HSN Code 29412010: Streptomycin
HSN Code 29412010 represents Streptomycin under GST classification. This code helps businesses identify Streptomycin correctly for billing, taxation, and trade. With HSN Code 29412010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Streptomycin.
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Description of Goods for HSN Code 29412010
HSN Code 29412010 relates to the following description.
What does HSN Code 29412010 not include?
Streptomycin 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 : Cioxacilline 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 : Other
Tetracyclines and their derivatives, salts thereof : Doxycycline and its salts
Tetracyclines and their derivatives, salts thereof :Tetracycline/oxytetra-cycline and their salts
Tetracyclines and their derivatives, salts thereof :Other
Chloramphenicol and its derivatives; salts thereof
Erythromycin and its derivatives; salts thereof
Other : Rifampicin and its salts :Rifampicin
Other : Rifampicin and its salts : 3 Formyl Rifa S V(Rifa int)
Other : Rifampicin and its salts :Rifa S or Rifa S Sodium (Rifaint)
Other : Rifampicin and its salts :1-Amino-4-Methyl piperazine (Rifaint)
Other : Rifampicin and its salts : Other
Other : Cephalexin and its salts
Other : Ciprofloxacine and its salts
Other : Gentamycin and its salts
Other : Neomycin
Other : Norfloxacin and its salts
Other : Other
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 : Cioxacilline 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 : Other
Tetracyclines and their derivatives, salts thereof : Doxycycline and its salts
Tetracyclines and their derivatives, salts thereof :Tetracycline/oxytetra-cycline and their salts
Tetracyclines and their derivatives, salts thereof :Other
Chloramphenicol and its derivatives; salts thereof
Erythromycin and its derivatives; salts thereof
Other : Rifampicin and its salts :Rifampicin
Other : Rifampicin and its salts : 3 Formyl Rifa S V(Rifa int)
Other : Rifampicin and its salts :Rifa S or Rifa S Sodium (Rifaint)
Other : Rifampicin and its salts :1-Amino-4-Methyl piperazine (Rifaint)
Other : Rifampicin and its salts : Other
Other : Cephalexin and its salts
Other : Ciprofloxacine and its salts
Other : Gentamycin and its salts
Other : Neomycin
Other : Norfloxacin and its salts
Other : Other
India’s Trade Performance — HSN Code 29412010 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹39 Cr
0.0006% of India’s total imports
Trade Balance
FY 2024-25−₹39 Cr
Surplus rank #10057 of 12657 HSN codes
% of Sub-Chapter 2941
FY 2024-250.00%
Share of Sub-Chapter 2941’s total exports in FY 2024-25
Import side: 0.23% of Sub-Chapter 2941’s imports
Rank Within Sub-Chapter 2941
FY 2024-25#21 of 24
Position by export value among HSN codes in Sub-Chapter 2941
Import-side rank: #17 of 24
At a glance
8.15%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9843
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+300.00%
Peak Growth Year
FY 2024-25 · strongest single-year move
0.00%
Contribution to Sub-Ch. 2941
Share of Sub-Chapter 2941 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 29412010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−23.09
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 2941
Imports
23.14 ₹ Cr
0.0006% share
— YoY
0.23% of Sub-Ch. 2941
Balance
−21.27
Exports
< ₹1 Crore ₹ Cr
0.0000% share
0.00% YoY
0.00% of Sub-Ch. 2941
Imports
21.32 ₹ Cr
0.0006% share
−7.87% YoY
0.23% of Sub-Ch. 2941
Balance
−29.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−20.00% YoY
0.00% of Sub-Ch. 2941
Imports
29.14 ₹ Cr
0.0010% share
+36.68% YoY
0.27% of Sub-Ch. 2941
Balance
−52.14
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+50.00% YoY
0.00% of Sub-Ch. 2941
Imports
52.20 ₹ Cr
0.0011% share
+79.14% YoY
0.42% of Sub-Ch. 2941
Balance
−38.99
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+183.33% YoY
0.00% of Sub-Ch. 2941
Imports
39.16 ₹ Cr
0.0007% share
−24.98% YoY
0.29% of Sub-Ch. 2941
Balance
−18.12
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−88.24% YoY
0.00% of Sub-Ch. 2941
Imports
18.14 ₹ Cr
0.0003% share
−53.68% YoY
0.11% of Sub-Ch. 2941
Balance
−39.06
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+300.00% YoY
0.00% of Sub-Ch. 2941
Imports
39.14 ₹ Cr
0.0006% share
+115.77% YoY
0.23% of Sub-Ch. 2941
CAGR · 7-Year
Exports
8.15% /yr
Imports
9.15% /yr
reference, FY 2024-25
Export
₹8,911.10 Cr
Import
₹16,863.86 Cr
Trade Balance
−7,952.76
Key Trade Insights: HSN Code 29412010 Export-Import Analysis
Consistent Export Growth: 8.15% CAGR Over 7 Years
India's exports under HSN Code 29412010 have grown at a compound annual rate of 8.15% over 7 fiscal years, rising from ₹0.05 Crore in FY 2018-19 to ₹0.08 Crore in FY 2024-25.
HSN Code 29412010 Ranked #9843 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 29412010 ranks #9843 out of 12657 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #21 of 24. By trade surplus, it ranks #10057 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 29412010 Exports
The strongest single-year export movement for HSN Code 29412010 was recorded in FY 2024-25, when exports surged by 300.00% over the prior year.
India Records a Trade Deficit of ₹39.06 Crore in HSN Code 29412010 Goods
In FY 2024-25, India's imports of ₹39.14 Cr exceeded exports of ₹0.08 Cr, resulting in a trade deficit of ₹39.06 Crore — ranking #10057 of 12657 by surplus magnitude.
Import Growth of 9.15% CAGR Signals Stable Import Dependency for Streptomycin
India's imports under HSN Code 29412010 have grown at 9.15% CAGR, reaching ₹39.14 Crore in FY 2024-25.
HSN Code 29412010 Contributes 0.00% of Sub-Chapter 2941 Exports — Ranked #21
Among the 24 HSN codes under Sub-Chapter 2941, HSN Code 29412010 ranks #21 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.23% share (rank #17).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29412010 and GST compliance.
What products are classified under HSN 29412010 ?
It includes Streptomycin
How should mixed supplies be billed when Streptomycin is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Streptomycin; Nil for exempt items if applicable).
Any common misclassification issue with Streptomycin?
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 Streptomycin?
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Does packaging or labelling change the GST for Streptomycin?
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 much GST applies to Streptomycin?
Under HSN 29412010, Streptomycin attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Do e‑way bill and e‑invoice apply for Streptomycin?
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.