---
title: "HSN Code for Menthol crystals | HSN 30039021 GST Rate"
description: "Find HSN and GST Rates for 30039021 related to Menthol crystals with BUSY Accounting - The reliable source for HSN and GST details in India."
canonical: "https://busy.in/hsn/hsn-30039021/"
---

# HSN Code 30039021: Menthol crystals

- [Section 06: Guide to HSN Section 06](https://busy.in/hsn/section-06/)
- [Chapter 30: Pharmaceutical Products](https://busy.in/hsn/chapter-30/)
- [Sub-chapter 3003: Mixed medicaments, therapeutic use](https://busy.in/hsn/sub-chapter-3003/)

## GST rates

| Description | CGST | SGST | IGST | CESS |
| --- | --- | --- | --- | --- |
| Other : – Menthol crystals and milk of magnesia : Menthol crystals | 6% | 6% | 12% | 0% |

## Frequently asked questions

### What products are classified under HSN 30039021 ?

It includes Menthol crystals

### Any common misclassification issue with Menthol crystals?

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

### Do e‑way bill and e‑invoice apply for Menthol crystals?

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.

### How much GST applies to Menthol crystals?

Under HSN 30039021, Menthol crystals attracts Varies when sold in taxable form. Describe the exact form on the invoice.

### Can we claim ITC on inputs used to trade Menthol crystals?

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

### How should mixed supplies be billed when Menthol crystals is sold with other items?

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

## India's trade performance: HSN Code 30039021 (FY 2024-25)

Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25).

- Exports: ₹331 Cr (+5.31% YoY) — 0.0090% of India's total exports
- Imports: < ₹1 Crore (+40.00% YoY) — 0.0000% of India's total imports
- Trade balance: ₹331 Cr (Surplus); surplus rank #854 of 12657 HSN codes
- Share of Sub-Chapter 3003: 12.05% of its exports; import side 0.02%
- Rank within Sub-Chapter 3003: #4 of 24 by export value; import-side #10

### Key metrics

- Export CAGR: -14.42% (FY 2018-19 to FY 2024-25, 7 fiscal years)
- National export rank: #1342 of 12657 HSN codes by export value (FY 2024-25)
- Peak growth year: +5.31% in FY 2024-25
- Contribution to Sub-Ch. 3003: 12.05% of its exports (FY 2024-25)

## India export-import trade statistics: HSN Code 30039021

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. 3003 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3003 | Trade balance | Exp rank |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| FY 2018-19 | 843.90 | 0.0369% | — | 38.65% | < ₹1 Crore | 0.0000% | — | 0.06% | +843.62 | #403 |
| FY 2019-20 | 770.87 | 0.0350% | −8.65% | 34.58% | Nil | 0.0000% | −100.00% | 0.00% | +770.87 | #441 |
| FY 2020-21 | 518.18 | 0.0241% | −32.78% | 19.66% | < ₹1 Crore | 0.0000% | — | 0.17% | +517.30 | #664 |
| FY 2021-22 | 443.04 | 0.0141% | −14.50% | 14.02% | < ₹1 Crore | 0.0000% | −95.45% | 0.00% | +443.00 | #948 |
| FY 2022-23 | 322.06 | 0.0089% | −27.31% | 10.41% | < ₹1 Crore | 0.0000% | +525.00% | 0.03% | +321.81 | #1271 |
| FY 2023-24 | 314.73 | 0.0087% | −2.28% | 10.76% | < ₹1 Crore | 0.0000% | −40.00% | 0.02% | +314.58 | #1346 |
| FY 2024-25 | 331.44 | 0.0090% | +5.31% | 12.05% | < ₹1 Crore | 0.0000% | +40.00% | 0.02% | +331.23 | #1342 |

- CAGR (7-year): exports -14.42%/yr, imports -4.68%/yr (consistently Surplus)

## Key trade insights: HSN Code 30039021 export-import analysis

### Export decline: -14.42% CAGR over 7 years

India's exports under HSN Code 30039021 have declined at a compound annual rate of -14.42% over 7 fiscal years, falling from ₹843.90 Crore in FY 2018-19 to ₹331.44 Crore in FY 2024-25.

### HSN Code 30039021 ranked #1342 among all 12657 HSN codes by export value

In FY 2024-25, HSN Code 30039021 ranks #1342 out of 12657 HSN codes by total export value. Within Sub-Chapter 3003, it ranks #4 of 24. By trade surplus, it ranks #854 of 12657.

### FY 2024-25 was the strongest growth year for HSN Code 30039021 exports

The strongest single-year export movement for HSN Code 30039021 was recorded in FY 2024-25, when exports surged by 5.31% over the prior year.

### India maintains a trade surplus of ₹331.23 Crore in HSN Code 30039021 goods

In FY 2024-25, India's exports of ₹331.44 Cr exceeded imports of ₹0.21 Cr, resulting in a trade surplus of ₹331.23 Crore — ranking #854 of 12657 by surplus magnitude.

### Import growth of -4.68% CAGR signals stable import dependency for Menthol crystals

India's imports under HSN Code 30039021 have grown at -4.68% CAGR, reaching ₹0.21 Crore in FY 2024-25.

### HSN Code 30039021 contributes 12.05% of Sub-Chapter 3003 exports — ranked #4

Among the 24 HSN codes under Sub-Chapter 3003, HSN Code 30039021 ranks #4 by export value — accounting for 12.05% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.02% share (rank #10).

## Related HSN Codes in Sub-Chapter 3003

Ranked by export value (FY 2024-25).

| Rank | HSN Code | Exports (FY 2024-25) |
| --- | --- | --- |
| #1 | [HSN Code 30039090: Medicaments (excl. 3002/3005/3006), Mixed, Not Retail: Other](https://busy.in/hsn/hsn-30039090/) | ₹1,279 Cr |
| #2 | [HSN Code 30039034: Anaesthetic Agents for Medicine](https://busy.in/hsn/hsn-30039034/) | ₹574 Cr |
| #3 | [HSN Code 30039036: Ketamine](https://busy.in/hsn/hsn-30039036/) | ₹333 Cr |
| #4 | HSN Code 30039021: Menthol crystals (this hsn code) | ₹331 Cr |
| #5 | [HSN Code 30039011: Ayurvedic Medicaments](https://busy.in/hsn/hsn-30039011/) | ₹90 Cr |
| #6 | [HSN Code 30032000: Other Antibiotics](https://busy.in/hsn/hsn-30032000/) | ₹50 Cr |
| #7 | [HSN Code 30031000: Penicillins or Streptomycins](https://busy.in/hsn/hsn-30031000/) | ₹26 Cr |
| #8 | [HSN Code 30034900: Other alkaloids and derivatives](https://busy.in/hsn/hsn-30034900/) | ₹19 Cr |
| #9 | [HSN Code 30039033: Calcium Sennoside](https://busy.in/hsn/hsn-30039033/) | ₹16 Cr |
| #10 | [HSN Code 30034100: Ephedrine/Salt Containing Drugs](https://busy.in/hsn/hsn-30034100/) | ₹15 Cr |