RATE OF TAX ON SALE OF MEIS LICENCE AND CODE NO

[NITIN DESAI]

SIR,

KINDLY PROVIDE US HSN CODE NO AND RATE OF TAX ON SALE OF MEIS LICENCE.

THANKS.

N R DESAI

[MUKUND THAKKAR]

For which items exported and getting MEIS ?

[Kishan Barai]

SAC Code is 998399 & Rate is 18%

AI Summary

Tax on sale of MEIS licence classified as a taxable service and therefore subject to GST liability.
Sale of MEIS licences is identified as classifiable under SAC 998399 and stated to attract GST at an indicated rate of 18%; one respondent queried which exported items the MEIS related to.