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SAC code 9984 is specifically assigned to telecommunication services provided by businesses. This code serves as a crucial classification system that determines the applicable GST rates for such services. It is mandatory for businesses engaged in offering telecommunication services to utilize SAC code 9984 when filing their GST returns.
By using SAC code 9984, businesses ensure accurate categorization and compliance with GST regulations specifically for telecommunication services. This code facilitates proper identification and differentiation of telecommunication services, streamlining administrative and regulatory processes related to taxation.
Implementing SAC code 9984 is essential for businesses in the telecommunication industry as it enables them to calculate and report GST accurately. It helps businesses stay compliant with GST laws and regulations, ensuring proper taxation and appropriate documentation of telecommunication services.
Utilizing the designated SAC code for telecommunication services enhances transparency, reduces errors, and promotes consistency in GST reporting. It enables authorities to monitor and regulate the telecommunication sector effectively, contributing to a streamlined and efficient taxation system.
SAC Code 9984 under GST can be classified in the following ways:
| SAC Code | Description | Rates(%) |
|---|---|---|
| 9984 | Services by way of collecting or providing news by an independent journalist, Press Trust of India or United News of India. | Nil |
| 9984 | Services of public libraries by way of lending of books, publications or any other knowledge-enhancing content or material. | Nil |
| 9984 | Services provided by the Goods and Services Tax Network to the Central Government or State Governments or Union territories for implementation of Goods and Services Tax. | Nil |
| 998411 | Carrier services | 18% |
| 998412 | Fixed telephony services | 18% |
| 998413 | Mobile telecommunications services | 18% |
| 998414 | Private network services | 18% |
| 998415 | Data transmission services | 18% |
| 998419 | Other telecommunications services including Fax services, Telex services n.e.c. | 18% |
| 998421 | Internet backbone services | 18% |
| 998422 | Internet access services in wired and wireless mode. | 18% |
| 998423 | Fax, telephony over the Internet | 18% |
| 998424 | Audio conferencing and video conferencing over the Internet | 18% |
| 998424 | (i) Supply consisting only of e-book. Explanation.- For the purposes of this notification, “ebooks” means an electronic version of a printed book (falling under tariff item 4901 in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)) supplied online which can be read on a computer or a handheld device | 5% |
| 998429 | Other Internet telecommunications services n.e.c. | 18% |
| 998431 | Online text based information such as online books, newspapers, periodicals, directories etc | 18% |
| 998432 | Online audio content | 18% |
| 998433 | Online video content | 18% |
| 998434 | Software downloads | 18% |
| 998439 | Other on-line contents n.e.c. | 18% |
| 998441 | News agency services to newspapers and periodicals | 18% |
| 998442 | Services of independent journalists and press photographers | 18% |
| 998443 | News agency services to audiovisual media | 18% |
| 998451 | Library services | 18% |
| 998452 | Operation services of public archives including digital archives | 18% |
| 998453 | Operation services of historical archives including digital archives | 18% |
| 998461 | Radio broadcast originals | 18% |
| 998462 | Television broadcast originals | 18% |
| 998463 | Radio channel programmes | 18% |
| 998464 | Television channel programmes | 18% |
| 998465 | Broadcasting services | 18% |
| 998466 | Home programme distribution services | 18% |
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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