---
title: "HSN Code for Paracetamol (Acetaminophen) | HSN 29242980 GST Rate"
description: "Find HSN and GST Rates for 29242980 related to Paracetamol (Acetaminophen) with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29242980/"
---

# HSN Code 29242980: Paracetamol (Acetaminophen)

- [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/)
- [Chapter 29: Organic Chemicals](https://busy.in/hsn/chapter-29/)
- [Sub-chapter 2924: Internal combustion engines](https://busy.in/hsn/sub-chapter-2924/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Amino-naphthols and other amino-phenols, other than those containing more than one kind of oxygen function, their ethers and esters; salts thereof :Other :N-methyl-para-aminophenol sulphate (motol),2, 5 dimethoxy aniline, Para acetyl aminophenol (paracetamol), Para cresidine, Picramic acid (T-grade):Para acetyl aminophenol (paracetamol) | 2.5% or 9% | 2.5% or 9% | 5% or 18% | 0% |
| GST rate condition: 5% when supplied as a drug or medicine, including as a bulk drug (active pharmaceutical ingredient, API), with its salts and esters; 18% for other uses. CBIC has not yet clarified whether bulk drugs get the 5% rate; 2026 advance rulings of the Customs Authority for Advance Rulings (CAAR), Mumbai, allowed 5% on imported APIs. Source: Notification 9/2025-Central Tax (Rate), Schedule I, S. No. 226; Schedule II, S. No. 36. |  |  |  |  |

## Tariff changes

New tariff item from 1 October 2024 (Finance (No. 2) Act, 2024), carved out of [29222933](https://busy.in/hsn/hsn-29222933/). Goods of this item were classified there before that date.

## India's trade performance: HSN Code 29242980 (FY 2025-26)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2025-26 to FY 2025-26).

- Exports: ₹731 Cr — 0.0187% of India's total exports
- Imports: ₹96 Cr — 0.0014% of India's total imports
- Trade balance: ₹635 Cr (Surplus); surplus rank #563 of 12872 HSN codes
- Share of Sub-Chapter 2924: 9.67% of its exports; import side 3.40%
- Rank within Sub-Chapter 2924: #3 of 23 by export value; import-side #5

### Key metrics

- National export rank: #795 of 12872 HSN codes by export value (FY 2025-26)
- Contribution to Sub-Ch. 2924: 9.67% of its exports (FY 2025-26)

## India export-import trade statistics: HSN Code 29242980

1-year export and import data, FY 2025-26 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2924 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2924 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2025-26 | 730.55 | 0.0187% | — | 9.67% | 95.52 | 0.0014% | — | 3.40% | +635.03 | #795 |

## Key trade insights: HSN Code 29242980 export-import analysis

### Export snapshot for HSN Code 29242980

India exported ₹730.55 Crore worth of Paracetamol (Acetaminophen) in FY 2025-26. Multi-year trend data is being compiled for this hsn code.

### HSN Code 29242980 ranked #795 among all 12872 HSN codes by export value

In FY 2025-26, HSN Code 29242980 ranks #795 out of 12872 HSN codes by total export value. Within Sub-Chapter 2924, it ranks #3 of 23. By trade surplus, it ranks #563 of 12872.

### India maintains a trade surplus of ₹635.03 Crore in HSN Code 29242980 goods

In FY 2025-26, India's exports of ₹730.55 Cr exceeded imports of ₹95.52 Cr, resulting in a trade surplus of ₹635.03 Crore — ranking #563 of 12872 by surplus magnitude.

### HSN Code 29242980 contributes 9.67% of Sub-Chapter 2924 exports — ranked #3

Among the 23 HSN codes under Sub-Chapter 2924, HSN Code 29242980 ranks #3 by export value — accounting for 9.67% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 3.40% share (rank #5).

## Related HSN Codes in Sub-Chapter 2924

Ranked by export value (FY 2025-26).

| Rank | HSN Code | Exports (FY 2025-26) |
| --- | --- | --- |
| #1 | [HSN Code 29242990: Other Cyclic Amides](https://busy.in/hsn/hsn-29242990/) | ₹3,897 Cr |
| #2 | [HSN Code 29241990: Other Acyclic Amides (Including Carbamates), Their Derivatives and Salts](https://busy.in/hsn/hsn-29241990/) | ₹2,229 Cr |
| #3 | HSN Code 29242980: Paracetamol (Acetaminophen) (this hsn code) | ₹731 Cr |
| #4 | [HSN Code 29242190: Other Ureines](https://busy.in/hsn/hsn-29242190/) | ₹326 Cr |
| #5 | [HSN Code 29242970: Pretilachlor](https://busy.in/hsn/hsn-29242970/) | ₹153 Cr |
| #6 | [HSN Code 29241910: Specified Acyclic Amides and Carbamates – Methomyl, Metolachlor & Others](https://busy.in/hsn/hsn-29241910/) | ₹99 Cr |
| #7 | [HSN Code 29241100: Meprobamate (Inn)](https://busy.in/hsn/hsn-29241100/) | ₹50 Cr |
| #8 | [HSN Code 29242960: Pyrazinamide](https://busy.in/hsn/hsn-29242960/) | ₹35 Cr |
| #9 | [HSN Code 29242140: Specified Ureines – Lufenuron, Novaluron, Metsulfuron-Methyl & Others](https://busy.in/hsn/hsn-29242140/) | ₹22 Cr |
| #10 | [HSN Code 29242120: Dimethyl Diphenyl Urea (Zentralin)](https://busy.in/hsn/hsn-29242120/) | ₹4 Cr |