SAC code under RCM

[Dinesh Biyanee]

what is the SAC code for Director sitting fees

AI Summary

Discussion on Correct SAC Code for Director Sitting Fees Under GST RCM; Suggested Code: 998311. Expert Opinions Needed. A query was raised regarding the appropriate SAC code under the Reverse Charge Mechanism (RCM) for director sitting fees under the Goods and Services Tax (GST). Three participants contributed to the discussion. One participant suggested classifying it under SAC code 998311, noting that director services are not specifically categorized. Two others agreed with this classification, inviting further expert opinions for confirmation or correction.