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Real Estate

SAC 997214

Trade services of time-share properties

18% GST

What is SAC code 997214?

SAC (Service Accounting Code) 997214 classifies trade services of time-share properties under the Indian GST framework. The applicable GST rate is 18%. This SAC falls under the Real Estate service category.

GST rate
18%
Intra-state split
CGST 9% + SGST 9%

When to use SAC 997214

  • Issuing tax invoices for trade services of time-share properties
  • Filing GSTR-1 with service-wise summary
  • Reverse charge mechanism (RCM) classification where applicable
  • Place of supply determination for services
Note: SAC codes are 6-digit; the first 4 represent the chapter group. Verify with gst.gov.in.
→ Generate invoice with SAC 997214→ Calculate GST at 18%→ Find another SAC

Related SAC codes in Real Estate

9972
Real estate services
18%
997211
Real estate broker services
18%
997212
Rental or leasing services involving own or leased non-residential property
18%
997213
Trade services of buildings
18%
997215
Trade services of vacant and subdivided land
18%
997221
Property management services
18%