GST RATES HSN CODE 1701 - CANE BEET SUGAR CHEMICALLY PURE SUCROSE

Cane, beet sugar, and chemically pure sucrose are commonly used products in the food industry. They are used as sweeteners in baked goods, confectioneries, and other food products. In India, these products are subject to GST and have their own HSN code. In this article, we will discuss the GST rates and HSN code for these products.

HSN Code for Cane, Beet Sugar, Chemically Pure Sucrose

According to the GST Council, cane, beet sugar, and chemically pure sucrose fall under HSN code 1701. This code is used to classify these products for taxation purposes.

It is important to note that this code only applies to products that are chemically pure sucrose. Products that contain other ingredients, such as molasses or invert sugar, have their own HSN codes and GST rates.

GST Rates for Cane, Beet Sugar, Chemically Pure Sucrose

The GST rates for cane, beet sugar, and chemically pure sucrose are as follows:

1. If the product is sold in loose form or in retail packaging, the GST rate is 5%.

2. If the product is sold in bulk or industrial packaging, the GST rate is 18%.

It is important to note that these rates only apply to products that fall under HSN code 1701. Products that contain other ingredients, such as molasses or invert sugar, have their own GST rates.

Conclusion

In conclusion, cane, beet sugar, and chemically pure sucrose are subject to GST in India. They fall under HSN code 1701 and have their own GST rates depending on how they are sold. It is important for businesses in the food industry to understand these rates and codes in order to properly classify and tax their products.