BUSY is a simple, yet powerful GST / VAT compliant Business Accounting Software that has everything you need to grow your business.
From legal advice to software support, consultancy services are a major part of India’s service sector. Under the Goods and Services Tax regime, most consultancy services are taxable. In this guide, we break down the gst on consultancy services, including rates and classifications by profession.
Consultancy services include any professional advice, guidance, or expertise offered in exchange for a fee. These services are considered taxable under GST and fall under SAC Code 9983 or specific subcategories based on the industry.
The standard consultancy services gst rate is:
This rate applies to almost all types of consultancy, regardless of whether it’s a one-time consultation or a long-term professional service.
Get a Free Trial – Best Accounting Software For Small Business
| Service Type | GST Rate | Applicable SAC |
|---|---|---|
| Legal consultancy | 18% | 998213 |
| Medical consultancy (non-doctors) | 18% | 998399 |
| Software consultancy services | 18% | 998313 |
| Management consultancy services | 18% | 998311 |
| Engineering consultancy services | 18% | 998346 |
| Architectural consultancy services | 18% | 998321 |
Explore a Free Demo of – Best Inventory Management Software For Small Business
However, ITC is not allowed for personal use expenses. Learn more about claim Input Tax Credit.
To qualify, payment must be received in foreign currency and the recipient must be located outside India.
Get a Free Trial – Best GST Accounting Software For Small Business
Understanding the correct gst on consultancy services helps professionals, agencies, and clients manage taxation correctly and stay compliant with billing and filing requirements. For more info, refer to our guide on GST returns.
BUSY is a simple, yet powerful GST / VAT compliant Business Accounting Software that has everything you need to grow your business.