---
title: "HSN Code for Cortisone/Hydrocortisone/Prednisone/Prednisolone | HSN 29400000 GST Rate"
description: "Find HSN and GST Rates for 29400000 related to Cortisone/Hydrocortisone/Prednisone/Prednisolone with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-29400000/"
---

# HSN Code 29400000: Cortisone/Hydrocortisone/Prednisone/Prednisolone

- [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 2940: Pure sugars excluding common types](https://busy.in/hsn/sub-chapter-2940/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Sugars, chemically pure, other than sucrose actose, maltose, glucose and fructose; sugar ethers, sugar acetals and sugar esters and their salts, other than products of headings 2937, 2938 or 2939 | 9% | 9% | 18% | 0% |

## Frequently asked questions

### What products are classified under HSN 29400000 ?

It includes Cortisone/Hydrocortisone/Prednisone/Prednisolone

### Do e‑way bill and e‑invoice apply for Cortisone/Hydrocortisone/Prednisone/Prednisolone?

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.

### Any common misclassification issue with Cortisone/Hydrocortisone/Prednisone/Prednisolone?

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

### Does packaging or labelling change the GST for Cortisone/Hydrocortisone/Prednisone/Prednisolone?

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.

### How should mixed supplies be billed when Cortisone/Hydrocortisone/Prednisone/Prednisolone is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cortisone/Hydrocortisone/Prednisone/Prednisolone; Nil for exempt items if applicable).

### Can we claim ITC on inputs used to trade Cortisone/Hydrocortisone/Prednisone/Prednisolone?

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 Cortisone/Hydrocortisone/Prednisone/Prednisolone?

Under HSN 29400000, Cortisone/Hydrocortisone/Prednisone/Prednisolone attracts Varies when sold in taxable form. Describe the exact form on the invoice.

## India's trade performance: HSN Code 29400000 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹210 Cr (−32.13% YoY) — 0.0057% of India's total exports
- Imports: ₹498 Cr (+33.03% YoY) — 0.0082% of India's total imports
- Trade balance: −₹288 Cr (Deficit); surplus rank #11565 of 12657 HSN codes
- Share of Sub-Chapter 2940: 100.00% of its exports; import side 100.00%
- Rank within Sub-Chapter 2940: #1 of 1 by export value; import-side #1

### Key metrics

- Export CAGR: 16.79% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1787 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +72.78% in FY 2020-21
- Contribution to Sub-Ch. 2940: 100.00% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 29400000

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

| FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2940 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2940 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 82.60 | 0.0036% | — | 100.00% | 193.78 | 0.0054% | — | 100.00% | −111.18 | #2243 |
| FY 2019-20 | 87.58 | 0.0040% | +6.03% | 100.00% | 189.96 | 0.0057% | −1.97% | 100.00% | −102.38 | #2165 |
| FY 2020-21 | 151.32 | 0.0070% | +72.78% | 100.00% | 233.75 | 0.0080% | +23.05% | 100.00% | −82.43 | #1645 |
| FY 2021-22 | 187.18 | 0.0060% | +23.70% | 100.00% | 684.17 | 0.0150% | +192.69% | 100.00% | −496.99 | #1716 |
| FY 2022-23 | 315.13 | 0.0087% | +68.36% | 100.00% | 384.58 | 0.0067% | −43.79% | 100.00% | −69.45 | #1287 |
| FY 2023-24 | 308.79 | 0.0085% | −2.01% | 100.00% | 374.38 | 0.0067% | −2.65% | 100.00% | −65.59 | #1363 |
| FY 2024-25 | 209.57 | 0.0057% | −32.13% | 100.00% | 498.03 | 0.0082% | +33.03% | 100.00% | −288.46 | #1787 |

- CAGR (7-year): exports 16.79%/yr, imports 17.04%/yr (consistently Deficit)

## Key trade insights: HSN Code 29400000 export-import analysis

### Consistent export growth: 16.79% CAGR over 7 years

India's exports under HSN Code 29400000 have grown at a compound annual rate of 16.79% over 7 fiscal years, rising from ₹82.60 Crore in FY 2018-19 to ₹209.57 Crore in FY 2024-25.

### HSN Code 29400000 ranked #1787 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 29400000 ranks #1787 out of 12657 HSN codes by total export value. Within Sub-Chapter 2940, it ranks #1 of 1. By trade surplus, it ranks #11565 of 12657.

### FY 2020-21 was the strongest growth year for HSN Code 29400000 exports

The strongest single-year export movement for HSN Code 29400000 was recorded in FY 2020-21, when exports surged by 72.78% over the prior year.

### India records a trade deficit of ₹288.46 Crore in HSN Code 29400000 goods

In FY 2024-25, India's imports of ₹498.03 Cr exceeded exports of ₹209.57 Cr, resulting in a trade deficit of ₹288.46 Crore — ranking #11565 of 12657 by surplus magnitude.

### Import growth of 17.04% CAGR signals rising demand for Cortisone/Hydrocortisone/Prednisone/Prednisolone

India's imports under HSN Code 29400000 have grown at 17.04% CAGR, reaching ₹498.03 Crore in FY 2024-25.

### HSN Code 29400000 contributes 100.00% of Sub-Chapter 2940 exports — ranked #1

Among the 1 HSN codes under Sub-Chapter 2940, HSN Code 29400000 ranks #1 by export value — accounting for 100.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 100.00% share (rank #1).

## Related HSN Codes in Sub-Chapter 2940

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | HSN Code 29400000: Cortisone/Hydrocortisone/Prednisone/Prednisolone (this hsn code) | ₹210 Cr |