28 July 2024
For GST registration as a medicine manufacturer, you will need to use specific HSN codes that cover various pharmaceutical products. Here’s a guide to HSN codes for different types of medicines and related products:
### **HSN Codes for Medicines and Pharmaceuticals**
1. **Medicinal and Pharmaceutical Products:** - **HSN Code:** **3004** - **Description:** Medicaments (excluding those in the form of tablets, capsules, or other specific forms). This includes various medicinal preparations, whether or not containing antibiotics or hormones. - **GST Rate:** **12%** or **18%**, depending on the specific product.
2. **Tablets, Capsules, and Pills:** - **HSN Code:** **3003** - **Description:** Medicaments (including those in the form of tablets, capsules, or pills). - **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 used in the manufacture of medicines. - **GST Rate:** **12%** or **18%**, depending on the specific raw material.
6. **Vaccines:** - **HSN Code:** **3002** - **Description:** Vaccines for human use. - **GST Rate:** **5%**
7. **Surgical and Medical Instruments:** - **HSN Code:** **9018** - **Description:** Instruments and appliances used in medical, surgical, or dental operations. - **GST Rate:** **12%** or **18%**, depending on the specific instrument.
### **Registration Details:**
- **For GST Registration:** You should include the relevant HSN codes for the products you manufacture when applying for GST registration. This will help in determining the applicable GST rates and ensuring compliance. - **HSN Codes Specificity:** If you manufacture a variety of medicines and products, make sure to list all applicable HSN codes in your registration.
Ensure you consult the latest GST notifications or a tax advisor for the most accurate and up-to-date information tailored to your specific products and business.