--- title: "HSN Code for Fluoroquinolones: Ofloxacin | HSN 30042034 GST Rate" description: "Find HSN and GST Rates for 30042034 related to Fluoroquinolones: Ofloxacin with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-30042034/" --- # HSN Code 30042034: Fluoroquinolones: Ofloxacin - [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 3004: Medicaments for therapeutic uses](https://busy.in/hsn/sub-chapter-3004/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Containing other antibiotics : Fluoroquinolones : Ofloxacin | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 30042034 ? It includes Fluoroquinolones: Ofloxacin ### How should mixed supplies be billed when Fluoroquinolones: Ofloxacin is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Fluoroquinolones: Ofloxacin; Nil for exempt items if applicable). ### Any common misclassification issue with Fluoroquinolones: Ofloxacin? Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection. ### How much GST applies to Fluoroquinolones: Ofloxacin? Under HSN 30042034, Fluoroquinolones: Ofloxacin attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### Does packaging or labelling change the GST for Fluoroquinolones: Ofloxacin? 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. ### Can we claim ITC on inputs used to trade Fluoroquinolones: Ofloxacin? 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 Fluoroquinolones: Ofloxacin? 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. ## India's trade performance: HSN Code 30042034 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹79 Cr (−20.96% YoY) — 0.0022% of India's total exports - Imports: < ₹1 Crore (−48.21% YoY) — 0.0000% of India's total imports - Trade balance: ₹79 Cr (Surplus); surplus rank #1776 of 12657 HSN codes - Share of Sub-Chapter 3004: 0.04% of its exports; import side 0.00% - Rank within Sub-Chapter 3004: #83 of 149 by export value; import-side #57 ### Key metrics - Export CAGR: 7.79% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2982 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +34.24% in FY 2020-21 - Contribution to Sub-Ch. 3004: 0.04% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 30042034 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. 3004 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 3004 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 50.65 | 0.0022% | — | 0.05% | < ₹1 Crore | 0.0000% | — | 0.01% | +49.69 | #2841 | | FY 2019-20 | 50.96 | 0.0023% | +0.61% | 0.05% | < ₹1 Crore | 0.0000% | −95.83% | 0.00% | +50.92 | #2847 | | FY 2020-21 | 68.41 | 0.0032% | +34.24% | 0.05% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +68.37 | #2502 | | FY 2021-22 | 81.41 | 0.0026% | +19.00% | 0.06% | Nil | 0.0000% | −100.00% | 0.00% | +81.41 | #2679 | | FY 2022-23 | 102.23 | 0.0028% | +25.57% | 0.07% | < ₹1 Crore | 0.0000% | — | 0.00% | +102.20 | #2499 | | FY 2023-24 | 100.49 | 0.0028% | −1.70% | 0.06% | < ₹1 Crore | 0.0000% | +1,766.67% | 0.01% | +99.93 | #2568 | | FY 2024-25 | 79.43 | 0.0022% | −20.96% | 0.04% | < ₹1 Crore | 0.0000% | −48.21% | 0.00% | +79.14 | #2982 | - CAGR (7-year): exports 7.79%/yr, imports -18.09%/yr (consistently Surplus) ## Key trade insights: HSN Code 30042034 export-import analysis ### Consistent export growth: 7.79% CAGR over 7 years India's exports under HSN Code 30042034 have grown at a compound annual rate of 7.79% over 7 fiscal years, rising from ₹50.65 Crore in FY 2018-19 to ₹79.43 Crore in FY 2024-25. ### HSN Code 30042034 ranked #2982 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 30042034 ranks #2982 out of 12657 HSN codes by total export value. Within Sub-Chapter 3004, it ranks #83 of 149. By trade surplus, it ranks #1776 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 30042034 exports The strongest single-year export movement for HSN Code 30042034 was recorded in FY 2020-21, when exports surged by 34.24% over the prior year. ### India maintains a trade surplus of ₹79.14 Crore in HSN Code 30042034 goods In FY 2024-25, India's exports of ₹79.43 Cr exceeded imports of ₹0.29 Cr, resulting in a trade surplus of ₹79.14 Crore — ranking #1776 of 12657 by surplus magnitude. ### Import growth of -18.09% CAGR signals stable import dependency for Fluoroquinolones: Ofloxacin India's imports under HSN Code 30042034 have grown at -18.09% CAGR, reaching ₹0.29 Crore in FY 2024-25. ### HSN Code 30042034 contributes 0.04% of Sub-Chapter 3004 exports — ranked #83 Among the 149 HSN codes under Sub-Chapter 3004, HSN Code 30042034 ranks #83 by export value — accounting for 0.04% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #57). ## Related HSN Codes in Sub-Chapter 3004 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Code 30049099: Other therapeutic or prophylactic use products](https://busy.in/hsn/hsn-30049099/) | ₹82,761 Cr | | #2 | [HSN Code 30049049: Other \| Anticancer Drugs](https://busy.in/hsn/hsn-30049049/) | ₹19,872 Cr | | #3 | [HSN Code 30049079: Other \| Antihypertensive Drugs](https://busy.in/hsn/hsn-30049079/) | ₹9,153 Cr | | #4 | [HSN Code 30049069: Nonsteroidal Analgesics & Antipyretics: Other Medicaments](https://busy.in/hsn/hsn-30049069/) | ₹7,577 Cr | | #5 | [HSN Code 30049039: Other Antihistaminics/Antacids/Antiulcer/Antiemetics](https://busy.in/hsn/hsn-30049039/) | ₹5,465 Cr | | #6 | [HSN Code 30041090: Other Penicillins or Streptomycins](https://busy.in/hsn/hsn-30041090/) | ₹3,685 Cr | | #7 | [HSN Code 30042019: Other Cephalosporin Antibiotics](https://busy.in/hsn/hsn-30042019/) | ₹3,036 Cr | | #8 | [HSN Code 30049081: Antiepileptic & Sulfa Drugs](https://busy.in/hsn/hsn-30049081/) | ₹2,870 Cr | | #9 | [HSN Code 30049082: Other Antiepileptic Drugs](https://busy.in/hsn/hsn-30049082/) | ₹2,860 Cr | | #10 | [HSN Code 30049029: Other Anthelmintic/Antiamoebic/Antifungal Drugs](https://busy.in/hsn/hsn-30049029/) | ₹2,697 Cr | | #83 | HSN Code 30042034: Fluoroquinolones: Ofloxacin (this hsn code) | ₹79 Cr |