HSN Codes · Chapter 99: Services (SAC)

SAC Code 997221

Property management services on a fee or commission basis

Typical GST rate

18%

9% CGST + 9% SGST intra-state

Type

Service

SAC classification

Code level

6-digit

Sub-heading

Reading code 997221

SAC codes are always six digits and always begin with 99 — the services chapter. In 997221, the heading 9972 narrows the service group, and the final digits identify this specific service: property management services on a fee or commission basis

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 9972

  • 997211 — Rental or leasing services involving own or leased residential property
  • 997212 — Rental or leasing services involving own or leased non-residential property · GST 18%
  • 997213 — Trade services of buildings
  • 997214 — Trade services of time-share properties
  • 997215 — Trade services of vacant and subdivided land
  • 997219 — Other real estate services involving owned or leased property
  • 997222 — Building sales on a fee or commission basis or on contract basis
  • 997223 — Land sales on a fee or commission basis or on contract basis
  • 997224 — Real estate appraisal services on a fee or commission basis or on contract basis
  • 997229 — Other real estate services on a fee or commission basis or on contract basis

Frequently asked questions

Goods and services under 997221 typically attract 18% GST. Rates can vary by sub-classification and notifications, so confirm the applicable rate for your specific item.
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.

Invoice with this code in seconds

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