The HSN code 30022019 precisely identifies "Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera and other blood fractions and modified immunological products, whether or not obtained by means of biotechnological processes; vaccines, toxins, cultures of microorganisms (excluding yeasts) and similar products."
Understanding HSN Code 30022019
The Harmonized System of Nomenclature (HSN) is an internationally recognized product classification system used by customs authorities worldwide. It helps in the systematic classification of goods for customs purposes, enabling uniform interpretation and application of customs duties, taxes, and trade policies. Each HSN code represents a specific category of goods, ensuring consistency in global trade.
Detailed Description of HSN 30022019
HSN code 30022019 falls under Chapter 30, which pertains to "Pharmaceutical Products." This specific sub-heading is dedicated to a critical category of biological and medical preparations.
| HSN Code | Description |
|---|---|
| 30022019 | Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera and other blood fractions and modified immunological products, whether or not obtained by means of biotechnological processes; vaccines, toxins, cultures of microorganisms. |
This comprehensive definition encompasses a wide range of biologically derived substances and products vital for healthcare, research, and veterinary medicine.
Key Applications and Significance
The products classified under HSN 30022019 are indispensable in numerous medical and scientific fields:
- Therapeutic Uses: This includes blood transfusions for patients requiring blood or blood components, as well as specific blood fractions (like albumin or immunoglobulins) used to treat various conditions.
- Prophylactic Uses: Vaccines are a prime example, designed to prevent diseases by stimulating an immune response. Antisera are also used for passive immunization against certain toxins or pathogens.
- Diagnostic Uses: Blood products and cultures of microorganisms are crucial for laboratory tests to diagnose diseases, identify pathogens, and monitor treatment effectiveness.
- Biotechnological Processes: The inclusion of products obtained through biotechnological processes highlights the advanced nature of these medical preparations, covering recombinant proteins, monoclonal antibodies, and other genetically engineered biologicals.
GST Rate Information
In India, for HSN Code 30022019, the applicable Goods and Services Tax (GST) rate is typically Nil (0%). This zero-rated status underscores the essential nature of these medical products, making them more accessible for healthcare providers and patients by exempting them from GST. This beneficial tax treatment aims to support public health initiatives and reduce the cost burden associated with vital medical supplies. Further details on tax rates can often be found through financial and trade resources.
