Leather and leather product manufacturing services Under SAC Code 998823

SAC Code 998823 is used to classify Leather and leather product manufacturing 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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998823 SAC Code GST Rate

Review old and new GST rates for Leather and leather product manufacturing services under 998823 SAC Code.

SAC Code

998823

Description

Leather and leather product manufacturing services

New Rate

5% with ITC for Chapter 41 job work; otherwise 18% with ITC

Old Rate

12% with ITC for Chapter 41 job work; otherwise 18% with ITC

Notes

Job work on hides, skins and leather of Chapter 41 is 5%. This excludes leather goods and footwear of Chapters 42 and 64. Other manufacturing services under this broad SAC may be 18%; classify the processed goods first.

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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.