HSN Code 17039010: Other | Molasses, Edible
HSN Code 17039010 represents Other | Molasses, Edible under GST classification. This code helps businesses identify Other | Molasses, Edible correctly for billing, taxation, and trade. With HSN Code 17039010, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Other | Molasses, Edible.
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Description of Goods for HSN Code 17039010
HSN Code 17039010 relates to the following description.
What does HSN Code 17039010 not include?
Other | Molasses, Edible does not include products with the following descriptions.
Cane molasses
Other : Other
India’s Trade Performance — HSN Code 17039010 in FY 2024-25
India’s Exports
FY 2024-25₹222 Cr
0.0060% of India’s total exports
India’s Imports
FY 2024-25Nil
0.0000% of India’s total imports
Trade Balance
FY 2024-25₹222 Cr
Surplus rank #1075 of 12657 HSN codes
% of Sub-Chapter 1703
FY 2024-2589.73%
Share of Sub-Chapter 1703’s total exports in FY 2024-25
Import side: 0.00% of Sub-Chapter 1703’s imports
Rank Within Sub-Chapter 1703
FY 2024-25#1 of 3
Position by export value among HSN codes in Sub-Chapter 1703
At a glance
106.82%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#1731
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+759.03%
Peak Growth Year
FY 2023-24 · strongest single-year move
89.73%
Contribution to Sub-Ch. 1703
Share of Sub-Chapter 1703 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 17039010
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+2.68
Exports
2.84 ₹ Cr
0.0001% share
— YoY
0.48% of Sub-Ch. 1703
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
11.59% of Sub-Ch. 1703
Balance
+4.52
Exports
4.52 ₹ Cr
0.0002% share
+59.15% YoY
0.87% of Sub-Ch. 1703
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1703
Balance
+22.54
Exports
22.72 ₹ Cr
0.0011% share
+402.65% YoY
1.73% of Sub-Ch. 1703
Imports
< ₹1 Crore ₹ Cr
0.0000% share
— YoY
19.57% of Sub-Ch. 1703
Balance
+21.73
Exports
22.04 ₹ Cr
0.0007% share
−2.99% YoY
1.36% of Sub-Ch. 1703
Imports
< ₹1 Crore ₹ Cr
0.0000% share
+72.22% YoY
15.42% of Sub-Ch. 1703
Balance
+28.53
Exports
28.53 ₹ Cr
0.0008% share
+29.45% YoY
1.38% of Sub-Ch. 1703
Imports
Nil ₹ Cr
0.0000% share
−100.00% YoY
0.00% of Sub-Ch. 1703
Balance
+245.08
Exports
245.08 ₹ Cr
0.0068% share
+759.03% YoY
22.23% of Sub-Ch. 1703
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1703
Balance
+222.24
Exports
222.24 ₹ Cr
0.0060% share
−9.32% YoY
89.73% of Sub-Ch. 1703
Imports
Nil ₹ Cr
0.0000% share
— YoY
0.00% of Sub-Ch. 1703
CAGR · 7-Year
Exports
106.82% /yr
Imports
—
reference, FY 2024-25
Export
₹247.69 Cr
Import
₹8.74 Cr
Trade Balance
+238.95
Key Trade Insights: HSN Code 17039010 Export-Import Analysis
Consistent Export Growth: 106.82% CAGR Over 7 Years
India's exports under HSN Code 17039010 have grown at a compound annual rate of 106.82% over 7 fiscal years, rising from ₹2.84 Crore in FY 2018-19 to ₹222.24 Crore in FY 2024-25.
HSN Code 17039010 Ranked #1731 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 17039010 ranks #1731 out of 12657 HSN codes by total export value. Within Sub-Chapter 1703, it ranks #1 of 3. By trade surplus, it ranks #1075 of 12657.
FY 2023-24 Was the Strongest Growth Year for HSN Code 17039010 Exports
The strongest single-year export movement for HSN Code 17039010 was recorded in FY 2023-24, when exports surged by 759.03% over the prior year.
India Maintains a Trade Surplus of ₹222.24 Crore in HSN Code 17039010 Goods
In FY 2024-25, India's exports of ₹222.24 Cr exceeded imports of ₹0.00 Cr, resulting in a trade surplus of ₹222.24 Crore — ranking #1075 of 12657 by surplus magnitude.
HSN Code 17039010 Contributes 89.73% of Sub-Chapter 1703 Exports — Ranked #1
Among the 3 HSN codes under Sub-Chapter 1703, HSN Code 17039010 ranks #1 by export value — accounting for 89.73% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 0.00% share.
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Frequently Asked Questions
Clear answers to common queries about HSN Code 17039010 and GST compliance.
What products are classified under HSN 17039010 ?
It includes Other | Molasses, Edible
Any common misclassification issue with Other / Molasses, Edible?
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 Other / Molasses, Edible?
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 Other / Molasses, Edible is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Other / Molasses, Edible; Nil for exempt items if applicable).
Can we claim ITC on inputs used to trade Other / Molasses, Edible?
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.
How much GST applies to Other / Molasses, Edible?
Under HSN 17039010, Other / Molasses, Edible attracts Varies when sold in taxable form. Describe the form and packaging clearly on the invoice.