Boost Your B2B Sales with Getatoz

Get Listed Free
Browse SAC Code

Explore SAC Code of thousands of services.

SAC CODE - 998361 : Advertising Services

GST RATE ON SAC CODE - 998361 IS 18%


SAC CODE Description
9983Other professional, technical and business services
99836Advertising services and provision of advertising space or time.
998361Advertising Services

Services Accounting Codes (SAC Codes) 998361 is used for the Advertising Services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Other professional, technical and business services.

How Services Accounting Codes (SAC Codes) 998361 - is Derived?

A uniform format is followed to generate the Service Accounting Code.

The first two digits are 99 always for services.

The next two digits 83 represent the major nature of service, Other professional, technical and business services in this case.

The next two digits 61 represent the detailed nature of service, Advertising Services in this case.

Explanation Of SAC CODE - 998361

This service code includes planning, concept development and execution of the full range of services for an advertising campaign, including creating the basic idea for an advertisement, writing the words and scenarios for advertisements, selection of media to be used, design of ads, illustrations, posters, etc., writing of scenarios for advertising movies, placement of advertisements in media; development and organization of direct marketing advertising campaigns, i.e. sending advertising and promotional messages directly to consumers through methods such as direct mail and telemarketing, rather than via mass media; aerial advertising services; delivery services of free samples and other advertising material; demonstration and presentation of advertising services at point of sale; sales promotion (if no orders are received)

This service code does not include:
  1. public relations services :- 998312
  2. separate placement of advertisements in media :- 998362
  3. separate market research services :- 99837
  4. separate photography services related to advertising :- 998382
  5. separate graphic design services for advertising :- 998391
  6. separate production of films for advertising :- 999612
  7. modeling agency services :- 998599
  8. advertising mailing services :- 998595

FAQs on SAC Code 998361

What is SAC Code 998361?

SAC Code 998361 refers to "Advertising Services" under the Services Accounting Code (SAC) system for services under GST. It falls under the heading "Other professional, technical and business services".

What is the GST rate applicable on SAC Code 998361?

The GST rate for SAC Code 998361 is 18%. GST rates are subject to change based on government notifications.

Which services are covered under SAC Code 998361?

This service code includes planning, concept development and execution of the full range of services for an advertising campaign, including creating the basic idea for an advertisement, writing the words and scenarios for advertisements, se…

Is SAC Code 998361 the same as HSN Code 998361?

No. SAC codes are used for services, whereas HSN codes are used for goods. Since services fall under GST Chapter 99, SAC codes are sometimes informally referred to as HSN codes in common searches.

How is SAC Code 998361 derived?

SAC codes follow a structured format: the first two digits (99) indicate services, the next two digits represent the major service category "Other professional, technical and business services", and the last two digits specify the detailed nature of the service "Advertising Services".

Where can I verify the latest GST rate for SAC Code 998361?

You can verify the latest and applicable GST rate from the official CBIC website at https://www.cbic.gov.in.

Disclaimer: The information provided above is for general reference only. SAC descriptions and GST rates are subject to change based on notifications issued by the Government of India. Users are advised to verify the latest and applicable details from the official CBIC (Central Board of Indirect Taxes & Customs) website.