HSN Code 29419014: Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint)

HSN Code 29419014 represents Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint) under GST classification. This code helps businesses identify Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint) correctly for billing, taxation, and trade. With HSN Code 29419014, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint).

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 29419014

HSN Code 29419014 relates to the following description.

Description of Goods

Other : Rifampicin and its salts :1-Amino-4-Methyl piperazine (Rifaint)

Chapter

29 - Organic chemicals

Sub Chapter

2941 - Antibiotics

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29419014 not include?

Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint) 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 29419014 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

−< ₹1 Crore

Trade Deficit

Surplus rank #7763 of 12657 HSN codes

% of Sub-Chapter 2941

FY 2024-25

0.00%

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

Import side: 0.00% of Sub-Chapter 2941’s imports

At a glance

−100.00%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.00%

Contribution to Sub-Ch. 2941

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

India Export-Import Trade Statistics for HSN Code 29419014

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

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

FY 2019-20

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

FY 2020-21

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

FY 2021-22

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

FY 2022-23 Exp. Rank #9689

Balance

−0.07

Exports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

FY 2023-24

Balance

0.00

Exports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2941

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2941

FY 2024-25

Balance

−0.63

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2941

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 29419014 Export-Import Analysis

Export Snapshot for HSN Code 29419014

India exported ₹0.00 Crore worth of Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint) in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

FY 2023-24 Was the Strongest Growth Year for HSN Code 29419014 Exports

The strongest single-year export movement for HSN Code 29419014 was recorded in FY 2023-24, when exports declined by 100.00% over the prior year.

India Records a Trade Deficit of ₹0.63 Crore in HSN Code 29419014 Goods

In FY 2024-25, India's imports of ₹0.63 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹0.63 Crore — ranking #7763 of 12657 by surplus magnitude.

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 29419014 and GST compliance.

What products are classified under HSN 29419014 ?

It includes Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint)

Do e‑way bill and e‑invoice apply for Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint)?

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.

Does packaging or labelling change the GST for Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint)?

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.

How much GST applies to Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint)?

Under HSN 29419014, Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint) attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint)?

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

Any common misclassification issue with Rifampicin & Salts: 1-Amino-4-Methylpiperazine (Rifaint)?

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.