SAC Code 998341: Geological and geophysical consulting
SAC code 998341 classifies geological and geophysical consulting under India's GST system. GST rate: 18%.
GST Rate Breakdown
- GST Rate: 18%
- CGST + SGST (intra-state): 9% + 9%
- IGST (inter-state): 18%
Rate reflects the GST 2.0 structure effective 22 September 2025 (slabs 0%, 5%, 18%, 40%). Some items vary by price or type, so confirm the current rate on the official GST portal before invoicing.
18% is India's standard GST rate applying to the majority of goods and services
18% is India's standard GST rate applying to the majority of goods and services. Geological and geophysical consulting falls in this bucket. Full ITC available.
Sample Calculation for Geological and geophysical consulting
- Taxable value: ₹10,000
- GST (18%): ₹1,800
- Intra-state: ₹900 CGST + ₹900 SGST
- Inter-state: ₹1,800 IGST
- Total: ₹11,800
When to Use SAC Code 998341
Use SAC code 998341 on every tax invoice for geological and geophysical consulting. Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about SAC 998341
What is SAC code 998341?
SAC code 998341 classifies geological and geophysical consulting under India's GST system. The applicable GST rate is 18%.
What is the GST rate for Geological and geophysical consulting?
Geological and geophysical consulting attracts 18% GST. For intra-state sales: 9% CGST + 9% SGST. For inter-state: 18% IGST.
Is Geological and geophysical consulting exempt from GST?
No. Geological and geophysical consulting attracts 18% GST on every taxable sale.