Higher education services, general Under SAC Code 999241

SAC Code 999241 is used to classify Higher education services, general under GST. It helps businesses apply the right tax rate, maintain clean invoices, and improve compliance during GST return filing.

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999241 SAC Code GST Rate

Review old and new GST rates for Higher education services, general under 999241 SAC Code.

SAC Code

999241

Description

Higher education services, general

New Rate

0 %
Exempted

Old Rate

0 %

Notes

Degree granting higher education by universities and similar recognised institutions is generally exempt from GST when provided to their own students, with no ITC on inputs used solely for such exempt supplies.

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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.