SAC code for accounting services.
Accounting services is classified under SAC code 998222 (Accounting and bookkeeping services). The GST rate is 18%, effective 2017-07-01, per 11/2017-Central Tax (Rate).
Services involving the recording, organization, and preparation of financial accounts, ledgers, and bookkeeping records for businesses. This includes maintaining day-to-day accounting records, reconciliation of accounts, and preparation of financial statements.
GST rate for accounting services
| gst | cgst + sgst | what it covers | entry |
|---|---|---|---|
| 18% | 9% + 9% | Legal and accounting services | S.No 2011/2017-Central Tax (Rate) |
source: 11/2017-Central Tax (Rate) · effective 2017-07-01 · rate inherited from heading 9982
Invoice examples at 18%
Intra-state sale of ₹10,000 at 18% GST
- Taxable value₹10,000
- CGST @ 9%₹900
- SGST @ 9%₹900
- Invoice total₹11,800
Inter-state sale of ₹1,00,000 at 18% GST
- Taxable value₹1,00,000
- IGST @ 18%₹18,000
- Invoice total₹1,18,000
Also searched as
Not 100% sure this is your code?
Get it confirmed by a CA or customs expert before you invoice or import.
Full detail — official text, every sub-code and rate history — on the SAC 998222 code page → · chapter 99 — All Services
compiled from official CBIC sources · not tax advice — verify with your tax advisor before filing