Gst code for bus auxiliary serv having old code 00440225

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 March 2018 Dear Experts,

We have received foreign commission & want to create tax invoice for the same. So we have facing GST SAC Code issue in billing. Request you to advise for GST SAC CODE starting from 99 for Business Auxiliary Services having old code 00440225
Thanks,

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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07 July 2024 For creating a tax invoice for foreign commission received under Business Auxiliary Services, you can use the GST SAC (Services Accounting Code) that corresponds to Business Auxiliary Services. Here’s the guidance:

### GST SAC Code for Business Auxiliary Services

The SAC code for Business Auxiliary Services, which includes commission services, typically falls under the category starting with 99. However, SAC codes can vary based on specific activities or services rendered. For commission services under Business Auxiliary Services, you can use the following SAC code:

- **SAC Code**: 997149

### Description:
- **997149**: Business Auxiliary Services, n.e.c. (not elsewhere classified), including commission services

This SAC code covers a broad range of services under Business Auxiliary Services, including commission services, which aligns with your requirement for invoicing foreign commission received.

### Usage in Tax Invoice:
When creating your tax invoice, ensure to mention the SAC code along with the description of services provided. This helps in proper classification and compliance with GST regulations.

### Additional Considerations:
- Verify the exact nature of services provided against the SAC code description to ensure accurate classification.
- Double-check with your tax advisor or GST consultant if there are specific nuances or updates related to SAC codes applicable to your business activities.

Using SAC Code 997149 for Business Auxiliary Services should appropriately cover your invoicing needs for foreign commission received. If you have further questions or specific details regarding your invoicing process, feel free to ask for more assistance!

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