HSN Code 29411040: Cloxacillin and Its Salts

HSN Code 29411040 represents Cloxacillin and Its Salts under GST classification. This code helps businesses identify Cloxacillin and Its Salts correctly for billing, taxation, and trade. With HSN Code 29411040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Cloxacillin and Its Salts.

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Description of Goods for HSN Code 29411040

HSN Code 29411040 relates to the following description.

Description of Goods

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

Chapter

29 - Organic chemicals

Sub Chapter

2941 - Antibiotics

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29411040 not include?

Cloxacillin and Its Salts does not include products with the following descriptions.

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

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

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

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

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

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

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

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

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

India’s Trade Performance — HSN Code 29411040 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹194 Cr

−8.67% vs FY 2023-24

0.0053% of India’s total exports

India’s Imports

FY 2024-25

₹5 Cr

−13.90% vs FY 2023-24

0.0001% of India’s total imports

Trade Balance

FY 2024-25

₹189 Cr

Trade Surplus

Surplus rank #1184 of 12657 HSN codes

% of Sub-Chapter 2941

FY 2024-25

2.18%

Share of Sub-Chapter 2941’s total exports in FY 2024-25

Import side: 0.03% of Sub-Chapter 2941’s imports

Rank Within Sub-Chapter 2941

FY 2024-25

#7 of 24

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

Import-side rank: #21 of 24

At a glance

4.85%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#1878

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+44.40%

Peak Growth Year

FY 2022-23 · strongest single-year move

2.18%

Contribution to Sub-Ch. 2941

Share of Sub-Chapter 2941 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29411040

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

FY 2018-19 Exp. Rank #1613

Balance

+142.39

Exports

146.13 ₹ Cr

0.0064% share

YoY

2.38% of Sub-Ch. 2941

Imports

3.74 ₹ Cr

0.0001% share

YoY

0.04% of Sub-Ch. 2941

FY 2019-20 Exp. Rank #1843

Balance

+114.75

Exports

116.65 ₹ Cr

0.0053% share

−20.17% YoY

1.95% of Sub-Ch. 2941

Imports

1.90 ₹ Cr

0.0001% share

−49.20% YoY

0.02% of Sub-Ch. 2941

FY 2020-21 Exp. Rank #1751

Balance

+135.68

Exports

136.80 ₹ Cr

0.0064% share

+17.27% YoY

1.99% of Sub-Ch. 2941

Imports

1.12 ₹ Cr

0.0000% share

−41.05% YoY

0.01% of Sub-Ch. 2941

FY 2021-22 Exp. Rank #2157

Balance

+120.37

Exports

123.17 ₹ Cr

0.0039% share

−9.96% YoY

2.11% of Sub-Ch. 2941

Imports

2.80 ₹ Cr

0.0001% share

+150.00% YoY

0.02% of Sub-Ch. 2941

FY 2022-23 Exp. Rank #1850

Balance

+176.10

Exports

177.86 ₹ Cr

0.0049% share

+44.40% YoY

2.33% of Sub-Ch. 2941

Imports

1.76 ₹ Cr

0.0000% share

−37.14% YoY

0.01% of Sub-Ch. 2941

FY 2023-24 Exp. Rank #1722

Balance

+207.09

Exports

212.63 ₹ Cr

0.0059% share

+19.55% YoY

2.45% of Sub-Ch. 2941

Imports

5.54 ₹ Cr

0.0001% share

+214.77% YoY

0.03% of Sub-Ch. 2941

FY 2024-25 Exp. Rank #1878

Balance

+189.43

Exports

194.20 ₹ Cr

0.0053% share

−8.67% YoY

2.18% of Sub-Ch. 2941

Imports

4.77 ₹ Cr

0.0001% share

−13.90% YoY

0.03% of Sub-Ch. 2941

CAGR · 7-Year

Exports

4.85% /yr

Imports

4.14% /yr

Consistently Surplus
Sub-Chapter 2941 total

reference, FY 2024-25

Export

₹8,911.10 Cr

Import

₹16,863.86 Cr

Trade Balance

−7,952.76

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

Key Trade Insights: HSN Code 29411040 Export-Import Analysis

Consistent Export Growth: 4.85% CAGR Over 7 Years

India's exports under HSN Code 29411040 have grown at a compound annual rate of 4.85% over 7 fiscal years, rising from ₹146.13 Crore in FY 2018-19 to ₹194.20 Crore in FY 2024-25.

HSN Code 29411040 Ranked #1878 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29411040 ranks #1878 out of 12657 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #7 of 24. By trade surplus, it ranks #1184 of 12657.

FY 2022-23 Was the Strongest Growth Year for HSN Code 29411040 Exports

The strongest single-year export movement for HSN Code 29411040 was recorded in FY 2022-23, when exports surged by 44.40% over the prior year.

India Maintains a Trade Surplus of ₹189.43 Crore in HSN Code 29411040 Goods

In FY 2024-25, India's exports of ₹194.20 Cr exceeded imports of ₹4.77 Cr, resulting in a trade surplus of ₹189.43 Crore — ranking #1184 of 12657 by surplus magnitude.

Import Growth of 4.14% CAGR Signals Stable Import Dependency for Cloxacillin and Its Salts

India's imports under HSN Code 29411040 have grown at 4.14% CAGR, reaching ₹4.77 Crore in FY 2024-25.

HSN Code 29411040 Contributes 2.18% of Sub-Chapter 2941 Exports — Ranked #7

Among the 24 HSN codes under Sub-Chapter 2941, HSN Code 29411040 ranks #7 by export value — accounting for 2.18% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.03% share (rank #21).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29411040 and GST compliance.

What products are classified under HSN 29411040 ?

It includes Cloxacillin and Its Salts

Any common misclassification issue with Cloxacillin and Its 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 Cloxacillin and Its 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 Cloxacillin and Its Salts?

Under HSN 29411040, Cloxacillin and Its Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Cloxacillin and Its 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.

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

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

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.