What is SAC code 998551?

Asked by: Amari Abshire  |  Last update: July 12, 2026
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SAC code 998551 represents Reservation services for transportation under the GST regime. This service code is used for booking services related to transportation, such as flights or other modes of transport, often falling under travel arrangement and tour operator services.

What is the HSN SAC code 998551?

HSN Code 998551: Reservation services for transportation.

What is the SAC code 99855?

The HSN SAC code for Travel Arrangement & Tour Operator Services is 99855, covered under Chapter 99.

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 SAC code for CCTV installation services?

9987 SAC Code: Maintenance, repair & installation services.

New GST Rate List with HSN Code | how to check new gst rate | GST 2.0

21 related questions found

What is the GST rate for CCTV camera installation charges?

18% GST applies to CCTV units, DVRs, and surveillance systems.

What does SAC code stand for?

SAC code in India stands for Services Accounting Code. It is a unique code used to classify different services for GST purposes, facilitating accurate tax calculation and reporting.

What is HSN code 996511 for use?

HSN code for transportation charge

For instance, road transport services are typically classified under HSN code 996511, while rail transport services fall under HSN code 996512. Similarly, air transport, water transport, and pipeline transport each have their unique HSN codes for taxation purposes.

What is SAC 998552 code?

Travel agents and tour operators design itineraries, bundle transport and stay options and charge a service margin on the total package value. Under GST, these activities are generally classified under SAC 998552 and the GST rate under this code directly affects the final price of the tour for the customer.

What is the GST rate of HSN 9985?

GST Tax Rate: 18%

What is the SAC code 998591?

HSN Code 998591: Credit reporting & rating services.

What is SAC code 998555?

Tour Operator Services Under SAC Code 998555

There is a dedicated entry for tour operator services taxing the gross tour value at 5% where the provider fulfils the definition of a tour operator and does not claim ITC except on same line input services.

Is GST 12% to 18% notification?

2022, Works contract services provided to Central and State Government, or Local Authorities, which were earlier eligible for concessional rate of 12% GST,would attract GST at the rate of 18% in view of amendment carried out in notification No. 11/2017- Central Tax (Rate) vide notification No.

How to find out SAC code for GST?

GST Portal – Steps to Search HSN/SAC Tax Rates

  1. Go to the GST portal homepage. Visit the GST Portal Homepage and login with valid credentials. ...
  2. In the case of HSN Codes. ...
  3. Select the tax-type. ...
  4. Search HSN Chapter by Name or Code. ...
  5. Search HSN Code. ...
  6. Select the appropriate dates. ...
  7. Click on the “Search” option. ...
  8. Select the State.

What is the SAC code for jute bags?

Which HSN code is used for jute bags? Jute sack and bag classifications together with other types of sacks and bags made of jute will come under the Jute bag HSN code 630510.

How to store jute shopping bags?

  1. Dry Storage: Store all jute bags, including those used for groceries, in a dry place to prevent mould.
  2. Odour Elimination: Combat odours in jute bags by airing them out or using baking soda, especially useful for jute grocery and shopping bags.

What is the GST rate for polythene bags?

These bags are commonly used in various industries, from grocery shopping to packaging materials. The GST rate for plastic sacks and bags is 18%.

What is the GST rate for SAC code 996511?

Falls in the same “goods transport services” bucket as 996511; historically carried 5/12/18 options. Under GST 2.0, the concessional 5% without ITC remains and the 12% with ITC option is rationalised to 18% with ITC for fully taxable cases. Classified under goods transport services.

What happens if I use the wrong HSN code?

A single wrong HSN code can cause a chain reaction across your accounting and compliance system: Tax rate mismatch: Incorrect HSN = wrong GST rate = wrong tax collected or paid. Return reconciliation errors: GSTR-1 vs GSTR-3B mismatches. Customer disputes: Buyers may lose input tax credit.

How to identify a sac code?

SAC codes consist of six digits and always begin with 99, which represents the services chapter. HSN codes have eight digits and vary based on the type of product. Both systems help determine applicable GST rates and ensure accurate tax reporting, but they apply to different transaction types.

What is the GST rate of SAC code 9985?

HSN Code 9985 (SAC) remains the backbone for billing labour charges under GST, with the standard rate of 18% applied to most professional and business support services, but new exemptions and concessional rates apply as per 2025 updates.

What is the difference between HSN and SAC code?

HSN (Harmonized System of Nomenclature) codes classify goods under GST, while SAC (Services Accounting Code) is used for categorizing services for taxation purposes.