HSN Code 30039034: Anaesthetic Agents for Medicine

HSN Code 30039034 represents Anaesthetic Agents for Medicine under GST classification. This code helps businesses identify Anaesthetic Agents for Medicine correctly for billing, taxation, and trade. With HSN Code 30039034, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Anaesthetic Agents for Medicine.

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Description of Goods for HSN Code 30039034

HSN Code 30039034 relates to the following description.

Description of Goods

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

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 30039034 not include?

Anaesthetic Agents for Medicine does not include products with the following descriptions.

HSN Code 30031000

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

HSN Code 30033100

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

HSN Code 30033900

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

HSN Code 30034000

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

HSN Code 30034100

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

HSN Code 30034200

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

HSN Code 30034300

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

HSN Code 30036000

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

HSN Code 30039011

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

HSN Code 30039012

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

HSN Code 30039013

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

HSN Code 30039014

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

HSN Code 30039015

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

HSN Code 30039031

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

HSN Code 30039032

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)

HSN Code 30039033

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

HSN Code 30039035

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

HSN Code 30039036

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 30039034 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

₹574 Cr

−5.57% vs FY 2023-24

0.0156% of India’s total exports

India’s Imports

FY 2024-25

₹10 Cr

−36.40% vs FY 2023-24

0.0002% of India’s total imports

Trade Balance

FY 2024-25

₹564 Cr

Trade Surplus

Surplus rank #566 of 12657 HSN codes

% of Sub-Chapter 3003

FY 2024-25

20.85%

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

Import side: 1.05% of Sub-Chapter 3003’s imports

Rank Within Sub-Chapter 3003

FY 2024-25

#2 of 24

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

Import-side rank: #5 of 24

At a glance

16.29%

Export CAGR

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

#893

National Export Rank

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

+70.38%

Peak Growth Year

FY 2020-21 · strongest single-year move

20.85%

Contribution to Sub-Ch. 3003

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

India Export-Import Trade Statistics for HSN Code 30039034

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 #1194

Balance

+222.07

Exports

231.99 ₹ Cr

0.0102% share

— YoY

10.62% of Sub-Ch. 3003

Imports

9.92 ₹ Cr

0.0003% share

— YoY

1.99% of Sub-Ch. 3003

FY 2019-20 Exp. Rank #1042

Balance

+272.51

Exports

281.04 ₹ Cr

0.0128% share

+21.14% YoY

12.61% of Sub-Ch. 3003

Imports

8.53 ₹ Cr

0.0003% share

−14.01% YoY

1.76% of Sub-Ch. 3003

FY 2020-21 Exp. Rank #711

Balance

+473.27

Exports

478.83 ₹ Cr

0.0223% share

+70.38% YoY

18.17% of Sub-Ch. 3003

Imports

5.56 ₹ Cr

0.0002% share

−34.82% YoY

1.08% of Sub-Ch. 3003

FY 2021-22 Exp. Rank #661

Balance

+656.43

Exports

666.25 ₹ Cr

0.0212% share

+39.14% YoY

21.09% of Sub-Ch. 3003

Imports

9.82 ₹ Cr

0.0002% share

+76.62% YoY

0.96% of Sub-Ch. 3003

FY 2022-23 Exp. Rank #1058

Balance

+410.05

Exports

421.24 ₹ Cr

0.0116% share

−36.77% YoY

13.62% of Sub-Ch. 3003

Imports

11.19 ₹ Cr

0.0002% share

+13.95% YoY

1.27% of Sub-Ch. 3003

FY 2023-24 Exp. Rank #806

Balance

+591.60

Exports

607.45 ₹ Cr

0.0168% share

+44.21% YoY

20.78% of Sub-Ch. 3003

Imports

15.85 ₹ Cr

0.0003% share

+41.64% YoY

1.77% of Sub-Ch. 3003

FY 2024-25 Exp. Rank #893

Balance

+563.53

Exports

573.61 ₹ Cr

0.0156% share

−5.57% YoY

20.85% of Sub-Ch. 3003

Imports

10.08 ₹ Cr

0.0002% share

−36.40% YoY

1.05% of Sub-Ch. 3003

CAGR · 7-Year

Exports

16.29% /yr

Imports

0.27% /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 30039034 Export-Import Analysis

Consistent Export Growth: 16.29% CAGR Over 7 Years

India's exports under HSN Code 30039034 have grown at a compound annual rate of 16.29% over 7 fiscal years, rising from ₹231.99 Crore in FY 2018-19 to ₹573.61 Crore in FY 2024-25.

HSN Code 30039034 Ranked #893 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 30039034 ranks #893 out of 12657 HSN codes by total export value. Within Sub-Chapter 3003, it ranks #2 of 24. By trade surplus, it ranks #566 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 30039034 Exports

The strongest single-year export movement for HSN Code 30039034 was recorded in FY 2020-21, when exports surged by 70.38% over the prior year.

India Maintains a Trade Surplus of ₹563.53 Crore in HSN Code 30039034 Goods

In FY 2024-25, India's exports of ₹573.61 Cr exceeded imports of ₹10.08 Cr, resulting in a trade surplus of ₹563.53 Crore — ranking #566 of 12657 by surplus magnitude.

Import Growth of 0.27% CAGR Signals Stable Import Dependency for Anaesthetic Agents for Medicine

India's imports under HSN Code 30039034 have grown at 0.27% CAGR, reaching ₹10.08 Crore in FY 2024-25.

HSN Code 30039034 Contributes 20.85% of Sub-Chapter 3003 Exports — Ranked #2

Among the 24 HSN codes under Sub-Chapter 3003, HSN Code 30039034 ranks #2 by export value — accounting for 20.85% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.05% share (rank #5).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 30039034 and GST compliance.

What products are classified under HSN 30039034 ?

It includes Anaesthetic Agents for Medicine

Does packaging or labelling change the GST for Anaesthetic Agents for Medicine?

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 much GST applies to Anaesthetic Agents for Medicine?

Under HSN 30039034, Anaesthetic Agents for Medicine attracts Varies when sold in taxable form. Describe the exact form on the invoice.

How should mixed supplies be billed when Anaesthetic Agents for Medicine is sold with other items?

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

Can we claim ITC on inputs used to trade Anaesthetic Agents for Medicine?

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

Do e‑way bill and e‑invoice apply for Anaesthetic Agents for Medicine?

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 Anaesthetic Agents for Medicine?

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

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.