HSN Code 17029020: Invert sugar/syrup (>50% fructose) – Chemically pure maltose

HSN Code 17029020 represents Invert sugar/syrup (>50% fructose) – Chemically pure maltose under GST classification. This code helps businesses identify Invert sugar/syrup (>50% fructose) – Chemically pure maltose correctly for billing, taxation, and trade. With HSN Code 17029020, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Invert sugar/syrup (>50% fructose) – Chemically pure maltose.

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Description of Goods for HSN Code 17029020

HSN Code 17029020 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 : Chemically pure maltose

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

9%

SGST

9%

IGST

18%

CESS

0%

What does HSN Code 17029020 not include?

Invert sugar/syrup (>50% fructose) – Chemically pure maltose 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 : Palmyra sugar

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 17029020 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

< ₹1 Crore

−70.89% vs FY 2023-24

0.0000% of India’s total exports

India’s Imports

FY 2024-25

₹21 Cr

+51.72% vs FY 2023-24

0.0003% of India’s total imports

Trade Balance

FY 2024-25

−₹20 Cr

Trade Deficit

Surplus rank #9572 of 12657 HSN codes

% of Sub-Chapter 1702

FY 2024-25

0.02%

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

Import side: 1.82% of Sub-Chapter 1702’s imports

Rank Within Sub-Chapter 1702

FY 2024-25

#16 of 23

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

Import-side rank: #8 of 23

At a glance

19.24%

Export CAGR

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

#9345

National Export Rank

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

+450.00%

Peak Growth Year

FY 2019-20 · strongest single-year move

0.02%

Contribution to Sub-Ch. 1702

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

India Export-Import Trade Statistics for HSN Code 17029020

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 #9301

Balance

−0.44

Exports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.02% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

YoY

0.10% of Sub-Ch. 1702

FY 2019-20 Exp. Rank #8291

Balance

0.00

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+450.00% YoY

0.12% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

−15.38% YoY

0.07% of Sub-Ch. 1702

FY 2020-21 Exp. Rank #8966

Balance

−0.41

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−61.36% YoY

0.03% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+31.82% YoY

0.08% of Sub-Ch. 1702

FY 2021-22 Exp. Rank #8136

Balance

+0.25

Exports

< ₹1 Crore ₹ Cr

0.0000% share

+394.12% YoY

0.08% of Sub-Ch. 1702

Imports

< ₹1 Crore ₹ Cr

0.0000% share

+1.72% YoY

0.07% of Sub-Ch. 1702

FY 2022-23 Exp. Rank #7649

Balance

+0.27

Exports

1.63 ₹ Cr

0.0000% share

+94.05% YoY

0.14% of Sub-Ch. 1702

Imports

1.36 ₹ Cr

0.0000% share

+130.51% YoY

0.15% of Sub-Ch. 1702

FY 2023-24 Exp. Rank #8443

Balance

−12.86

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−51.53% YoY

0.06% of Sub-Ch. 1702

Imports

13.65 ₹ Cr

0.0002% share

+903.68% YoY

1.16% of Sub-Ch. 1702

FY 2024-25 Exp. Rank #9345

Balance

−20.48

Exports

< ₹1 Crore ₹ Cr

0.0000% share

−70.89% YoY

0.02% of Sub-Ch. 1702

Imports

20.71 ₹ Cr

0.0003% share

+51.72% YoY

1.82% of Sub-Ch. 1702

CAGR · 7-Year

Exports

19.24% /yr

Imports

84.80% /yr

Consistently Deficit
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 17029020 Export-Import Analysis

Consistent Export Growth: 19.24% CAGR Over 7 Years

India's exports under HSN Code 17029020 have grown at a compound annual rate of 19.24% over 7 fiscal years, rising from ₹0.08 Crore in FY 2018-19 to ₹0.23 Crore in FY 2024-25.

HSN Code 17029020 Ranked #9345 Among All 12657 HSN codes by Export Value

In FY 2024-25, HSN Code 17029020 ranks #9345 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #16 of 23. By trade surplus, it ranks #9572 of 12657.

FY 2019-20 Was the Strongest Growth Year for HSN Code 17029020 Exports

The strongest single-year export movement for HSN Code 17029020 was recorded in FY 2019-20, when exports surged by 450.00% over the prior year.

India Records a Trade Deficit of ₹20.48 Crore in HSN Code 17029020 Goods

In FY 2024-25, India's imports of ₹20.71 Cr exceeded exports of ₹0.23 Cr, resulting in a trade deficit of ₹20.48 Crore — ranking #9572 of 12657 by surplus magnitude.

Import Growth of 84.80% CAGR Signals Rising Demand for Invert sugar/syrup (>50% fructose) – Chemically pure maltose

India's imports under HSN Code 17029020 have grown at 84.80% CAGR, reaching ₹20.71 Crore in FY 2024-25.

HSN Code 17029020 Contributes 0.02% of Sub-Chapter 1702 Exports — Ranked #16

Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17029020 ranks #16 by export value — accounting for 0.02% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.82% share (rank #8).

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Frequently Asked Questions

Clear answers to common queries about HSN Code 17029020 and GST compliance.

What products are classified under HSN 17029020 ?

It includes Invert sugar/syrup (>50% fructose) – Chemically pure maltose

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

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.

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

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 Invert sugar/syrup (>50% fructose) – Chemically pure maltose 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) – Chemically pure maltose; Nil for exempt items if applicable).

Do e‑way bill and e‑invoice apply for Invert sugar/syrup (>50% fructose) – Chemically pure maltose?

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 Invert sugar/syrup (>50% fructose) – Chemically pure maltose?

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.

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.