--- title: "HSN Code for Medicaments Containing Oxytetracycline | HSN 30042042 GST Rate" description: "Find HSN and GST Rates for 30042042 related to Medicaments Containing Oxytetracycline with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-30042042/" --- # HSN Code 30042042: Medicaments Containing Oxytetracycline - [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 : Tetracyclines : – Oxytetracycline | 6% | 6% | 12% | 0% | ## Frequently asked questions ### What products are classified under HSN 30042042 ? It includes Medicaments Containing Oxytetracycline ### Any common misclassification issue with Medicaments Containing Oxytetracycline? 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 Medicaments Containing Oxytetracycline? Under HSN 30042042, Medicaments Containing Oxytetracycline attracts Varies when sold in taxable form. Describe the exact form on the invoice. ### How should mixed supplies be billed when Medicaments Containing Oxytetracycline is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Medicaments Containing Oxytetracycline; Nil for exempt items if applicable). ### Do e‑way bill and e‑invoice apply for Medicaments Containing Oxytetracycline? 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. ### Does packaging or labelling change the GST for Medicaments Containing Oxytetracycline? 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. ## India's trade performance: HSN Code 30042042 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹13 Cr (−0.84% YoY) — 0.0004% of India's total exports - Imports: Nil — 0.0000% of India's total imports - Trade balance: ₹13 Cr (Surplus); surplus rank #3146 of 12657 HSN codes - Share of Sub-Chapter 3004: 0.01% of its exports; import side 0.00% - Rank within Sub-Chapter 3004: #116 of 149 by export value ### Key metrics - Export CAGR: 0.46% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5452 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +36.99% in FY 2020-21 - Contribution to Sub-Ch. 3004: 0.01% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 30042042 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 | 12.64 | 0.0006% | — | 0.01% | < ₹1 Crore | 0.0000% | — | 0.01% | +11.74 | #4717 | | FY 2019-20 | 5.92 | 0.0003% | −53.16% | 0.01% | Nil | 0.0000% | −100.00% | 0.00% | +5.92 | #5653 | | FY 2020-21 | 8.11 | 0.0004% | +36.99% | 0.01% | Nil | 0.0000% | — | 0.00% | +8.11 | #5354 | | FY 2021-22 | 9.95 | 0.0003% | +22.69% | 0.01% | Nil | 0.0000% | — | 0.00% | +9.95 | #5488 | | FY 2022-23 | 11.68 | 0.0003% | +17.39% | 0.01% | Nil | 0.0000% | — | 0.00% | +11.68 | #5421 | | FY 2023-24 | 13.10 | 0.0004% | +12.16% | 0.01% | Nil | 0.0000% | — | 0.00% | +13.10 | #5360 | | FY 2024-25 | 12.99 | 0.0004% | −0.84% | 0.01% | Nil | 0.0000% | — | 0.00% | +12.99 | #5452 | - CAGR (7-year): exports 0.46%/yr, imports —/yr (consistently Surplus) ## Key trade insights: HSN Code 30042042 export-import analysis ### Consistent export growth: 0.46% CAGR over 7 years India's exports under HSN Code 30042042 have grown at a compound annual rate of 0.46% over 7 fiscal years, rising from ₹12.64 Crore in FY 2018-19 to ₹12.99 Crore in FY 2024-25. ### HSN Code 30042042 ranked #5452 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 30042042 ranks #5452 out of 12657 HSN codes by total export value. Within Sub-Chapter 3004, it ranks #116 of 149. By trade surplus, it ranks #3146 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 30042042 exports The strongest single-year export movement for HSN Code 30042042 was recorded in FY 2020-21, when exports surged by 36.99% over the prior year. ### India maintains a trade surplus of ₹12.99 Crore in HSN Code 30042042 goods In FY 2024-25, India's exports of ₹12.99 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹12.99 Crore — ranking #3146 of 12657 by surplus magnitude. ### HSN Code 30042042 contributes 0.01% of Sub-Chapter 3004 exports — ranked #116 Among the 149 HSN codes under Sub-Chapter 3004, HSN Code 30042042 ranks #116 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share. ## 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 | | #116 | HSN Code 30042042: Medicaments Containing Oxytetracycline (this hsn code) | ₹13 Cr |