Services Under SAC Code 998113
Book A Demo
Services GST Rate for SAC Code 998113
| Code | Description | Old GST Rate (till 21 Sep 2025) |
New GST Rate (from 22 Sep 2025) |
Notes on change / inclusions |
|---|---|---|---|---|
| 998113 | Research and experimental development services in medical sciences and pharmacy. | 18% with ITC | 18% with ITC | Research and development services under heading 9981 have been at 18% since 2017 and continue at 18% after GST 2.0 changes. No specific concession or slab change announced for this heading in the 56th Council documents. |
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.