997221Property management services on a fee or commission basis or on contract basis
Service Accounting Code 997221 falls under Section 9972 — real estate services of the Indian GST classification for services.
Check the current GST rate on CBIC
India's GST rate structure was rationalised in September 2025. To stay accurate, we link straight to the official source rather than caching a rate that could drift. See current rate on cbic-gst.gov.in →
Where this code sits
Real estate services
Related services under section 9972
997211
Rental or leasing services involving own or leased residential property
997212
Rental or leasing services involving own or leased non-residential property
997213
Trade services of buildings
997214
Trade services of time-share properties
997215
Trade services of vacant and subdivided land
997219
Other real estate services involving owned or leased property
997222
Building sales on a fee or commission basis or on contract basis
997223
Land sales on a fee or commission basis or on contract basis
997224
Real estate appraisal services on a fee or commission basis or on contract basis
997229
Other real estate services on a fee or commission basis or on contract basis
997231
Services by way of grant of development rights, FSI or additional FSI
How to use SAC code 997221
Use SAC 997221 on tax invoices for this category of service supply. The Service Accounting Code is mandatory on B2B invoices and flows into your GSTR-1 services HSN summary and e-invoice payload. Choose the SAC that most specifically matches the service you've actually rendered — getting it right keeps your filings clean and avoids notices.
Use this in QwikBills
SAC 997221 pre-loaded on your service items. GST classification, e-invoicing, and GSTR-1 — sorted.
Start free