HSN Code 29415000: Erythromycin and its derivatives; salts thereof
HSN Code 29415000 represents Erythromycin and its derivatives; salts thereof under GST classification. This code helps businesses identify Erythromycin and its derivatives; salts thereof correctly for billing, taxation, and trade. With HSN Code 29415000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Erythromycin and its derivatives; salts thereof.
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Description of Goods for HSN Code 29415000
HSN Code 29415000 relates to the following description.
What does HSN Code 29415000 not include?
Erythromycin and its derivatives; salts thereof 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 :Tetracycline/oxytetra-cycline and their salts
Tetracyclines and their derivatives, salts thereof :Other
Chloramphenicol 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 :Tetracycline/oxytetra-cycline and their salts
Tetracyclines and their derivatives, salts thereof :Other
Chloramphenicol 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 29415000 in FY 2024-25
India’s Exports
FY 2024-25₹913 Cr
0.0248% of India’s total exports
India’s Imports
FY 2024-25₹1,441 Cr
0.0237% of India’s total imports
Trade Balance
FY 2024-25−₹528 Cr
Surplus rank #11934 of 12657 HSN codes
% of Sub-Chapter 2941
FY 2024-2510.24%
Share of Sub-Chapter 2941’s total exports in FY 2024-25
Import side: 8.55% of Sub-Chapter 2941’s imports
Rank Within Sub-Chapter 2941
FY 2024-25#3 of 24
Position by export value among HSN codes in Sub-Chapter 2941
Import-side rank: #4 of 24
At a glance
−0.79%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#569
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+32.54%
Peak Growth Year
FY 2020-21 · strongest single-year move
10.24%
Contribution to Sub-Ch. 2941
Share of Sub-Chapter 2941 exports in FY 2024-25
India Export-Import Trade Statistics for 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.
Balance
−94.89
Exports
957.54 ₹ Cr
0.0419% share
— YoY
15.58% of Sub-Ch. 2941
Imports
1,052.43 ₹ Cr
0.0294% share
— YoY
10.36% of Sub-Ch. 2941
Balance
−151.38
Exports
730.16 ₹ Cr
0.0332% share
−23.75% YoY
12.19% of Sub-Ch. 2941
Imports
881.54 ₹ Cr
0.0263% share
−16.24% YoY
9.36% of Sub-Ch. 2941
Balance
−173.62
Exports
967.77 ₹ Cr
0.0450% share
+32.54% YoY
14.05% of Sub-Ch. 2941
Imports
1,141.39 ₹ Cr
0.0392% share
+29.48% YoY
10.42% of Sub-Ch. 2941
Balance
−508.89
Exports
610.75 ₹ Cr
0.0195% share
−36.89% YoY
10.44% of Sub-Ch. 2941
Imports
1,119.64 ₹ Cr
0.0245% share
−1.91% YoY
8.98% of Sub-Ch. 2941
Balance
−137.58
Exports
802.89 ₹ Cr
0.0222% share
+31.46% YoY
10.53% of Sub-Ch. 2941
Imports
940.47 ₹ Cr
0.0164% share
−16.00% YoY
7.08% of Sub-Ch. 2941
Balance
−415.64
Exports
952.01 ₹ Cr
0.0263% share
+18.57% YoY
10.96% of Sub-Ch. 2941
Imports
1,367.65 ₹ Cr
0.0244% share
+45.42% YoY
8.30% of Sub-Ch. 2941
Balance
−528.34
Exports
912.90 ₹ Cr
0.0248% share
−4.11% YoY
10.24% of Sub-Ch. 2941
Imports
1,441.24 ₹ Cr
0.0237% share
+5.38% YoY
8.55% of Sub-Ch. 2941
CAGR · 7-Year
Exports
−0.79% /yr
Imports
5.38% /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 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).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29415000 and GST compliance.
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.