Find GST Rates & HSN

HSN Code 29419060: Norfloxacin and Its Salts

HSN Code 29419060 represents Norfloxacin and Its Salts under GST classification. This code helps businesses identify Norfloxacin and Its Salts correctly for billing, taxation, and trade. With HSN Code 29419060, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Norfloxacin and Its Salts.

Free Live Demo Available Today

Don’t Let HSN Mistakes Affect Your GST Filing

Manage correct HSN codes and GST rates with BUSY.

Trusted by 6,00,000+ Users
4.5 Google Rating
40K+ Monthly Downloads
Free Mobile App
+91

* No credit card required

Description of Goods for HSN Code 29419060

HSN Code 29419060 relates to the following description.

Description of Goods

Other : Norfloxacin and its salts

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 29419060 not include?

Norfloxacin 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

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

* No credit card required

India’s Trade Performance — HSN Code 29419060 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

₹27 Cr

+32.72% vs FY 2024-25

0.0007% of India’s total exports

India’s Imports

FY 2025-26

₹72 Cr

−30.61% vs FY 2024-25

0.0011% of India’s total imports

Trade Balance

FY 2025-26

−₹46 Cr

Trade Deficit

Surplus rank #10237 of 12872 HSN codes

% of Sub-Chapter 2941

FY 2025-26

0.33%

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

Import side: 0.44% of Sub-Chapter 2941’s imports

Rank Within Sub-Chapter 2941

FY 2025-26

#11 of 25

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

Import-side rank: #15 of 25

At a glance

6.11%

Export CAGR

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

#4646

National Export Rank

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

+86.78%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.33%

Contribution to Sub-Ch. 2941

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

India Export-Import Trade Statistics for HSN Code 29419060

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 #4261

Balance

−0.68

Exports

17.68 ₹ Cr

0.0008% share

— YoY

0.29% of Sub-Ch. 2941

Imports

18.36 ₹ Cr

0.0005% share

— YoY

0.18% of Sub-Ch. 2941

FY 2019-20 Exp. Rank #4672

Balance

−6.11

Exports

13.01 ₹ Cr

0.0006% share

−26.41% YoY

0.22% of Sub-Ch. 2941

Imports

19.12 ₹ Cr

0.0006% share

+4.14% YoY

0.20% of Sub-Ch. 2941

FY 2020-21 Exp. Rank #3939

Balance

+4.42

Exports

24.30 ₹ Cr

0.0011% share

+86.78% YoY

0.35% of Sub-Ch. 2941

Imports

19.88 ₹ Cr

0.0007% share

+3.97% YoY

0.18% of Sub-Ch. 2941

FY 2021-22 Exp. Rank #4794

Balance

+1.54

Exports

17.09 ₹ Cr

0.0005% share

−29.67% YoY

0.29% of Sub-Ch. 2941

Imports

15.55 ₹ Cr

0.0003% share

−21.78% YoY

0.12% of Sub-Ch. 2941

FY 2022-23 Exp. Rank #4374

Balance

+7.15

Exports

25.54 ₹ Cr

0.0007% share

+49.44% YoY

0.33% of Sub-Ch. 2941

Imports

18.39 ₹ Cr

0.0003% share

+18.26% YoY

0.14% of Sub-Ch. 2941

FY 2023-24 Exp. Rank #5575

Balance

−18.55

Exports

11.27 ₹ Cr

0.0003% share

−55.87% YoY

0.13% of Sub-Ch. 2941

Imports

29.82 ₹ Cr

0.0005% share

+62.15% YoY

0.18% of Sub-Ch. 2941

FY 2024-25 Exp. Rank #4858

Balance

−84.13

Exports

20.17 ₹ Cr

0.0005% share

+78.97% YoY

0.23% of Sub-Ch. 2941

Imports

104.30 ₹ Cr

0.0017% share

+249.77% YoY

0.62% of Sub-Ch. 2941

FY 2025-26 Exp. Rank #4646

Balance

−45.60

Exports

26.77 ₹ Cr

0.0007% share

+32.72% YoY

0.33% of Sub-Ch. 2941

Imports

72.37 ₹ Cr

0.0011% share

−30.61% YoY

0.44% of Sub-Ch. 2941

CAGR · 8-Year

Exports

6.11% /yr

Imports

21.65% /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 29419060 Export-Import Analysis

Consistent Export Growth: 6.11% CAGR Over 8 Years

India's exports under HSN Code 29419060 have grown at a compound annual rate of 6.11% over 8 fiscal years, rising from ₹17.68 Crore in FY 2018-19 to ₹26.77 Crore in FY 2025-26.

HSN Code 29419060 Ranked #4646 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29419060 ranks #4646 out of 12872 HSN codes by total export value. Within Sub-Chapter 2941, it ranks #11 of 25. By trade surplus, it ranks #10237 of 12872.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29419060 Exports

The strongest single-year export movement for HSN Code 29419060 was recorded in FY 2020-21, when exports surged by 86.78% over the prior year.

India Records a Trade Deficit of ₹45.60 Crore in HSN Code 29419060 Goods

In FY 2025-26, India's imports of ₹72.37 Cr exceeded exports of ₹26.77 Cr, resulting in a trade deficit of ₹45.60 Crore — ranking #10237 of 12872 by surplus magnitude.

Import Growth of 21.65% CAGR Signals Rising Demand for Norfloxacin and Its Salts

India's imports under HSN Code 29419060 have grown at 21.65% CAGR, reaching ₹72.37 Crore in FY 2025-26.

HSN Code 29419060 Contributes 0.33% of Sub-Chapter 2941 Exports — Ranked #11

Among the 25 HSN codes under Sub-Chapter 2941, HSN Code 29419060 ranks #11 by export value — accounting for 0.33% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.44% share (rank #15).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29419060 and GST compliance.

What products are classified under HSN 29419060 ?

It includes Norfloxacin and Its Salts

Can we claim ITC on inputs used to trade Other / Norfloxacin 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 Other / Norfloxacin 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 / Norfloxacin And Its Salts; Nil for exempt items if applicable).

Any common misclassification issue with Other / Norfloxacin 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.

How much GST applies to Other / Norfloxacin And Its Salts?

Under HSN 29419060, Other / Norfloxacin And Its Salts attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Other / Norfloxacin 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 Other / Norfloxacin 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.

Found this useful? Add BUSY as a preferred source to see more of us on Google.

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.