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HSN Code 29420013: Nifedipine

HSN Code 29420013 represents Nifedipine under GST classification. This code helps businesses identify Nifedipine correctly for billing, taxation, and trade. With HSN Code 29420013, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Nifedipine.

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Description of Goods for HSN Code 29420013

HSN Code 29420013 relates to the following description.

Description of Goods

Other organic compounds : Cefadroxil and its salts, ibuprofane, nifedipine, ranitidine, danes salt of D(-) phenyl glycine, D(-) para hydroxy dane’s salts : Nifedipine

Chapter

29 - Organic chemicals

Sub Chapter

2942 - Other organic compounds

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 29420013 not include?

Nifedipine does not include products with the following descriptions.

Other organic compounds : Cefadroxil and its salts, ibuprofane, nifedipine, ranitidine, danes salt of D(-) phenyl glycine, D(-) para hydroxy dane’s salts : Cefadroxil and its salts

Other organic compounds : Cefadroxil and its salts, ibuprofane, nifedipine, ranitidine, danes salt of D(-) phenyl glycine, D(-) para hydroxy dane’s salts : Ibuprofane

Other organic compounds : Cefadroxil and its salts, ibuprofane, nifedipine, ranitidine, danes salt of D(-) phenyl glycine, D(-) para hydroxy dane’s salts : Ranitidine

Other organic compounds : Cefadroxil and its salts, ibuprofane, nifedipine, ranitidine, danes salt of D(-) phenyl glycine, D(-) para hydroxy dane’s salts : Danes salt of D(-) phenyl glycine

Other organic compounds : Cefadroxil and its salts, ibuprofane, nifedipine, ranitidine, danes salt of D(-) phenyl glycine, D(-) para hydroxy dane’s salts : D(-) para hydroxy dane’s salts

Other organic compounds : Timolo maleate, terbutoline sulphate, D(-)phenyl glycin chloride HCL (DPGCH), imipramine HCl, amitryptyline HCl, cysteanune HCl, atenolol, propronalol :Timolo maleate

Other organic compounds : Timolo maleate, terbutoline sulphate, D(-)phenyl glycin chloride HCL (DPGCH), imipramine HCl, amitryptyline HCl, cysteanune HCl, atenolol, propronalol :Terbutoline sulphate

Other organic compounds : Timolo maleate, terbutoline sulphate, D(-)phenyl glycin chloride HCL (DPGCH), imipramine HCl, amitryptyline HCl, cysteanune HCl, atenolol, propronalol : D(-) phenyl glycin chloride HCL (DPGCH)

Other organic compounds : Timolo maleate, terbutoline sulphate, D(-)phenyl glycin chloride HCL (DPGCH), imipramine HCl, amitryptyline HCl, cysteanune HCl, atenolol, propronalol : Imipramine HCl

Other organic compounds : Timolo maleate, terbutoline sulphate, D(-)phenyl glycin chloride HCL (DPGCH), imipramine HCl, amitryptyline HCl, cysteanune HCl, atenolol, propronalol : Amitryptyline HCl

Other organic compounds : Timolo maleate, terbutoline sulphate, D(-)phenyl glycin chloride HCL (DPGCH), imipramine HCl, amitryptyline HCl, cysteanune HCl, atenolol, propronalol : Cysteanune HCl

Other organic compounds : Timolo maleate, terbutoline sulphate, D(-)phenyl glycin chloride HCL (DPGCH), imipramine HCl, amitryptyline HCl, cysteanune HCl, atenolol, propronalol : Atenolol, propronalol

Other organic compounds : Diloxanide furoate, cimetidine, oxyclozanide, famotidine : Diloxanide furoate

Other organic compounds : Diloxanide furoate, cimetidine, oxyclozanide, famotidine : Cimetidine

Other organic compounds : Diloxanide furoate, cimetidine, oxyclozanide, famotidine : Oxyclozanide

Other organic compounds : Diloxanide furoate, cimetidine, oxyclozanide, famotidine : Famotidine

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India’s Trade Performance — HSN Code 29420013 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

+73.77% vs FY 2024-25

0.0007% of India’s total exports

India’s Imports

FY 2025-26

₹4 Cr

+4,337.50% vs FY 2024-25

0.0001% of India’s total imports

Trade Balance

FY 2025-26

₹24 Cr

Trade Surplus

Surplus rank #2780 of 12872 HSN codes

% of Sub-Chapter 2942

FY 2025-26

0.25%

Share of Sub-Chapter 2942’s total exports in FY 2025-26

Import side: 0.11% of Sub-Chapter 2942’s imports

Rank Within Sub-Chapter 2942

FY 2025-26

#11 of 18

Position by export value among HSN codes in Sub-Chapter 2942

Import-side rank: #9 of 18

At a glance

1.24%

Export CAGR

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

#4621

National Export Rank

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

+73.77%

Peak Growth Year

FY 2025-26 · strongest single-year move

0.25%

Contribution to Sub-Ch. 2942

Share of Sub-Chapter 2942 exports in FY 2025-26

India Export-Import Trade Statistics for HSN Code 29420013

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 #3811

Balance

+23.99

Exports

24.98 ₹ Cr

0.0011% share

— YoY

0.30% of Sub-Ch. 2942

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.03% of Sub-Ch. 2942

FY 2019-20 Exp. Rank #3629

Balance

+27.15

Exports

29.12 ₹ Cr

0.0013% share

+16.57% YoY

0.35% of Sub-Ch. 2942

Imports

1.97 ₹ Cr

0.0001% share

+98.99% YoY

0.06% of Sub-Ch. 2942

FY 2020-21 Exp. Rank #3741

Balance

+26.36

Exports

28.30 ₹ Cr

0.0013% share

−2.82% YoY

0.30% of Sub-Ch. 2942

Imports

1.94 ₹ Cr

0.0001% share

−1.52% YoY

0.05% of Sub-Ch. 2942

FY 2021-22 Exp. Rank #3701

Balance

+35.79

Exports

39.23 ₹ Cr

0.0013% share

+38.62% YoY

0.41% of Sub-Ch. 2942

Imports

3.44 ₹ Cr

0.0001% share

+77.32% YoY

0.09% of Sub-Ch. 2942

FY 2022-23 Exp. Rank #4260

Balance

+23.16

Exports

27.92 ₹ Cr

0.0008% share

−28.83% YoY

0.25% of Sub-Ch. 2942

Imports

4.76 ₹ Cr

0.0001% share

+38.37% YoY

0.15% of Sub-Ch. 2942

FY 2023-24 Exp. Rank #4915

Balance

+17.94

Exports

17.94 ₹ Cr

0.0005% share

−35.75% YoY

0.16% of Sub-Ch. 2942

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2942

FY 2024-25 Exp. Rank #5198

Balance

+15.59

Exports

15.67 ₹ Cr

0.0004% share

−12.65% YoY

0.15% of Sub-Ch. 2942

Imports

< ₹1 Crore ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2942

FY 2025-26 Exp. Rank #4621

Balance

+23.68

Exports

27.23 ₹ Cr

0.0007% share

+73.77% YoY

0.25% of Sub-Ch. 2942

Imports

3.55 ₹ Cr

0.0001% share

+4,337.50% YoY

0.11% of Sub-Ch. 2942

CAGR · 8-Year

Exports

1.24% /yr

Imports

20.01% /yr

Consistently Surplus
Sub-Chapter 2942 total

reference, FY 2025-26

Export

₹11,012.84 Cr

Import

₹3,271.21 Cr

Trade Balance

+7,741.63

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

Key Trade Insights: HSN Code 29420013 Export-Import Analysis

Consistent Export Growth: 1.24% CAGR Over 8 Years

India's exports under HSN Code 29420013 have grown at a compound annual rate of 1.24% over 8 fiscal years, rising from ₹24.98 Crore in FY 2018-19 to ₹27.23 Crore in FY 2025-26.

HSN Code 29420013 Ranked #4621 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29420013 ranks #4621 out of 12872 HSN codes by total export value. Within Sub-Chapter 2942, it ranks #11 of 18. By trade surplus, it ranks #2780 of 12872.

FY 2025-26 Was the Strongest Growth Year for HSN Code 29420013 Exports

The strongest single-year export movement for HSN Code 29420013 was recorded in FY 2025-26, when exports surged by 73.77% over the prior year.

India Maintains a Trade Surplus of ₹23.68 Crore in HSN Code 29420013 Goods

In FY 2025-26, India's exports of ₹27.23 Cr exceeded imports of ₹3.55 Cr, resulting in a trade surplus of ₹23.68 Crore — ranking #2780 of 12872 by surplus magnitude.

Import Growth of 20.01% CAGR Signals Rising Demand for Nifedipine

India's imports under HSN Code 29420013 have grown at 20.01% CAGR, reaching ₹3.55 Crore in FY 2025-26.

HSN Code 29420013 Contributes 0.25% of Sub-Chapter 2942 Exports — Ranked #11

Among the 18 HSN codes under Sub-Chapter 2942, HSN Code 29420013 ranks #11 by export value — accounting for 0.25% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.11% share (rank #9).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29420013 and GST compliance.

What products are classified under HSN 29420013 ?

It includes Nifedipine

Do e‑way bill and e‑invoice apply for Nifedipine?

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 Nifedipine?

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 should mixed supplies be billed when Nifedipine is sold with other items?

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

How much GST applies to Nifedipine?

Under HSN 29420013, Nifedipine attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Can we claim ITC on inputs used to trade Nifedipine?

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

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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.