HSN Code 17029010: Invert sugar/syrup (>50% fructose) – Palmyra sugar

HSN Code 17029010 represents Invert sugar/syrup (>50% fructose) – Palmyra sugar under GST classification. This code helps businesses identify Invert sugar/syrup (>50% fructose) – Palmyra sugar correctly for billing, taxation, and trade. With HSN Code 17029010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Invert sugar/syrup (>50% fructose) – Palmyra sugar.

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Description of Goods for HSN Code 17029010

HSN Code 17029010 relates to the following description.

Description of Goods

Other, including invert sugar and other sugar and sugar syrup blends containing in the dry state 50% by weight of fructose : Palmyra sugar

Chapter

17 - Sugars and sugar confectionery

Sub Chapter

1702 - Other sugars, including chemically pure lactose, maltose, glucose and fructose,in solid form; sugar syrups not containing added flavouring or colouring matter; artificial honey, whether or not mixed with natural honey; caramel,

CGST

2.5%

SGST

2.5%

IGST

5%

CESS

0%

What does HSN Code 17029010 not include?

Invert sugar/syrup (>50% fructose) – Palmyra sugar does not include products with the following descriptions.

Lactose and lactose syrup : Containing by weight 99% or more lactose, expressed as anhydrous lactose, calculated on the dry matter : In solid form

Lactose and lactose syrup : Containing by weight 99% or more lactose, expressed as anhydrous lactose, calculated on the dry matter : Other

Glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose: Glucose, liquid

Glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose: Glucose, solid

Glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose: Dextrose : In Solid Form

Glucose and glucose syrup, not containing fructose or containing in the dry state less than 20% by weight of fructose: Dextrose : Other

Glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar : Glucose, liquid

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

Glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar : Dextrose : In Solid Form

Glucose and glucose syrup, containing in the dry state at least 20% but less than 50% by weight of fructose, excluding invert sugar : Dextrose : Other

Other fructose and fructose syrup, containing in the dry state more than 50% by weight of fructose, excluding invert sugar: In solid form

Other fructose and fructose syrup, containing in the dry state more than 50% by weight of fructose, excluding invert sugar: Other

Other, including invert sugar and other sugar and sugar syrup blends containing in the dry state 50% by weight of fructose : Chemically pure maltose

Other, including invert sugar and other sugar and sugar syrup blends containing in the dry state 50% by weight of fructose : Artificial honey, whether or not mixed with natural honey

Other, including invert sugar and other sugar and sugar syrup blends containing in the dry state 50% by weight of fructose : Caramel

Other, including invert sugar and other sugar and sugar syrup blends containing in the dry state 50% by weight of fructose : Insulin syrup

Other, Jaggery of all types including cane jaggery (gur), Palmyra Jaggery, pre-packaged and labelled; Khandsari sugar, other than pre-packaged and labelled

Other, Jaggery of all types including cane jaggery (gur), Palmyra Jaggery, pre-packaged and labelled; Khandsari sugar, pre-packaged and labelled

Other, including invert sugar and other sugar and sugar syrup blends containing in the dry state 50% by weight of fructose : Other ( other than Palmyra Jaggery)

India’s Trade Performance — HSN Code 17029010 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹22 Cr

+1.36% vs FY 2023-24

0.0006% of India’s total exports

India’s Imports

FY 2024-25

< ₹1 Crore

+31.37% vs FY 2023-24

0.0000% of India’s total imports

Trade Balance

FY 2024-25

₹21 Cr

Trade Surplus

Surplus rank #2789 of 12657 HSN codes

% of Sub-Chapter 1702

FY 2024-25

1.93%

Share of Sub-Chapter 1702’s total exports in FY 2024-25

Import side: 0.06% of Sub-Chapter 1702’s imports

Rank Within Sub-Chapter 1702

FY 2024-25

#7 of 23

Position by export value among HSN codes in Sub-Chapter 1702

Import-side rank: #17 of 23

At a glance

−1.33%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#4774

National Export Rank

of 12657 HSN codes by export value, FY 2024-25

+40.32%

Peak Growth Year

FY 2020-21 · strongest single-year move

1.93%

Contribution to Sub-Ch. 1702

Share of Sub-Chapter 1702 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Code 17029010

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #3899

Balance

+22.73

Exports

23.41 ₹ Cr

0.0010% share

YoY

4.44% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.13% of Sub-Ch. 1702

FY 2019-20 Exp. Rank #3745

Balance

+20.80

Exports

26.81 ₹ Cr

0.0012% share

+14.52% YoY

7.44% of Sub-Ch. 1702

Imports

6.01 ₹ Cr

0.0002% share

+783.82% YoY

1.02% of Sub-Ch. 1702

FY 2020-21 Exp. Rank #3352

Balance

+35.51

Exports

37.62 ₹ Cr

0.0017% share

+40.32% YoY

7.00% of Sub-Ch. 1702

Imports

2.11 ₹ Cr

0.0001% share

−64.89% YoY

0.29% of Sub-Ch. 1702

FY 2021-22 Exp. Rank #4148

Balance

+26.80

Exports

27.49 ₹ Cr

0.0009% share

−26.93% YoY

2.73% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−67.30% YoY

0.09% of Sub-Ch. 1702

FY 2022-23 Exp. Rank #4813

Balance

+17.15

Exports

17.94 ₹ Cr

0.0005% share

−34.74% YoY

1.55% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+14.49% YoY

0.08% of Sub-Ch. 1702

FY 2023-24 Exp. Rank #4691

Balance

+20.80

Exports

21.31 ₹ Cr

0.0006% share

+18.78% YoY

1.62% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−35.44% YoY

0.04% of Sub-Ch. 1702

FY 2024-25 Exp. Rank #4774

Balance

+20.93

Exports

21.60 ₹ Cr

0.0006% share

+1.36% YoY

1.93% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+31.37% YoY

0.06% of Sub-Ch. 1702

CAGR · 7-Year

Exports

−1.33% /yr

Imports

−0.25% /yr

Consistently Surplus
Sub-Chapter 1702 total

reference, FY 2024-25

Export

₹1,119.60 Cr

Import

₹1,137.98 Cr

Trade Balance

−18.38

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Code 17029010 Export-Import Analysis

Export Decline: −1.33% CAGR Over 7 Years

India's exports under HSN Code 17029010 have declined at a compound annual rate of −1.33% over 7 fiscal years, falling from ₹23.41 Crore in FY 2018-19 to ₹21.60 Crore in FY 2024-25.

HSN Code 17029010 Ranked #4774 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 17029010 ranks #4774 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #7 of 23. By trade surplus, it ranks #2789 of 12657.

FY 2020-21 Was the Strongest Growth Year for HSN Code 17029010 Exports

The strongest single-year export movement for HSN Code 17029010 was recorded in FY 2020-21, when exports surged by 40.32% over the prior year.

India Maintains a Trade Surplus of ₹20.93 Crore in HSN Code 17029010 Goods

In FY 2024-25, India's exports of ₹21.60 Cr exceeded imports of ₹0.67 Cr, resulting in a trade surplus of ₹20.93 Crore — ranking #2789 of 12657 by surplus magnitude.

Import Growth of −0.25% CAGR Signals Stable Import Dependency for Invert sugar/syrup (>50% fructose) – Palmyra sugar

India's imports under HSN Code 17029010 have grown at −0.25% CAGR, reaching ₹0.67 Crore in FY 2024-25.

HSN Code 17029010 Contributes 1.93% of Sub-Chapter 1702 Exports — Ranked #7

Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17029010 ranks #7 by export value — accounting for 1.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.06% share (rank #17).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 17029010 and GST compliance.

What products are classified under HSN 17029010 ?

It includes Invert sugar/syrup (>50% fructose) – Palmyra sugar

Any common misclassification issue with Invert sugar/syrup (>50% fructose) – Palmyra sugar?

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.

How much GST applies to Invert sugar/syrup (>50% fructose) – Palmyra sugar?

Under HSN 17029010, Invert sugar/syrup (>50% fructose) – Palmyra sugar attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.

Does packaging or labelling change the GST for Invert sugar/syrup (>50% fructose) – Palmyra sugar?

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 Invert sugar/syrup (>50% fructose) – Palmyra sugar?

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 Invert sugar/syrup (>50% fructose) – Palmyra sugar is sold with other items?

Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Invert sugar/syrup (>50% fructose) – Palmyra sugar; Nil for exempt items if applicable).

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.