The HSN (Harmonized System Nomenclature) code for freight and forwarding charges falls under the Service Accounting Codes (SAC) rather than HSN codes. The relevant SAC code for freight and forwarding services is as follows:
- SAC
Code: 9965
- This
SAC code covers "Goods transport services."
Subcategories:
- 996511: Road transport services of Goods including through freight
container.
- 996512: Railway transport services of Goods including through freight
container.
- 996513: Sea and coastal freight water transport services of Goods.
- 996514: Inland freight water transport services of Goods.
- 996515: Air and space transport services of Goods.
- 996519: Other land transport services of Goods.
GST Rate:
- GST
Rate: The GST rate for goods transportation
by road is generally 5% with no input tax credit (ITC) or 12% with full
ITC.
The SAC code and GST rate can vary based on the
specific mode of transport and the nature of the freight and forwarding
services.
