HSN Code 35040091 represents Penicillin & Salts (e.g., Procaine Penicillin) under GST classification. This code helps businesses identify Penicillin & Salts (e.g., Procaine Penicillin) correctly for billing, taxation, and trade. With HSN Code 35040091, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Penicillin & Salts (e.g., Procaine Penicillin).
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HSN Code 35040091 relates to the following description.
Albuminoidal substances; modified starches; glues; enzymes
Peptones and their derivatives; other protein substances and their derivatives,not elsewhere specified or included; hide powder, whether or not chromed
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Isolated soya protein
9%
9%
18%
0%
Description of Goods
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Isolated soya protein
Chapter
35 - Albuminoidal substances; modified starches; glues; enzymes
Sub Chapter
3504 - Peptones and their derivatives; other protein substances and their derivatives,not elsewhere specified or included; hide powder, whether or not chromed
CGST
9%
SGST
9%
IGST
18%
CESS
0%
Penicillin & Salts (e.g., Procaine Penicillin) does not include products with the following descriptions.
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Peptones
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Other
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Peptones
Peptones and their derivatives; other protein substances and their derivatives, not elsewhere specified or included; hide powder, whether or not chromed : Other : Other
India’s Exports
FY 2024-25₹17 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹338 Cr
0.0056% of India’s total imports
Trade Balance
FY 2024-25−₹321 Cr
Surplus rank #11624 of 12657 HSN codes
% of Sub-Chapter 3504
FY 2024-255.26%
Share of Sub-Chapter 3504’s total exports in FY 2024-25
Import side: 54.77% of Sub-Chapter 3504’s imports
Rank Within Sub-Chapter 3504
FY 2024-25#3 of 3
Position by export value among HSN codes in Sub-Chapter 3504
Import-side rank: #1 of 3
At a glance
37.93%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5063
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+348.80%
Peak Growth Year
FY 2020-21 · strongest single-year move
5.26%
Contribution to Sub-Ch. 3504
Share of Sub-Chapter 3504 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
−180.71
Exports
2.54 ₹ Cr
0.0001% share
— YoY
3.17% of Sub-Ch. 3504
Imports
183.25 ₹ Cr
0.0051% share
— YoY
70.11% of Sub-Ch. 3504
Balance
−155.77
Exports
3.75 ₹ Cr
0.0002% share
+47.64% YoY
4.88% of Sub-Ch. 3504
Imports
159.52 ₹ Cr
0.0048% share
−12.95% YoY
66.74% of Sub-Ch. 3504
Balance
−173.37
Exports
16.83 ₹ Cr
0.0008% share
+348.80% YoY
14.00% of Sub-Ch. 3504
Imports
190.20 ₹ Cr
0.0065% share
+19.23% YoY
63.15% of Sub-Ch. 3504
Balance
−329.69
Exports
39.01 ₹ Cr
0.0012% share
+131.79% YoY
23.52% of Sub-Ch. 3504
Imports
368.70 ₹ Cr
0.0081% share
+93.85% YoY
74.18% of Sub-Ch. 3504
Balance
−406.33
Exports
23.50 ₹ Cr
0.0006% share
−39.76% YoY
14.03% of Sub-Ch. 3504
Imports
429.83 ₹ Cr
0.0075% share
+16.58% YoY
70.06% of Sub-Ch. 3504
Balance
−334.53
Exports
18.73 ₹ Cr
0.0005% share
−20.30% YoY
8.06% of Sub-Ch. 3504
Imports
353.26 ₹ Cr
0.0063% share
−17.81% YoY
64.31% of Sub-Ch. 3504
Balance
−320.51
Exports
17.49 ₹ Cr
0.0005% share
−6.62% YoY
5.26% of Sub-Ch. 3504
Imports
338.00 ₹ Cr
0.0056% share
−4.32% YoY
54.77% of Sub-Ch. 3504
CAGR · 7-Year
Exports
37.93% /yr
Imports
10.74% /yr
reference, FY 2024-25
Export
₹332.56 Cr
Import
₹617.13 Cr
Trade Balance
−284.57
India's exports under HSN Code 35040091 have grown at a compound annual rate of 37.93% over 7 fiscal years, rising from ₹2.54 Crore in FY 2018-19 to ₹17.49 Crore in FY 2024-25.
In FY 2024-25, HSN Code 35040091 ranks #5063 out of 12657 HSN codes by total export value. Within Sub-Chapter 3504, it ranks #3 of 3. By trade surplus, it ranks #11624 of 12657.
The strongest single-year export movement for HSN Code 35040091 was recorded in FY 2020-21, when exports surged by 348.80% over the prior year.
In FY 2024-25, India's imports of ₹338.00 Cr exceeded exports of ₹17.49 Cr, resulting in a trade deficit of ₹320.51 Crore — ranking #11624 of 12657 by surplus magnitude.
India's imports under HSN Code 35040091 have grown at 10.74% CAGR, reaching ₹338.00 Crore in FY 2024-25.
Among the 3 HSN codes under Sub-Chapter 3504, HSN Code 35040091 ranks #3 by export value — accounting for 5.26% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 54.77% share (rank #1).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 35040091 and GST compliance.
It includes Penicillin & Salts (e.g., Procaine Penicillin)
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Penicillin & Salts (e.g., Procaine Penicillin); Nil for exempt items if applicable).
If your outward supply is taxable, eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42.
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
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.