HSN Code 29413020: Tetracycline/Oxytetracycline & Salts
HSN Code 29413020 represents Tetracycline/Oxytetracycline & Salts under GST classification. This code helps businesses identify Tetracycline/Oxytetracycline & Salts correctly for billing, taxation, and trade. With HSN Code 29413020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Tetracycline/Oxytetracycline & Salts.
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Description of Goods for HSN Code 29413020
HSN Code 29413020 relates to the following description.
What does HSN Code 29413020 not include?
Tetracycline/Oxytetracycline & 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 : 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 :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 :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 :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 :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 29413020 in FY 2024-25
India’s Exports
FY 2024-25₹17 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹97 Cr
0.0016% of India’s total imports
Trade Balance
FY 2024-25−₹80 Cr
Surplus rank #10620 of 12657 HSN codes
% of Sub-Chapter 2941
FY 2024-250.19%
Share of Sub-Chapter 2941’s total exports in FY 2024-25
Import side: 0.58% of Sub-Chapter 2941’s imports
Rank Within Sub-Chapter 2941
FY 2024-25#13 of 24
Position by export value among HSN codes in Sub-Chapter 2941
Import-side rank: #14 of 24
At a glance
4.94%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5080
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+113.65%
Peak Growth Year
FY 2022-23 · strongest single-year move
0.19%
Contribution to Sub-Ch. 2941
Share of Sub-Chapter 2941 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 29413020
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−82.60
Exports
12.93 ₹ Cr
0.0006% share
— YoY
0.21% of Sub-Ch. 2941
Imports
95.53 ₹ Cr
0.0027% share
— YoY
0.94% of Sub-Ch. 2941
Balance
−86.77
Exports
5.81 ₹ Cr
0.0003% share
−55.07% YoY
0.10% of Sub-Ch. 2941
Imports
92.58 ₹ Cr
0.0028% share
−3.09% YoY
0.98% of Sub-Ch. 2941
Balance
−74.69
Exports
7.62 ₹ Cr
0.0004% share
+31.15% YoY
0.11% of Sub-Ch. 2941
Imports
82.31 ₹ Cr
0.0028% share
−11.09% YoY
0.75% of Sub-Ch. 2941
Balance
−114.02
Exports
6.30 ₹ Cr
0.0002% share
−17.32% YoY
0.11% of Sub-Ch. 2941
Imports
120.32 ₹ Cr
0.0026% share
+46.18% YoY
0.96% of Sub-Ch. 2941
Balance
−65.32
Exports
13.46 ₹ Cr
0.0004% share
+113.65% YoY
0.18% of Sub-Ch. 2941
Imports
78.78 ₹ Cr
0.0014% share
−34.52% YoY
0.59% of Sub-Ch. 2941
Balance
−73.99
Exports
15.14 ₹ Cr
0.0004% share
+12.48% YoY
0.17% of Sub-Ch. 2941
Imports
89.13 ₹ Cr
0.0016% share
+13.14% YoY
0.54% of Sub-Ch. 2941
Balance
−79.78
Exports
17.27 ₹ Cr
0.0005% share
+14.07% YoY
0.19% of Sub-Ch. 2941
Imports
97.05 ₹ Cr
0.0016% share
+8.89% YoY
0.58% of Sub-Ch. 2941
CAGR · 7-Year
Exports
4.94% /yr
Imports
0.26% /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 29413020 Export-Import Analysis
Consistent Export Growth: 4.94% CAGR Over 7 Years
India's exports under HSN Code 29413020 have grown at a compound annual rate of 4.94% over 7 fiscal years, rising from ₹12.93 Crore in FY 2018-19 to ₹17.27 Crore in FY 2024-25.
HSN Code 29413020 Ranked #5080 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 29413020 ranks #5080 out of 12657 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #13 of 24. By trade surplus, it ranks #10620 of 12657.
FY 2022-23 Was the Strongest Growth Year for HSN Code 29413020 Exports
The strongest single-year export movement for HSN Code 29413020 was recorded in FY 2022-23, when exports surged by 113.65% over the prior year.
India Records a Trade Deficit of ₹79.78 Crore in HSN Code 29413020 Goods
In FY 2024-25, India's imports of ₹97.05 Cr exceeded exports of ₹17.27 Cr, resulting in a trade deficit of ₹79.78 Crore — ranking #10620 of 12657 by surplus magnitude.
Import Growth of 0.26% CAGR Signals Stable Import Dependency for Tetracycline/Oxytetracycline & Salts
India's imports under HSN Code 29413020 have grown at 0.26% CAGR, reaching ₹97.05 Crore in FY 2024-25.
HSN Code 29413020 Contributes 0.19% of Sub-Chapter 2941 Exports — Ranked #13
Among the 24 HSN codes under Sub-Chapter 2941, HSN Code 29413020 ranks #13 by export value — accounting for 0.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.58% share (rank #14).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29413020 and GST compliance.
What products are classified under HSN 29413020 ?
It includes Tetracycline/Oxytetracycline & Salts
Any common misclassification issue with Tetracycline/Oxytetracycline & Salts?
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 Tetracycline/Oxytetracycline & 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 Tetracycline/Oxytetracycline & Salts is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Tetracycline/Oxytetracycline & Salts; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Tetracycline/Oxytetracycline & 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 Tetracycline/Oxytetracycline & 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.