what is the SAC code for Valuation Charges ?

Rate / HSN codes 13730 views 8 replies
what is the SAC Code for Charges received for Valuation of Gold Jewellery ?

Also what is rate of GST on Valuation Charges ?
Replies (8)
Quick Summary
Valuation charges for gold jewellery are generally treated as professional or technical services under SAC code 998399 or related service categories. GST on valuation charges is commonly considered 18 percent, separate from GST applicable on gold jewellery sales or job work.

HSC: '998399' ........ GST 18%

GOLD JEWELLERY PAR GST 5% HAI
GOLD JEWELLERY PAR GST 5% HAI
Thank you Rambhia Sir..
Thanks Mr Rathi for reply....
but GST @ 5 % is on labour job of gold Jewellery
not on charges received for Valuation of gold jewellery

My Pleasure, Dear............

Thank you sir for giving priceless reply.

Sir For Government Jewellery Valuer SAC code is 998399 , is this right ? 



 


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