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The SAC code for jewellery manufacturing services is actually 998892, not 998894. SAC code 998892 falls under the category of "Manufacturing services on physical inputs (goods) owned by others" and specifically represents jewellery manufacturing services.
The GST rate for this service is 18%.¹ ² If you're looking for information on SAC code 998894, it's actually related to musical instrument manufacturing services.³
Here's a brief overview of the SAC codes for manufacturing services: -
*9988*: Manufacturing services on physical inputs (goods) owned by others -
a*99889*: Other manufacturing services -
*998892*: Jewellery manufacturing services - *998894*: Musical instrument manufacturing services For more information on SAC codes and GST rates,
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