HSN Code 30059040: Other | Bandages

HSN Code 30059040 represents Other | Bandages under GST classification. This code helps businesses identify Other | Bandages correctly for billing, taxation, and trade. With HSN Code 30059040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Bandages.

Live Demo Available Today

Experience the power of Expert Accounting

Join our guided walkthrough to see how BUSY can transform your business operations.

Trusted by 6,00,000+ Users
4.6 Google Rating
+91
expand_more

* No credit card required

Description of Goods for HSN Code 30059040

HSN Code 30059040 relates to the following description.

Description of Goods

Other : Bandages

Chapter

30 - Pharmaceutical products

Sub Chapter

3005 - Wadding, gauze, bandages and similar articles (for example, dressings, adhesive plasters, poultices), impregnated or coated with pharmaceutical substances or put up in forms or packings for retail sale for medical, surgical, dental or veterinary purposes

CGST

6%

SGST

6%

IGST

12%

CESS

0%

What does HSN Code 30059040 not include?

Other | Bandages does not include products with the following descriptions.

HSN Code 30051010

Adhesive dressings and other articles having an adhesive layer : Adhesive guaze

HSN Code 30051020

Adhesive dressings and other articles having an adhesive layer : Adhesive tape

India’s Trade Performance — HSN Code 30059040 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

₹411 Cr

+85.14% vs FY 2023-24

0.0112% of India’s total exports

India’s Imports

FY 2024-25

₹27 Cr

+5.55% vs FY 2023-24

0.0004% of India’s total imports

Trade Balance

FY 2024-25

₹384 Cr

Trade Surplus

Surplus rank #776 of 12657 HSN codes

% of Sub-Chapter 3005

FY 2024-25

51.29%

Share of Sub-Chapter 3005’s total exports in FY 2024-25

Import side: 6.61% of Sub-Chapter 3005’s imports

Rank Within Sub-Chapter 3005

FY 2024-25

#1 of 11

Position by export value among HSN codes in Sub-Chapter 3005

Import-side rank: #5 of 11

At a glance

15.48%

Export CAGR

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

#1167

National Export Rank

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

+85.14%

Peak Growth Year

FY 2024-25 · strongest single-year move

51.29%

Contribution to Sub-Ch. 3005

Share of Sub-Chapter 3005 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 30059040

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 #1455

Balance

+155.27

Exports

173.28 ₹ Cr

0.0076% share

— YoY

44.25% of Sub-Ch. 3005

Imports

18.01 ₹ Cr

0.0005% share

— YoY

8.81% of Sub-Ch. 3005

FY 2019-20 Exp. Rank #1477

Balance

+149.09

Exports

167.53 ₹ Cr

0.0076% share

−3.32% YoY

41.45% of Sub-Ch. 3005

Imports

18.44 ₹ Cr

0.0006% share

+2.39% YoY

7.94% of Sub-Ch. 3005

FY 2020-21 Exp. Rank #1659

Balance

+138.29

Exports

149.40 ₹ Cr

0.0069% share

−10.82% YoY

33.13% of Sub-Ch. 3005

Imports

11.11 ₹ Cr

0.0004% share

−39.75% YoY

4.32% of Sub-Ch. 3005

FY 2021-22 Exp. Rank #1759

Balance

+160.19

Exports

179.42 ₹ Cr

0.0057% share

+20.09% YoY

40.88% of Sub-Ch. 3005

Imports

19.23 ₹ Cr

0.0004% share

+73.09% YoY

6.38% of Sub-Ch. 3005

FY 2022-23 Exp. Rank #1559

Balance

+208.13

Exports

236.32 ₹ Cr

0.0065% share

+31.71% YoY

36.93% of Sub-Ch. 3005

Imports

28.19 ₹ Cr

0.0005% share

+46.59% YoY

7.36% of Sub-Ch. 3005

FY 2023-24 Exp. Rank #1668

Balance

+196.55

Exports

221.95 ₹ Cr

0.0061% share

−6.08% YoY

37.28% of Sub-Ch. 3005

Imports

25.40 ₹ Cr

0.0005% share

−9.90% YoY

7.00% of Sub-Ch. 3005

FY 2024-25 Exp. Rank #1167

Balance

+384.10

Exports

410.91 ₹ Cr

0.0112% share

+85.14% YoY

51.29% of Sub-Ch. 3005

Imports

26.81 ₹ Cr

0.0004% share

+5.55% YoY

6.61% of Sub-Ch. 3005

CAGR · 7-Year

Exports

15.48% /yr

Imports

6.86% /yr

Consistently Surplus
Sub-Chapter 3005 total

reference, FY 2024-25

Export

₹801.13 Cr

Import

₹405.46 Cr

Trade Balance

+395.67

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

Key Trade Insights: HSN Code 30059040 Export-Import Analysis

Consistent Export Growth: 15.48% CAGR Over 7 Years

India's exports under HSN Code 30059040 have grown at a compound annual rate of 15.48% over 7 fiscal years, rising from ₹173.28 Crore in FY 2018-19 to ₹410.91 Crore in FY 2024-25.

HSN Code 30059040 Ranked #1167 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 30059040 ranks #1167 out of 12657 HSN codes by total export value. Within Sub-Chapter 3005, it ranks #1 of 11. By trade surplus, it ranks #776 of 12657.

FY 2024-25 Was the Strongest Growth Year for HSN Code 30059040 Exports

The strongest single-year export movement for HSN Code 30059040 was recorded in FY 2024-25, when exports surged by 85.14% over the prior year.

India Maintains a Trade Surplus of ₹384.10 Crore in HSN Code 30059040 Goods

In FY 2024-25, India's exports of ₹410.91 Cr exceeded imports of ₹26.81 Cr, resulting in a trade surplus of ₹384.10 Crore — ranking #776 of 12657 by surplus magnitude.

Import Growth of 6.86% CAGR Signals Stable Import Dependency for Other | Bandages

India's imports under HSN Code 30059040 have grown at 6.86% CAGR, reaching ₹26.81 Crore in FY 2024-25.

HSN Code 30059040 Contributes 51.29% of Sub-Chapter 3005 Exports — Ranked #1

Among the 11 HSN codes under Sub-Chapter 3005, HSN Code 30059040 ranks #1 by export value — accounting for 51.29% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 6.61% share (rank #5).

Stop worrying about HSN & TAX compliance

BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.

Automatic Updates
Error-free GSTR
6,00,000+ Happy Users
+91
expand_more

* No credit card required

Frequently Asked Questions

Clear answers to common queries about HSN Code 30059040 and GST compliance.

What products are classified under HSN 30059040 ?

It includes Other | Bandages

Can we claim ITC on inputs used to trade Other / Bandages?

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

Does packaging or labelling change the GST for Other / Bandages?

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 should mixed supplies be billed when Other / Bandages is sold with other items?

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

How much GST applies to Other / Bandages?

Under HSN 30059040, Other / Bandages attracts Varies when sold in taxable form. Describe the exact form on the invoice.

Do e‑way bill and e‑invoice apply for Other / Bandages?

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 Other / Bandages?

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.