Gambling and betting services including similar online services Under SAC Code 999692

SAC Code 999692 is used to classify Gambling and betting services including similar online 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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999692 SAC Code GST Rate

Review old and new GST rates for Gambling and betting services including similar online services under 999692 SAC Code.

SAC Code

999692

Description

Gambling and betting services including similar online services

New Rate

18 %
Standard

Old Rate

28 %

Notes

This SAC explicitly covers gambling, betting, casinos and similar services. Earlier, the standard rate was 28% on face value of bets for such services. With the rationalisation that withdraws the 28% slab from most services and does not list this SAC in the 40% demerit bucket, the typical rate to show from 22 Sep 2025 is 18% with ITC, while noting that certain online money gaming periods had distinct 28% rules in earlier years.

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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.