HSN Code 29371200: Insulin and Salts

HSN Code 29371200 represents Insulin and Salts under GST classification. This code helps businesses identify Insulin and Salts correctly for billing, taxation, and trade. With HSN Code 29371200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Insulin and Salts.

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Description of Goods for Insulin and Salts

HSN Code 29371200 relates to the following description:

Chapter Number Chapter Name Sub Chapter Number Sub Chapter Name Description of Goods CGST
(%)
SGST
(%)
IGST
(%)
CESS
(%)
29 Organic chemicals 2937 Hormones, prostaglandins, thromboxanes and leukotrienes, natural or reproduced by synthesis; derivatives and structural analogues thereof, including chain modified polypeptides, used primarily as hormones Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Insulin and its salts 9% 9% 18% 0%

Description of goods

Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Insulin and its salts

Chapter

29 – Organic chemicals

Sub Chapter

2937 – Hormones, prostaglandins, thromboxanes and leukotrienes, natural or reproduced by synthesis; derivatives and structural analogues thereof, including chain modified polypeptides, used primarily as hormones

CGST 9%
SGST 9%
IGST 18%
CESS 0%

What does HSN Code 29371200 not include?

Insulin and Salts does not include products with the following descriptions:

HSN Code Description
Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Somatotropin, its derivatives and structural analogues
Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Other
Steroidal hormones, their derivatives and structural analogues :Cortisone, hydrocortisone, prednisone, (dehydrocortisone) and prednisolone (dehydrohydrocortisone)
Steroidal hormones, their derivatives and structural analogues :Halogenated derivatives of corticosteroidal harmones
Steroidal hormones, their derivatives and structural analogues :Oestrogens and progestogens
Steroidal hormones, their derivatives and structural analogues :Other
Epinephrine
Prostaglandins,thromboxanes, leukotrienes, their derivatives and structural analogues
Other:Catecholamine hormones,their derivatives and structural analogues:Epinethrine
Other:Catecholamine hormones,their derivatives and structural analogues:Other
Other: Amino-acid derivatives
Other:Other

Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Somatotropin, its derivatives and structural analogues

Polypeptide hormones, protein hormones and glycoprotein hormones, their dervatives and structural analogues :Other

Steroidal hormones, their derivatives and structural analogues :Cortisone, hydrocortisone, prednisone, (dehydrocortisone) and prednisolone (dehydrohydrocortisone)

Steroidal hormones, their derivatives and structural analogues :Halogenated derivatives of corticosteroidal harmones

Steroidal hormones, their derivatives and structural analogues :Oestrogens and progestogens

Steroidal hormones, their derivatives and structural analogues :Other

Prostaglandins,thromboxanes, leukotrienes, their derivatives and structural analogues

Other:Catecholamine hormones,their derivatives and structural analogues:Epinethrine

Other:Catecholamine hormones,their derivatives and structural analogues:Other

Other: Amino-acid derivatives

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FAQs for HSN Code 29371200

What products are classified under HSN 29371200 ?

It includes Insulin and Salts

Can we claim ITC on inputs used to trade Insulin and Salts?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How much GST applies to Insulin and Salts?

Under HSN 29371200, Insulin and Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Insulin and Salts?

e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.

How should mixed supplies be billed when Insulin and Salts is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Insulin and Salts; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Insulin and Salts?

For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.

Any common misclassification issue with Insulin and Salts?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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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