HSN Code 30031000: Penicillins or Streptomycins

HSN Code 30031000 represents Penicillins or Streptomycins under GST classification. This code helps businesses identify Penicillins or Streptomycins correctly for billing, taxation, and trade. With HSN Code 30031000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Penicillins or Streptomycins.

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Description of Goods for HSN Code 30031000

HSN Code 30031000 relates to the following description.

Description of Goods

Containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives

Chapter

30 - Pharmaceutical products

Sub Chapter

3003 - Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of two or more constituents which have been mixed together for therapeutic or prophylactic uses, not put up in measured doses or in forms or packings for retail sale

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 30031000 not include?

Penicillins or Streptomycins does not include products with the following descriptions.

Containing hormones or other products of heading 2937 but not containing antibiotics : Containing insulin

Containing hormones or other products of heading 2937 but not containing antibiotics : Other

Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of two or more constituents which have been mixed together for therapeutic or prophylactic uses, not put up in measured doses or in forms or packings for retail sale containing alkaloids or derivatives thereof but not containing hormones or other products of heading 2937 or antibiotics

Other, containing alkaloids or derivatives thereof: Containing ephedrine or its salts

Other, containing alkaloids or derivatives thereof: Containing pseudoephedrine (INN) or its salts

Other, containing alkaloids or derivatives thereof: Containing norephedrine or its salts

Other, containing antimalarial active principles described in Sub-heading Note 2 to this Chapter

Other : Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic systems medicaments : Of Ayurvedic system

Other : Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic systems medicaments : Of Unani system

Other : Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic systems medicaments : Of Siddha system

Other : Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic systems medicaments : Of Homoeopathic system

Other : Ayurvedic, Unani, Siddha, Homoeopathic or Bio-chemic systems medicaments : Of Bio-chemic system

Other : Bovine albumin and drugs of animal origin, merbromine national formulary XII (mercurochrome), calcium sennoside, anaesthetic agents used in human or veterinary medicine or surgery, aluminium hydroxide gel : Bovine albumin and drugs of animal origin

Other : Bovine albumin and drugs of animal origin, merbromine national formulary XII (mercurochrome), calcium sennoside, anaesthetic agents used in human or veterinary medicine or surgery, aluminium hydroxide gel : Merbromine national formulary XII (mercurochrome)

Other : Bovine albumin and drugs of animal origin, merbromine national formulary XII (mercurochrome), calcium sennoside, anaesthetic agents used in human or veterinary medicine or surgery, aluminium hydroxide gel : Calcium sennoside

Other : Bovine albumin and drugs of animal origin, merbromine national formulary XII (mercurochrome), calcium sennoside, anaesthetic agents used in human or veterinary medicine or surgery, aluminium hydroxide gel : – Anaesthetic agents used in human or veterinary medicine or surgery

Other : Bovine albumin and drugs of animal origin, merbromine national formulary XII (mercurochrome), calcium sennoside, anaesthetic agents used in human or veterinary medicine or surgery, aluminium hydroxide gel : Aluminium hydroxide gel

Other : Bovine albumin and drugs of animal origin, merbromine national formulary XII (mercurochrome), calcium sennoside, anaesthetic agents used in human or veterinary medicine or surgery, aluminium hydroxide gel : Ketamine

India’s Trade Performance — HSN Code 30031000 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

₹26 Cr

+26.29% vs FY 2023-24

0.0007% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

−99.40% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹26 Cr

Trade Surplus

Surplus rank #2643 of 12657 HSN codes

% of Sub-Chapter 3003

FY 2024-25

0.94%

Share of Sub-Chapter 3003’s total exports in FY 2024-25

Import side: 0.00% of Sub-Chapter 3003’s imports

Rank Within Sub-Chapter 3003

FY 2024-25

#7 of 24

Position by export value among HSN codes in Sub-Chapter 3003

Import-side rank: #11 of 24

At a glance

7.90%

Export CAGR

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

#4518

National Export Rank

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

+36.91%

Peak Growth Year

FY 2020-21 · strongest single-year move

0.94%

Contribution to Sub-Ch. 3003

Share of Sub-Chapter 3003 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 30031000

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 #4344

Balance

+15.19

Exports

16.47 ₹ Cr

0.0007% share

YoY

0.75% of Sub-Ch. 3003

Imports

1.28 ₹ Cr

0.0000% share

YoY

0.26% of Sub-Ch. 3003

FY 2019-20 Exp. Rank #4481

Balance

+14.53

Exports

15.20 ₹ Cr

0.0007% share

−7.71% YoY

0.68% of Sub-Ch. 3003

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−47.66% YoY

0.14% of Sub-Ch. 3003

FY 2020-21 Exp. Rank #4130

Balance

+20.07

Exports

20.81 ₹ Cr

0.0010% share

+36.91% YoY

0.79% of Sub-Ch. 3003

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+10.45% YoY

0.14% of Sub-Ch. 3003

FY 2021-22 Exp. Rank #4570

Balance

+20.38

Exports

20.46 ₹ Cr

0.0007% share

−1.68% YoY

0.65% of Sub-Ch. 3003

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−89.19% YoY

0.01% of Sub-Ch. 3003

FY 2022-23 Exp. Rank #4420

Balance

+24.68

Exports

24.75 ₹ Cr

0.0007% share

+20.97% YoY

0.80% of Sub-Ch. 3003

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−12.50% YoY

0.01% of Sub-Ch. 3003

FY 2023-24 Exp. Rank #4740

Balance

+18.91

Exports

20.58 ₹ Cr

0.0006% share

−16.85% YoY

0.70% of Sub-Ch. 3003

Imports

1.67 ₹ Cr

0.0000% share

+2,285.71% YoY

0.19% of Sub-Ch. 3003

FY 2024-25 Exp. Rank #4518

Balance

+25.98

Exports

25.99 ₹ Cr

0.0007% share

+26.29% YoY

0.94% of Sub-Ch. 3003

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−99.40% YoY

0.00% of Sub-Ch. 3003

CAGR · 7-Year

Exports

7.90% /yr

Imports

−55.46% /yr

Consistently Surplus
Sub-Chapter 3003 total

reference, FY 2024-25

Export

₹2,750.49 Cr

Import

₹961.47 Cr

Trade Balance

+1,789.02

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

Key Trade Insights: HSN Code 30031000 Export-Import Analysis

Consistent Export Growth: 7.90% CAGR Over 7 Years

India's exports under HSN Code 30031000 have grown at a compound annual rate of 7.90% over 7 fiscal years, rising from ₹16.47 Crore in FY 2018-19 to ₹25.99 Crore in FY 2024-25.

HSN Code 30031000 Ranked #4518 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 30031000 ranks #4518 out of 12657 HSN codes by total export value. Within Sub-Chapter 3003, it ranks #7 of 24. By trade surplus, it ranks #2643 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 30031000 Exports

The strongest single-year export movement for HSN Code 30031000 was recorded in FY 2020-21, when exports surged by 36.91% over the prior year.

India Maintains a Trade Surplus of ₹25.98 Crore in HSN Code 30031000 Goods

In FY 2024-25, India's exports of ₹25.99 Cr exceeded imports of ₹0.01 Cr, resulting in a trade surplus of ₹25.98 Crore — ranking #2643 of 12657 by surplus magnitude.

Import Growth of −55.46% CAGR Signals Stable Import Dependency for Penicillins or Streptomycins

India's imports under HSN Code 30031000 have grown at −55.46% CAGR, reaching ₹0.01 Crore in FY 2024-25.

HSN Code 30031000 Contributes 0.94% of Sub-Chapter 3003 Exports — Ranked #7

Among the 24 HSN codes under Sub-Chapter 3003, HSN Code 30031000 ranks #7 by export value — accounting for 0.94% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #11).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 30031000 and GST compliance.

What products are classified under HSN 30031000 ?

It includes Penicillins or Streptomycins

How much GST applies to Penicillins or Streptomycins?

Under HSN 30031000, Penicillins or Streptomycins attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Penicillins or Streptomycins is sold with other items?

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

Do e‑way bill and e‑invoice apply for Penicillins or Streptomycins?

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 Penicillins or Streptomycins?

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 Penicillins or Streptomycins?

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

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.