Need SAC and HSN code and which under itis consider

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ammaji rajulapati (Querist)

14 December 2024 Sir/madam,
our Engineering college received amount from IEEE for conduct of Seminars under description of "2024 cycle 2 IEEE SPS seasonal school on signal processing in medical imaging: From engineering to clinical diagnostics" IEEE ask tax invoice for this transaction , my query is if this transaction consider under sponsorship IEEE give invoice to us but those are ask tax invoice to us how to i treat it.

HSN code for this service

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

12 August 2025 Got it! Here’s a clear response for your query regarding the IEEE seminar payment and tax treatment:
1. Nature of Transaction
Your college is receiving money from IEEE for conducting the seminar.
This is likely considered a professional service or training/education service provided by your college.
If IEEE is paying your college for organizing the seminar, it’s a service provided by your college to IEEE (not sponsorship from IEEE to you).
2. HSN / SAC Code
Since this is a service related to education/training/seminars, the suitable SAC (Services Accounting Code) under GST would be:
9983 – Educational Services
Or more specifically:
998314 – Services provided by educational institutions to others (excluding education services directly to students)
If you want to be more precise:
9983 10 11 – Educational services provided by a recognized institution
For conducting seminars/training workshops:
9983 10 11 or 9983 10 19 (for other educational services) can be used.
3. Tax Invoice Treatment
Your college should issue a GST invoice to IEEE for the service of conducting the seminar.
IEEE will charge you GST if applicable (reverse charge mechanism may apply depending on your setup).
You should charge GST as per applicable slab (generally 18% on professional services).
You can mention SAC code in the invoice.
4. Sponsorship Consideration
If the money was received as sponsorship (i.e., IEEE sponsoring your event), then it would be considered income from sponsorship, which is business income but not a supply of service to IEEE.
In that case, GST may or may not apply depending on whether sponsorship is treated as a service.
But from your description, it looks like service provided by your college to IEEE.

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