SAC code 997337
Service code in chapter 99 — All Services
Licensing services for the right to use minerals including its exploration and evaluation
Classification
| Code type | SAC — Services Accounting Code |
|---|---|
| Level | Service code (6 digits) |
| Chapter 99 | All Services |
| Heading 9973 | Leasing or rental services without operator |
| Service code 997337 | Licensing services for the right to use minerals including its exploration and evaluation |
Other codes under 9973
Using SAC 997337 in GST
On GST invoices, a business with annual turnover up to ₹5 crore must show at least the first 4 digits (9973) on B2B invoices, and a business above ₹5 crore must show 6 digits (997337) on all invoices. The full 8-digit code is used for imports and exports.
The GST rate depends on the exact goods or service and any conditions in the rate notification, so it is not listed here. Check the official CBIC GST rate finder, then work out the tax with the GST calculator or make a bill with the GST invoice generator.
Frequently asked questions
What is SAC code 997337?
SAC code 997337 is the service code for: Licensing services for the right to use minerals including its exploration and evaluation.
What is the GST rate for SAC 997337?
GST rates are set by CBIC rate notifications and can depend on conditions, so check the CBIC GST rate finder for SAC 997337 before invoicing.
How many digits of SAC 997337 should I write on my invoice?
Up to ₹5 crore turnover: at least 4 digits (9973) on B2B invoices. Above ₹5 crore: 6 digits (997337) on all invoices.