Sac code

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 December 2018 Dear Experts,

Please provide SAC Code Reimbursement of advertisement under GST Regime.

Shall we have to update SAC in Amendment of Registration Non - Core Fields?

CA Mohit Bansal

CA Mohit Bansal (Expert)
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27 December 2018 998361. Yes you have to amend the registration if the SAC is not there in your original registration

Querist : Anonymous

Querist : Anonymous (Querist)

28 December 2018 Thanks a lot for the reply.

Querist : Anonymous

Querist : Anonymous (Querist)

28 December 2018 We receive monthly income through letting out our owned commercial gala.

What will be the nature of business - Suppliers of Services or Leasing Business?

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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22 July 2025 For letting out your owned commercial space (gala), the activity is considered leasing or renting of immovable property service under GST.

So, your nature of business would be Supplier of Services (specifically under the service category of leasing/renting of immovable property).

It is not a “business” in the sense of selling goods but providing a service of leasing/renting.

If you receive rental income, you should register as a service provider under GST.

And yes, if you are adding a new SAC like 998361 (Reimbursement of Advertisement) after registration, you should update your registration by amending non-core fields.

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