HSN Code 17029040 represents Invert sugar/syrup (>50% fructose) – Caramel under GST classification. This code helps businesses identify Invert sugar/syrup (>50% fructose) – Caramel correctly for billing, taxation, and trade. With HSN Code 17029040, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Invert sugar/syrup (>50% fructose) – Caramel.
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HSN Code 17029040 relates to the following description.
Sugars and sugar confectionery
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,
Other, including invert sugar and other sugar and sugar syrup blends containing in the dry state 50% by weight of fructose : Caramel
9%
9%
18%
0%
Description of Goods
Other, including invert sugar and other sugar and sugar syrup blends containing in the dry state 50% by weight of fructose : Caramel
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%
Invert sugar/syrup (>50% fructose) – Caramel 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
Lactose and lactose syrup : Other : In solid form
Lactose and lactose syrup : Other : Other
Maple sugar and maple syrup: In solid form
Maple sugar and maple syrup: 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
Chemically pure fructose
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 : 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 : 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)
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
Lactose and lactose syrup : Other : In solid form
Lactose and lactose syrup : Other : Other
Maple sugar and maple syrup: In solid form
Maple sugar and maple syrup: 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
Chemically pure fructose
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 : 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 : 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 Exports
FY 2024-25₹69 Cr
0.0019% of India’s total exports
India’s Imports
FY 2024-25₹2 Cr
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹67 Cr
Surplus rank #1925 of 12657 HSN codes
% of Sub-Chapter 1702
FY 2024-256.19%
Share of Sub-Chapter 1702’s total exports in FY 2024-25
Import side: 0.20% of Sub-Chapter 1702’s imports
Rank Within Sub-Chapter 1702
FY 2024-25#5 of 23
Position by export value among HSN codes in Sub-Chapter 1702
Import-side rank: #15 of 23
At a glance
23.00%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#3170
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+46.45%
Peak Growth Year
FY 2023-24 · strongest single-year move
6.19%
Contribution to Sub-Ch. 1702
Share of Sub-Chapter 1702 exports in FY 2024-25
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+16.19
Exports
20.02 ₹ Cr
0.0009% share
— YoY
3.80% of Sub-Ch. 1702
Imports
3.83 ₹ Cr
0.0001% share
— YoY
0.72% of Sub-Ch. 1702
Balance
+15.43
Exports
19.09 ₹ Cr
0.0009% share
−4.65% YoY
5.30% of Sub-Ch. 1702
Imports
3.66 ₹ Cr
0.0001% share
−4.44% YoY
0.62% of Sub-Ch. 1702
Balance
+21.83
Exports
22.75 ₹ Cr
0.0011% share
+19.17% YoY
4.23% of Sub-Ch. 1702
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−74.86% YoY
0.13% of Sub-Ch. 1702
Balance
+27.13
Exports
27.79 ₹ Cr
0.0009% share
+22.15% YoY
2.76% of Sub-Ch. 1702
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−28.26% YoY
0.08% of Sub-Ch. 1702
Balance
+34.16
Exports
37.61 ₹ Cr
0.0010% share
+35.34% YoY
3.25% of Sub-Ch. 1702
Imports
3.45 ₹ Cr
0.0001% share
+422.73% YoY
0.37% of Sub-Ch. 1702
Balance
+51.60
Exports
55.08 ₹ Cr
0.0015% share
+46.45% YoY
4.19% of Sub-Ch. 1702
Imports
3.48 ₹ Cr
0.0001% share
+0.87% YoY
0.30% of Sub-Ch. 1702
Balance
+67.05
Exports
69.33 ₹ Cr
0.0019% share
+25.87% YoY
6.19% of Sub-Ch. 1702
Imports
2.28 ₹ Cr
0.0000% share
−34.48% YoY
0.20% of Sub-Ch. 1702
CAGR · 7-Year
Exports
23.00% /yr
Imports
−8.28% /yr
reference, FY 2024-25
Export
₹1,119.60 Cr
Import
₹1,137.98 Cr
Trade Balance
−18.38
India's exports under HSN Code 17029040 have grown at a compound annual rate of 23.00% over 7 fiscal years, rising from ₹20.02 Crore in FY 2018-19 to ₹69.33 Crore in FY 2024-25.
In FY 2024-25, HSN Code 17029040 ranks #3170 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #5 of 23. By trade surplus, it ranks #1925 of 12657.
The strongest single-year export movement for HSN Code 17029040 was recorded in FY 2023-24, when exports surged by 46.45% over the prior year.
In FY 2024-25, India's exports of ₹69.33 Cr exceeded imports of ₹2.28 Cr, resulting in a trade surplus of ₹67.05 Crore — ranking #1925 of 12657 by surplus magnitude.
India's imports under HSN Code 17029040 have grown at −8.28% CAGR, reaching ₹2.28 Crore in FY 2024-25.
Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17029040 ranks #5 by export value — accounting for 6.19% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.20% share (rank #15).
BUSY auto-applies the correct HSN codes & GST rates, ensuring 100% error-free billing every single time.
Clear answers to common queries about HSN Code 17029040 and GST compliance.
It includes Invert sugar/syrup (>50% fructose) – Caramel
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Invert sugar/syrup (>50% fructose) – Caramel; Nil for exempt items if applicable).
Under HSN 17029040, Invert sugar/syrup (>50% fructose) – Caramel attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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.
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.
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.