Consultancy services fall under the Service Accounting Code (SAC) 9983, which pertains to "Other professional, technical and business services."
Here is a more detailed breakdown of SAC code 9983 related to consultancy services:
- 99831: Legal services
- 99832: Accounting, auditing and bookkeeping services
- 99833: Tax consultancy and preparation services
- 99834: Architectural services, urban and land planning, and landscape architectural services
- 99835: Engineering services
- 99836: Scientific and other technical services
- 99837: Technical testing and analysis services
- 99838: Veterinary services
- 99839: Other professional, technical and business services not elsewhere classified
Specific SAC Codes for Consultancy Services:
- 998311: Legal consultancy services
- 998319: Other legal services
- 998321: Accounting and bookkeeping services
- 998322: Auditing services
- 998323: Tax consultancy and preparation services
- 998331: Market research and public opinion polling services
- 998332: Business and management consultancy services
- 998333: Public relations services
- 998334: Advertising services
- 998335: Photographic services
- 998336: Translation and interpretation services
GST Rate for Consultancy Services:
The GST rate for services classified under SAC code 9983, including consultancy services, is 18%.
