Consistent Export Growth: 9.49% CAGR Over 7 Years
India's exports under HSN Sub-Chapter 3214 have grown at a compound annual rate of 9.49% over 7 fiscal years, rising from ₹160.97 Crore in FY 2018-19 to ₹277.37 Crore in FY 2024-25.
HSN Sub Chapter 3214 represents Putty and caulking compounds under GST classification. This code helps businesses identify Putty and caulking compounds correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 3214, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Putty and caulking compounds.
Join our guided walkthrough to see how BUSY can transform your business operations.
GST Rate for Putty and caulking compounds under HSN Code 3214. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.
Following tariff HSN codes fall under Putty and caulking compounds.
Tariff HSN
Description
Glaziers’ putty, grafting putty, resin cements,caulking compounds and other mastics;painters’ fillings
Tariff HSN
Description
Other : Non-refractory surfacing preparations
Tariff HSN
Description
Other : Resin cement
Tariff HSN
Description
Other : Other
India’s Exports
FY 2024-25₹277 Cr
0.0075% of India’s total exports
India’s Imports
FY 2024-25₹1,472 Cr
0.0241% of India’s total imports
Trade Balance
FY 2024-25−₹1,195 Cr
Surplus rank #978 of 1233 subchapters
% of Chapter 32
FY 2024-250.92%
Share of Chapter 32’s total exports in FY 2024-25
Import side: 6.06% of Chapter 32’s imports
Rank Within Chapter 32
FY 2024-25#9 of 15
Position by export value among subchapters in Chapter 32
Import-side rank: #6 of 15
At a glance
9.49%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#634
National Export Rank
of 1233 subchapters by export value, FY 2024-25
+18.22%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.92%
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
−610.50
Exports
160.97 ₹ Cr
0.0070% share
— YoY
0.70% of Ch. 32
Imports
771.47 ₹ Cr
0.0215% share
— YoY
4.99% of Ch. 32
Balance
−516.97
Exports
153.05 ₹ Cr
0.0069% share
−4.92% YoY
0.63% of Ch. 32
Imports
670.02 ₹ Cr
0.0200% share
−13.15% YoY
4.62% of Ch. 32
Balance
−468.89
Exports
163.73 ₹ Cr
0.0076% share
+6.98% YoY
0.72% of Ch. 32
Imports
632.62 ₹ Cr
0.0217% share
−5.58% YoY
4.51% of Ch. 32
Balance
−796.02
Exports
180.74 ₹ Cr
0.0058% share
+10.39% YoY
0.61% of Ch. 32
Imports
976.76 ₹ Cr
0.0214% share
+54.40% YoY
5.03% of Ch. 32
Balance
−1,092.43
Exports
213.67 ₹ Cr
0.0059% share
+18.22% YoY
0.81% of Ch. 32
Imports
1,306.10 ₹ Cr
0.0227% share
+33.72% YoY
6.37% of Ch. 32
Balance
−1,139.55
Exports
239.19 ₹ Cr
0.0066% share
+11.94% YoY
0.72% of Ch. 32
Imports
1,378.74 ₹ Cr
0.0246% share
+5.56% YoY
4.58% of Ch. 32
Balance
−1,194.76
Exports
277.37 ₹ Cr
0.0075% share
+15.96% YoY
0.92% of Ch. 32
Imports
1,472.13 ₹ Cr
0.0241% share
+6.77% YoY
6.06% of Ch. 32
CAGR · 7-Year
Exports
9.49% /yr
Imports
11.37% /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 3214 have grown at a compound annual rate of 9.49% over 7 fiscal years, rising from ₹160.97 Crore in FY 2018-19 to ₹277.37 Crore in FY 2024-25.
In FY 2024-25, HSN Sub-Chapter 3214 ranks #634 out of 1233 subchapters by total export value. Within Chapter 32, it ranks #9 of 15. By trade surplus, it ranks #978 of 1233.
The strongest single-year export movement for HSN Sub-Chapter 3214 was recorded in FY 2022-23, when exports surged by 18.22% over the prior year.
In FY 2024-25, India's imports of ₹1,472.13 Cr exceeded exports of ₹277.37 Cr, resulting in a trade deficit of ₹1,194.76 Crore — ranking #978 of 1233 by surplus magnitude.
India's imports under HSN Sub-Chapter 3214 have grown at 11.37% CAGR, reaching ₹1,472.13 Crore in FY 2024-25.
Among the 15 subchapters under Chapter 32, HSN Sub-Chapter 3214 ranks #9 by export value — accounting for 0.92% of the chapter's total exports in FY 2024-25. On the import side, it holds 6.06% share (rank #6).
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 3214 and GST compliance.
It includes Putty and caulking compounds
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.
Repair/service is a service supply (SAC). Parts and materials used are goods and may be billed separately with HSN. Mention both lines clearly to avoid mixing service and goods values.
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.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Putty and caulking compounds 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 Putty and caulking compounds 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.