GST SAC Code For Real Estate Services
| SAC | RATE | |
| Rental or leasing services involving own or leased non-residential property | 997212 | 18% |
| Rental or leasing services involving own or leased Residential property | 997211 | 18% |
| Property Sales on a fee or commission basis or on a contract basis | 997222 | 18% |
| Property Management Services on a fee or commission or on contract basis | 997221 | 18% |
| Construction Services of a commercial building (After land deduction-1/3rd) | 995414 | 12% |
| Land sales on a fee/commission basis or contract basis | 997223 | 18% |
| Construction Service (Affordable housing) (After Land deduction 1/3rd | 995411 | 1% |
| Construction Service ( Non-Affordable housing) (After land deduction 1/3rd | 995411 | 5% |
| Construction Service ( Commercial in RREP) (After land deduction-1/3rd ) | 995414 | 5% |
| Construction Service (Residential )(other than new scheme) (After land deduction-1/3rd ) | 995411 | 12% |
| Construction Service (on going Affordable Residential project) specified in the notification(After land deduction-1/3rd ) | 995411 | 8% |
| Section, Heading or Group | Service Description |
| SECTION 5 | CONSTRUCTION SERVICES |
| HEADING 9954 | CONSTRUCTION SERVICES |
| Group 99541 | Construction services of buildings |
| 995411 | Construction services of single dwelling or multi-dwelling or multi-storied residential buildings |
| 995412 | Construction services of other residential buildings such as old age homes, homeless shelters, hostels, and the like |
| 995413 | Construction services of industrial buildings such as buildings used for production activities (used for assembly line activities), workshops, storage buildings, and other similar industrial buildings |
| 995414 | Construction services of commercial buildings such as office buildings, exhibition and marriage halls, malls, hotels, restaurants, airports, rail or road terminals, parking garages, petrol and service stations, theatres, and other similar buildings |
| 995415 | Construction services of other non-residential buildings such as educational institutions, hospitals, clinics including veterinary clinics, religious establishments, courts, prisons, museums, and other similar buildings |
| 995416 | Construction services of other buildings nowhere else classified |
| 995419 | Services involving repair, alterations, additions, replacements, renovation, maintenance, or remodeling of the buildings covered above |
Related Topic:
Construction Services Under GST – A Detailed Information
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