SAC Code 998526: GST Rate & Details
Other business support services
Standard GST slab applicable across India under GST tariff classification.
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Indian GST Invoicing Rules for HSN 998526
HSN Digit Mandate
- Turnover > ₹5 Crore: Must mention minimum 6-digit HSN code on all B2B invoices.
- Turnover ≤ ₹5 Crore: Must mention minimum 4-digit HSN code on B2B invoices. Optional for B2C.
- Exports / Imports: 8-digit HSN code is mandatory.
Mandatory Invoice Fields
- GSTIN of Supplier and Recipient (for B2B).
- Consecutive Invoice Serial Number & Invoice Date.
- HSN/SAC Code, Taxable Value, Tax Rate (CGST, SGST, IGST), and Grand Total.
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Frequently Asked Questions on HSN 998526
Q. What is the GST rate for HSN code 998526 (Business Services)?
The standard GST rate for HSN code 998526 is 18%. For intra-state transactions within the same state, it is split into 9.0% CGST and 9.0% SGST. For inter-state supply, 18% IGST applies.
Q. Is HSN code 998526 classified as Goods or Services?
HSN/SAC code 998526 is legally classified as 'Services' under SAC: Business and Professional Services.
Q. Is mentioning HSN code 998526 mandatory on GST invoices?
Yes. As per Indian GST mandate: Businesses with aggregate turnover above ₹5 Crore must mention a 6-digit HSN code on B2B tax invoices. Businesses with turnover up to ₹5 Crore must mention at least a 4-digit HSN code for B2B supplies.
Q. How do I create a GST invoice with HSN code 998526?
You can create a 100% compliant Indian GST invoice with HSN 998526 for free on GST Maker. Simply click 'Create Invoice with this HSN' to pre-populate the tax rates and download your PDF instantly.
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