SAC code 997339
Service code in chapter 99 — All Services
Licensing services for the right to use other intellectual property products and other resources nowhere else classified
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 997339 | Licensing services for the right to use other intellectual property products and other resources nowhere else classified |
Other codes under 9973
Using SAC 997339 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 (997339) 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 997339?
SAC code 997339 is the service code for: Licensing services for the right to use other intellectual property products and other resources nowhere else classified.
What is the GST rate for SAC 997339?
GST rates are set by CBIC rate notifications and can depend on conditions, so check the CBIC GST rate finder for SAC 997339 before invoicing.
How many digits of SAC 997339 should I write on my invoice?
Up to ₹5 crore turnover: at least 4 digits (9973) on B2B invoices. Above ₹5 crore: 6 digits (997339) on all invoices.