The HSN (Harmonized System of Nomenclature) code 9988 pertains to services rather than goods. Under the GST regime in India, SAC (Service Accounting Code) 9988 covers "Manufacturing services on physical inputs (goods) owned by others". This includes services provided on a contract or fee basis related to the manufacture of goods owned by others.
Here’s a more detailed breakdown:
- 99881: Services of metal working and treatment
- 99882: Machinery and equipment services
- 99883: Other manufacturing services; publishing, printing and reproduction services of recorded media
- 99884: Textile and textile product manufacturing services
- 99885: Leather and leather product manufacturing services
- 99886: Wood and wood product manufacturing services
- 99887: Paper and paper product manufacturing services
- 99888: Chemical and chemical product manufacturing services
- 99889: Other manufacturing services not elsewhere classified
For GST purposes in India, the GST rate for services under SAC code 9988 can vary, typically falling between 5% and 18%, depending on the specific type of manufacturing service.
