What is SAC code 997332?

SAC (Service Accounting Code) 997332 classifies licensing services for the right to broadcast and show original films, sound recordings, radio and television programme etc under the Indian GST framework. The applicable GST rate is 18%. This SAC falls under the Leasing service category.

GST rate

18%

Intra-state split

CGST 9% + SGST 9%

When to use SAC 997332

Issuing tax invoices for licensing services for the right to broadcast and show original films, sound recordings, radio and television programme etc
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 997332 → Calculate GST at 18%→ Find another SAC