HSN Codes · Chapter 99: Services (SAC)

SAC Code 997136

Freight insurance services and travel insurance services

Typical GST rate

Varies

Depends on sub-classification

Type

Service

SAC classification

Code level

6-digit

Sub-heading

Reading code 997136

SAC codes are always six digits and always begin with 99 — the services chapter. In 997136, the heading 9971 narrows the service group, and the final digits identify this specific service: freight insurance services and travel insurance services

All services under GST carry a 6-digit SAC beginning with 99 — construction, transport, IT, professional, financial, and every other service classification.

Related codes in heading 9971

  • 997111 — Central banking services
  • 997112 — Deposit services
  • 997113 — Credit-granting services including stand-by commitment, guarantees and securities
  • 997114 — Financial leasing services
  • 997115 — Transfer of the right to use any goods for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration
  • 997116 — Any transfer of right in goods or of undivided share in goods without the transfer of title thereof
  • 997119 — Other financial services (except investment banking, insurance services and pension services)
  • 997120 — Investment banking services
  • 997131 — pension services
  • 997132 — Life insurance services (excluding reinsurance services)

Frequently asked questions

The GST rate under 997136 depends on the specific item and applicable notifications. Check the classification with our HSN code finder and confirm the rate before invoicing.
Businesses with annual aggregate turnover of ₹5 crore or more must report at least 6 digits on e-invoices and e-way bills; below ₹5 crore, 4 digits is the B2B minimum. Exports require 8 digits.
Every line item on a GST tax invoice carries its SAC code alongside the description, quantity, taxable value, and tax breakup. The code also flows into your GSTR-1 HSN summary.

Related tools & guides

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