SAC Code 998361: Advertising space sale
SAC code 998361 classifies advertising space sale 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. Advertising space sale falls in this bucket. Full ITC available.
Sample Calculation for Advertising space sale
- 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 998361
Use SAC code 998361 on every tax invoice for advertising space sale. Businesses above ₹5 crore turnover must use the full 6-digit code. E-invoicing requires HSN/SAC on every line item.
FAQs about SAC 998361
What is SAC code 998361?
SAC code 998361 classifies advertising space sale under India's GST system. The applicable GST rate is 18%.
What is the GST rate for Advertising space sale?
Advertising space sale attracts 18% GST. For intra-state sales: 9% CGST + 9% SGST. For inter-state: 18% IGST.
Is Advertising space sale exempt from GST?
No. Advertising space sale attracts 18% GST on every taxable sale.