SAC Code-9966

SAC Code 9966 is for Vehicle Rental Services. This code specifically covers the rental of vehicles, excluding goods transport. It includes a wide range of options such as passenger cars, trucks, motorcycles, bicycles, trailers, and semi-trailers, with or without operators. Whether for personal or commercial use, SAC Code 9966 provides flexible solutions to meet temporary transportation needs.

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    Scope of SAC Code 9966

    The SAC Code 9966 is dedicated to vehicle rental services. This code encompasses the rental or leasing of various transport vehicles, excluding those specifically used for transporting goods. SAC code 9966 is further divided into the following categories:

    • Rental services of passenger cars, with or without operators.
    • Rental services of trucks, with or without operators.
    • Rental services of motorcycles and bicycles, with or without operators.
    • Rental services of trailers and semi-trailers, with or without operators.

    Categorisation of SAC Code 9966

    SAC Code 9966 under GST can be classified in the following ways:

    SAC Code Description Rates(%)
    9966 Services by way of giving on hire Ð (a) to a state transport undertaking, a motor vehicle meant to carry more than 12 passengers; or (b) to a goods transport agency, a means of transportation of goods. Explanation.- Ògoods transport agencyÓ means any person who provides service in relation to transport of goods by road and issues consignment note, by whatever name called. Nil
    9966 Renting of motor cab(motor vehicle designed to carry passengers inserted w.e.f 13/10/2017)where the cost of fuel is included in the consideration charged from the service recipient. 5 NO ITC (except for ITC on service procured from another service provider of transporting passengers in a motor vehicle or renting of a motor vehicle)
    9966 Renting of motor cab(motor vehicle designed to carry passengers inserted w.e.f 13/10/2017)where the cost of fuel is included in the consideration charged from the service recipient. 12%
    9966 Other Rental services of Transport vehicles with or without operators 18%
    9966 (ii) Time charter of vessels for transport of goods. 5% Provided that credit of input tax charged on goods (other than on ships, vessels including bulk carriers and tankers) has not been taken
    9966 Services by way of giving on hire – “(c) motor vehicle for transport of students, faculty and staff, to a person providing services of transportation of students, faculty and staff to an educational institution providing services by way of pre-school education and education upto higher secondary school or equivalent. Nil
    996601 Rental services of road vehicles including buses, coaches, cars, trucks and other motor vehicles, with or without operator 18%
    996602 Rental services of water vessels including passenger vessels, freight vessels etc with or without operator 18%
    996603 Rental services of aircraft including passenger aircrafts, freight aircrafts etc with or without operator 18%
    996609 Rental services of other transport vehicles n.e.c. with or without operator 18%

    Important Disclaimer

    The entire content on this page has been arranged to the best of the author’s understanding and is subject to periodic updates as per the law for the time being in force. The above does not constitute professional advice or a formal recommendation. While due care has been taken in preparing this content, the existence of mistakes and omissions cannot be ruled out. Busy Infotech Private Ltd. and its associates will not be held responsible for any loss or damage arising from any inaccurate or incomplete information in this document. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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