SAC code 998141
Service code in chapter 99 — All Services
Research and development originals in pharmaceuticals
Classification
| Code type | SAC — Services Accounting Code |
|---|---|
| Level | Service code (6 digits) |
| Chapter 99 | All Services |
| Heading 9981 | Research and development services |
| Service code 998141 | Research and development originals in pharmaceuticals |
Other codes under 9981
Using SAC 998141 in GST
On GST invoices, a business with annual turnover up to ₹5 crore must show at least the first 4 digits (9981) on B2B invoices, and a business above ₹5 crore must show 6 digits (998141) on all invoices. The full 8-digit code is used for imports and exports.
The GST rate depends on the exact goods or service and any conditions in the rate notification, so it is not listed here. Check the official CBIC GST rate finder, then work out the tax with the GST calculator or make a bill with the GST invoice generator.
Frequently asked questions
What is SAC code 998141?
SAC code 998141 is the service code for: Research and development originals in pharmaceuticals.
What is the GST rate for SAC 998141?
GST rates are set by CBIC rate notifications and can depend on conditions, so check the CBIC GST rate finder for SAC 998141 before invoicing.
How many digits of SAC 998141 should I write on my invoice?
Up to ₹5 crore turnover: at least 4 digits (9981) on B2B invoices. Above ₹5 crore: 6 digits (998141) on all invoices.