SAC for Mutual Fund Distributor

5924 views
User Avatar

10 Points Posted on 11 July 2017
Please let me know the Service Accounting Code applicable for Mutual Fund Distributor
0 Reply Share Follow
On 11 July 2017 at 18:13 Report
Replies (3)
Quick Summary
The discussion covered SAC codes applicable to Mutual Fund Distributors under GST. Suggested SAC codes included 997164 and 997159 for fund distribution and related financial services, generally attracting 18% GST.

User Avatar

9 Points Posted on 27 August 2017
00441480
Reply
On 27 August 2017 at 14:14
User Avatar

CA
287 Points Posted on 01 January 2018

For Mutual Fund Distributor and Fund Management Service Service Accounting Code(SAC Code) is applicable to  997164 with 18% GST Rate.


 

1 Reply
On 01 January 2018 at 15:59
User Avatar

2 Points Posted on 23 June 2022

HSN would be 997159 for Mutual Fund Distributor.

Reply
On 23 June 2022 at 13:25

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. AIS Password: How to Open Your AIS PDF?
  2. Interview Questions
  3. ITR Filing Last Date 2026
  4. Tds - filing Conso File for tax year 2026-27
  5. ITR-3 Filing For AY 2026-27 - Tips
  6. Capital Gain on sale of Depreciated Factory Gala
  7. Interesting Observation from a Recent Income Tax S
  8. ITR 3 Utility Not Taking Marginal Relief on Net To
  9. MV Electrosystems IPO Allotment Date, Status Check
  10. TDS payment code query

More recent discussions | Post

Related Topics :

Loading
Follow