GST Rate for HSN 9972
Specific items under 9972
| HSN Code | Description | GST Rate |
|---|---|---|
| 997211 | Rental or leasing services involving own or leased residential property | 0% |
| 997212 | Rental or leasing services involving own or leased non-residential property | 0% |
| 997213 | Trade services of buildings | 0% |
| 997214 | Trade services of time-share properties | 0% |
| 997215 | Trade services of vacant and subdivided land | 0% |
| 997219 | Other real estate services involving owned or leased property | 0% |
| 997221 | Property management services on a fee or commission basis or on contract basis | 0% |
| 997222 | Building sales on a fee or commission basis or on contract basis | 0% |
| 997223 | Land sales on a fee or commission basis or on contract basis | 0% |
| 997224 | Real estate appraisal services on a fee or commission basis or on contract basis | 0% |
| 997229 | Other real estate services on a fee or commission basis or on contract basis | 0% |
| 997231 | Services by way of grant of development rights, FSI or additional FSI | 0% |
Tax calculator for HSN 9972
Enter a taxable value to calculate GST. You can use this for a quick invoice estimate.
Invoice example (₹1,000 taxable value)
Compliance pointers (ITC / RCM / classification)
Input Tax Credit depends on usage conditions, restrictions, and supplier eligibility. Treat this as a quick hint — verify for edge cases.
ITC is BLOCKED on construction of immovable property (for own use), food/beverages, outdoor catering, beauty treatment, and health services.
Reverse Charge is notification-based and can depend on supplier status and transaction type. If you see a warning, double-check notifications and your invoice terms.
- •Compare adjacent headings within Chapter 99 before finalizing.
- •Use chapter notes to avoid common confusions (materials vs finished goods, kits, etc.).
- •For services (99), place-of-supply can change whether IGST/CGST+SGST applies.
FAQs for HSN 9972
What is the GST rate for HSN 9972?▾
GST rate for HSN 9972 is 0%. Always verify the latest CBIC/GST notifications for changes.
Is HSN mandatory on invoices?▾
HSN is generally required on B2B invoices; the number of digits depends on turnover and the nature of supply. Exports/imports typically use more detailed codes.
How do I use this code on an invoice?▾
Add HSN 9972 in the line item and apply GST @ 0%. For intra-state supplies: 0% CGST + 0% SGST. For inter-state supplies: 0% IGST.
Does ITC apply for this HSN?▾
ITC depends on conditions and restrictions under GST law, plus the nature of usage and supplier eligibility. Use the ITC badge as a hint and verify with your CA for edge cases.
Can Reverse Charge (RCM) apply here?▾
RCM is notification-based and depends on the supply category, supplier status, and transaction type. If you see an RCM note, treat it as a “verify” signal.
What if I pick the wrong HSN?▾
Wrong classification can cause rate mismatch, notices, interest/penalty exposure, and reconciliation issues. Compare nearby headings and chapter notes before finalizing.
Sources & accuracy
General GST guidance, return filing references, and updates.
Rates, exemptions, and clarifications may change via notifications/circulars.
Use chapter notes/headings to avoid misclassification.
How we update pages + what “Last reviewed” means. Last reviewed: 22 Jan 2026.
Next steps after choosing HSN 9972
Use global search to compare descriptions and avoid wrong classification.
Check inclusions/exclusions and common confusions for Chapter 99.
Decide whether IGST or CGST+SGST applies based on POS rules.
Related tools & next actions
Common next actions: verify POS (tax type), check RCM risk, or compare similar HSN codes.