Services auxiliary to financial services (other than to insurance and pensions)
Services Code \/ Classification (SAC)
GST
Scheme of Classification of Services
\n S.No.
\n Chapter, Section, Heading or Group
\n Service Code (Tariff)
\nService Description
\n(1)
\n(2)
\n(3)
\n(4)
\n 201
\nGroup 99715
\n\t
\nServices auxiliary to financial services (other than to insurance and pensions)
\n 202
\n\t
\n 997151
\nServices related to investment banking such as mergers and acquisition services, corporate finance and venture capital services
\n 203
\n\t
\n 997152
\nBrokerage and related securities and commodities services including commodity exchange services
\n 204
\n\t
\n 997153
\nPortfolio management services except pension funds
\n 205
\n\t
\n 997154
\nTrust and custody services
\n 206
\n\t
\n 997155
\nServices related to the administration of financial markets
\n 207
\n\t
\n 997156
\nFinancial consultancy services
\n 208
\n\t
\n 997157
\nForeign exchange services
\n 209\n\t<\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n – supply of financial news to the news media, cf. 99844 = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n onfirmation services with respect to customers' securities held for safekeeping = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Services auxiliary to financial services (other than to insurance and pensions)Services Code \/ Classification (SAC)GSTScheme of Classification of Services S.No. Chapter, Section, Heading or Group Service Code (Tariff) Service Description (1) (2) (3) (4) 201 Group 99715 Services auxiliary to financial services (other than to insurance and pensions) 202 997151 Services related to … Continue reading “Services auxiliary to financial services (other than to insurance and pensions)”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8671","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8671"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/8671\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\n997152 – Brokerage and related securities and commodities services including commodity exchange services
\n This service code includes:
\n – brokerage services (that is bringing together purchasers and sellers of the same instrument) for securities
\n – services of acting as a selling agent of units, shares or other interests in a mutual (investment) fund
\n – sales, delivery and redemption services of government bonds
\n – brokerage of options
\n – brokerage services for commodities and commodity futures, including financial futures
\n – brokerage services for financial derivatives
\n – computer-based clearing and settlement for interchange of debits, credits and transfer of ownership of securities
\n997153 – Portfolio management services except pension funds
\n This service code includes:
\n – managing portfolio assets of others, on a fee or commission basis, except for pension funds
\n Note: Managers make decisions on which investments to<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n
\n997155 – Services related to the administration of financial markets
\n This service code includes:
\n – administrative services of furnishing space and other facilities necessary for the operation of security and commodity exchanges
\n – services of regulating and monitoring financial markets and participants in those markets
\n – other financial market administration services n.e.c.
\n This service code does not include:
\n – security custody services, cf. 997154
\n – stock price quotation services made available through an information server, cf. 998439
\n – supply of financial news to the news media (Group 99844)
\n997156 – Financial consultancy services
\n This service code includes financial advisory services, market analysis and intelligence
\n This service code does not include:
\n – insurance and pension consultancy services, cf.997169
\n – mergers and acquisitions services, cf. 997151
\n – corporate financ<\/p>\n
For full text:-Visit the Source <\/a><\/p>\n