What is HSN code 1703?

HSN code 1703 covers Molasses from sugar extraction or refining. It falls under the Sugar & Confectionery category and attracts GST at 18%.

What is the GST rate for HSN code 1703?

The GST rate for HSN code 1703 (Molasses from sugar extraction or refining) is 18%. For intra-state supply: CGST 9% + SGST 9%. For inter-state supply: IGST 18%.

HSN Code 1703

Molasses from sugar extraction or refining

HSN Code1703

DescriptionMolasses from sugar extraction or refining

CategorySugar & Confectionery

GST Rate18%

CGST + SGST (Intra-state)9% + 9%

IGST (Inter-state)18%

Example Calculation

On a taxable value of ₹10,000.00: GST = ₹1,800.00, Total = ₹11,800.00

Calculate GST at 18%Search More HSN Codes

Related HSN Codes in Sugar & Confectionery

HSN Code	Description	GST Rate
1702	Other sugars (glucose, fructose, maltose)	18%

About HSN Code 1703

HSN code 1703 is used to classify molasses from sugar extraction or refining under the Goods and Services Tax (GST) system in India. This code falls under the Sugar & Confectionery category and attracts a GST rate of 18%.

HSN (Harmonized System of Nomenclature) is an internationally standardized system of names and numbers to classify traded products. Under GST, businesses with turnover above ₹5 crore must report 6-digit HSN codes on invoices, while those between ₹1.5 crore and ₹5 crore must report 4-digit codes.