HSN Code 1703
Molasses
| Description | CGST | SGST | IGST | Schedule |
|---|---|---|---|---|
| Molasses | 2.5% | 2.5% | 5% | I |
Source: Notification No. 9/2025-Integrated Tax (Rate), dated 17 September 2025 (effective 22 September 2025). Compensation Cess, if applicable, is not shown here — verify on the official CBIC portal.
Frequently asked questions
What is the GST rate for HSN code 1703?
The GST rate for HSN code 1703 (Molasses) is 5% IGST (2.5% CGST + 2.5% SGST), as per Schedule I of Notification No. 9/2025-Integrated Tax (Rate).
Which chapter does HSN code 1703 belong to?
HSN code 1703 falls under Chapter 17 - Sugars and Sugar Confectionery of the Customs Tariff Act, 1975.