HSN Code 30024990 provides the tax 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... under Chapter 30 – Pharmaceutical Products of the GST tariff. Businesses 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 this code for proper invoicing and return filing. Applicable taxes include CGST at 0.06, SGST/UTGST at 0.06, and IGST at 0.12. The recognized unit of measurement is 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 30024990

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... classified under HSN Code 30024990, tax computation follows GST principles. CGST at 0.06 plus SGST/UTGST at 0.06 covers intrastate sales. IGST at 0.12 applies to interstate transactions. kg. is the prescribed measurement for Pharmaceutical Products under Chapter 30.

Who Should Use HSN Code 30024990?

All businesses supplying 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 obligated to use HSN 30024990 on tax invoices. From producers to retailers within Pharmaceutical Products, Chapter 30 classification ensures uniform tax treatment. This requirement applies regardless of turnover or business model.

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 30024990. 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

Using HSN Code 30024990 accurately 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... avoids compliance issues and facilitates credit claims. Monitor changes to 0.06, 0.06, and 0.12 rates for Chapter 30 – Pharmaceutical Products to maintain accurate filings and smooth business operations.

Frequently Asked Questions (FAQs)

What is HSN Code 30024990 used for?

HSN Code 30024990 is used to classify 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 Chapter 30 – Pharmaceutical Products for GST purposes. Businesses must mention this code on invoices to ensure correct tax calculation and compliance.

What are the GST rates applicable on HSN 30024990?

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..., CGST applies at 0.06 and SGST/UTGST at 0.06 for intrastate supplies. Interstate transactions are taxed under IGST at 0.12.

Do I need GST registration 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...?

Yes, GST registration is mandatory for businesses 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... under HSN 30024990. This enables you to legally collect taxes and claim input credits on purchases.

What registrations are required for importing 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...?

For importing goods under Pharmaceutical Products, you need GST registration along with an Import Export Code. Exporters should also obtain AD Code registration for processing international payments.

More HSN codes from Chapter 30

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