HSN Code 29420026: Atenolol/Propranolol

HSN Code 29420026 represents Atenolol/Propranolol under GST classification. This code helps businesses identify Atenolol/Propranolol correctly for billing, taxation, and trade. With HSN Code 29420026, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Atenolol/Propranolol.

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Description of Goods for HSN Code 29420026

HSN Code 29420026 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 : Cysteanune HCl

Chapter

29 - Organic chemicals

Sub Chapter

2942 - Other organic compounds

CGST

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 29420026 not include?

Atenolol/Propranolol does not include products with the following descriptions.

HSN Code 29420011

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

HSN Code 29420012

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

HSN Code 29420013

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

HSN Code 29420014

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

HSN Code 29420015

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

HSN Code 29420016

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

HSN Code 29420021

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

HSN Code 29420022

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

HSN Code 29420023

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)

HSN Code 29420024

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

HSN Code 29420025

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

HSN Code 29420027

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

HSN Code 29420031

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

HSN Code 29420032

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

HSN Code 29420033

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

HSN Code 29420034

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

India’s Trade Performance — HSN Code 29420026 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

Nil

First year of recorded data

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹24 Cr

+17.51% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

−₹24 Cr

Trade Deficit

Surplus rank #9676 of 12657 HSN codes

% of Sub-Chapter 2942

FY 2024-25

0.00%

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

Import side: 0.73% of Sub-Chapter 2942’s imports

India Export-Import Trade Statistics for HSN Code 29420026

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

Balance

−98.46

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2942

Imports

98.46 ₹ Cr

0.0027% share

— YoY

3.18% of Sub-Ch. 2942

FY 2019-20

Balance

−41.48

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2942

Imports

41.48 ₹ Cr

0.0012% share

−57.87% YoY

1.19% of Sub-Ch. 2942

FY 2020-21

Balance

−28.11

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2942

Imports

28.11 ₹ Cr

0.0010% share

−32.23% YoY

0.74% of Sub-Ch. 2942

FY 2021-22

Balance

−36.21

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2942

Imports

36.21 ₹ Cr

0.0008% share

+28.82% YoY

0.97% of Sub-Ch. 2942

FY 2022-23

Balance

−27.52

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2942

Imports

27.52 ₹ Cr

0.0005% share

−24.00% YoY

0.84% of Sub-Ch. 2942

FY 2023-24

Balance

−20.56

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2942

Imports

20.56 ₹ Cr

0.0004% share

−25.29% YoY

0.64% of Sub-Ch. 2942

FY 2024-25

Balance

−24.16

Exports

Nil ₹ Cr

0.0000% share

— YoY

0.00% of Sub-Ch. 2942

Imports

24.16 ₹ Cr

0.0004% share

+17.51% YoY

0.73% of Sub-Ch. 2942

CAGR · 7-Year

Exports

—

Imports

−20.88% /yr

Consistently Deficit
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 29420026 Export-Import Analysis

Export Snapshot for HSN Code 29420026

India exported ₹0.00 Crore worth of Atenolol/Propranolol in FY 2024-25. Multi-year trend data is being compiled for this hsn code.

India Records a Trade Deficit of ₹24.16 Crore in HSN Code 29420026 Goods

In FY 2024-25, India's imports of ₹24.16 Cr exceeded exports of ₹0.00 Cr, resulting in a trade deficit of ₹24.16 Crore — ranking #9676 of 12657 by surplus magnitude.

Import Growth of −20.88% CAGR Signals Stable Import Dependency for Atenolol/Propranolol

India's imports under HSN Code 29420026 have grown at −20.88% CAGR, reaching ₹24.16 Crore in FY 2024-25.

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Frequently Asked Questions

Clear answers to common queries about HSN Code 29420026 and GST compliance.

What products are classified under HSN 29420026 ?

It includes Atenolol/Propranolol

How much GST applies to Atenolol/Propranolol?

Under HSN 29420026, Atenolol/Propranolol attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Atenolol/Propranolol?

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 Atenolol/Propranolol?

Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.

Can we claim ITC on inputs used to trade Atenolol/Propranolol?

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

Does packaging or labelling change the GST for Atenolol/Propranolol?

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 Atenolol/Propranolol is sold with other items?

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

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.