--- title: "HSN Code for Glucose/glucose syrup (<20% fructose) - Dextrose - Solid | HSN 17023031 GST Rate" description: "Find HSN and GST Rates for 17023031 related to Glucose/glucose syrup (<20% fructose) - Dextrose - Solid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-17023031/" --- # HSN Code 17023031: Glucose/glucose syrup (<20% fructose) - Dextrose - 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: Dextrose : In Solid Form | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 17023031 ? It includes Glucose/glucose syrup (<20% fructose) - Dextrose - Solid ### Does packaging or labelling change the GST for Glucose/glucose syrup (<20% fructose) - Dextrose - 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. ### How should mixed supplies be billed when Glucose/glucose syrup (<20% fructose) - Dextrose - 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) - Dextrose - Solid; Nil for exempt items if applicable). ### Any common misclassification issue with Glucose/glucose syrup (<20% fructose) - Dextrose - 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. ### Can we claim ITC on inputs used to trade Glucose/glucose syrup (<20% fructose) - Dextrose - 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 much GST applies to Glucose/glucose syrup (<20% fructose) - Dextrose - Solid? Under HSN 17023031, Glucose/glucose syrup (<20% fructose) - Dextrose - Solid 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) - Dextrose - 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. ## India's trade performance: HSN Code 17023031 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹151 Cr (−11.56% YoY) — 0.0041% of India's total exports - Imports: ₹6 Cr (+76.04% YoY) — 0.0001% of India's total imports - Trade balance: ₹144 Cr (Surplus); surplus rank #1356 of 12657 HSN codes - Share of Sub-Chapter 1702: 13.45% of its exports; import side 0.56% - Rank within Sub-Chapter 1702: #3 of 23 by export value; import-side #12 ### Key metrics - Export CAGR: 33.79% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #2149 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +374.57% in FY 2021-22 - Contribution to Sub-Ch. 1702: 13.45% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 17023031 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 | 26.26 | 0.0011% | — | 4.99% | < ₹1 Crore | 0.0000% | — | 0.00% | +26.24 | #3743 | | FY 2019-20 | 11.07 | 0.0005% | −57.84% | 3.07% | < ₹1 Crore | 0.0000% | +900.00% | 0.03% | +10.87 | #4878 | | FY 2020-21 | 30.20 | 0.0014% | +172.81% | 5.62% | 1.40 | 0.0000% | +600.00% | 0.19% | +28.80 | #3650 | | FY 2021-22 | 143.32 | 0.0046% | +374.57% | 14.23% | 1.57 | 0.0000% | +12.14% | 0.20% | +141.75 | #1994 | | FY 2022-23 | 144.15 | 0.0040% | +0.58% | 12.45% | 1.75 | 0.0000% | +11.47% | 0.19% | +142.40 | #2095 | | FY 2023-24 | 170.25 | 0.0047% | +18.11% | 12.96% | 3.59 | 0.0001% | +105.14% | 0.31% | +166.66 | #1959 | | FY 2024-25 | 150.57 | 0.0041% | −11.56% | 13.45% | 6.32 | 0.0001% | +76.04% | 0.56% | +144.25 | #2149 | - CAGR (7-year): exports 33.79%/yr, imports 160.98%/yr (consistently Surplus) ## Key trade insights: HSN Code 17023031 export-import analysis ### Consistent export growth: 33.79% CAGR over 7 years India's exports under HSN Code 17023031 have grown at a compound annual rate of 33.79% over 7 fiscal years, rising from ₹26.26 Crore in FY 2018-19 to ₹150.57 Crore in FY 2024-25. ### HSN Code 17023031 ranked #2149 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 17023031 ranks #2149 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #3 of 23. By trade surplus, it ranks #1356 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 17023031 exports The strongest single-year export movement for HSN Code 17023031 was recorded in FY 2021-22, when exports surged by 374.57% over the prior year. ### India maintains a trade surplus of ₹144.25 Crore in HSN Code 17023031 goods In FY 2024-25, India's exports of ₹150.57 Cr exceeded imports of ₹6.32 Cr, resulting in a trade surplus of ₹144.25 Crore — ranking #1356 of 12657 by surplus magnitude. ### Import growth of 160.98% CAGR signals rising demand for Glucose/glucose syrup (<20% fructose) - Dextrose - Solid India's imports under HSN Code 17023031 have grown at 160.98% CAGR, reaching ₹6.32 Crore in FY 2024-25. ### HSN Code 17023031 contributes 13.45% of Sub-Chapter 1702 exports — ranked #3 Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17023031 ranks #3 by export value — accounting for 13.45% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.56% share (rank #12). ## 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 (this hsn code) | ₹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 |