GST Rate on Property management
The GST rate on property management is 18%, under SAC code 997221 (property management services). Here is the full breakdown, a worked example, and related rates in Services.
GST rate breakdown for property management
- GST rate: 18%
- Intra-state: 9% CGST + 9% SGST
- Inter-state: 18% IGST
- SAC code on the invoice: 997221
- Also covers: real estate management
Rates reflect the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Confirm the current rate on the official GST portal before invoicing.
Worked example: GST on property management
- Taxable value: ₹10,000
- GST (18%): ₹1,800
- Within state: ₹900 CGST + ₹900 SGST
- To another state: ₹1,800 IGST
- Invoice total: ₹11,800
FAQs about GST on property management
What is the GST rate on property management?
The GST rate on property management is 18%. Intra-state it is 9% CGST + 9% SGST; inter-state it is 18% IGST. Property management falls under SAC code 997221.
What is the HSN code for property management?
Property management falls under SAC code 997221, which covers property management services. Show this code on every GST tax invoice line for property management.