GST rates and HSN code for Ayurvedic medicine.
Chapter | Description | HSN Code | Rate (%) | CESS (%) | Effective Date | Rate Revision |
---|---|---|---|---|---|---|
Pharmaceutical products | Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Two Or More Constituents Which Have Been Mixed Together For Therapeutic Or Prophylactic Uses, Not Put Up In Measured Doses Or In Forms Or Packings For Retail Sale Other : Ayurvedic, | 30039011 | 12% | – | 01/07/2017 | – |
Vaccines For Veterinary Medicine | 30024200 | 12% | – | – | – | |
Vaccines For Human Medicine | 300220 | 5% | – | 01/07/2017 | – | |
Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Two Or More Constituents Which Have Been Mixed Together For Therapeutic Or Prophylactic Uses, Not Put Up In Measured Doses Or In Forms Or Packings For Retail Sale Other : Ayurvedic, | 30039012 | 12% | – | 01/07/2017 | – | |
Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Two Or More Constituents Which Have Been Mixed Together For Therapeutic Or Prophylactic Uses, Not Put Up In Measured Doses Or In Forms Or Packings For Retail Sale Other : Ayurvedic, | 30039014 | 12% | – | 01/07/2017 | – | |
Pharmaceutical Goods Specified In Note 4 To This Chapter Gel Preparations Designed To Be Used In Human Or Veterinary Medicine As A Lubricant For Parts Of The Body For Surgical Operations Or Physical Examinations Or As A Coupling Agent Between The Body And | 30067000 | 12% | – | 01/07/2017 | – | |
Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Two Or More Constituents Which Have Been Mixed Together For Therapeutic Or Prophylactic Uses, Not Put Up In Measured Doses Or In Forms Or Packings For Retail Sale Other : Ayurvedic, | 30039013 | 12% | – | 01/07/2017 | – | |
Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Two Or More Constituents Which Have Been Mixed Together For Therapeutic Or Prophylactic Uses, Not Put Up In Measured Doses Or In Forms Or Packings For Retail Sale Other : Ayurvedic, | 30039015 | 12% | – | 01/07/2017 | – | |
Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Mixed Or Unmixed Products For Therapeutic Or Prophylactic Uses, Put Up In Measured Doses (Including Those In The Form Of Transdermal Administration Systems) Or In Forms Or Packings | 30041090 | 12% | – | 01/07/2017 | – | |
Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Mixed Or Unmixed Products For Therapeutic Or Prophylactic Uses, Put Up In Measured Doses (Including Those In The Form Of Transdermal Administration Systems) Or In Forms Or Packings | 30049099 | 12% | – | 01/07/2017 | – | |
Medicaments (Excluding Goods Of Heading 3002, 3005 Or 3006) Consisting Of Mixed Or Unmixed Products For Therapeutic Or Prophylactic Uses, Put Up In Measured Doses (Including Those In The Form Of Transdermal Administration Systems) Or In Forms Or Packings | 3004 | 12% | – | 01/07/2017 | – | |
Project imports; laboratory chemicals; passengers’ baggage, personal importations by air or post; ship stores | Drugs And Medicines | 98041000 | 5% | – | 01/07/2017 | – |
Drugs Or Medicines Including Their Salts And Esters And Diagnostic Test Kits Specified At S.No.180 Above And Formulations Specified At S.No.181 Above, Intended For Personal Use. | 9804 | 5% | – | 01/07/2017 | – | |
Other Drugs And Medicines Intended For Personal Use | 9804 | 12% | – | 01/07/2017 | – |
Ayurvedic medicine holds a significant place in India’s healthcare system, with a rich history and growing market. For businesses involved in manufacturing or selling these products, understanding the correct HSN code is vital for GST compliance. Let’s look at the HSN codes and GST rates for Ayurvedic medicines.
The Harmonized System of Nomenclature (HSN) code for Ayurvedic medicines falls under Chapter 30, which is for “Pharmaceutical products.” Within this chapter, there are two primary headings that apply:
Your provided data focuses on medicaments not put up in measured doses or for retail sale, giving a specific HSN code of 30039011 for Ayurvedic medicines. This code is part of a series for different systems of medicine, including Unani, Siddha, Homoeopathic, and Bio-chemic.
The GST rate for Ayurvedic medicines under HSN codes 3003 and 3004 is 12%. This rate applies to both bulk preparations and finished products sold for retail. This 12% rate has been in effect since July 1, 2017.
It’s important to note that while most Ayurvedic medicines are taxed at 12%, there are some essential or traditional formulations that may fall under a 5% GST rate, especially if they are considered “pure” Ayurvedic medicines. However, based on the data you provided, the standard rate for these medicaments is 12%.
Your data also includes HSN code 9804, which is for “Drugs And Medicines” imported for personal use. This code is not for commercial trade but for small consignments. These personal use medicines can have a GST rate of 5% or 12% depending on the specific type of drug. This is a special classification and does not apply to regular business transactions.
By knowing the correct HSN code, you can ensure accurate GST calculations on your invoices, which is crucial for a compliant and successful business in the Ayurvedic sector.
The HSN code for Ayurvedic medicine is typically 30039011, especially for preparations not in measured doses or for retail sale.
The GST rate for Ayurvedic medicine is 12%.
Ayurvedic medicine is classified under Chapter 30, for “Pharmaceutical products.”
The 12% GST rate has been effective since July 1, 2017.
HSN 9804 is a special code for drugs and medicines imported for personal use.
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