Sac code for small railway e-ticketing agency

Rate / HSN codes 4664 views 6 replies

Abhishek Kumar

10 Points Joined April 2018

I run a small business in Robertsganj, UP(East) and voluntarily wish to register for GST. I'm basically dealing in two types of work-

1). Railway e-ticketing from IRCTC website - I charge Rs. 40/- per ticket as my agent commission/charge.

2). Online funds transfer and school fee payments etc. - For those who earn here and send some money home. My charges Rs. 40 - Rs. 100, as applicable.

I wish to know what SAC code applies for my category of business. for GST registration. I've annual business of about 15 lakhs.

Replies (6)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

208015 Points Joined July 2016

998551

Reservation services for transportation

998399

Other professional, technical and business services n.e.c.

Abhishek Kumar

10 Points Joined April 2018

Sir, Thx for your reply.

However, if you could explain the calculation then it would be of great help.

GST rate for both SAC codes is 18%. Kindly tell how it's to be calculated - Whether GST is to be calculated on complete amount received from customer, OR only on my service charges component of the amount. Eg. - If a customer books a ticket at my shop for Fare= Rs 500 and pays me total Rs. 540 , as Rs. 40 is my agent charge. So, GST at rate 18% will be calculated on total amount of Rs. 540 , OR only on the commission amount of Rs. 40.