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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.

Description of Goods

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

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 29413020 not include?

Tetracycline/Oxytetracycline & Salts does not include products with the following descriptions.

HSN Code 29411010

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

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

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India’s Trade Performance — HSN Code 29413020 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

₹9 Cr

−50.26% vs FY 2024-25

0.0002% of India’s total exports

India’s Imports

FY 2025-26

₹109 Cr

+12.80% vs FY 2024-25

0.0016% of India’s total imports

Trade Balance

FY 2025-26

−₹101 Cr

Trade Deficit

Surplus rank #10861 of 12872 HSN codes

% of Sub-Chapter 2941

FY 2025-26

0.11%

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

Import side: 0.66% of Sub-Chapter 2941’s imports

Rank Within Sub-Chapter 2941

FY 2025-26

#14 of 25

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

Import-side rank: #13 of 25

At a glance

−5.67%

Export CAGR

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

#6160

National Export Rank

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

+113.65%

Peak Growth Year

FY 2022-23 · strongest single-year move

0.11%

Contribution to Sub-Ch. 2941

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

India Export-Import Trade Statistics for HSN Code 29413020

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 #4686

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

FY 2019-20 Exp. Rank #5673

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

FY 2020-21 Exp. Rank #5407

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

FY 2021-22 Exp. Rank #6068

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

FY 2022-23 Exp. Rank #5229

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

FY 2023-24 Exp. Rank #5159

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

FY 2024-25 Exp. Rank #5080

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

FY 2025-26 Exp. Rank #6160

Balance

−100.88

Exports

8.59 ₹ Cr

0.0002% share

−50.26% YoY

0.11% of Sub-Ch. 2941

Imports

109.47 ₹ Cr

0.0016% share

+12.80% YoY

0.66% of Sub-Ch. 2941

CAGR · 8-Year

Exports

−5.67% /yr

Imports

1.96% /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 29413020 Export-Import Analysis

Export Decline: −5.67% CAGR Over 8 Years

India's exports under HSN Code 29413020 have declined at a compound annual rate of −5.67% over 8 fiscal years, falling from ₹12.93 Crore in FY 2018-19 to ₹8.59 Crore in FY 2025-26.

HSN Code 29413020 Ranked #6160 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29413020 ranks #6160 out of 12872 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #14 of 25. By trade surplus, it ranks #10861 of 12872.

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 ₹100.88 Crore in HSN Code 29413020 Goods

In FY 2025-26, India's imports of ₹109.47 Cr exceeded exports of ₹8.59 Cr, resulting in a trade deficit of ₹100.88 Crore — ranking #10861 of 12872 by surplus magnitude.

Import Growth of 1.96% CAGR Signals Stable Import Dependency for Tetracycline/Oxytetracycline & Salts

India's imports under HSN Code 29413020 have grown at 1.96% CAGR, reaching ₹109.47 Crore in FY 2025-26.

HSN Code 29413020 Contributes 0.11% of Sub-Chapter 2941 Exports — Ranked #14

Among the 25 HSN codes under Sub-Chapter 2941, HSN Code 29413020 ranks #14 by export value — accounting for 0.11% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.66% share (rank #13).

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.

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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.