--- title: "HSN Code for Glucose/glucose syrup (<20% fructose) - Solid | HSN 17023020 GST Rate" description: "Find HSN and GST Rates for 17023020 related to Glucose/glucose syrup (<20% fructose) - Solid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-17023020/" --- # HSN Code 17023020: Glucose/glucose syrup (<20% fructose) - Solid - [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, solid | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 17023020 ? It includes Glucose/glucose syrup (<20% fructose) - Solid ### How much GST applies to Glucose/glucose syrup (<20% fructose) - Solid? Under HSN 17023020, Glucose/glucose syrup (<20% fructose) - Solid attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice. ### Does packaging or labelling change the GST for Glucose/glucose syrup (<20% fructose) - Solid? 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. ### Any common misclassification issue with Glucose/glucose syrup (<20% fructose) - Solid? 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. ### Do e‑way bill and e‑invoice apply for Glucose/glucose syrup (<20% fructose) - Solid? 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. ### Can we claim ITC on inputs used to trade Glucose/glucose syrup (<20% fructose) - Solid? 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. ### How should mixed supplies be billed when Glucose/glucose syrup (<20% fructose) - Solid is sold with other items? Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Glucose/glucose syrup (<20% fructose) - Solid; Nil for exempt items if applicable). ## India's trade performance: HSN Code 17023020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹92 Cr (−4.89% YoY) — 0.0025% of India's total exports - Imports: ₹6 Cr (+68.25% YoY) — 0.0001% of India's total imports - Trade balance: ₹86 Cr (Surplus); surplus rank #1708 of 12657 HSN codes - Share of Sub-Chapter 1702: 8.23% of its exports; import side 0.56% - Rank within Sub-Chapter 1702: #4 of 23 by export value; import-side #11 ### Key metrics - Export CAGR: 31.53% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2771 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +104.01% in FY 2021-22 - Contribution to Sub-Ch. 1702: 8.23% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 17023020 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 | 17.80 | 0.0008% | — | 3.38% | 1.12 | 0.0000% | — | 0.21% | +16.68 | #4253 | | FY 2019-20 | 31.10 | 0.0014% | +74.72% | 8.63% | < ₹1 Crore | 0.0000% | −17.86% | 0.16% | +30.18 | #3554 | | FY 2020-21 | 62.15 | 0.0029% | +99.84% | 11.57% | 2.43 | 0.0001% | +164.13% | 0.34% | +59.72 | #2632 | | FY 2021-22 | 126.79 | 0.0040% | +104.01% | 12.59% | 2.72 | 0.0001% | +11.93% | 0.34% | +124.07 | #2133 | | FY 2022-23 | 90.23 | 0.0025% | −28.84% | 7.79% | 2.36 | 0.0000% | −13.24% | 0.25% | +87.87 | #2679 | | FY 2023-24 | 96.92 | 0.0027% | +7.41% | 7.38% | 3.78 | 0.0001% | +60.17% | 0.32% | +93.14 | #2619 | | FY 2024-25 | 92.18 | 0.0025% | −4.89% | 8.23% | 6.36 | 0.0001% | +68.25% | 0.56% | +85.82 | #2771 | - CAGR (7-year): exports 31.53%/yr, imports 33.57%/yr (consistently Surplus) ## Key trade insights: HSN Code 17023020 export-import analysis ### Consistent export growth: 31.53% CAGR over 7 years India's exports under HSN Code 17023020 have grown at a compound annual rate of 31.53% over 7 fiscal years, rising from ₹17.80 Crore in FY 2018-19 to ₹92.18 Crore in FY 2024-25. ### HSN Code 17023020 ranked #2771 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 17023020 ranks #2771 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #4 of 23. By trade surplus, it ranks #1708 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 17023020 exports The strongest single-year export movement for HSN Code 17023020 was recorded in FY 2021-22, when exports surged by 104.01% over the prior year. ### India maintains a trade surplus of ₹85.82 Crore in HSN Code 17023020 goods In FY 2024-25, India's exports of ₹92.18 Cr exceeded imports of ₹6.36 Cr, resulting in a trade surplus of ₹85.82 Crore — ranking #1708 of 12657 by surplus magnitude. ### Import growth of 33.57% CAGR signals rising demand for Glucose/glucose syrup (<20% fructose) - Solid India's imports under HSN Code 17023020 have grown at 33.57% CAGR, reaching ₹6.36 Crore in FY 2024-25. ### HSN Code 17023020 contributes 8.23% of Sub-Chapter 1702 exports — ranked #4 Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17023020 ranks #4 by export value — accounting for 8.23% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.56% share (rank #11). ## 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](https://busy.in/hsn/hsn-17023010/) | ₹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 (this hsn code) | ₹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 |