GST Rate for SAC Code 998719

913 views 1 replies
Sir what is the GST rate for sac code 998719, our vendor charged 5% igst on our invoice
Replies (1)

Hi Kunal!

SAC Code 998719 corresponds to "Other professional, technical and business services not elsewhere classified."

Regarding the GST rate:

  • Generally, services under this SAC attract 18% GST (either CGST+SGST or IGST, depending on the nature of supply).

  • A 5% GST rate is not standard for SAC 998719 unless a specific exemption or special notification applies.

If your vendor charged 5% IGST, it might be either:

  • A mistake on their part, or

  • The service might be misclassified or fall under a special scheme, or

  • Some concessional rate applicable in a specific sector or scheme.

What you can do:

  • Ask your vendor for a clarification on why 5% GST was charged.

  • Cross-check the exact nature of service provided.

  • Refer to the latest GST rate notifications or the GST tariff schedule.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register