Sac for director fees

Hi Sir/Madam,

 

Please suggest the SAC code for Director fees.

 

Thanks in Advance.

 

Regards

Murali 

Replies (3)
Quick Summary
Director fees under GST are generally classified as services provided by directors to companies. Common SAC used is 998399 for such services, though classification may vary depending on nature of remuneration like sitting fees or professional services.

If director is giving service to the company, then the SAC is 998399

Thanks for the reply.

shall we opt SAC 998311 for Director Sitting fee

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