Collection Agency Under SAC Code 998592

SAC Code 998592 is used to classify Collection agency services under GST. It helps businesses apply the right tax rate, maintain clean invoices, and improve compliance during GST return filing.

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998592 SAC Code GST Rate

Review old and new GST rates for Collection Agency under 998592 SAC Code.

SAC Code

998592

Description

Collection agency services

New Rate

18 %
Standard

Old Rate

18 %

Notes

Debt collection and recovery agency services are classified here and attract 18% GST in practice, with only the narrow sports event line offering concessional treatment without ITC.

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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.