HSN CODE - 98041000 : DRUGS AND MEDICINES

Harmonised System of Nomenclature (HSN Codes) 98041000 are used for the DRUGS AND MEDICINES 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 98041000

First two digits (98) represent the chapter number which is Chapter 98 - Project imports, Laboratory chemicals, passenger’s baggage, personal importation by air or post; ship stores.

Next two digits (04) represent the heading number which is ALL DUTIABLE ARTICLES, INTENDED FOR PERSONAL USE, IMPORTED BY POST OR AIR, AND EXEMPTED FROM ANY PROHIBITION IN RESPECT OF THE IMPORTS THEREOF UNDER THE FOREIGN TRADE (DEVELOPMENT & REGULATION) ACT, 1992 BUT EXCLUDING ARTICLES FALLING UNDER HEADING 9803

Next two digits (10) represent the product code which is

Last two digits (00) are for final or deeper classification which is DRUGS AND MEDICINES

All 8 digits of HSN code is mandatory for export & imports for tax invoice of GST.