--- title: "HSN Code for Artificial Honey | HSN 17029030 GST Rate" description: "Find HSN and GST Rates for 17029030 related to Artificial Honey with BUSY Accounting - The reliable source for HSN and GST details in India." canonical: "https://busy.in/hsn/hsn-17029030/" --- # HSN Code 17029030: Artificial Honey - [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 | | --- | --- | --- | --- | --- | | 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 | 9% | 9% | 18% | 0% | ## Frequently asked questions ### What products are classified under HSN 17029030 ? It includes Artificial Honey ### Any common misclassification issue with Artificial Honey? 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 Artificial Honey? 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. ### Does packaging or labelling change the GST for Artificial Honey? 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 much GST applies to Artificial Honey? Under HSN 17029030, Artificial Honey 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 Artificial Honey? 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 17029030 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹10 Cr (+28.45% YoY) — 0.0003% of India's total exports - Imports: < ₹1 Crore (+181.82% YoY) — 0.0000% of India's total imports - Trade balance: ₹10 Cr (Surplus); surplus rank #3322 of 12657 HSN codes - Share of Sub-Chapter 1702: 0.93% of its exports; import side 0.05% - Rank within Sub-Chapter 1702: #9 of 23 by export value; import-side #18 ### Key metrics - Export CAGR: 27.92% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #5738 of 12657 HSN codes by export value (FY 2024-25) - Peak growth year: +117.82% in FY 2020-21 - Contribution to Sub-Ch. 1702: 0.93% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Code 17029030 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 | 2.38 | 0.0001% | — | 0.45% | < ₹1 Crore | 0.0000% | — | 0.03% | +2.22 | #6760 | | FY 2019-20 | 2.02 | 0.0001% | −15.13% | 0.56% | < ₹1 Crore | 0.0000% | −25.00% | 0.02% | +1.90 | #6924 | | FY 2020-21 | 4.40 | 0.0002% | +117.82% | 0.82% | < ₹1 Crore | 0.0000% | −8.33% | 0.02% | +4.29 | #6084 | | FY 2021-22 | 3.99 | 0.0001% | −9.32% | 0.40% | < ₹1 Crore | 0.0000% | +63.64% | 0.02% | +3.81 | #6619 | | FY 2022-23 | 6.10 | 0.0002% | +52.88% | 0.53% | < ₹1 Crore | 0.0000% | −33.33% | 0.01% | +5.98 | #6237 | | FY 2023-24 | 8.12 | 0.0002% | +33.11% | 0.62% | < ₹1 Crore | 0.0000% | +83.33% | 0.02% | +7.90 | #5999 | | FY 2024-25 | 10.43 | 0.0003% | +28.45% | 0.93% | < ₹1 Crore | 0.0000% | +181.82% | 0.05% | +9.81 | #5738 | - CAGR (7-year): exports 27.92%/yr, imports 25.33%/yr (consistently Surplus) ## Key trade insights: HSN Code 17029030 export-import analysis ### Consistent export growth: 27.92% CAGR over 7 years India's exports under HSN Code 17029030 have grown at a compound annual rate of 27.92% over 7 fiscal years, rising from ₹2.38 Crore in FY 2018-19 to ₹10.43 Crore in FY 2024-25. ### HSN Code 17029030 ranked #5738 among all 12657 HSN codes by export value In FY 2024-25, HSN Code 17029030 ranks #5738 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #9 of 23. By trade surplus, it ranks #3322 of 12657. ### FY 2020-21 was the strongest growth year for HSN Code 17029030 exports The strongest single-year export movement for HSN Code 17029030 was recorded in FY 2020-21, when exports surged by 117.82% over the prior year. ### India maintains a trade surplus of ₹9.81 Crore in HSN Code 17029030 goods In FY 2024-25, India's exports of ₹10.43 Cr exceeded imports of ₹0.62 Cr, resulting in a trade surplus of ₹9.81 Crore — ranking #3322 of 12657 by surplus magnitude. ### Import growth of 25.33% CAGR signals rising demand for Artificial Honey India's imports under HSN Code 17029030 have grown at 25.33% CAGR, reaching ₹0.62 Crore in FY 2024-25. ### HSN Code 17029030 contributes 0.93% of Sub-Chapter 1702 exports — ranked #9 Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17029030 ranks #9 by export value — accounting for 0.93% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.05% share (rank #18). ## 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 (this hsn code) | ₹10 Cr | | #10 | [HSN Code 17023039: Glucose & glucose syrup (<20% fructose) - Dextrose](https://busy.in/hsn/hsn-17023039/) | ₹2 Cr |