Chapter 30 – HSN Code & GST Rate for Pharmaceutical Products
Chapter 30 of the Harmonized System of Nomenclature (HSN) covers pharmaceutical products, which are vital for healthcare and medical treatment. These products include medicines, vaccines, and various medicinal preparations used to prevent, diagnose, and treat illnesses and diseases. Understanding the HSN codes and GST rates for Chapter 30 products is essential for businesses in the pharmaceutical industry. Let’s explore the HSN codes and GST rates for Chapter 30 products in India:
Products Description | HSN Codes | Export & Import HSN Codes | GST Rate |
---|---|---|---|
Medicaments (excluding goods of heading 3002, 3005, 3006, 3009, 3010 or 3012) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses incl. those in the form of transdermal admin. systems or in packs for retail sale | 3003 | 300310, 300320, 300331, 300339, 300340, 300390 | 12% |
Medicaments containing antibiotics, put up in measured doses or in forms or packings for retail sale | 3004 | 300410, 300420, 300431, 300432, 300439, 300440 | 12% |
Medicaments containing hormones or steroids, put up in measured doses or in forms or packings for retail sale | 3004 | 300450, 300490 | 12% |
Medicaments containing alkaloids or derivatives thereof, put up in measured doses or in forms or packings for retail sale | 3004 | 300490 | 12% |
Medicaments containing vitamins, put up in measured doses or in forms or packings for retail sale | 3004 | 300450, 300490 | 12% |
Medicaments containing other active principles, put up in measured doses or in forms or packings for retail sale | 3004 | 300490 | 12% |
Sterile surgical catgut, similar sterile materials (including sterile absorbable surgical or dental yarns) and sterile tissue adhesives for surgical wound closure | 3006 | 300610, 300620, 300630 | 12% |
Blood-grouping reagents | 3006 | 300690 | 12% |
Opacifying preparations for X-ray examinations; diagnostic reagents designed to be administered to the patient | 3006 | 300610, 300620, 300630, 300640, 300650 | 12% |
Dental cements and other dental fillings; bone reconstruction cements; chemical contraceptive preparations based on hormones, on other products of heading 2937 or on spermicides | 3006 | 300660, 300670, 300691, 300692, 300699 | 12% |
Waste pharmaceuticals | 3006 | 300690 | 12% |
Please verify these HSN codes, Export & Import HSN Codes, and GST rates with the relevant authorities to ensure compliance with Indian tax regulations. This information serves as a guide for businesses dealing with pharmaceutical products, aiding in accurate tax calculation and invoicing.