Construction Services - GST Rates  SAC Code 9954

Construction services in India have been subjected to various changes due to the implementation of the Goods and Services Tax (GST) from July 1, 2017. GST has simplified the tax structure for construction services by bringing them under one tax regime. GST rates and SAC code for construction services are important aspects that every construction service provider needs to know. In this article, we will discuss the GST rates and SAC code for construction services in India.

GST Rates for Construction Services

GST rates for construction services are divided into three categories - 5%, 12%, and 18%. Let's take a look at the GST rates for various construction services:

1. Works Contract Services - 12%
2. Composite Supply of Works Contract Services - 12%
3. Construction of a Complex, Building, Civil Structure or a Part thereof, intended for Sale - 18%
4. Construction of a Complex, Building, Civil Structure or a Part thereof, intended for Personal Use - 12%
5. Construction Services provided to the Government - 12%
6. Construction Services provided to a Registered Person - 18%

It is important to note that the GST rates for construction services are subject to change as per the notifications issued by the GST Council from time to time.

SAC Code for Construction Services

Every service under GST is classified under a specific Service Accounting Code (SAC). SAC code for construction services is 9954. Let's take a look at the SAC code for various construction services:

1. Works Contract Services - SAC code 9954
2. Composite Supply of Works Contract Services - SAC code 9954
3. Construction of a Complex, Building, Civil Structure or a Part thereof, intended for Sale - SAC code 9954
4. Construction of a Complex, Building, Civil Structure or a Part thereof, intended for Personal Use - SAC code 9954
5. Construction Services provided to the Government - SAC code 9954
6. Construction Services provided to a Registered Person - SAC code 9954

Conclusion

GST has simplified the tax structure for construction services in India by bringing them under one tax regime. It is important for every construction service provider to know the GST rates and SAC code for construction services to comply with the GST laws. We hope this article has provided you with the necessary information regarding GST rates and SAC code for construction services in India.

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