Hsn code reg

This query is : Resolved

Report Abuse Follow Query Ask a Query

NITIN

NITIN (Querist)
Follow

30 April 2017 I am medicine manufacturer please give me HSN code for GST Registration purpose.

THANKS

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
Follow

07 May 2017 You can download HSN Code list from below link https://www.caclubindia.com/share_files/hsn-code-with-product-name-72856.asp

Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
Follow

28 July 2024 For GST registration as a medicine manufacturer, you will need to use specific HSN codes related to the products you manufacture. Here’s a general guide on HSN codes for various pharmaceutical products:

### **HSN Codes for Medicines and Pharmaceuticals**

1. **Medicinal and Pharmaceutical Products:**
- **HSN Code:** **3004**
- **Description:** Medicaments (excluding those in the form of tablets, powders, or other specific forms).
- **GST Rate:** **12%** or **18%**, depending on the specific medicament.

2. **Tablets, Capsules, and Pills:**
- **HSN Code:** **3003**
- **Description:** Medicaments (excluding those for dental care or for use in specific forms such as tablets, capsules).
- **GST Rate:** **12%** or **18%**, depending on the specific product.

3. **Medicinal Oils:**
- **HSN Code:** **3004**
- **Description:** Medicinal oils and other medicinal products in liquid form.
- **GST Rate:** **12%** or **18%**, depending on the specific product.

4. **Pharmaceutical Raw Materials and Chemicals:**
- **HSN Code:** **2933**
- **Description:** Medicinal chemicals and plant extracts.
- **GST Rate:** **12%** or **18%**, depending on the specific raw material.

5. **Homeopathic Medicines:**
- **HSN Code:** **3004**
- **Description:** Homeopathic medicaments.
- **GST Rate:** **12%**

6. **Vaccines:**
- **HSN Code:** **3002**
- **Description:** Vaccines for human use.
- **GST Rate:** **5%**

### **General Notes:**

- **GST Rate Variations:** The GST rate for medicines and pharmaceutical products can vary depending on the exact nature of the product and its classification. It is advisable to check the specific GST rate applicable to each product under the GST rate schedule or consult with a tax advisor for precise information.
- **Documentation:** When applying for GST registration, make sure to specify the HSN codes for the products you manufacture, as it will determine the applicable GST rates and compliance requirements.

### **Summary:**

- **Medicinal Products (General):** **HSN Code 3004** (GST Rate: **12%** or **18%**)
- **Tablets/Capsules/Pills:** **HSN Code 3003** (GST Rate: **12%** or **18%**)
- **Medicinal Oils:** **HSN Code 3004** (GST Rate: **12%** or **18%**)
- **Pharmaceutical Chemicals:** **HSN Code 2933** (GST Rate: **12%** or **18%**)
- **Homeopathic Medicines:** **HSN Code 3004** (GST Rate: **12%**)
- **Vaccines:** **HSN Code 3002** (GST Rate: **5%**)

Make sure to refer to the latest GST notifications and schedules or consult a GST professional for the most accurate and up-to-date information.

Upgrade to CAclubindia Pro. Subscribe Now!