Translation Services means translation of source language in another language. Translation includes the changing of syntactic elements of a language but its meaning. In simple Language translation service enable user to have there information available in some another language. However keeping meaning same. In this article we discussion about GST On Rate and SAC Code on Translation Services and Language translation services.
Section 22 to 25 specifies the persons who are liable to obtain GST Registration.
Every person who is engaged in supply of Translation Services services will be liable to be registered under the GST if
|Group 99839||GST Rate on Translation Services||GST Rate|
|998395||Translation and interpretation services||18%|
|998395||GST on language translation||18%|
A registered taxpayer under Translation Services can claim the credit of taxes paid by him on inward supplies if he has a valid invoice and taxes are deposited by the supplier to the Govt. The input tax credit so claim by a recipient shall be reversed if he doesn’t make payment of the amount towards the value of supply of goods or services along with tax payable thereon within a period of 180 days.
Conditions to Claim GST ITC Credit
Earliest of the following date shall be considered as time of supply for Translation Services.
SAC Code For Translation Services as below. SAC code for Translation Services fall under two categories of the SAC headings. First two digits are same for all, Next two SAC code Signify as major service and last code Signify detailed nature of service. SAC Code For Veterinary Services as below.
|Group 99839||SAC Code on Translation Services.|
|998397||Translation Services & Brand Promotion Services|