HSN Code 3003: Medicaments, two or more constituents
HSN code 3003 classifies medicaments, two or more constituents under India's GST system. GST rate: 5%.
GST Rate Breakdown
- GST Rate: 5%
- CGST + SGST (intra-state): 2.5% + 2.5%
- IGST (inter-state): 5%
Rate reflects the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Some items vary by price or type, so confirm the current rate on the official GST portal before invoicing.
The 5% slab covers daily-use items and essentials
The 5% slab covers daily-use items and essentials. Medicaments, two or more constituents sits in this bracket, keeping prices low for consumers. Full ITC available.
Sample Calculation for Medicaments, two or more constituents
- Taxable value: ₹10,000
- GST (5%): ₹500
- Intra-state: ₹250 CGST + ₹250 SGST
- Inter-state: ₹500 IGST
- Total: ₹10,500
When to Use HSN Code 3003
Use HSN code 3003 on every tax invoice for medicaments, two or more constituents. Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about HSN 3003
What is HSN code 3003?
HSN code 3003 classifies medicaments, two or more constituents under India's GST system. The applicable GST rate is 5%.
What is the GST rate for Medicaments, two or more constituents?
Medicaments, two or more constituents attracts 5% GST. For intra-state sales: 2.5% CGST + 2.5% SGST. For inter-state: 5% IGST.
Is Medicaments, two or more constituents exempt from GST?
No. Medicaments, two or more constituents attracts 5% GST on every taxable sale.