SAC Code
999520
Description
Services furnished by trade unions
New Rate
Old Rate
Notes
Nil when a trade union collects reimbursement of charges or contributions from its own members. Other services by a trade union are taxed at 18% with input tax credit. Source: Notification 12/2017-Central Tax (Rate), S. No. 77(a); Notification 11/2017-Central Tax (Rate), S. No. 33.