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HSN Code 29420027: Atenolol and Propranolol

HSN Code 29420027 represents Atenolol and Propranolol under GST classification. This code helps businesses identify Atenolol and Propranolol correctly for billing, taxation, and trade. With HSN Code 29420027, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Atenolol and Propranolol.

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Description of Goods for HSN Code 29420027

HSN Code 29420027 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 : Atenolol, propronalol

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 29420027 not include?

Atenolol and 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 29420026

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

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

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India’s Trade Performance — HSN Code 29420027 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

₹97 Cr

+5.00% vs FY 2024-25

0.0025% of India’s total exports

India’s Imports

FY 2025-26

₹15 Cr

+46.60% vs FY 2024-25

0.0002% of India’s total imports

Trade Balance

FY 2025-26

₹82 Cr

Trade Surplus

Surplus rank #1854 of 12872 HSN codes

% of Sub-Chapter 2942

FY 2025-26

0.88%

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

Import side: 0.45% of Sub-Chapter 2942’s imports

Rank Within Sub-Chapter 2942

FY 2025-26

#5 of 18

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

Import-side rank: #7 of 18

At a glance

4.08%

Export CAGR

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

#2870

National Export Rank

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

+50.02%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.88%

Contribution to Sub-Ch. 2942

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

India Export-Import Trade Statistics for HSN Code 29420027

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 #2365

Balance

+70.36

Exports

73.05 ₹ Cr

0.0032% share

— YoY

0.88% of Sub-Ch. 2942

Imports

2.69 ₹ Cr

0.0001% share

— YoY

0.09% of Sub-Ch. 2942

FY 2019-20 Exp. Rank #2265

Balance

+80.41

Exports

80.92 ₹ Cr

0.0037% share

+10.77% YoY

0.97% of Sub-Ch. 2942

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−81.04% YoY

0.01% of Sub-Ch. 2942

FY 2020-21 Exp. Rank #1877

Balance

+116.77

Exports

121.40 ₹ Cr

0.0056% share

+50.02% YoY

1.29% of Sub-Ch. 2942

Imports

4.63 ₹ Cr

0.0002% share

+807.84% YoY

0.12% of Sub-Ch. 2942

FY 2021-22 Exp. Rank #2249

Balance

+110.02

Exports

112.34 ₹ Cr

0.0036% share

−7.46% YoY

1.17% of Sub-Ch. 2942

Imports

2.32 ₹ Cr

0.0001% share

−49.89% YoY

0.06% of Sub-Ch. 2942

FY 2022-23 Exp. Rank #2507

Balance

+93.34

Exports

101.54 ₹ Cr

0.0028% share

−9.61% YoY

0.89% of Sub-Ch. 2942

Imports

8.20 ₹ Cr

0.0001% share

+253.45% YoY

0.25% of Sub-Ch. 2942

FY 2023-24 Exp. Rank #2545

Balance

+100.38

Exports

102.92 ₹ Cr

0.0028% share

+1.36% YoY

0.94% of Sub-Ch. 2942

Imports

2.54 ₹ Cr

0.0000% share

−69.02% YoY

0.08% of Sub-Ch. 2942

FY 2024-25 Exp. Rank #2775

Balance

+82.04

Exports

92.04 ₹ Cr

0.0025% share

−10.57% YoY

0.85% of Sub-Ch. 2942

Imports

10.00 ₹ Cr

0.0002% share

+293.70% YoY

0.30% of Sub-Ch. 2942

FY 2025-26 Exp. Rank #2870

Balance

+81.98

Exports

96.64 ₹ Cr

0.0025% share

+5.00% YoY

0.88% of Sub-Ch. 2942

Imports

14.66 ₹ Cr

0.0002% share

+46.60% YoY

0.45% of Sub-Ch. 2942

CAGR · 8-Year

Exports

4.08% /yr

Imports

27.41% /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 29420027 Export-Import Analysis

Consistent Export Growth: 4.08% CAGR Over 8 Years

India's exports under HSN Code 29420027 have grown at a compound annual rate of 4.08% over 8 fiscal years, rising from ₹73.05 Crore in FY 2018-19 to ₹96.64 Crore in FY 2025-26.

HSN Code 29420027 Ranked #2870 Among All 12872 HSN codes by Export Value

In FY 2025-26, HSN Code 29420027 ranks #2870 out of 12872 HSN codes by total export value. Within Sub-Chapter 2942, it ranks #5 of 18. By trade surplus, it ranks #1854 of 12872.

FY 2020-21 Was the Strongest Growth Year for HSN Code 29420027 Exports

The strongest single-year export movement for HSN Code 29420027 was recorded in FY 2020-21, when exports surged by 50.02% over the prior year.

India Maintains a Trade Surplus of ₹81.98 Crore in HSN Code 29420027 Goods

In FY 2025-26, India's exports of ₹96.64 Cr exceeded imports of ₹14.66 Cr, resulting in a trade surplus of ₹81.98 Crore — ranking #1854 of 12872 by surplus magnitude.

Import Growth of 27.41% CAGR Signals Rising Demand for Atenolol and Propranolol

India's imports under HSN Code 29420027 have grown at 27.41% CAGR, reaching ₹14.66 Crore in FY 2025-26.

HSN Code 29420027 Contributes 0.88% of Sub-Chapter 2942 Exports — Ranked #5

Among the 18 HSN codes under Sub-Chapter 2942, HSN Code 29420027 ranks #5 by export value — accounting for 0.88% of the sub-chapter's total exports in FY 2025-26. On the import side, it holds 0.45% share (rank #7).

Frequently Asked Questions

Clear answers to common queries about HSN Code 29420027 and GST compliance.

What products are classified under HSN 29420027 ?

It includes Atenolol and Propranolol

Any common misclassification issue with Atenolol and Propranolol?

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

How should mixed supplies be billed when Atenolol and Propranolol is sold with other items?

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

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

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

How much GST applies to Atenolol and Propranolol?

Under HSN 29420027, Atenolol and Propranolol attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Does packaging or labelling change the GST for Atenolol and 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.

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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.