February 25, 2023

Sugars, Chemically Pure - GST Rates  HSN Code 2940

Sugars, chemically pure, are an important raw material in many industries, including pharmaceuticals, confectionery, and food processing. Understanding the GST rates and HSN code for these products is crucial for small and medium business owners and startup founders in India.

GST Rates for Sugars, Chemically Pure

As per GST regulations, sugars, chemically pure, fall under the HSN code 2940. The applicable GST rate for these products is 18%. This rate applies to sugars that are chemically pure, including lactose, maltose, fructose, dextrose, and glucose.

One important thing to note is that if the sugar is not chemically pure, it falls under a different HSN code and may attract a different GST rate. For example, if the sugar contains impurities, it may fall under the HSN code 1701 and attract a GST rate of 5%.

HSN Code for Sugars, Chemically Pure

The HSN code for sugars, chemically pure, is 2940. This code is used to identify and classify the product for taxation purposes. It is important to note that the HSN code may vary depending on the type of sugar, its purity level, and whether it is a primary or secondary product.

Impact of GST Rates and HSN Codes on Business Owners

Knowing the GST rates and HSN codes for sugars, chemically pure, is crucial for business owners as it impacts their tax liability. Not registering for GST or incorrect classification of goods can lead to a penalty and loss of business credibility. It is important to consult with a tax expert or consult the GST portal to ensure compliance with regulations.

Additionally, understanding the GST rates and HSN codes can help business owners make informed decisions and plan their finances better. For example, knowing the applicable GST rate can help in determining pricing and profit margins for a product.


In conclusion, sugars, chemically pure, fall under the HSN code 2940 and attract a GST rate of 18%. It is important for business owners to understand these regulations to ensure compliance, avoid penalties, and make informed decisions. Consulting with a tax expert or accessing information on the GST portal can help business owners navigate these regulations efficiently.


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