What is the GST rate for professional fees HSN code?

Asked by: Madge Hand  |  Last update: September 17, 2026
Score: 4.1/5 (61 votes)

The standard GST rate for professional fees is 18% (9% CGST + 9% SGST or 18% IGST). These services generally fall under SAC (Services Accounting Code) 9983, which covers legal, accounting, consulting, engineering, and architectural services.

What is the HSN code for professional fees in GST?

HSN Code 998399: Other professional, technical and business services n.e.c.

What is the HSN code 998312?

HSN Code 998312: Business consulting services including pubic relations services.

What is the GST on professional fees?

Professional services in India are also taxed at 18% GST rates.

What is the HSN code 998333?

Engineering services for waste management projects (hazardous and non-hazardous), for water, sewerage and drainage projects.

No GST RCM on Total Freight or Transportation Charges | Goods Transport Agency RCM

43 related questions found

What is the GST rate for SAC 998333?

What GST rate applies to industrial engineering consultancy under SAC 998333? Industrial engineering services under SAC 998333 are usually taxed at 18%.

What is the HSN code 998322?

GST Rate for HSN Code 998322 : Architectural services for residential building projects. Management consulting and management services including financial, strategic, human resources, marketing, operations and supply chain management.

Is GST applicable on 194J?

Is GST applicable on payments under Section 194J? Yes, GST may be applicable depending on the nature of services and the GST registration status of the professional. If the professional is registered under GST, the invoice raised will include GST separately.

What is the GST rate for 998312?

The GST rate for all services under HSN 9983 is 18% as of the latest September 2025 update. This slab applies to consultancy, management, engineering, accounting, legal, marketing, and technical services. Only very limited exemptions apply, such as specific government-notified charitable or educational activities.

What is the GST rate for HSN code 998911?

GST Tax Rate: 18%

Description: Other manufacturing services; publishing, printing and reproduction services; materials recovery services.

Is GST charged on professional fees?

Professional services are usually taxed at 18% under GST. For intra-state supplies, this is separated into 9% CGST and 9% SGST. An 18% IGST is applicable for interstate supply. A GST-registered professional can claim input tax credit (ITC) on business expenses and must charge GST on client invoices.

How do we calculate PT?

After considering the tax slab for your state, you can look for the income bracket you fall under. The income bracket will then give you a professional tax payable on a monthly or annual basis. Calculating your professional tax amount is not very difficult as it depends mostly on two factors, state and income.

How often do I need to pay professional tax?

The professional tax is collected from various professionals as listed in schedule of the Act. it is collected from salaried employees as well as from professionals. It is deducted from salary of the employee every month.

What is the maximum professional tax deduction?

The maximum amount of Professional Tax that can be imposed by any state in India is ₹ 2500.00.

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 do you calculate GST on a service provider?

To calculate 18% GST on a total amount, start by identifying the original price of the product or service. Then, use this formula: GST Amount = (Original Price × 18) ÷ 100.

What is the HSN code for job work charges?

The job work HSN code, also known as the job work SAC code, is HSN Code 9988, which covers manufacturing services on physical inputs or goods owned by others.

What is the HSN code 995599?

The HSN code 999599 is the code that is used for Services Provided By Other Membership. This code comes under Chapter 29 of the HSN code list and is further extended into subheadings as per the GST rates.

What is the GST rate for HSN 7323?

For items classified under the 7323 HSN code, the GST rate is generally set at 18%. This is the standard rate for most household iron articles.