--- title: "HSN Code for Glucose/glucose syrup (20-50% fructose) – Solid | HSN 17024020 GST Rate" description: "Find HSN and GST Rates for 17024020 related to Glucose/glucose syrup (20-50% fructose) – Solid with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-17024020/" --- # HSN Code 17024020: Glucose/glucose syrup (20-50% 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, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar : Glucose, solid | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 17024020 ? It includes Glucose/glucose syrup (20-50% fructose) – Solid ### Do e‑way bill and e‑invoice apply for Glucose/glucose syrup (20-50% 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. ### How much GST applies to Glucose/glucose syrup (20-50% fructose) – Solid? Under HSN 17024020, Glucose/glucose syrup (20-50% 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 (20-50% 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. ### Can we claim ITC on inputs used to trade Glucose/glucose syrup (20-50% 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. ### Any common misclassification issue with Glucose/glucose syrup (20-50% 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. ## India's trade performance: HSN Code 17024020 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: < ₹1 Crore (+46.51% YoY) — 0.0000% of India's total exports - Imports: < ₹1 Crore (+25.00% YoY) — 0.0000% of India's total imports - Trade balance: < ₹1 Crore (Surplus); surplus rank #4745 of 12657 HSN codes - Share of Sub-Chapter 1702: 0.06% of its exports; import side 0.00% - Rank within Sub-Chapter 1702: #14 of 23 by export value; import-side #19 ### Key metrics - Export CAGR: -25.11% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #8641 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +468.52% in FY 2021-22 - Contribution to Sub-Ch. 1702: 0.06% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 17024020 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 | 3.57 | 0.0002% | — | 0.68% | < ₹1 Crore | 0.0000% | — | 0.09% | +3.10 | #6276 | | FY 2019-20 | 1.37 | 0.0001% | −61.62% | 0.38% | Nil | 0.0000% | −100.00% | 0.00% | +1.37 | #7298 | | FY 2020-21 | 2.16 | 0.0001% | +57.66% | 0.40% | < ₹1 Crore | 0.0000% | — | 0.00% | +2.15 | #6895 | | FY 2021-22 | 12.28 | 0.0004% | +468.52% | 1.22% | < ₹1 Crore | 0.0000% | +200.00% | 0.00% | +12.25 | #5215 | | FY 2022-23 | 1.89 | 0.0001% | −84.61% | 0.16% | < ₹1 Crore | 0.0000% | 0.00% | 0.00% | +1.86 | #7500 | | FY 2023-24 | < ₹1 Crore | 0.0000% | −77.25% | 0.03% | < ₹1 Crore | 0.0000% | +33.33% | 0.00% | +0.39 | #8919 | | FY 2024-25 | < ₹1 Crore | 0.0000% | +46.51% | 0.06% | < ₹1 Crore | 0.0000% | +25.00% | 0.00% | +0.58 | #8641 | - CAGR (7-year): exports -25.11%/yr, imports -31.16%/yr (consistently Surplus) ## Key trade insights: HSN Code 17024020 export-import analysis ### Export decline: -25.11% CAGR over 7 years India's exports under HSN Code 17024020 have declined at a compound annual rate of -25.11% over 7 fiscal years, falling from ₹3.57 Crore in FY 2018-19 to ₹0.63 Crore in FY 2024-25. ### HSN Code 17024020 ranked #8641 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 17024020 ranks #8641 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #14 of 23. By trade surplus, it ranks #4745 of 12657. ### FY 2021-22 was the strongest growth year for HSN Code 17024020 exports The strongest single-year export movement for HSN Code 17024020 was recorded in FY 2021-22, when exports surged by 468.52% over the prior year. ### India maintains a trade surplus of ₹0.58 Crore in HSN Code 17024020 goods In FY 2024-25, India's exports of ₹0.63 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹0.58 Crore — ranking #4745 of 12657 by surplus magnitude. ### Import growth of -31.16% CAGR signals stable import dependency for Glucose/glucose syrup (20-50% fructose) – Solid India's imports under HSN Code 17024020 have grown at -31.16% CAGR, reaching ₹0.05 Crore in FY 2024-25. ### HSN Code 17024020 contributes 0.06% of Sub-Chapter 1702 exports — ranked #14 Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17024020 ranks #14 by export value — accounting for 0.06% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #19). ## 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](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 | | #14 | HSN Code 17024020: Glucose/glucose syrup (20-50% fructose) – Solid (this hsn code) | < ₹1 Crore |