SAC Code 997155 -- – Services related to the administration of financial markets (GST Rate 18%)

SAC Code 997155

Services related to the administration of financial markets

SAC997155

Services related to the administration of financial markets

18%
IGST
CGST9%
SGST/UTGST9%
CessNil
Heading: 9971
Subheading: 997155
Source: Notification No. 11/2017 - Central Tax (Rate) (services; 9/2025 reform did not change SAC slabs)
Effective from: 2017-07-01
Last verified: 2026-06-06

When does this rate apply?

Use this SAC Code on tax invoices when supplying Services related to the administration of financial markets. GST is charged at 18% (IGST for inter-state, or CGST 9% + SGST 9% for intra-state). If the supply is exported under LUT, the rate is zero with no IGST charged.

This page is reviewed by CA Tirumalesh. For high-value or unusual transactions, confirm with the latest CBIC notification or consult a chartered accountant before invoicing.

Frequently asked questions

What is SAC Code 997155?
SAC Code 997155 is the official Service Accounting code for Services related to the administration of financial markets, as per the CBIC GST rate schedule.
What is the GST rate for SAC Code 997155?
SAC Code 997155 attracts GST at 18% (IGST). For intra-state supplies, this is split as CGST 9% + SGST 9%. As per Notification No. 11/2017 - Central Tax (Rate) (services; 9/2025 reform did not change SAC slabs).
Which chapter does SAC Code 997155 belong to?
SAC Code 997155 falls under Chapter 99 -- Services of the GST tariff.
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