Why this template?

Pharmacies sell medicines attracting 5% or 12% GST depending on the formulation, while medical devices and surgical instruments fall under HSN 9018 at 12%. Ayurvedic and homeopathic medicines have separate HSN codes. Life-saving drugs notified by government attract 5% or nil rates.

Common HSN/SAC codes for Pharmacy & Medical Store

Code	Description	GST Rate
3004	Medicaments (formulated medicines)	12%
3004	Life-saving drugs (notified)	5%
9018	Surgical instruments and devices	12%
3401	Soaps and disinfectants	18%
3006	Pharmaceutical goods (sterile sutures etc.)	12%

Sample line items

Prescription medicines (3004)
OTC tablets and syrups
Surgical gloves and bandages
BP monitor / glucometer
Vitamin and supplement packs

Industry-specific notes

Most allopathic medicines under HSN 3004: 12% GST
Specific life-saving drugs notified by Govt: 5% or nil
Medical devices (HSN 9018): 12% GST
Ayurvedic medicines (HSN 3003): 12% for branded, check notification for exemptions
GST registration mandatory if turnover exceeds ₹40L (goods) or ₹20L (services)