What products are classified under HSN 17031000 ?
It includes Cane molasses
HSN Code 17031000 represents Cane molasses under GST classification. This code helps businesses identify Cane molasses correctly for billing, taxation, and trade. With HSN Code 17031000, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Cane molasses.
HSN Code 17031000 relates to the following description:
Cane molasses does not include products with the following descriptions:
Other : Molasses, edible
Other : Other
It includes Cane molasses
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Cane molasses; Nil for exempt items if applicable).
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.
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.
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.
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.
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.