Gst rate and HSN code for job work of manufacturing of soft drinks?
please reply.
Sadik Shaikh (ca) (52 Points)
07 February 2021
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 10 February 2021
GST RATE ON SAC CODE - 998818 IS 18%
Services Accounting Codes (SAC Codes) 998818 is used for the Beverage manufacturing services under the Goods and Service Tax classification.
Therefore, the HSN code for job work will be a Service Accounting Code(SAC). Here are some of the services fall under 9988 SAC. You may refer to our GST rate for services table for various types of job work services under GST and their GST rates on the group level.
The aerated beverages are currently placed under the highest GST slab of 28 percent with a compensation cess of 12 percent.
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