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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.

Description of Goods

Erythromycin and its derivatives; salts thereof

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 29415000 not include?

Erythromycin and its derivatives; salts thereof 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

HSN Code 29413020

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

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India’s Trade Performance — HSN Code 29415000 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

₹837 Cr

−8.33% vs FY 2024-25

0.0215% of India’s total exports

India’s Imports

FY 2025-26

₹1,676 Cr

+16.28% vs FY 2024-25

0.0244% of India’s total imports

Trade Balance

FY 2025-26

−₹839 Cr

Trade Deficit

Surplus rank #12238 of 12872 HSN codes

% of Sub-Chapter 2941

FY 2025-26

10.36%

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

Import side: 10.16% of Sub-Chapter 2941’s imports

Rank Within Sub-Chapter 2941

FY 2025-26

#3 of 25

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

Import-side rank: #3 of 25

At a glance

−1.91%

Export CAGR

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

#704

National Export Rank

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

+32.54%

Peak Growth Year

FY 2020-21 · strongest single-year move

10.36%

Contribution to Sub-Ch. 2941

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

India Export-Import Trade Statistics for HSN Code 29415000

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 #351

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

FY 2019-20 Exp. Rank #464

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

FY 2020-21 Exp. Rank #368

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

FY 2021-22 Exp. Rank #722

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

FY 2022-23 Exp. Rank #607

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

FY 2023-24 Exp. Rank #537

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

FY 2024-25 Exp. Rank #569

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

FY 2025-26 Exp. Rank #704

Balance

−839.06

Exports

836.88 ₹ Cr

0.0215% share

−8.33% YoY

10.36% of Sub-Ch. 2941

Imports

1,675.94 ₹ Cr

0.0244% share

+16.28% YoY

10.16% of Sub-Ch. 2941

CAGR · 8-Year

Exports

−1.91% /yr

Imports

6.87% /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 29415000 Export-Import Analysis

Export Decline: −1.91% CAGR Over 8 Years

India's exports under HSN Code 29415000 have declined at a compound annual rate of −1.91% over 8 fiscal years, falling from ₹957.54 Crore in FY 2018-19 to ₹836.88 Crore in FY 2025-26.

HSN Code 29415000 Ranked #704 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29415000 ranks #704 out of 12872 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #3 of 25. By trade surplus, it ranks #12238 of 12872.

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 ₹839.06 Crore in HSN Code 29415000 Goods

In FY 2025-26, India's imports of ₹1,675.94 Cr exceeded exports of ₹836.88 Cr, resulting in a trade deficit of ₹839.06 Crore — ranking #12238 of 12872 by surplus magnitude.

Import Growth of 6.87% CAGR Signals Stable Import Dependency for Erythromycin and its derivatives; salts thereof

India's imports under HSN Code 29415000 have grown at 6.87% CAGR, reaching ₹1,675.94 Crore in FY 2025-26.

HSN Code 29415000 Contributes 10.36% of Sub-Chapter 2941 Exports — Ranked #3

Among the 25 HSN codes under Sub-Chapter 2941, HSN Code 29415000 ranks #3 by export value — accounting for 10.36% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 10.16% share (rank #3).

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.

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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.