--- title: "HSN Code for Glucose/glucose syrup (<20% fructose) - Liquid | HSN 17023010 GST Rate" description: "Find HSN and GST Rates for 17023010 related to Glucose/glucose syrup (<20% fructose) - Liquid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-17023010/" --- # HSN Code 17023010: Glucose/glucose syrup (<20% fructose) - Liquid - [Section 04: Guide to HSN Section 04](https://busy.in/hsn/section-04/) - [Chapter 17: Sugars and Sugar Confectionery](https://busy.in/hsn/chapter-17/) - [Sub-chapter 1702: Lactose and sugars](https://busy.in/hsn/sub-chapter-1702/) ## GST rates | Description | CGST | SGST | IGST | CESS | | --- | --- | --- | --- | --- | | Glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose: Glucose, liquid | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 17023010 ? It includes Glucose/glucose syrup (<20% fructose) - Liquid ### How much GST applies to Glucose/glucose syrup (<20% fructose) - Liquid? Under HSN 17023010, Glucose/glucose syrup (<20% fructose) - Liquid attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Do e‑way bill and e‑invoice apply for Glucose/glucose syrup (<20% fructose) - Liquid? Generate an e‑way bill if the consignment value exceeds ₹50,000 (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies. ### Any common misclassification issue with Glucose/glucose syrup (<20% fructose) - Liquid? Use the exact HSN and the correct form (fresh/chilled vs. frozen/dried; PPL vs. not). Apply the rate per line to avoid wrong tax collection. ### Can we claim ITC on inputs used to trade Glucose/glucose syrup (<20% fructose) - Liquid? If your outward supply is taxable (5%/12% etc.), eligible ITC is available subject to general restrictions. For exempt/Nil supplies, reverse credit per Rule 42. ### Does packaging or labelling change the GST for Glucose/glucose syrup (<20% fructose) - Liquid? For many agri/food items, GST applies at 5% when they are not fresh/chilled and are sold as pre‑packaged & labelled. Loose or fresh/chilled forms may be Nil. ## India's trade performance: HSN Code 17023010 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹444 Cr (−18.20% YoY) — 0.0121% of India's total exports - Imports: < ₹1 Crore (−88.02% YoY) — 0.0000% of India's total imports - Trade balance: ₹444 Cr (Surplus); surplus rank #708 of 12657 HSN codes - Share of Sub-Chapter 1702: 39.70% of its exports; import side 0.07% - Rank within Sub-Chapter 1702: #1 of 23 by export value; import-side #16 ### Key metrics - Export CAGR: 4.06% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #1102 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +94.58% in FY 2021-22 - Contribution to Sub-Ch. 1702: 39.70% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 17023010 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Sub-Ch. 1702 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Sub-Ch. 1702 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 349.98 | 0.0153% | — | 66.44% | 2.07 | 0.0001% | — | 0.39% | +347.91 | #887 | | FY 2019-20 | 183.78 | 0.0083% | −47.49% | 50.98% | < ₹1 Crore | 0.0000% | −70.05% | 0.11% | +183.16 | #1395 | | FY 2020-21 | 268.97 | 0.0125% | +46.35% | 50.06% | < ₹1 Crore | 0.0000% | −14.52% | 0.07% | +268.44 | #1106 | | FY 2021-22 | 523.37 | 0.0167% | +94.58% | 51.98% | < ₹1 Crore | 0.0000% | +24.53% | 0.08% | +522.71 | #828 | | FY 2022-23 | 602.46 | 0.0166% | +15.11% | 52.04% | 1.25 | 0.0000% | +89.39% | 0.13% | +601.21 | #795 | | FY 2023-24 | 543.34 | 0.0150% | −9.81% | 41.37% | 6.26 | 0.0001% | +400.80% | 0.53% | +537.08 | #882 | | FY 2024-25 | 444.47 | 0.0121% | −18.20% | 39.70% | < ₹1 Crore | 0.0000% | −88.02% | 0.07% | +443.72 | #1102 | - CAGR (7-year): exports 4.06%/yr, imports -15.57%/yr (consistently Surplus) ## Key trade insights: HSN Code 17023010 export-import analysis ### Consistent export growth: 4.06% CAGR over 7 years India's exports under HSN Code 17023010 have grown at a compound annual rate of 4.06% over 7 fiscal years, rising from ₹349.98 Crore in FY 2018-19 to ₹444.47 Crore in FY 2024-25. ### HSN Code 17023010 ranked #1102 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 17023010 ranks #1102 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #1 of 23. By trade surplus, it ranks #708 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 17023010 exports The strongest single-year export movement for HSN Code 17023010 was recorded in FY 2021-22, when exports surged by 94.58% over the prior year. ### India maintains a trade surplus of ₹443.72 Crore in HSN Code 17023010 goods In FY 2024-25, India's exports of ₹444.47 Cr exceeded imports of ₹0.75 Cr, resulting in a trade surplus of ₹443.72 Crore — ranking #708 of 12657 by surplus magnitude. ### Import growth of -15.57% CAGR signals stable import dependency for Glucose/glucose syrup (<20% fructose) - Liquid India's imports under HSN Code 17023010 have grown at -15.57% CAGR, reaching ₹0.75 Crore in FY 2024-25. ### HSN Code 17023010 contributes 39.70% of Sub-Chapter 1702 exports — ranked #1 Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17023010 ranks #1 by export value — accounting for 39.70% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.07% share (rank #16). ## Related HSN Codes in Sub-Chapter 1702 Ranked by export value (FY 2024-25). | Rank | HSN Code | Exports (FY 2024-25) | | --- | --- | --- | | #1 | HSN Code 17023010: Glucose/glucose syrup (<20% fructose) - Liquid (this hsn code) | ₹444 Cr | | #2 | [HSN Code 17029090: Jaggery, Cane Sugar, and Non-Packaged Khandsari Sugar](https://busy.in/hsn/hsn-17029090/) | ₹264 Cr | | #3 | [HSN Code 17023031: Glucose/glucose syrup (<20% fructose) - Dextrose - Solid](https://busy.in/hsn/hsn-17023031/) | ₹151 Cr | | #4 | [HSN Code 17023020: Glucose/glucose syrup (<20% fructose) - Solid](https://busy.in/hsn/hsn-17023020/) | ₹92 Cr | | #5 | [HSN Code 17029040: Invert sugar/syrup (>50% fructose) – Caramel](https://busy.in/hsn/hsn-17029040/) | ₹69 Cr | | #6 | [HSN Code 17021190: Lactose & lactose syrup – 99%+ lactose – Other](https://busy.in/hsn/hsn-17021190/) | ₹42 Cr | | #7 | [HSN Code 17029010: Invert sugar/syrup (>50% fructose) – Palmyra sugar](https://busy.in/hsn/hsn-17029010/) | ₹22 Cr | | #8 | [HSN Code 17021110: Lactose & lactose syrup – 99%+ lactose – Solid form](https://busy.in/hsn/hsn-17021110/) | ₹17 Cr | | #9 | [HSN Code 17029030: Artificial Honey](https://busy.in/hsn/hsn-17029030/) | ₹10 Cr | | #10 | [HSN Code 17023039: Glucose & glucose syrup (<20% fructose) - Dextrose](https://busy.in/hsn/hsn-17023039/) | ₹2 Cr |