HSN Code 29419040: Other | Gentamycin And Its Salts
HSN Code 29419040 represents Other | Gentamycin And Its Salts under GST classification. This code helps businesses identify Other | Gentamycin And Its Salts correctly for billing, taxation, and trade. With HSN Code 29419040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Gentamycin And Its Salts.
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Description of Goods for HSN Code 29419040
HSN Code 29419040 relates to the following description.
What does HSN Code 29419040 not include?
Other | Gentamycin And Its Salts 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
Erythromycin 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 : 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
Erythromycin 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 : Neomycin
Other : Norfloxacin and its salts
Other : Other
India’s Trade Performance — HSN Code 29419040 in FY 2024-25
India’s Exports
FY 2024-25< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25₹72 Cr
0.0012% of India’s total imports
Trade Balance
FY 2024-25−₹72 Cr
Surplus rank #10523 of 12657 HSN codes
% of Sub-Chapter 2941
FY 2024-250.00%
Share of Sub-Chapter 2941’s total exports in FY 2024-25
Import side: 0.43% of Sub-Chapter 2941’s imports
Rank Within Sub-Chapter 2941
FY 2024-25#18 of 24
Position by export value among HSN codes in Sub-Chapter 2941
Import-side rank: #16 of 24
At a glance
3.35%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#9028
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+463.16%
Peak Growth Year
FY 2021-22 · 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 29419040
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−62.38
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 2941
Imports
62.70 ₹ Cr
0.0017% share
— YoY
0.62% of Sub-Ch. 2941
Balance
−57.38
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+137.50% YoY
0.01% of Sub-Ch. 2941
Imports
58.14 ₹ Cr
0.0017% share
−7.27% YoY
0.62% of Sub-Ch. 2941
Balance
−53.73
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−75.00% YoY
0.00% of Sub-Ch. 2941
Imports
53.92 ₹ Cr
0.0019% share
−7.26% YoY
0.49% of Sub-Ch. 2941
Balance
−60.67
Exports
1.07 ₹ Cr
0.0000% share
+463.16% YoY
0.02% of Sub-Ch. 2941
Imports
61.74 ₹ Cr
0.0014% share
+14.50% YoY
0.50% of Sub-Ch. 2941
Balance
−56.76
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−82.24% YoY
0.00% of Sub-Ch. 2941
Imports
56.95 ₹ Cr
0.0010% share
−7.76% YoY
0.43% of Sub-Ch. 2941
Balance
−66.27
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+94.74% YoY
0.00% of Sub-Ch. 2941
Imports
66.64 ₹ Cr
0.0012% share
+17.01% YoY
0.40% of Sub-Ch. 2941
Balance
−71.72
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+5.41% YoY
0.00% of Sub-Ch. 2941
Imports
72.11 ₹ Cr
0.0012% share
+8.21% YoY
0.43% of Sub-Ch. 2941
CAGR · 7-Year
Exports
3.35% /yr
Imports
2.36% /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 29419040 Export-Import Analysis
Consistent Export Growth: 3.35% CAGR Over 7 Years
India's exports under HSN Code 29419040 have grown at a compound annual rate of 3.35% over 7 fiscal years, rising from ₹0.32 Crore in FY 2018-19 to ₹0.39 Crore in FY 2024-25.
HSN Code 29419040 Ranked #9028 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 29419040 ranks #9028 out of 12657 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #18 of 24. By trade surplus, it ranks #10523 of 12657.
FY 2021-22 Was the Strongest Growth Year for HSN Code 29419040 Exports
The strongest single-year export movement for HSN Code 29419040 was recorded in FY 2021-22, when exports surged by 463.16% over the prior year.
India Records a Trade Deficit of ₹71.72 Crore in HSN Code 29419040 Goods
In FY 2024-25, India's imports of ₹72.11 Cr exceeded exports of ₹0.39 Cr, resulting in a trade deficit of ₹71.72 Crore — ranking #10523 of 12657 by surplus magnitude.
Import Growth of 2.36% CAGR Signals Stable Import Dependency for Other | Gentamycin And Its Salts
India's imports under HSN Code 29419040 have grown at 2.36% CAGR, reaching ₹72.11 Crore in FY 2024-25.
HSN Code 29419040 Contributes 0.00% of Sub-Chapter 2941 Exports — Ranked #18
Among the 24 HSN codes under Sub-Chapter 2941, HSN Code 29419040 ranks #18 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.43% share (rank #16).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29419040 and GST compliance.
What products are classified under HSN 29419040 ?
It includes Other | Gentamycin And Its Salts
Does packaging or labelling change the GST for Other / Gentamycin 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.
Any common misclassification issue with Other / Gentamycin 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.
Can we claim ITC on inputs used to trade Other / Gentamycin 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 much GST applies to Other / Gentamycin And Its Salts?
Under HSN 29419040, Other / Gentamycin And Its Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.
How should mixed supplies be billed when Other / Gentamycin 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 Other / Gentamycin And Its Salts; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Other / Gentamycin 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.