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HSN Code 29419011: Rifampicin

HSN Code 29419011 represents Rifampicin under GST classification. This code helps businesses identify Rifampicin correctly for billing, taxation, and trade. With HSN Code 29419011, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rifampicin.

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Description of Goods for HSN Code 29419011

HSN Code 29419011 relates to the following description.

Description of Goods

Other : Rifampicin and its salts :Rifampicin

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 29419011 not include?

Rifampicin 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 29419011 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

₹120 Cr

+44.55% vs FY 2024-25

0.0031% of India’s total exports

India’s Imports

FY 2025-26

₹400 Cr

+5.87% vs FY 2024-25

0.0058% of India’s total imports

Trade Balance

FY 2025-26

−₹280 Cr

Trade Deficit

Surplus rank #11636 of 12872 HSN codes

% of Sub-Chapter 2941

FY 2025-26

1.49%

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

Import side: 2.43% of Sub-Chapter 2941’s imports

Rank Within Sub-Chapter 2941

FY 2025-26

#8 of 25

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

Import-side rank: #7 of 25

At a glance

27.36%

Export CAGR

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

#2576

National Export Rank

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

+199.77%

Peak Growth Year

FY 2019-20 · strongest single-year move

1.49%

Contribution to Sub-Ch. 2941

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

India Export-Import Trade Statistics for HSN Code 29419011

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 #3975

Balance

−104.94

Exports

22.12 ₹ Cr

0.0010% share

— YoY

0.36% of Sub-Ch. 2941

Imports

127.06 ₹ Cr

0.0035% share

— YoY

1.25% of Sub-Ch. 2941

FY 2019-20 Exp. Rank #2510

Balance

−151.42

Exports

66.31 ₹ Cr

0.0030% share

+199.77% YoY

1.11% of Sub-Ch. 2941

Imports

217.73 ₹ Cr

0.0065% share

+71.36% YoY

2.31% of Sub-Ch. 2941

FY 2020-21 Exp. Rank #3081

Balance

−157.01

Exports

45.23 ₹ Cr

0.0021% share

−31.79% YoY

0.66% of Sub-Ch. 2941

Imports

202.24 ₹ Cr

0.0069% share

−7.11% YoY

1.85% of Sub-Ch. 2941

FY 2021-22 Exp. Rank #3125

Balance

−195.36

Exports

59.94 ₹ Cr

0.0019% share

+32.52% YoY

1.03% of Sub-Ch. 2941

Imports

255.30 ₹ Cr

0.0056% share

+26.24% YoY

2.05% of Sub-Ch. 2941

FY 2022-23 Exp. Rank #2818

Balance

−76.50

Exports

81.62 ₹ Cr

0.0023% share

+36.17% YoY

1.07% of Sub-Ch. 2941

Imports

158.12 ₹ Cr

0.0028% share

−38.07% YoY

1.19% of Sub-Ch. 2941

FY 2023-24 Exp. Rank #2870

Balance

+4.08

Exports

79.78 ₹ Cr

0.0022% share

−2.25% YoY

0.92% of Sub-Ch. 2941

Imports

75.70 ₹ Cr

0.0013% share

−52.13% YoY

0.46% of Sub-Ch. 2941

FY 2024-25 Exp. Rank #2921

Balance

−294.85

Exports

83.19 ₹ Cr

0.0023% share

+4.27% YoY

0.93% of Sub-Ch. 2941

Imports

378.04 ₹ Cr

0.0062% share

+399.39% YoY

2.24% of Sub-Ch. 2941

FY 2025-26 Exp. Rank #2576

Balance

−279.99

Exports

120.25 ₹ Cr

0.0031% share

+44.55% YoY

1.49% of Sub-Ch. 2941

Imports

400.24 ₹ Cr

0.0058% share

+5.87% YoY

2.43% of Sub-Ch. 2941

CAGR · 8-Year

Exports

27.36% /yr

Imports

17.81% /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 29419011 Export-Import Analysis

Consistent Export Growth: 27.36% CAGR Over 8 Years

India's exports under HSN Code 29419011 have grown at a compound annual rate of 27.36% over 8 fiscal years, rising from ₹22.12 Crore in FY 2018-19 to ₹120.25 Crore in FY 2025-26.

HSN Code 29419011 Ranked #2576 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29419011 ranks #2576 out of 12872 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #8 of 25. By trade surplus, it ranks #11636 of 12872.

FY 2019-20 Was the Strongest Growth Year for HSN Code 29419011 Exports

The strongest single-year export movement for HSN Code 29419011 was recorded in FY 2019-20, when exports surged by 199.77% over the prior year.

India Records a Trade Deficit of ₹279.99 Crore in HSN Code 29419011 Goods

In FY 2025-26, India's imports of ₹400.24 Cr exceeded exports of ₹120.25 Cr, resulting in a trade deficit of ₹279.99 Crore — ranking #11636 of 12872 by surplus magnitude.

Import Growth of 17.81% CAGR Signals Rising Demand for Rifampicin

India's imports under HSN Code 29419011 have grown at 17.81% CAGR, reaching ₹400.24 Crore in FY 2025-26.

HSN Code 29419011 Contributes 1.49% of Sub-Chapter 2941 Exports — Ranked #8

Among the 25 HSN codes under Sub-Chapter 2941, HSN Code 29419011 ranks #8 by export value — accounting for 1.49% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 2.43% share (rank #7).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29419011 and GST compliance.

What products are classified under HSN 29419011 ?

It includes Rifampicin

How much GST applies to Rifampicin?

Under HSN 29419011, Rifampicin attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Rifampicin?

If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.

How should mixed supplies be billed when Rifampicin is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Rifampicin; Nil for exempt items if applicable).

Does packaging or labelling change the GST for Rifampicin?

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.

Do e‑way bill and e‑invoice apply for Rifampicin?

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.