Vacant Land Sales Services Under SAC Code 997215
Vacant land sales services focus on buying and selling open plots, agricultural conversions and land subdivisions. Real estate agents and consultants support land sale transactions by identifying plots, coordinating site visits, assisting in negotiation and guiding on documentation. Under GST, such vacant land sales related services are classified under SAC 997215. This SAC code and its GST treatment decide how GST applies on brokerage, advisory fees and other service charges linked to land transactions.
Vacant Land Sales Services GST Rate for SAC Code 997215
Real estate leasing and property transaction services under these SAC codes are treated as real estate related services under GST. The taxable value usually includes rent for taxable properties, service fees, brokerage, facility charges and other consideration received from tenants, buyers or sellers, while pure security deposits and government taxes collected at actuals may be kept outside the value where conditions are met.
After the September 2025 revision, most commercial rental and property service components that are not specifically exempt are generally placed in the 18% slab with input tax credit for eligible registered business tenants and clients. At the same time, certain residential rentals used for personal living and specific land related transactions may enjoy exemption subject to conditions, so these must be checked carefully before finalising GST treatment.
The table below gives an overview of the GST position for SAC code 997215, highlighting the 18% slab for taxable service charges in vacant land sales while considering exemptions available for transfer of land.
| Code | Description | Old GST Rate (till 21 Sep 2025) |
New GST Rate (from 22 Sep 2025) |
Notes on change / inclusions |
|---|---|---|---|---|
| 997215 | Trade services of vacant and subdivided land | 18% with ITC | 18% with ITC | The direct sale of land is outside GST, but brokerage, marketing or trade services around land plots are taxable at 18%. Rate lists for real estate services show 18% for such fee based activities and this has not been changed by the 56th Council. |
Landlords, brokers and real estate service providers using these SAC codes should align their invoicing, GST rate in % and tax calculation with the latest notifications and clearly indicate whether a transaction is taxable or exempt. This helps business tenants and property clients understand GST impact and maintain proper records for their own GST returns.
Explore Other SAC Codes Under 9972
These SAC codes fall under the real estate services group 9972, which covers leasing, rental, sale related services and other support activities involving land and buildings. Each six digit SAC within this group identifies a particular type of real estate service for GST classification and reporting.
The list below highlights key six-digit SAC codes under 9972.
Property owners, agents and consultants should choose the SAC that best matches their main activity, whether it is residential property rental, commercial leasing, building sale services, timeshare property services or vacant land sales. Using the correct SAC and GST rate in % makes billing more transparent and reduces the risk of disputes during GST scrutiny.
Conclusion
Vacant land sales related services under SAC 997215 cover brokerage and advisory support for buying and selling plots and land parcels. While transfer of land itself can be exempt, professional service fees around these transactions usually fall in the 18% GST slab with input tax credit for registered business clients. Agents and consultants should classify their service charges under SAC 997215, apply the correct GST rate in % and ensure their billing reflects the right tax treatment.
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.