HSN Code 17029050 represents Insulin Syrup under GST classification. This code helps businesses identify Insulin Syrup correctly for billing, taxation, and trade. With HSN Code 17029050, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Insulin Syrup.
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HSN Code 17029050 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 : Insulin syrup
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 : Insulin syrup
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%
Insulin Syrup 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 : Caramel
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 : Caramel
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< ₹1 Crore
0.0000% of India’s total exports
India’s Imports
FY 2024-25< ₹1 Crore
0.0000% of India’s total imports
Trade Balance
FY 2024-25< ₹1 Crore
Surplus rank #5250 of 12657 HSN codes
% of Sub-Chapter 1702
FY 2024-250.01%
Share of Sub-Chapter 1702’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 1702’s imports
Rank Within Sub-Chapter 1702
FY 2024-25#17 of 23
Position by export value among HSN codes in Sub-Chapter 1702
Import-side rank: #19 of 23
At a glance
#9570
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+1,500.00%
Peak Growth Year
FY 2020-21 · strongest single-year move
0.01%
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
−0.38
Exports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1702
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.07% of Sub-Ch. 1702
Balance
−2.91
Exports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.01% of Sub-Ch. 1702
Imports
2.94 ₹ Cr
0.0001% share
+673.68% YoY
0.50% of Sub-Ch. 1702
Balance
+0.47
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+1,500.00% YoY
0.09% of Sub-Ch. 1702
Imports
< ₹1 Crore ₹ Cr
0.0000% share
−99.66% YoY
0.00% of Sub-Ch. 1702
Balance
+1.06
Exports
1.13 ₹ Cr
0.0000% share
+135.42% YoY
0.11% of Sub-Ch. 1702
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+600.00% YoY
0.01% of Sub-Ch. 1702
Balance
+3.38
Exports
3.50 ₹ Cr
0.0001% share
+209.73% YoY
0.30% of Sub-Ch. 1702
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+71.43% YoY
0.01% of Sub-Ch. 1702
Balance
+0.03
Exports
< ₹1 Crore ₹ Cr
0.0000% share
−99.14% YoY
0.00% of Sub-Ch. 1702
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1702
Balance
+0.10
Exports
< ₹1 Crore ₹ Cr
0.0000% share
+400.00% YoY
0.01% of Sub-Ch. 1702
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1702
CAGR · 7-Year
Exports
—
Imports
−28.68% /yr
reference, FY 2024-25
Export
₹1,119.60 Cr
Import
₹1,137.98 Cr
Trade Balance
−18.38
India exported ₹0.15 Crore worth of Insulin Syrup in FY 2024-25. Multi-year trend data is being compiled for this hsn code.
In FY 2024-25, HSN Code 17029050 ranks #9570 out of 12657 HSN codes by total export value. Within Sub-Chapter 1702, it ranks #17 of 23. By trade surplus, it ranks #5250 of 12657.
The strongest single-year export movement for HSN Code 17029050 was recorded in FY 2020-21, when exports surged by 1,500.00% over the prior year.
In FY 2024-25, India's exports of ₹0.15 Cr exceeded imports of ₹0.05 Cr, resulting in a trade surplus of ₹0.10 Crore — ranking #5250 of 12657 by surplus magnitude.
India's imports under HSN Code 17029050 have grown at −28.68% CAGR, reaching ₹0.05 Crore in FY 2024-25.
Among the 23 HSN codes under Sub-Chapter 1702, HSN Code 17029050 ranks #17 by export value — accounting for 0.01% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share (rank #19).
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Clear answers to common queries about HSN Code 17029050 and GST compliance.
It includes Insulin Syrup
Under HSN 17029050, Insulin Syrup attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.
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.
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.
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Insulin Syrup; Nil for exempt items if applicable).
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.