound annual rate of −27.18% over 7 fiscal years, falling from ₹48.01 Crore in FY 2018-19 to ₹7.16 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3210 ranks #1066 out of 1233 subchapters by total export value. Within Chapter 32, it ranks #15 of 15. By trade surplus, it ranks #748 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3210 was recorded in FY 2023-24, when exports surged by 27.34% over the prior year.
In FY 2024-25, India's imports of ₹146.36 Cr exceeded exports of ₹7.16 Cr, resulting in a trade deficit of ₹139.20 Crore — ranking #748 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3210 have grown at 1.97% CAGR, reaching ₹146.36 Crore in FY 2024-25.
Among the 15 subchapters under Chapter 32, HSN Sub-Chapter 3210 ranks #15 by export value — accounting for 0.02% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.60% share (rank #10).
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 3210 and GST compliance.
It includes Paints & Varnishes
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.
Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Paints & Varnishes are forward charge. Check the current notifications for any special cases before deciding.
The composition scheme is optional for eligible small suppliers of goods. You cannot issue tax invoices or collect tax under composition. Check turnover limits and exclusions; evaluate margins and ITC loss before opting in.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Paints & Varnishes 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.
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.
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.