HSN Code 29419050: Other | Neomycin
HSN Code 29419050 represents Other | Neomycin under GST classification. This code helps businesses identify Other | Neomycin correctly for billing, taxation, and trade. With HSN Code 29419050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Neomycin.
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Description of Goods for HSN Code 29419050
HSN Code 29419050 relates to the following description.
What does HSN Code 29419050 not include?
Other | Neomycin 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 : Gentamycin and its salts
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 : Gentamycin and its salts
Other : Norfloxacin and its salts
Other : Other
India’s Trade Performance — HSN Code 29419050 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₹21 Cr
0.0004% of India’s total imports
Trade Balance
FY 2024-25−₹21 Cr
Surplus rank #9585 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: 0.13% of Sub-Chapter 2941’s imports
Rank Within Sub-Chapter 2941
FY 2024-25#17 of 24
Position by export value among HSN codes in Sub-Chapter 2941
Import-side rank: #18 of 24
At a glance
1.73%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#8974
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+2,018.92%
Peak Growth Year
FY 2019-20 · 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 29419050
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−20.99
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 2941
Imports
21.36 ₹ Cr
0.0006% share
— YoY
0.21% of Sub-Ch. 2941
Balance
−11.32
Exports
7.84 ₹ Cr
0.0004% share
+2,018.92% YoY
0.13% of Sub-Ch. 2941
Imports
19.16 ₹ Cr
0.0006% share
−10.30% YoY
0.20% of Sub-Ch. 2941
Balance
−28.71
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−89.80% YoY
0.01% of Sub-Ch. 2941
Imports
29.51 ₹ Cr
0.0010% share
+54.02% YoY
0.27% of Sub-Ch. 2941
Balance
−25.74
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+11.25% YoY
0.02% of Sub-Ch. 2941
Imports
26.63 ₹ Cr
0.0006% share
−9.76% YoY
0.21% of Sub-Ch. 2941
Balance
−22.50
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−51.69% YoY
0.01% of Sub-Ch. 2941
Imports
22.93 ₹ Cr
0.0004% share
−13.89% YoY
0.17% of Sub-Ch. 2941
Balance
−29.42
Exports
1.23 ₹ Cr
0.0000% share
+186.05% YoY
0.01% of Sub-Ch. 2941
Imports
30.65 ₹ Cr
0.0005% share
+33.67% YoY
0.19% of Sub-Ch. 2941
Balance
−21.07
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−66.67% YoY
0.00% of Sub-Ch. 2941
Imports
21.48 ₹ Cr
0.0004% share
−29.92% YoY
0.13% of Sub-Ch. 2941
CAGR · 7-Year
Exports
1.73% /yr
Imports
0.09% /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 29419050 Export-Import Analysis
Consistent Export Growth: 1.73% CAGR Over 7 Years
India's exports under HSN Code 29419050 have grown at a compound annual rate of 1.73% over 7 fiscal years, rising from ₹0.37 Crore in FY 2018-19 to ₹0.41 Crore in FY 2024-25.
HSN Code 29419050 Ranked #8974 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 29419050 ranks #8974 out of 12657 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #17 of 24. By trade surplus, it ranks #9585 of 12657.
FY 2019-20 Was the Strongest Growth Year for HSN Code 29419050 Exports
The strongest single-year export movement for HSN Code 29419050 was recorded in FY 2019-20, when exports surged by 2,018.92% over the prior year.
India Records a Trade Deficit of ₹21.07 Crore in HSN Code 29419050 Goods
In FY 2024-25, India's imports of ₹21.48 Cr exceeded exports of ₹0.41 Cr, resulting in a trade deficit of ₹21.07 Crore — ranking #9585 of 12657 by surplus magnitude.
Import Growth of 0.09% CAGR Signals Stable Import Dependency for Other | Neomycin
India's imports under HSN Code 29419050 have grown at 0.09% CAGR, reaching ₹21.48 Crore in FY 2024-25.
HSN Code 29419050 Contributes 0.00% of Sub-Chapter 2941 Exports — Ranked #17
Among the 24 HSN codes under Sub-Chapter 2941, HSN Code 29419050 ranks #17 by export value — accounting for 0.00% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.13% share (rank #18).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 29419050 and GST compliance.
What products are classified under HSN 29419050 ?
It includes Other | Neomycin
Does packaging or labelling change the GST for Other / Neomycin?
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.
Can we claim ITC on inputs used to trade Other / Neomycin?
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 Other / Neomycin is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Neomycin; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Other / Neomycin?
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 Other / Neomycin?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.