GST Rate on Medicine
The GST rate on medicine is 5%, under HSN code 3003 (medicaments, two or more constituents). Here is the full breakdown, a worked example, and related rates in Pharmaceuticals.
GST rate breakdown for medicine
- GST rate: 5%
- Intra-state: 2.5% CGST + 2.5% SGST
- Inter-state: 5% IGST
- HSN code on the invoice: 3003
- Also covers: medicament, drug, tablet
Rates reflect the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Confirm the current rate on the official GST portal before invoicing.
Worked example: GST on medicine
- Taxable value: ₹10,000
- GST (5%): ₹500
- Within state: ₹250 CGST + ₹250 SGST
- To another state: ₹500 IGST
- Invoice total: ₹10,500
FAQs about GST on medicine
What is the GST rate on medicine?
The GST rate on medicine is 5%. Intra-state it is 2.5% CGST + 2.5% SGST; inter-state it is 5% IGST. Medicine falls under HSN code 3003.
What is the HSN code for medicine?
Medicine falls under HSN code 3003, which covers medicaments, two or more constituents. Show this code on every GST tax invoice line for medicine.