GST Rate on Medicines
Everything you need to know about the GST taxation for Medicines in India, including HSN code 3004 and the exact tax breakdown.
Applicable GST Rate
Medicaments consisting of mixed or unmixed products for therapeutic uses
5% / 12%
HSN/SAC Code
3004
Tax Split (Intra-State)
Variable — see conditions below
Calculate GST on Medicines
Tax Amount: ₹0.00
Total Inclusive Price: ₹0.00
Understanding Medicines GST & HSN Code 3004
If you are dealing in Medicines, it is mandatory to apply the correct GST rate of 5% / 12% on your invoices. The government classifies this under the HSN/SAC code 3004.
When selling intra-state (within the same state), this tax is split equally into CGST and SGST. For inter-state sales, the full rate is charged as IGST.
Frequently Asked Questions
What is the exact GST rate on Medicines?
The applicable GST rate for Medicines is 5% / 12%.
What is the HSN code for Medicines?
The harmonized system code (HSN/SAC) for Medicines is 3004. It is mandatory to mention this code on tax invoices for B2B transactions.