E Book Download Under SAC Code 998435

SAC Code 998435 is used to classify (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 under GST. It helps businesses apply the right tax rate, maintain clean invoices, and improve compliance during GST return filing.

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998435 SAC Code GST Rate

Review old and new GST rates for E Book Download under 998435 SAC Code.

SAC Code

998435

Description

(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

New Rate

5 %
Essential

Old Rate

5 %

Notes

Specific notification entry for supply consisting only of an ebook sets the rate at 2.5% CGST plus 2.5% SGST (total 5%) and this concessional rate is retained alongside 18% for other 9984 services. The explanation restricts this to electronic versions of printed books falling under tariff item 4901.

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Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.