--- title: "HSN Code for Ranitidine | HSN 29420025 GST Rate" description: "Find HSN and GST Rates for 29420025 related to Ranitidine with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-29420025/" --- # HSN Code 29420025: Ranitidine - [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/) - [Chapter 29: Organic Chemicals](https://busy.in/hsn/chapter-29/) - [Sub-chapter 2942: Other organic compounds](https://busy.in/hsn/sub-chapter-2942/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Other organic compounds : Timolo maleate, terbutoline sulphate, D(-)phenyl glycin chloride HCL (DPGCH), imipramine HCl, amitryptyline HCl, cysteanune HCl, atenolol, propronalol : Amitryptyline HCl | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 29420025 ? It includes Ranitidine ### Can we claim ITC on inputs used to trade Ranitidine? 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 Ranitidine? 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 Ranitidine? Under HSN 29420025, Ranitidine attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Ranitidine is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Ranitidine; Nil for exempt items if applicable). ### Does packaging or labelling change the GST for Ranitidine? 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. ## India's trade performance: HSN Code 29420025 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹49 Cr (+28.12% YoY) — 0.0013% of India's total exports - Imports: < ₹1 Crore — 0.0000% of India's total imports - Trade balance: ₹49 Cr (Surplus); surplus rank #2187 of 12657 HSN codes - Share of Sub-Chapter 2942: 0.45% of its exports; import side 0.01% - Rank within Sub-Chapter 2942: #8 of 18 by export value; import-side #12 ### Key metrics - Export CAGR: 11.14% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #3657 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +90.51% in FY 2021-22 - Contribution to Sub-Ch. 2942: 0.45% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 29420025 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 2942 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 2942 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 25.99 | 0.0011% | — | 0.31% | < ₹1 Crore | 0.0000% | — | 0.00% | +25.87 | #3757 | | FY 2019-20 | 29.69 | 0.0013% | +14.24% | 0.35% | < ₹1 Crore | 0.0000% | +533.33% | 0.02% | +28.93 | #3606 | | FY 2020-21 | 33.20 | 0.0015% | +11.82% | 0.35% | < ₹1 Crore | 0.0000% | −96.05% | 0.00% | +33.17 | #3511 | | FY 2021-22 | 63.25 | 0.0020% | +90.51% | 0.66% | < ₹1 Crore | 0.0000% | +366.67% | 0.00% | +63.11 | #3034 | | FY 2022-23 | 42.48 | 0.0012% | −32.84% | 0.37% | Nil | 0.0000% | −100.00% | 0.00% | +42.48 | #3696 | | FY 2023-24 | 38.23 | 0.0011% | −10.00% | 0.35% | Nil | 0.0000% | — | 0.00% | +38.23 | #3904 | | FY 2024-25 | 48.98 | 0.0013% | +28.12% | 0.45% | < ₹1 Crore | 0.0000% | — | 0.01% | +48.74 | #3657 | - CAGR (7-year): exports 11.14%/yr, imports 12.25%/yr (consistently Surplus) ## Key trade insights: HSN Code 29420025 export-import analysis ### Consistent export growth: 11.14% CAGR over 7 years India's exports under HSN Code 29420025 have grown at a compound annual rate of 11.14% over 7 fiscal years, rising from ₹25.99 Crore in FY 2018-19 to ₹48.98 Crore in FY 2024-25. ### HSN Code 29420025 ranked #3657 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 29420025 ranks #3657 out of 12657 HSN codes by total export value. Within Sub-Chapter 2942, it ranks #8 of 18. By trade surplus, it ranks #2187 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 29420025 exports The strongest single-year export movement for HSN Code 29420025 was recorded in FY 2021-22, when exports surged by 90.51% over the prior year. ### India maintains a trade surplus of ₹48.74 Crore in HSN Code 29420025 goods In FY 2024-25, India's exports of ₹48.98 Cr exceeded imports of ₹0.24 Cr, resulting in a trade surplus of ₹48.74 Crore — ranking #2187 of 12657 by surplus magnitude. ### Import growth of 12.25% CAGR signals rising demand for Ranitidine India's imports under HSN Code 29420025 have grown at 12.25% CAGR, reaching ₹0.24 Crore in FY 2024-25. ### HSN Code 29420025 contributes 0.45% of Sub-Chapter 2942 exports — ranked #8 Among the 18 HSN codes under Sub-Chapter 2942, HSN Code 29420025 ranks #8 by export value — accounting for 0.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.01% share (rank #12). ## Related HSN Codes in Sub-Chapter 2942 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 29420090: Other Organic Compounds](https://busy.in/hsn/hsn-29420090/) | ₹9,509 Cr | | #2 | [HSN Code 29420012: Dane’s Salt of D(-) Phenyl Glycine](https://busy.in/hsn/hsn-29420012/) | ₹616 Cr | | #3 | [HSN Code 29420011: Semiconductor/Photomask Inspection Instruments](https://busy.in/hsn/hsn-29420011/) | ₹165 Cr | | #4 | [HSN Code 29420034: Famotidine](https://busy.in/hsn/hsn-29420034/) | ₹121 Cr | | #5 | [HSN Code 29420027: Amitryptyline HCl](https://busy.in/hsn/hsn-29420027/) | ₹92 Cr | | #6 | [HSN Code 29420014: Nifedipine](https://busy.in/hsn/hsn-29420014/) | ₹82 Cr | | #7 | [HSN Code 29420033: Oxyclozanide](https://busy.in/hsn/hsn-29420033/) | ₹54 Cr | | #8 | HSN Code 29420025: Ranitidine (this hsn code) | ₹49 Cr | | #9 | [HSN Code 29420021: Terbutoline Sulphate](https://busy.in/hsn/hsn-29420021/) | ₹41 Cr | | #10 | [HSN Code 29420031: Steroids and Derivatives](https://busy.in/hsn/hsn-29420031/) | ₹29 Cr |