--- title: "HSN Code for Erythromycin and its derivatives; salts thereof | HSN 29415000 GST Rate" description: "Find HSN and GST Rates for 29415000 related to Erythromycin and its derivatives; salts thereof with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29415000/" --- # HSN Code 29415000: Erythromycin and its derivatives; salts thereof - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 29: Organic Chemicals](https://busy.in/hsn/chapter-29/) - [Sub-chapter 2941: Antibiotics](https://busy.in/hsn/sub-chapter-2941/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Erythromycin and its derivatives; salts thereof | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29415000 ? It includes Erythromycin and its derivatives; salts thereof ### How much GST applies to Erythromycin and its derivatives; salts thereof? Under HSN 29415000, Erythromycin and its derivatives; salts thereof attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Erythromycin and its derivatives; salts thereof is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Erythromycin and its derivatives; salts thereof; Nil for exempt items if applicable). ### Any common misclassification issue with Erythromycin and its derivatives; salts thereof? 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 Erythromycin and its derivatives; salts thereof? 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 Erythromycin and its derivatives; salts thereof? 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. ## India's trade performance: HSN Code 29415000 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹913 Cr (−4.11% YoY) — 0.0248% of India's total exports - Imports: ₹1,441 Cr (+5.38% YoY) — 0.0237% of India's total imports - Trade balance: −₹528 Cr (Deficit); surplus rank #11934 of 12657 HSN codes - Share of Sub-Chapter 2941: 10.24% of its exports; import side 8.55% - Rank within Sub-Chapter 2941: #3 of 24 by export value; import-side #4 ### Key metrics - Export CAGR: -0.79% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #569 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +32.54% in FY 2020-21 - Contribution to Sub-Ch. 2941: 10.24% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29415000 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2941 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2941 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 957.54 | 0.0419% | — | 15.58% | 1,052.43 | 0.0294% | — | 10.36% | −94.89 | #351 | | FY 2019-20 | 730.16 | 0.0332% | −23.75% | 12.19% | 881.54 | 0.0263% | −16.24% | 9.36% | −151.38 | #464 | | FY 2020-21 | 967.77 | 0.0450% | +32.54% | 14.05% | 1,141.39 | 0.0392% | +29.48% | 10.42% | −173.62 | #368 | | FY 2021-22 | 610.75 | 0.0195% | −36.89% | 10.44% | 1,119.64 | 0.0245% | −1.91% | 8.98% | −508.89 | #722 | | FY 2022-23 | 802.89 | 0.0222% | +31.46% | 10.53% | 940.47 | 0.0164% | −16.00% | 7.08% | −137.58 | #607 | | FY 2023-24 | 952.01 | 0.0263% | +18.57% | 10.96% | 1,367.65 | 0.0244% | +45.42% | 8.30% | −415.64 | #537 | | FY 2024-25 | 912.90 | 0.0248% | −4.11% | 10.24% | 1,441.24 | 0.0237% | +5.38% | 8.55% | −528.34 | #569 | - CAGR (7-year): exports -0.79%/yr, imports 5.38%/yr (consistently Deficit) ## Key trade insights: HSN Code 29415000 export-import analysis ### Export decline: -0.79% CAGR over 7 years India's exports under HSN Code 29415000 have declined at a compound annual rate of -0.79% over 7 fiscal years, falling from ₹957.54 Crore in FY 2018-19 to ₹912.90 Crore in FY 2024-25. ### HSN Code 29415000 ranked #569 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29415000 ranks #569 out of 12657 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #3 of 24. By trade surplus, it ranks #11934 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 29415000 exports The strongest single-year export movement for HSN Code 29415000 was recorded in FY 2020-21, when exports surged by 32.54% over the prior year. ### India records a trade deficit of ₹528.34 Crore in HSN Code 29415000 goods In FY 2024-25, India's imports of ₹1,441.24 Cr exceeded exports of ₹912.90 Cr, resulting in a trade deficit of ₹528.34 Crore — ranking #11934 of 12657 by surplus magnitude. ### Import growth of 5.38% CAGR signals stable import dependency for Erythromycin and its derivatives; salts thereof India's imports under HSN Code 29415000 have grown at 5.38% CAGR, reaching ₹1,441.24 Crore in FY 2024-25. ### HSN Code 29415000 contributes 10.24% of Sub-Chapter 2941 exports — ranked #3 Among the 24 HSN codes under Sub-Chapter 2941, HSN Code 29415000 ranks #3 by export value — accounting for 10.24% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 8.55% share (rank #4). ## Related HSN Codes in Sub-Chapter 2941 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29419090: Antibiotics: Other](https://busy.in/hsn/hsn-29419090/) | ₹4,772 Cr | | #2 | [HSN Code 29411030: Amoxycillin and Its Salts](https://busy.in/hsn/hsn-29411030/) | ₹1,555 Cr | | #3 | HSN Code 29415000: Erythromycin and its derivatives; salts thereof (this hsn code) | ₹913 Cr | | #4 | [HSN Code 29411090: Other Penicillins (Penicillanic Acid Structure)](https://busy.in/hsn/hsn-29411090/) | ₹705 Cr | | #5 | [HSN Code 29411020: Ampicillin and Salts](https://busy.in/hsn/hsn-29411020/) | ₹231 Cr | | #6 | [HSN Code 29419030: Other \| Ciprofloxacine And Its Salts0](https://busy.in/hsn/hsn-29419030/) | ₹211 Cr | | #7 | [HSN Code 29411040: Cloxacillin and Its Salts](https://busy.in/hsn/hsn-29411040/) | ₹194 Cr | | #8 | [HSN Code 29419019: Other \| Parts And Accessories For Pianos](https://busy.in/hsn/hsn-29419019/) | ₹91 Cr | | #9 | [HSN Code 29419011: Other : Rifampicin and its salts :Rifampicin](https://busy.in/hsn/hsn-29419011/) | ₹83 Cr | | #10 | [HSN Code 29419020: Other \| Cephalexin And Its Salts](https://busy.in/hsn/hsn-29419020/) | ₹82 Cr |