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SAC code 9971

SAC code 9971: Financial and related services

SAC 9971 covers financial and related services. Codes under it are 6 digits and start with 9971; services are invoiced with the SAC instead of an HSN code.

⚠️About GST rates: GST rates on many goods changed from 22 September 2025, when most items moved to the 5% and 18% slabs and a few to 40%. This finder lists codes and descriptions only — confirm the rate for your item in the current CBIC rate notification before you invoice.

6-digit SAC codes under 9971

SAC codeDescription
997111Central Banking Services
997112Deposit Services
997113Credit-Granting Services Including Stand-By Commitment, Guarantees And Securities
997114Financial Leasing Services
997119Other Financial Services (Except Investment Banking, Insurance Services And Pension Services)
997120Investment Banking Services
997131Pension Services
997132Life Insurance Services (Excluding Reinsurance Services)
997133Accident And Health Insurance Services
997134Motor Vehicle Insurance Services
997135Marine, Aviation And Other Transport Insurance Services
997136Freight Insurance Services And Travel Insurance Services
997137Other Property Insurance Services
997139Other Non-Life Insurance Services (Excluding Reinsurance Services)
997141Reinsurance Services
997151Services Related To Investment Banking Such As Mergers And Acquisition Services, Corporate Finance And Venture Capital Services
997152Brokerage And Related Securities And Commodities Services Including Commodity Exchange Services
997153Portfolio Management Services Except Pension Funds
997154Trust And Custody Services
997155Services Related To The Administration Of Financial Markets
997156Financial Consultancy Services
997157Foreign Exchange Services
997158Financial Transactions Processing And Clearing House Services
997159Other Services Auxiliary To Financial Services
997161Insurance Brokerage And Agency Services
997162Insurance Claims Adjustment Services
997163Actuarial Services
997169Other Services Auxiliary To Insurance And Pensions

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