Within Chapter 30 – Pharmaceutical Products, HSN Code 30024123 serves as the official classification for Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T.... This code determines tax rates and compliance obligations for all entities trading in Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T.... CGST applies at 2.50%, SGST/UTGST at 2.50% for local transactions, and IGST at 5.00% for interstate supplies. Measurement is standardized in kg..
HSN Codes under Chapter 30 – Pharmaceutical Products
Below are related HSN codes from Chapter 30 – Pharmaceutical Products for your reference:
| Chapter | HSN Code | Description | CGST | SGST/UTGST | IGST |
|---|---|---|---|---|---|
| Pharmaceutical Products... | 30011010 | Glands And Other Organs For Organo-Therapeutic Use... | 6.00% | 6.00% | 12.00% |
| Pharmaceutical Products... | 30011091 | Glands And Other Organs For Organo-Therapeutic Use... | 6.00% | 6.00% | 12.00% |
| Pharmaceutical Products... | 30011099 | Glands And Other Organs For Organo-Therapeutic Use... | 0.06 | 0.06 | 0.12 |
| Pharmaceutical Products... | 30012010 | Glands And Other Organs For Organo-Therapeutic Use... | 6.00% | 6.00% | 12.00% |
| Pharmaceutical Products... | 30012020 | Glands And Other Organs For Organo-Therapeutic Use... | 6.00% | 6.00% | 12.00% |
| Pharmaceutical Products... | 30012030 | Glands And Other Organs For Organo-Therapeutic Use... | 6.00% | 6.00% | 12.00% |
| Pharmaceutical Products... | 30012090 | Glands And Other Organs For Organo-Therapeutic Use... | 0.06 | 0.06 | 0.12 |
| Pharmaceutical Products... | 30019010 | Glands And Other Organs For Organo-Therapeutic Use... | 6.00% | 6.00% | 12.00% |
| Pharmaceutical Products... | 30019091 | Glands And Other Organs For Organo-Therapeutic Use... | 6.00% | 6.00% | 12.00% |
| Pharmaceutical Products... | 30019099 | Glands And Other Organs For Organo-Therapeutic Use... | 0.06 | 0.06 | 0.12 |
GST Rates for HSN 30024123
The tax structure for Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T... under HSN Code 30024123 follows a dual taxation model. CGST is levied at 2.50% and SGST/UTGST at 2.50% for intrastate sales. Interstate transactions attract IGST at 5.00%. All invoices must record quantities in kg. as the standard measurement for goods under Chapter 30 – Pharmaceutical Products.
Who Should Use HSN Code 30024123?
Traders, manufacturers, and importers of Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T... are required to mention HSN Code 30024123 on all GST documents. This Pharmaceutical Products classification under Chapter 30 is mandatory for compliance across all business formats including online sellers.
Business Registration Requirements
Planning to trade in Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T...? Complete GST registration to legally collect taxes on goods under HSN 30024123. Businesses importing or exporting Pharmaceutical Products products require an Import Export Code. AD Code registration is essential for exporters to process international payments. Entrepreneurs should secure company registration as the foundational step.
Why Correct Classification Matters
Proper use of HSN Code 30024123 for Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T... streamlines audit processes and supports valid credit claims. Stay updated on 2.50%, 2.50%, and 5.00% rates for Chapter 30 – Pharmaceutical Products through government circulars to ensure uninterrupted compliance.
Frequently Asked Questions (FAQs)
HSN Code 30024123 falls under Chapter 30 – Pharmaceutical Products in the GST tariff schedule. This chapter covers various goods including Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T....
Yes, IGST at 5.00% is applicable when Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T... is supplied interstate or imported. For local sales within a state, CGST at 2.50% and SGST/UTGST at 2.50% apply instead.
Yes, e-commerce sellers dealing in Pharmaceutical Products~Human Blood; Animal Blood Prepared Fortherapeutic, Prophylactic Or Diagnostic Uses; Antisera, Other Blood Fractions And Immunological Products, Whether Or Not Modified Or Obtained By Means Of Biotechnological Processes; Vaccines,T... must use HSN 30024123 on their invoices. This applies to all online platforms operating under Pharmaceutical Products classification.
To import goods under Pharmaceutical Products, complete GST registration first, then obtain an Import Export Code from DGFT. Proper company registration provides the legal foundation for your import operations.