HSN Codes · Chapter 99: Services (SAC)
SAC Code 997231
Services by way of grant of development rights, FSI or additional FSI
Typical GST rate
Varies
Depends on sub-classification
Type
Service
SAC classification
Code level
6-digit
Sub-heading
Reading code 997231
SAC codes are always six digits and always begin with 99 — the services chapter. In 997231, the heading 9972 narrows the service group, and the final digits identify this specific service: services by way of grant of development rights, FSI or additional FSI
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
- 997221 — Property management services on a fee or commission basis · GST 18%
- 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
Frequently asked questions
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