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
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