SAC 996602 is the services accounting code for rental services of water vessels including passenger vessels, freight vessels and the like operator, under heading 9966 (rental services of transport vehicles with operators). GST is 5% or 18%, depending on which entry of the rate notification describes the service. Rates as of 2026-10-21.
SAC 996602 at a glance
| SAC (6 digits) | 996602 |
|---|---|
| Group (5 digits) | 99660 |
| Heading (4 digits) | 9966: Rental services of transport vehicles with operators |
| Section | 6: Distributive trade; accommodation, food and beverage; transport; gas and electricity distribution services |
| Description | Rental services of water vessels including passenger vessels, freight vessels and the like operator |
| GST rate | 5% or 18%, by entry |
The rate depends on which entry describes the service: 5% for time charter of vessels for transport of goods (11/2017-CT(R), S. No. 10, item (ii)); 18% for other rental of transport vehicles with operators (11/2017-CT(R), S. No. 10, item (iii)).
Rate entries that can apply for SAC 996602
Service rates are set by description in the Table of Notification 11/2017-Central Tax (Rate), heading by heading. The descriptions below summarise each entry; the condition column is part of the rate.
| Entry | Service (summary) | GST | Condition |
|---|---|---|---|
| 11/2017-CT(R), S. No. 10, item (ii) | Time charter of vessels for transport of goods | 5% | No input tax credit on goods other than ships and vessels. |
| 11/2017-CT(R), S. No. 10, item (iii) | Other rental of transport vehicles with operators | 18% | None |
Worked example: a ₹1,000 bill under SAC 996602
Settle which entry applies first; a ₹1,000.00 bill then carries:
- At 5%: CGST ₹25.00 + SGST ₹25.00 (or IGST ₹50.00), total ₹1,050.00.
- At 18%: CGST ₹90.00 + SGST ₹90.00 (or IGST ₹180.00), total ₹1,180.00.
The GST calculator does the same split for any amount.
Putting SAC 996602 on your invoice
Notification 78/2020-Central Tax requires at least 4 digits of the SAC (9966) on B2B tax invoices when aggregate turnover in the previous year was up to ₹5 crore, and 6 digits (996602) on all tax invoices above ₹5 crore. Charge CGST and SGST when the place of supply is in your state and IGST when it is in another state. FundRaksha Book keeps the SAC and rate on each service item, so every bill splits the tax correctly and your party ledgers stay up to date.
Other SAC codes under heading 9966
- SAC 996601: Rental services of road vehicles including buses, coaches, cars, trucks and other motor vehicles, operator (5% or 18%)
- SAC 996603: Rental services of aircraft including passenger aircrafts, freight aircrafts and the like operator (18%)
- SAC 996604: Rental services of passenger vessels with operator (18%)
- SAC 996605: Rental services of goods vessels with operator (5% or 18%)
- SAC 996606: Rental service of passenger aircraft with operator (18%)
- SAC 996607: Rental service of goods aircraft with operator (18%)
- SAC 996609: Rental services of other transport vehicles nowhere else classified operator (18%)
Sources
- tutorial.gst.gov.in/downloads/HSN_SAC.xlsx
- taxinformation.cbic.gov.in/view-pdf/1000997/ENG/Notifications
- www.gstcouncil.gov.in/sites/default/files/2024-02/11-rate_notification-cgst-01.04.2019.pdf
- taxinformation.cbic.gov.in/view-pdf/1010453/ENG/Notifications
- taxinformation.cbic.gov.in/view-pdf/1000998/ENG/Notifications
- www.gstcouncil.gov.in/sites/default/files/2024-05/notfctn-78-central-tax-english-2020.pdf
Codes and descriptions: GSTN HSN/SAC master (HSN_SAC.xlsx, sheet SAC_MSTR), file dated 13.10.2026, read on 21.10.2026. Rates: Notification 11/2017-Central Tax (Rate) as amended up to Notification 15/2025-Central Tax (Rate) (in force 22.09.2025), with the individual insurance exemptions of Notification 12/2017-Central Tax (Rate) S. Nos. 36C to 36E.