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HSN CODE - 30043190 : OTHER MEDICAMENTS CONTAINING INSULIN
Harmonised System of Nomenclature (HSN Codes) 30043190 are used for the OTHER MEDICAMENTS CONTAINING INSULIN products under Goods and Service Tax classification.
India was originally using 6 digit HSN codes to classify commodities but later two more digits were added to make the codes more precise, resulting in an 8 digit classification.
Understanding HSN Code 30043190
First two digits (30) represent the chapter number which is Chapter 30 - Pharmaceutical products
Next two digits (04) represent the heading number which is UNSATURATED ACYCLIC MONOCARBOXYLIC ACIDS, CYCLIC MONOCARBOXYLIC ACIDS, THEIR ANHYDRIDES, HALIDES, PEROXIDES AND PEROXYACIDS; THEIR HALOGENATED, SULPHONATED, NITRATED OR NITROSATED DERIVATIVES
Next two digits (31) represent the product code which is Containing insulin
Last two digits (90) are for final or deeper classification which is OTHER MEDICAMENTS CONTAINING INSULIN
All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.