HSN Code 29419013: Rifampicin and its salts

HSN Code 29419013 represents Rifampicin and its salts under GST classification. This code helps businesses identify Rifampicin and its salts correctly for billing, taxation, and trade. With HSN Code 29419013, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rifampicin and its salts.

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Description of Goods for HSN Code 29419013

HSN Code 29419013 relates to the following description.

Description of Goods

Other : Rifampicin and its salts :Rifa S or Rifa S Sodium (Rifaint)

Chapter

29 - Organic chemicals

Sub Chapter

2941 - Antibiotics

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29419013 not include?

Rifampicin and its 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

HSN Code 29413020

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

India’s Trade Performance — HSN Code 29419013 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹2 Cr

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹131 Cr

+88.31% vs FY 2023-24

0.0022% of India’s total imports

Trade Balance

FY 2024-25

−₹129 Cr

Trade Deficit

Surplus rank #10996 of 12657 HSN codes

% of Sub-Chapter 2941

FY 2024-25

0.02%

Share of Sub-Chapter 2941’s total exports in FY 2024-25

Import side: 0.78% of Sub-Chapter 2941’s imports

Rank Within Sub-Chapter 2941

FY 2024-25

#16 of 24

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

Import-side rank: #12 of 24

At a glance

#7749

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

−100.00%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.02%

Contribution to Sub-Ch. 2941

Share of Sub-Chapter 2941 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 29419013

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19

Balance

−4.43

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

4.43 ₹ Cr

0.0001% share

— YoY

0.04% of Sub-Ch. 2941

FY 2019-20 Exp. Rank #7320

Balance

−28.94

Exports

1.34 ₹ Cr

0.0001% share

— YoY

0.02% of Sub-Ch. 2941

Imports

30.28 ₹ Cr

0.0009% share

+583.52% YoY

0.32% of Sub-Ch. 2941

FY 2020-21

Balance

−8.68

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2941

Imports

8.68 ₹ Cr

0.0003% share

−71.33% YoY

0.08% of Sub-Ch. 2941

FY 2021-22 Exp. Rank #9282

Balance

−26.31

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

26.48 ₹ Cr

0.0006% share

+205.07% YoY

0.21% of Sub-Ch. 2941

FY 2022-23

Balance

−14.06

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2941

Imports

14.06 ₹ Cr

0.0002% share

−46.90% YoY

0.11% of Sub-Ch. 2941

FY 2023-24

Balance

−69.55

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

69.55 ₹ Cr

0.0012% share

+394.67% YoY

0.42% of Sub-Ch. 2941

FY 2024-25 Exp. Rank #7749

Balance

−129.28

Exports

1.69 ₹ Cr

0.0000% share

— YoY

0.02% of Sub-Ch. 2941

Imports

130.97 ₹ Cr

0.0022% share

+88.31% YoY

0.78% of Sub-Ch. 2941

CAGR · 7-Year

Exports

—

Imports

75.84% /yr

Consistently Deficit
Sub-Chapter 2941 total

reference, FY 2024-25

Export

₹8,911.10 Cr

Import

₹16,863.86 Cr

Trade Balance

−7,952.76

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 29419013 Export-Import Analysis

Export Snapshot for HSN Code 29419013

India exported ₹1.69 Crore worth of Rifampicin and its salts in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

HSN Code 29419013 Ranked #7749 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 29419013 ranks #7749 out of 12657 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #16 of 24. By trade surplus, it ranks #10996 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29419013 Exports

The strongest single-year export movement for HSN Code 29419013 was recorded in FY 2020-21, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹129.28 Crore in HSN Code 29419013 Goods

In FY 2024-25, India's imports of ₹130.97 Cr exceeded exports of ₹1.69 Cr, resulting in a trade deficit of ₹129.28 Crore — ranking #10996 of 12657 by surplus magnitude.

Import Growth of 75.84% CAGR Signals Rising Demand for Rifampicin and its salts

India's imports under HSN Code 29419013 have grown at 75.84% CAGR, reaching ₹130.97 Crore in FY 2024-25.

HSN Code 29419013 Contributes 0.02% of Sub-Chapter 2941 Exports — Ranked #16

Among the 24 HSN codes under Sub-Chapter 2941, HSN Code 29419013 ranks #16 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.78% share (rank #12).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29419013 and GST compliance.

What products are classified under HSN 29419013 ?

It includes Rifampicin and its salts

How much GST applies to Rifampicin and its salts?

Under HSN 29419013, Rifampicin and its salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Rifampicin and its salts?

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 and its salts is sold with other items?

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

Does packaging or labelling change the GST for Rifampicin and its 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.

Do e‑way bill and e‑invoice apply for Rifampicin and its 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.

Any common misclassification issue with Rifampicin and its salts?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

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.