WE are rent a cab operator having billing customer at KM/Hours basis only passenger cars up to 7 seats capacity
and also run Radio taxi for airport services. we have coded as 996412 SAC and charging 5% GST but NO ITC
for us. But some other travels says it should be 996601. But it is also 5% and not ITC. what is appropriate
SAC code for our type of business mentioned above.
Rent-a-Cab Services Clarified: Use SAC 9966 for Motor Cabs with 5% GST, No ITC per Notification 11/2017. A rent-a-cab operator inquired about the appropriate SAC code for their services, which include passenger cars up to 7 seats and airport radio taxi services. They currently use SAC 996412 with a 5% GST but no input tax credit (ITC). A response clarified that the correct SAC for motor cab services is 9966, attracting 2.5% CGST and 2.5% SGST, or 5% IGST for inter-state services, without ITC, as per Notification No. 11/2017-Central Tax (Rate). Another participant sought clarification on the difference between SAC and HSN codes. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
