HSN code for consultancy services
The HSN code for consultancy services generally falls under 9983. However, the specific code depends on the type of consultancy you provide. Here’s a breakdown:
- 998311: This is the most common code for consultancy services. It covers management consulting and management services, including financial, strategic, human resources, marketing, operations, and supply chain management.
Here4 are some other HSN codes related to consultancy, depending on the specialization:
- 998331: Architectural consultancy services
- 998332: Engineering consultancy services
- 998333: Scientific and technical consultancy services
- 998222: Tax consultancy and preparation services
- 998231: Corporate tax consultancy and preparation services
| Service Type | SAC Code | GST Rate |
| Management Consulting (Strategy, HR, Marketing) | 998311 | 18% |
| Business Consulting (PR, Business Support) | 998312 | 18% |
| IT Consulting (Software & Support) | 998313 | 18% |
| Tax Consultancy (Corporate/Individual Tax Planning) | 998231 / 998232 | 18% |
| Scientific & Technical Consulting | 998393 | 18% |
| Other Professional Services (N.E.C.) | 998399 | 18% |
Important Notes:
- GST Rate: The GST rate for most consultancy services is 18%.
- Accurate Classification: It’s essential to classify your consultancy services under the correct HSN code to ensure accurate GST calculation and compliance. If you’re unsure, consult a tax professional or refer to the official HSN code list.
By using the correct HSN code, you ensure that your GST returns are accurate and compliant with the law.
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