What products are classified under HSN 1703
It includes Sugar molasses
HSN Sub Chapter 1703 represents Sugar molasses under GST classification. This code helps businesses identify Sugar molasses correctly for billing, taxation, and trade. With HSN Sub Chapter 1703, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Sugar molasses.
GST Rate for Sugar molasses under HSN Code 1703. Understand Current Tax Rates, Exemptions, and Legal Classifications to Ensure Accurate Billing and GST Filing.
| Chapter No | HSN Code | HSN Description | New GST Rate | Old GST Rate |
|---|---|---|---|---|
| 17 | 1703 | Molasses resulting from the extraction or refining of sugar | 5% | 5% |
Chapter: 17
Description: Molasses resulting from the extraction or refining of sugar
Following Tariff HSN code falls under Sugar molasses:
| Tariff HSN | Description |
|---|---|
| Cane molasses | |
| Other : Molasses, edible | |
| Other : Other |
Cane molasses
Other : Molasses, edible
Other : Other
| Order Number | Description |
|---|---|
| M/S. Madhurya Chemicals (AAR (Authority For Advance Ruling), Maharashtra) | |
| M/S Madhurya Chemicals (AAAR (Appellate Authority For Advance Ruling), Maharashtra) |
M/S. Madhurya Chemicals (AAR (Authority For Advance Ruling), Maharashtra)
M/S Madhurya Chemicals (AAAR (Appellate Authority For Advance Ruling), Maharashtra)
It includes Sugar molasses
If your outward supply of Sugar molasses is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.
Yes. Many food/agri goods are treated differently when sold as pre‑packaged & labelled retail packs versus loose/open packs. If Sugar molasses is sold in small pouches (e.g., 500 g) with an MRP and label, record that on the invoice. Loose bulk bags often follow a different treatment.
Use a delivery challan for sending Sugar molasses to the job worker. Declare movement in your records and reconcile when the goods return. If the job worker raises a service invoice, classify it under SAC; your goods remain under the original HSN.
Include HSN, exact description, pack size/grade, quantity, and if pre‑packaged & labelled. Maintain purchase specs, test reports (where relevant), and job‑work challans for audit trail.
Some entries use MRP/weight‑based conditions for classification. Keep pack size, retail marking and brand status on records and invoice to support the chosen HSN.
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.