Freight charges fall under the category of
"Goods transport services." The specific Service Accounting Code
(SAC) for freight charges is within the SAC code 9965.
SAC Code
for Freight Charges:
- 99651: Land transport services of goods
- 996511: Railway transport
services of goods including letters, parcels, live animals, household and
office furniture, intermodal containers, bulk cargo and freight.
- 996512: Road transport services
of goods including letters, parcels, live animals, household and office
furniture, intermodal containers, bulk cargo and freight.
- 996513: Transport services via
pipeline and other transport services.
- 99652: Water transport services of goods
- 996521: Coastal and transoceanic
water transport services of goods.
- 996522: Inland water transport
services of goods.
- 99653: Air transport services of goods
- 996531: Air transport services
of goods.
GST Rate
for Freight Charges:
The GST rate for goods transport services can
vary:
- 5% GST with no input tax credit (ITC)
- 12% GST with full input tax credit (ITC)
The rate depends on the mode of transportation
and the specifics of the service provided.
