Car Parking Services Under SAC Code 996743
Car parking services cover running and managing organised parking spaces for cars and other vehicles in malls, offices, residential complexes and markets. Operators provide marked slots, entry and exit control and basic safety for parked vehicles. Under GST, these car parking and parking lot management services are classified under SAC 996743. This SAC code and its GST rate decide how GST applies on parking fees.
Car Parking Services GST Rate for SAC Code 996743
Car parking services under SAC 996743 are treated as parking and access services under GST. Parking fees in malls, offices, complexes and organised parking lots are generally taxable unless a specific exemption is notified for a particular project or authority.
After the September 2025 rationalisation, most supporting transport and infrastructure operation services under these codes generally fall in the 18 percent slab with input tax credit, as they are business to business and input intensive. In limited public infrastructure or government notified cases, concessional or special treatment may apply as per the latest GST notifications.
The table below explains the current GST rate applicable to SAC code 996743 for typical supporting transport and infrastructure services.
| Code | Description | Old GST Rate (till 21 Sep 2025) |
New GST Rate (from 22 Sep 2025) |
Notes on change / inclusions |
|---|---|---|---|---|
| 996743 | Parking lot services | 18% with ITC | 18% with ITC | Storage and parking services for vehicles have consistently been at 18% with ITC in the supporting transport services schedule. While some compilations show a 5/12/18 structure due to shared notes for special FIFA exemptions, the operative general rate is 18% and is not explicitly restructured by the 56th Council. |
When issuing invoices under this SAC code, service providers should clearly show the service value, the GST rate and tax amount so that clients can book the expense and claim input tax credit wherever allowed. The same SAC code and rate should be applied consistently in GSTR 1 and GSTR 3B to keep GST records clear and easy to justify during scrutiny or audits.
Explore Other SAC Codes Under 9967
This SAC code is part of the supporting services in transport group 9967, which covers cargo handling, customs clearance, freight forwarding, storage, warehousing, passenger facilities, marine support and airport and port operations. The six digit SAC codes under this group help split different support functions for accurate GST classification.
Below is a list of related six-digit SAC codes under 9967
Transport, logistics and infrastructure businesses should select the SAC code that most closely matches the main support service they provide. Using the correct SAC and applying the 18 percent GST slab with input tax credit, or any concessional treatment where notified, helps avoid disputes and keeps the input tax credit trail clean for both service providers and customers.
Conclusion
Car parking services under SAC 996743 cover managed parking operations in malls, offices, complexes and public places. These services are typically taxed at 18 percent with input tax credit, as they are commercial facility services. Operators and property owners should apply the proper GST rate on parking receipts, keep clear records of collections and follow the same treatment in GST returns. For municipal or government parking projects, it is wise to check any specific GST exemptions or concessions.
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.