SAC 997222 is the services accounting code for building sales on a fee or commission basis or on contract basis, under heading 9972 (real estate services). GST is 18%: 9% CGST + 9% SGST within a state, or 18% IGST to another state. Rates as of 2026-10-21.
SAC 997222 at a glance
| SAC (6 digits) | 997222 |
|---|---|
| Group (5 digits) | 99722 |
| Heading (4 digits) | 9972: Real estate services |
| Section | 7: Financial and related services; real estate; rental and leasing services |
| Description | Building sales on a fee or commission basis or on contract basis |
| GST rate | 18% |
| Within the state | 9% CGST + 9% SGST (or UTGST) |
| To another state | 18% IGST |
Other real estate services: 18% under 11/2017-CT(R), S. No. 16, item (iii).
Rate entry for SAC 997222
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. 16, item (iii) | Other real estate services | 18% | None |
Some services under this heading may be exempt under Notification 12/2017-Central Tax (Rate), as amended; check that list before charging GST.
Worked example: a ₹1,000 bill under SAC 997222
Value of service ₹1,000.00. Client in your state: CGST ₹90.00 + SGST ₹90.00 = ₹180.00, bill total ₹1,180.00. Client in another state (place of supply outside your state): IGST ₹180.00, the same total.
The GST calculator does the same split for any amount.
Putting SAC 997222 on your invoice
Notification 78/2020-Central Tax requires at least 4 digits of the SAC (9972) on B2B tax invoices when aggregate turnover in the previous year was up to ₹5 crore, and 6 digits (997222) 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 9972
- SAC 997221: Property management services on a fee or commission basis or on contract basis (18%)
- SAC 997223: Land sales on a fee or commission basis or on contract basis (18%)
- SAC 997224: Real estate appraisal services on a fee or commission basis or on contract basis (18%)
- SAC 997229: Other real estate services on a fee or commission basis or on contract basis (18%)
- SAC 997211: Rental or leasing services involving own or leased residential property (18%)
- SAC 997212: Rental or leasing services involving own or leased non-residential property (18%)
- SAC 997213: Trade services of buildings (18%)
- SAC 997214: Trade services of time-share properties (18%)
- SAC 997215: Trade services of vacant and subdivided land (18%)
- SAC 997219: Other real estate services involving owned or leased property (18%)
- SAC 997231: Services by way of grant of development rights, FSI or additional FSI (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/1000996/ENG/Notifications
- taxinformation.cbic.gov.in/view-pdf/1010454/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.