TaxTMI 
TaxTMI 
HSN Code for agency servicers
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....SN Code for agency servicers<br> Query (Issue) Started By: - Amisha Aggarwal Dated:- 16-5-2025 Last Reply Date:- 17-5-2025 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>HSN/SAC Code for intermediary agency services? providing customer leads or customers Reply By KASTURI SETHI: The Reply: Chapter/heading no. 9971 covers intermediary services. Reply By Shilpi Jain: The Reply: C....
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....ertain other HSN 998362 Purchase or sale of advertising space or time, on commission 996111 Services provided for a fee/commission or contract basis on wholesale trade 996211 Services provided for a fee/commission or contract basis on retail trade Reply By YAGAY andSUN: The Reply: If you're providing intermediary services-such as generating leads or connecting potential customers....
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.... with businesses-the correct SAC (Services Accounting Code) falls under Chapter 9971. SAC Code: 9971.39 - Other Intermediary Services This code specifically covers services where a person or agency acts as a middleman in the sale or purchase of goods or services. If your role involves connecting buyers with sellers, supplying qualified leads, or facilitating transactions (even if you don't c....
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....lose the sale yourself), then SAC 9971.39 is the right classification. This includes: * Lead generation with the intent of connecting parties for business * Commission-based sales or customer referrals * Acting as a channel partner or broker GST Rate: The GST applicable on such intermediary services under SAC 9971.39 is typically 18%. Important Distinction: If you're not facilitatin....
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....g actual deals but instead providing general marketing, research, or advisory services (like preparing strategies or running ad campaigns), then a different SAC-such as 9983 (business consultancy) or 9984 (advertising services)-might apply. In summary, for lead generation or customer acquisition where you act as a bridge between two parties for a business deal, 9971.39 is the correct SAC code to ....
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....use. Let me know what kind of involvement you have in the sales or deal-making process if you want to double-check. Reply By KASTURI SETHI: The Reply: For 100 % accurate reply, the query needs to be elaborated with full facts. Reply By YAGAY andSUN: The Reply: Different/Alternate/Diversified views are the foundation of any Discussion Forum. Any how, Complete Facts/data/inputs/informatio....
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....n are the trigger point of a valid legal view/opinion. Agree with Kasturi Sir on it.<br> Discussion Forum - Knowledge Sharing ....