What is SAC code 998314?

Asked by: Treva Hettinger  |  Last update: September 25, 2026
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SAC code 998314 refers to Information Technology (IT) design and development services under the Indian GST regime. This code covers services related to custom software development, system design, and website development, typically attracting an 18% GST rate. It falls under the broader category of IT consulting and support services.

What is the service code 998314?

HSN Code 998314: Information technology (it) design and development services.

What is the difference between 998314 and 998313?

For web and software development services, specific SAC codes such as 998313 for web development and 998314 for software development are assigned to ensure proper service classification. These codes simplify the process of applying GST rates and help businesses stay compliant with tax regulations.

What is the HSN code for jute bags and GST rate 5%?

HSN code 6305 5% is for “Sacks and bags, of a kind used for the packing of goods, of jute or of other textile bast fibres of heading 5303”.

What is the GST rate for SAC code 99831?

GST Tax Rate: 18%

Description: (ii) Other professional, technical and business services other than (i) above.

HSN Code Explained: Structure, SAC, UQC & How to Find HSN Codes

45 related questions found

What is SAC code 998313?

IT Consulting Services Under SAC Code 998313. IT consulting services focus on using technology to solve business problems.

Is raw jute exempted from GST?

Raw jute and raw silk are exempt from GST, meaning dealers or mills handling these materials do not need to register under GST or pay taxes. Additionally, certain wool products also fall under this exemption from GST.

What is the tax rate for jute bags?

GST Rates for Jute Bags: 5% for Under Rs. 1000, 12% for Over Rs. 1000 (HSN Code 6305.

What is the GST rate for non-woven bags and HSN code?

According to Indian government data, the GST rate for all variations of non-woven fabric under the 56031200 HSN code in 2021 is 12% because it is used in key markets with significant tax rebates. For example, the percentage of 560311 non-wovens, n.e.s., of synthetic filaments weighing 25 g/m2 is 12%.

What is the purpose code 998311?

HSN Code 998311: Management consulting and management services including financial, strategic, human resources, marketing, operations and supply chain management.

How do I find my HSN and SAC code for GST?

Login to the GST Portal with valid credentials. Click the Services > User Services > Search HSN Code option. Note: You can search for a particular HSN Code of specific goods or services, in pre-login mode on the GST Portal, by Navigating to Services > User Services > Search HSN Code option.

What is zero-rated GST example?

Fresh fruits, vegetables, milk, etc. Education, health, public transport, etc. Software, handicrafts, jewellery, etc. Alcohol, petroleum, electricity, etc.

Is sanitizer GST rate 5 or 18?

The HSN code for sanitizer is 3808 and the GST rate for sanitizer is 18%.

Will Coke have 40% GST?

The 40% GST is now a single consolidated rate for sugar-added, flavoured, or carbonated drinks, including cola, lemonade, and fruit-based fizzy beverages. The previous 12% compensation cess has been removed. All aerated soft drinks, whether fruit-based or cola-based, now attract 40% GST under the sin goods category.

Is jute bag business profitable?

Jute bags are one very effective, long-lasting, and biodegradable substitute for plastic. This has generated a revenue-generating option for jute bag producers as business people, with profitability and added advantage of good environmental management.

What is the cost of jute bags?

The typical starting price for Jute Bags is Rs. 100 onwards.

Which item has 0 GST?

Supplies that have a declared rate of 0% GST. Example: Salt, grains, jaggery etc. Supplies are taxable but do not attract GST, for which ITC cannot be claimed. Example: Fresh milk, Fresh fruits, Curd, Bread etc.

Is jute a raw material?

Consequently, the jute industry is essentially called a crude material situated industry. Jute is the second most significant material industry in India after the cotton material industry. Jute is one of the most moderate regular strands, and second just to cotton in the sun created an assortment of employment.

What is SAC code 998311?

Management Consulting Services GST Rate for SAC Code 998311

Post the September 2025 rationalisation, most taxable consulting and software development services generally fall within the 18% GST slab with input tax credit for eligible registered recipients.

What is SAC code 998312?

SAC code for consultancy services

Under the Goods and Services Tax (GST) system, business consulting services, including public relations services, are identified using the SAC code 998312.

What is the SAC code 998319?

IT Services Under SAC Code 998319. IT services under this code cover a wide range of specialised information technology support beyond standard hosting, infrastructure management and software development.