HSN Code 29420025: Ranitidine

HSN Code 29420025 represents Ranitidine under GST classification. This code helps businesses identify Ranitidine correctly for billing, taxation, and trade. With HSN Code 29420025, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Ranitidine.

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Description of Goods for HSN Code 29420025

HSN Code 29420025 relates to the following description.

Description of Goods

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

Chapter

29 - Organic chemicals

Sub Chapter

2942 - Other organic compounds

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29420025 not include?

Ranitidine 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 : Nifedipine

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 : 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

India’s Trade Performance — HSN Code 29420025 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹49 Cr

+28.12% vs FY 2023-24

0.0013% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

First year of recorded data

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹49 Cr

Trade Surplus

Surplus rank #2187 of 12657 HSN codes

% of Sub-Chapter 2942

FY 2024-25

0.45%

Share of Sub-Chapter 2942’s total exports in FY 2024-25

Import side: 0.01% of Sub-Chapter 2942’s imports

Rank Within Sub-Chapter 2942

FY 2024-25

#8 of 18

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

Import-side rank: #12 of 18

At a glance

11.14%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#3657

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+90.51%

Peak Growth Year

FY 2021-22 · strongest single-year move

0.45%

Contribution to Sub-Ch. 2942

Share of Sub-Chapter 2942 exports in FY 2024-25

India Export-Import Trade Statistics for 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 2018-19 Exp. Rank #3757

Balance

+25.87

Exports

25.99 ₹ Cr

0.0011% share

YoY

0.31% of Sub-Ch. 2942

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2942

FY 2019-20 Exp. Rank #3606

Balance

+28.93

Exports

29.69 ₹ Cr

0.0013% share

+14.24% YoY

0.35% of Sub-Ch. 2942

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+533.33% YoY

0.02% of Sub-Ch. 2942

FY 2020-21 Exp. Rank #3511

Balance

+33.17

Exports

33.20 ₹ Cr

0.0015% share

+11.82% YoY

0.35% of Sub-Ch. 2942

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−96.05% YoY

0.00% of Sub-Ch. 2942

FY 2021-22 Exp. Rank #3034

Balance

+63.11

Exports

63.25 ₹ Cr

0.0020% share

+90.51% YoY

0.66% of Sub-Ch. 2942

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+366.67% YoY

0.00% of Sub-Ch. 2942

FY 2022-23 Exp. Rank #3696

Balance

+42.48

Exports

42.48 ₹ Cr

0.0012% share

−32.84% YoY

0.37% of Sub-Ch. 2942

Imports

Nil ₹ Cr

0.0000% share

−100.00% YoY

0.00% of Sub-Ch. 2942

FY 2023-24 Exp. Rank #3904

Balance

+38.23

Exports

38.23 ₹ Cr

0.0011% share

−10.00% YoY

0.35% of Sub-Ch. 2942

Imports

Nil ₹ Cr

0.0000% share

YoY

0.00% of Sub-Ch. 2942

FY 2024-25 Exp. Rank #3657

Balance

+48.74

Exports

48.98 ₹ Cr

0.0013% share

+28.12% YoY

0.45% of Sub-Ch. 2942

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.01% of Sub-Ch. 2942

CAGR · 7-Year

Exports

11.14% /yr

Imports

12.25% /yr

Consistently Surplus
Sub-Chapter 2942 total

reference, FY 2024-25

Export

₹10,794.01 Cr

Import

₹3,330.48 Cr

Trade Balance

+7,463.53

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

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).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29420025 and GST compliance.

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.

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.