What is the HSN code for the auditing fee expense?

KA Kathrynbarker asked on 03 April 2020, 20:07
1 answers / 240 views / 2 votes

For services its SAC(Services Accounting Code) and for Goods its HSN(Harmonized System Nomenclature).

Audit fee comes under Heading no. 9982 -Legal and accounting services

Group: 99822 Accounting, auditing and bookkeeping services

specific SAC for Financial auditing services is 998221

for Accounting and bookkeeping services is 998222.

You may mention no of digits of SAC in your invoice as per your turnover.

Click here https://cbec-gst.gov.in/gst-good...

to find HSN or SAC codes with relevant tax rates also check with the updated tax rate notifications from http://www.cbec.gov.in/htdocs-cb...

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