--- title: "1703 HSN Code | HSN Code for Sugar molasses in India" description: "Know more about 1703 HSN Code with BUSY Accounting - HSN Tariff, GST Rates and case laws related to chapter 1703 covering Sugar molasses." canonical: "https://busy.in/hsn/sub-chapter-1703/" --- # HSN Sub-chapter 1703: Sugar molasses Molasses resulting from the extraction or refining of sugar Part of [Chapter 17: Sugars and Sugar Confectionery](https://busy.in/hsn/chapter-17/). - Current GST rate: 5% - Earlier GST rate: 5% ## HSN codes | Code | Title | | --- | --- | | 17031000 | [Cane molasses](https://busy.in/hsn/hsn-17031000/) | | 17039010 | [Other \| Molasses, Edible](https://busy.in/hsn/hsn-17039010/) | | 17039090 | [Other Non-Edible Molasses (Excl. Cane) \| Other](https://busy.in/hsn/hsn-17039090/) | ## Frequently asked questions ### What products are classified under HSN 1703 It includes Sugar molasses ### Can I claim ITC on inputs and services used for 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. ### Does packaging or branding change how GST applies to Sugar molasses? 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. ### How should I document Sugar molasses sent for job work? 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. ### What should my invoice and records include for Sugar molasses? 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. ### Does MRP, weight or pack size change GST treatment for Sugar molasses? 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. ## India's trade performance: HSN Sub-Chapter 1703 (FY 2024-25) Source: TradeStat EIDB, Ministry of Commerce & Industry. Values in ₹ Crore (FY 2018-19 to FY 2024-25). - Exports: ₹248 Cr (−77.53% YoY) — 0.0067% of India's total exports - Imports: ₹9 Cr (−46.35% YoY) — 0.0001% of India's total imports - Trade balance: ₹239 Cr (Surplus); surplus rank #316 of 1233 sub-chapters - Share of Chapter 17: 1.17% of its exports; import side 0.07% - Rank within Chapter 17: #4 of 4 by export value; import-side #4 ### Key metrics - Export CAGR: -13.39% (FY 2018-19 to FY 2024-25, 7 fiscal years) - National export rank: #662 of 1233 sub-chapters by export value (FY 2024-25) - Peak growth year: +154.34% in FY 2020-21 - Contribution to Ch. 17: 1.17% of its exports (FY 2024-25) ## India export-import trade statistics: HSN Sub-Chapter 1703 7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB. | FY | Exports (₹ Cr) | Exp share | Exp YoY | Exp % of Ch. 17 | Imports (₹ Cr) | Imp share | Imp YoY | Imp % of Ch. 17 | Trade balance | Exp rank | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | FY 2018-19 | 586.80 | 0.0256% | — | 5.15% | 1.38 | 0.0000% | — | 0.04% | +585.42 | #393 | | FY 2019-20 | 517.51 | 0.0234% | −11.81% | 3.32% | 10.21 | 0.0003% | +639.86% | 0.32% | +507.30 | #400 | | FY 2020-21 | 1,316.22 | 0.0612% | +154.34% | 5.64% | < ₹1 Crore | 0.0000% | −90.99% | 0.02% | +1,315.30 | #255 | | FY 2021-22 | 1,625.75 | 0.0518% | +23.52% | 4.28% | 2.01 | 0.0000% | +118.48% | 0.09% | +1,623.74 | #259 | | FY 2022-23 | 2,063.82 | 0.0570% | +26.95% | 4.07% | 4.65 | 0.0001% | +131.34% | 0.13% | +2,059.17 | #243 | | FY 2023-24 | 1,102.54 | 0.0305% | −46.58% | 4.05% | 16.29 | 0.0003% | +250.32% | 0.09% | +1,086.25 | #367 | | FY 2024-25 | 247.69 | 0.0067% | −77.53% | 1.17% | 8.74 | 0.0001% | −46.35% | 0.07% | +238.95 | #662 | - CAGR (7-year): exports -13.39%/yr, imports 36.02%/yr (consistently Surplus) ## Key trade insights: HSN Sub-Chapter 1703 export-import analysis ### Export decline: -13.39% CAGR over 7 years India's exports under HSN Sub-Chapter 1703 have declined at a compound annual rate of -13.39% over 7 fiscal years, falling from ₹586.80 Crore in FY 2018-19 to ₹247.69 Crore in FY 2024-25. ### HSN Sub-Chapter 1703 ranked #662 among all 1233 sub-chapters by export value In FY 2024-25, HSN Sub-Chapter 1703 ranks #662 out of 1233 sub-chapters by total export value. Within Chapter 17, it ranks #4 of 4. By trade surplus, it ranks #316 of 1233. ### FY 2020-21 was the strongest growth year for HSN Sub-Chapter 1703 exports The strongest single-year export movement for HSN Sub-Chapter 1703 was recorded in FY 2020-21, when exports surged by 154.34% over the prior year. ### India maintains a trade surplus of ₹238.95 Crore in HSN Sub-Chapter 1703 goods In FY 2024-25, India's exports of ₹247.69 Cr exceeded imports of ₹8.74 Cr, resulting in a trade surplus of ₹238.95 Crore — ranking #316 of 1233 by surplus magnitude. ### Import growth of 36.02% CAGR signals rising demand for Sugar molasses India's imports under HSN Sub-Chapter 1703 have grown at 36.02% CAGR, reaching ₹8.74 Crore in FY 2024-25. ### HSN Sub-Chapter 1703 contributes 1.17% of Chapter 17 exports — ranked #4 Among the 4 sub-chapters under Chapter 17, HSN Sub-Chapter 1703 ranks #4 by export value — accounting for 1.17% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.07% share (rank #4). ## Related Sub-Chapters in Chapter 17 Ranked by export value (FY 2024-25). | Rank | HSN Sub-Chapter | Exports (FY 2024-25) | | --- | --- | --- | | #1 | [HSN Sub-Chapter 1701: Pre-packaged sugar & jaggery products](https://busy.in/hsn/sub-chapter-1701/) | ₹17,923 Cr | | #2 | [HSN Sub-Chapter 1704: Sugar confectionery](https://busy.in/hsn/sub-chapter-1704/) | ₹1,893 Cr | | #3 | [HSN Sub-Chapter 1702: Lactose and sugars](https://busy.in/hsn/sub-chapter-1702/) | ₹1,120 Cr | | #4 | HSN Sub-Chapter 1703: Sugar molasses (this hsn sub-chapter) | ₹248 Cr | ## Other sub-chapters | Code | Title | | --- | --- | | 1701 | [Pre-packaged sugar & jaggery products](https://busy.in/hsn/sub-chapter-1701/) | | 1702 | [Lactose and sugars](https://busy.in/hsn/sub-chapter-1702/) | | 1704 | [Sugar confectionery](https://busy.in/hsn/sub-chapter-1704/) |