99732 Leasing or rental services concerning other goods
Group 99732 of the SAC classification covers leasing or rental services concerning other goods. It sits under heading 9973 and holds 8 six-digit service codes. The GST rate is set at the heading, so services here are taxed under the entries written against 9973, normally at 18%.
- Service codes8
- Rate set atHeading 9973
- GST rate18%
Group 99732 is a 5-digit service group inside its heading, inside heading 9973 (Leasing or rental services with or without operator).
Which code in this group is yours?An IncorpX GST advisor will confirm it, free8 SAC codes in group 99732
These are the codes you actually quote. Open one for its official description, the rate entries that reach it and a GST calculator.
GST rate for SAC 99732
The schedule sets rates at the heading, so these are the entries under heading 9973 that can reach a service in this group.
- Nil
- 1.5%
- 5%
- 7.5%
- 12%
- 18% applies here
- 40%
| Entry | What it covers | GST rate | CGST + SGST | Input tax credit |
|---|---|---|---|---|
| (ii) Written for this code | Transfer of the right to use goods for any purpose, whether or not for a specified period. The rate is the same as the rate of GST on a supply of the like goods involving transfer of title. | Rate of the goods | As on the goods | Follows the goods |
| (iii) Written for this code | Leasing or renting of goods. The rate is the same as the rate of GST on a supply of the like goods involving transfer of title. | Rate of the goods | As on the goods | Follows the goods |
| (iv) Residual | Leasing or rental services without an operator, other than the above. | 18% | 9% + 9% | Credit available |
More than one entry can apply here. The one that governs is the entry whose description actually matches the supply; where none does, the residual entry sets the rate.
Rates shown here are as published in GST rates on services, Notification 11/2017-Central Tax (Rate) as amended up to Notification 15/2025-Central Tax (Rate) and are reproduced for reference. The GST Council revises rates through notifications, including the rate rationalisation effective 22.09.2025 that withdrew the 12% and 28% slabs for most services and introduced a 40% rate for a short list of them. Always verify the current rate and the conditions attached to it on the CBIC GST rates page or the CBIC tax information portal before invoicing or filing. Rates exclude any applicable cess. IncorpX provides assistance for GST registration and return filing if you need help.
Some supplies under this heading carry no GST at all. An exemption removes the charge rather than setting a rate, so it overrides the schedule where it applies.
- Services by way of a right to admission to specified events, and licensing services where the underlying supply is itself exempt. Notification 12/2017-CT(R)
Source: Exempt services, Notification 12/2017-Central Tax (Rate) as amended up to Notification 16/2025-Central Tax (Rate). Exemptions carry conditions and definitions of their own, so read the notification entry before relying on one.
- Classification: Scheme of Classification of Services, Annexure to Notification 11/2017-Central Tax (Rate), Central Board of Indirect Taxes and Customs (cbic-gst.gov.in).
- Rates: GST rates on services, Notification 11/2017-Central Tax (Rate) as amended up to Notification 15/2025-Central Tax (Rate) (CBIC rate finder).
- Exemptions: Exempt services, Notification 12/2017-Central Tax (Rate) as amended up to Notification 16/2025-Central Tax (Rate).
- Reverse charge: Services taxable under reverse charge, Notification 13/2017-Central Tax (Rate) as amended.
- Current position: GST Council notifications published on the CBIC tax information portal.
This directory reproduces government classifications and rate entries for reference. The official gazette and CBIC notifications remain the authoritative sources. IncorpX provides assistance for registrations and filings that use these codes and does not issue the classification or the rates itself.
SAC 99732 questions
What does SAC group 99732 cover?
Group 99732 of the SAC classification covers leasing or rental services concerning other goods. It sits under heading 9973 and holds 8 six-digit service codes. The GST rate is set at the heading, so services here are taxed under the entries written against 9973, normally at 18%.
What is the GST rate for SAC 99732?
The rate schedule is written against heading 9973, not against the 5-digit group, so the rate for a service here comes from that heading's entries. Every entry that reaches this group carries 18%. Verify the current rate on the CBIC portal before invoicing.
Which SAC code should I quote from this group?
Pick the 6-digit code whose official description covers what you actually supply, not the closest sounding name. Every code in this group is listed below with its own page, where the official annexure text and the rate entries are set out in full.
Can I quote the 5-digit group code on an invoice?
No. Invoices and the GSTR-1 summary take either the 4-digit heading (9973) or the full 6-digit code, depending on your aggregate turnover. The 5-digit group is a level of the classification, not a reporting format.
Not sure this is the right group for your services?
Tell us what you actually supply and an IncorpX advisor will help you confirm the SAC code, the rate that applies to it and whether reverse charge is in play, before you invoice or file. Free, with no obligation. IncorpX provides assistance for GST registration and return filing; applications are always filed in your name with the tax authorities.
Nebin Binoy 
