Sac code: 998392
This query is : Resolved
Guest
Guest
(Querist)
03 September 2019
Dear Expert,
I have a query regarding Design Service Import from our Parent Company from Japan. Currently we are paying IGST (RCM) on reverse charge basis on import of Design Service from Japan. Since it's an Import, so I need to mention 6 digit SAC code in self invoicing to claim IGST Input.
Our parent company is an original design maker and manufacturer of the furnaces. So which SAC code should I mention:
1.) 998391: Speciality Designs
2.) 998392: Design Originals
Though GST rate for both is 18%, please someone clear the doubts.
Regards
Khem Raj
I have a query regarding Design Service Import from our Parent Company from Japan. Currently we are paying IGST (RCM) on reverse charge basis on import of Design Service from Japan. Since it's an Import, so I need to mention 6 digit SAC code in self invoicing to claim IGST Input.
Our parent company is an original design maker and manufacturer of the furnaces. So which SAC code should I mention:
1.) 998391: Speciality Designs
2.) 998392: Design Originals
Though GST rate for both is 18%, please someone clear the doubts.
Regards
Khem Raj
CA R SEETHARAMAN
(Expert)
04 September 2019
Choose 2.) 998392: Design Originals, as your parent company is original design maker.
CA. Aditya Goel
(Expert)
01 April 2021
what should be the SAC code for graphic design services - 998391 or 998392
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- Depreciation Chart Companies Act
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST on Renting godown to KFCSC for Storage of Raagi
- Under marginal scheme
- Import of Software Service.
- Capitalgain tax purposes for valuation report compulsory
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
