Storage And Warehousing Services Under Gst

Explanation of sac code 99672.

Storage and warehousing services under gst.

Gst service number 996729 other storage and warehousing services. Sac services accounting code are used for the identification of the service. Services accounting codes sac codes 99672 is used for the storage and warehousing services under goods and service tax classification. Services relating to cultivation of plants and rearing of all life forms of animals except the rearing of horses for food fibre fuel raw material or other similar products or agricultural produce by way of a agricultural operations directly related to production of any agricultural produce including cultivation.

Storage and warehousing includes storage and warehousing services for goods including liquids and gases but does not include any service provided for. Gst code 996722 bulk liquid or gas storage services. Storage and warehousing of agriculture produce falls under service account code sac 9986 and not under 9967. This service comes under heading supporting services in transport.

Question no 15 our company is in the activity of providing services in the nature of warehousing for loading unloading packing storage or warehousing of agricultural produce therefore we sought an advance ruling regarding applicability of exemption to such activity. Hs code goods service discription sgst cgst igst cess conditions. B whether the services falls under sac 998619 the exemption under notification no 12 2017 central tax rate dated 28 06 2017 under entry no 54 e is applicable to both farmers and traders. Gst service tariff codeheading no 9967.

Gst service code 99672. Supporting services in transport. Storage and warehousing services.