SAC code 9971 — Financial and related services
SAC · sac18%हिंदी में देखें · தமிழில் பார்க்க
Financial and related services
current gst rate
| igst | cgst | sgst | condition |
|---|---|---|---|
| 5% | 2.5% | 2.5% | S.No 15(vi): (vi) Service of third party insurance of "goods carriage" |
| 18% | 9% | 9% | S.No 15(vii): (vii) Financial and related services other than (i), (ii), (iii), (iv), (v), and (vi) above. |
| 18% | 9% | 9% | S.No 15(viii): (viii) Leasing or rental services, with or without operator, other than (i), (ii), (iii), (iv), (v), (vi), (vii) and (viia) above |
source: 15/2025-Central Tax (Rate) · effective 2025-09-22 · all codes at 18%
gst calculator — pre-filled with this rate
products commonly classified here
banking servicesfinancial advisoryfinancial consultingfinancial intermediationfinancial planningfund managementinsurance brokerageinvestment adviceloan advisorymutual fund distributionportfolio managementstock brokeragewealth managementcredit rating services
more specific codes
- 997111Central banking services
- 997112Deposit services
- 997113Credit-granting services including stand-by commitment, guarantees and securities
- 997114Financial leasing services
- 997115Transfer of the right to use any goods for any purpose (whether or not for a specified period)
- 997116Any transfer of right in goods or of undivided share in goods without the transfer of title the
- 997119Other financial services (except investment banking, insurance services and pension services)
- 997120Investment banking services
- 997131pension services
- 997132Life insurance services (excluding reinsurance services)
- 997133Accident and health insurance services
- 997134Motor vehicle insurance services
- 997135Marine, aviation, and other transport insurance services
- 997136Freight insurance services and travel insurance services
- 997137Other property insurance services
- 997138Freight insurance services and travel insurance services
- 997139Other non-life insurance services (excluding reinsurance services)
- 997141Life reinsurance services
- 997142Accident and health reinsurance services
- 997143Motor vehicle reinsurance services
- 997144Marine, aviation and other transport reinsurance services
- 997145Freight reinsurance services
- 997146Other property reinsurance services
- 997147Other property reinsurance services
- 997149Other non-life reinsurance services
- 997151Services related to investment banking such as mergers and acquisition services, corporate fina
- 997152Brokerage and related securities and commodities services including commodity exchange services
- 997153Portfolio management services except pension funds
- 997154Trust and custody services
- 997155Services related to the administration of financial markets
- 997156Financial consultancy services
- 997157Foreign exchange services
- 997158Financial transactions processing and clearing house services
- 997159Other services auxiliary to financial services
- 997161Services auxiliary to insurance and pensions
- 997162Insurance claims adjustment services
- 997163Actuarial services
- 997164Pension fund management services
- 997169Other services auxiliary to insurance and pensions
- 997171Services of holding equity of subsidiary companies
- 997172Services of holding securities and other assets of trusts and funds and similar financial entit
sibling codes
- 9954Construction services
- 9961Services in wholesale trade
- 9962Services in retail trade
- 9963Accommodation, food and beverage services
- 9964Passenger transport services
- 9965Goods Transport Services
- 9966Rental services of transport vehicles with operators
- 9967Supporting services in transport
- 9968Postal and courier services
- 9969Electricity, gas, water and other distribution services
- 9972Real estate services
- 9973Leasing or rental services without operator
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compiled from official sources · not tax advice · verify with your tax advisor before filing