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HSN Code 29411010: Penicillins and Their Salts

HSN Code 29411010 represents Penicillins and Their Salts under GST classification. This code helps businesses identify Penicillins and Their Salts correctly for billing, taxation, and trade. With HSN Code 29411010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Penicillins and Their Salts.

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Description of Goods for HSN Code 29411010

HSN Code 29411010 relates to the following description.

Description of Goods

Penicillins and their derivative with a penicillanic acid structure; salts thereof : Penicillins and its salts ( e.g. procaine penicillin, penicillin G-potassium)

Chapter

29 - Organic chemicals

Sub Chapter

2941 - Antibiotics

CGST

2.5% or 9%

SGST

2.5% or 9%

IGST

5% or 18%

CESS

0%

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.

What does HSN Code 29411010 not include?

Penicillins and Their Salts does not include products with the following descriptions.

HSN Code 29411020

Penicillins and their derivative with a penicillanic acid structure; salts thereof : Ampicilline and its salts

HSN Code 29411030

Penicillins and their derivative with a penicillanic acid structure; salts thereof : Amoxycilline and its salts

HSN Code 29411040

Penicillins and their derivative with a penicillanic acid structure; salts thereof : Cioxacilline and its salts

HSN Code 29411050

Penicillins and their derivative with a penicillanic acid structure; salts thereof : 6-APA

HSN Code 29411090

Penicillins and their derivative with a penicillanic acid structure; salts thereof : Other

HSN Code 29412010

Penicillins and their derivative with a penicillanic acid structure; salts thereof :Streptomycins and their derivatives; salts thereof : Streptomycin

HSN Code 29412090

Penicillins and their derivative with a penicillanic acid structure; salts thereof : Other

HSN Code 29413010

Tetracyclines and their derivatives, salts thereof : Doxycycline and its salts

HSN Code 29413020

Tetracyclines and their derivatives, salts thereof :Tetracycline/oxytetra-cycline and their salts

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India’s Trade Performance — HSN Code 29411010 in FY 2025-26

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2025-26 Values in ₹ Crore

India’s Exports

FY 2025-26

₹1 Cr

+480.95% vs FY 2024-25

0.0000% of India’s total exports

India’s Imports

FY 2025-26

₹963 Cr

−50.97% vs FY 2024-25

0.0140% of India’s total imports

Trade Balance

FY 2025-26

−₹961 Cr

Trade Deficit

Surplus rank #12301 of 12872 HSN codes

% of Sub-Chapter 2941

FY 2025-26

0.02%

Share of Sub-Chapter 2941’s total exports in FY 2025-26

Import side: 5.84% of Sub-Chapter 2941’s imports

Rank Within Sub-Chapter 2941

FY 2025-26

#17 of 25

Position by export value among HSN codes in Sub-Chapter 2941

Import-side rank: #4 of 25

At a glance

15.68%

Export CAGR

FY 2018-19 → FY 2025-26 · 8 fiscal years

#8232

National Export Rank

of 12872 HSN codes by export value, FY 2025-26

+1,445.28%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.02%

Contribution to Sub-Ch. 2941

Share of Sub-Chapter 2941 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 29411010

8-year export and import data, FY 2018-19 to FY 2025-26, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #8277

Balance

−1,145.08

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.01% of Sub-Ch. 2941

Imports

1,145.52 ₹ Cr

0.0320% share

— YoY

11.28% of Sub-Ch. 2941

FY 2019-20 Exp. Rank #8013

Balance

−706.81

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+43.18% YoY

0.01% of Sub-Ch. 2941

Imports

707.44 ₹ Cr

0.0211% share

−38.24% YoY

7.51% of Sub-Ch. 2941

FY 2020-21 Exp. Rank #9183

Balance

−934.38

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−82.54% YoY

0.00% of Sub-Ch. 2941

Imports

934.49 ₹ Cr

0.0321% share

+32.09% YoY

8.53% of Sub-Ch. 2941

FY 2021-22 Exp. Rank #8529

Balance

−1,030.88

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+381.82% YoY

0.01% of Sub-Ch. 2941

Imports

1,031.41 ₹ Cr

0.0226% share

+10.37% YoY

8.27% of Sub-Ch. 2941

FY 2022-23 Exp. Rank #5885

Balance

−1,705.01

Exports

8.19 ₹ Cr

0.0002% share

+1,445.28% YoY

0.11% of Sub-Ch. 2941

Imports

1,713.20 ₹ Cr

0.0298% share

+66.10% YoY

12.90% of Sub-Ch. 2941

FY 2023-24 Exp. Rank #6022

Balance

−2,058.22

Exports

7.89 ₹ Cr

0.0002% share

−3.66% YoY

0.09% of Sub-Ch. 2941

Imports

2,066.11 ₹ Cr

0.0368% share

+20.60% YoY

12.54% of Sub-Ch. 2941

FY 2024-25 Exp. Rank #9395

Balance

−1,962.69

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−97.34% YoY

0.00% of Sub-Ch. 2941

Imports

1,962.90 ₹ Cr

0.0323% share

−5.00% YoY

11.64% of Sub-Ch. 2941

FY 2025-26 Exp. Rank #8232

Balance

−961.28

Exports

1.22 ₹ Cr

0.0000% share

+480.95% YoY

0.02% of Sub-Ch. 2941

Imports

962.50 ₹ Cr

0.0140% share

−50.97% YoY

5.84% of Sub-Ch. 2941

CAGR · 8-Year

Exports

15.68% /yr

Imports

−2.46% /yr

Consistently Deficit
Sub-Chapter 2941 total

reference, FY 2025-26

Export

₹8,080.76 Cr

Import

₹16,490.88 Cr

Trade Balance

−8,410.12

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29411010 Export-Import Analysis

Consistent Export Growth: 15.68% CAGR Over 8 Years

India's exports under HSN Code 29411010 have grown at a compound annual rate of 15.68% over 8 fiscal years, rising from ₹0.44 Crore in FY 2018-19 to ₹1.22 Crore in FY 2025-26.

HSN Code 29411010 Ranked #8232 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29411010 ranks #8232 out of 12872 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #17 of 25. By trade surplus, it ranks #12301 of 12872.

FY 2022-23 Was the Strongest Growth Year for HSN Code 29411010 Exports

The strongest single-year export movement for HSN Code 29411010 was recorded in FY 2022-23, when exports surged by 1,445.28% over the prior year.

India Records a Trade Deficit of ₹961.28 Crore in HSN Code 29411010 Goods

In FY 2025-26, India's imports of ₹962.50 Cr exceeded exports of ₹1.22 Cr, resulting in a trade deficit of ₹961.28 Crore — ranking #12301 of 12872 by surplus magnitude.

Import Growth of −2.46% CAGR Signals Stable Import Dependency for Penicillins and Their Salts

India's imports under HSN Code 29411010 have grown at −2.46% CAGR, reaching ₹962.50 Crore in FY 2025-26.

HSN Code 29411010 Contributes 0.02% of Sub-Chapter 2941 Exports — Ranked #17

Among the 25 HSN codes under Sub-Chapter 2941, HSN Code 29411010 ranks #17 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 5.84% share (rank #4).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29411010 and GST compliance.

What products are classified under HSN 29411010 ?

It includes Penicillins and Their Salts

How much GST applies to Penicillins and Their Salts?

Under HSN 29411010, Penicillins and Their Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Any common misclassification issue with Penicillins and Their Salts?

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

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

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

Do e‑way bill and e‑invoice apply for Penicillins and Their 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.

Does packaging or labelling change the GST for Penicillins and Their 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.

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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.