Login | Register
GST Library
TaxReply Support
YouTube Videos
Twitter
Buy Premium Tax Domains
About Us
Contact Us
Our Services
TaxReply India Pvt Ltd

HSN Codes and GST Rates of HSN 997113

Credit-granting services including stand-by commitment, guarantees & securities

HSN Code Description of Service GST Rate

9971

 		Financial services and related services

99711

Financial services (except investment banking, insurance services and pension services)

997113

Credit-granting services including stand-by commitment, guarantees & securities

This service code includes:

- issuing and physical management of loans. These services may be provided by a number of different types of lenders, including, for example, banks and insurance companies.

- granting of loans for which the land or buildings are used as security - home equity loans

- granting of personal non-mortgage installment loans with scheduled repayment plans

- line-of-credit loan services, that is, loan services based on a commitment to lend funds to a borrower up to a specified amount

- consumer loan services, that is, loan services extended for financing consumer purchases of goods or services where the purchased good is generally used as collateral

- granting credit when the holder of a credit card uses it to buy a good or a service, regardless of whether the balance is paid in full at the end of the grace period

- granting loans to investment dealers and brokers, regulated financial institutions, federal, regional and local governments or non-profit institutions, foreign governments, and other businesses

- standby, commitment and other loan services including overdraft services

- providing letters of credit

- acceptance services, that is, agreements by a bank or other financial institution to pay a draft or a credit instrument issued by an institution

- sales financing services

- other credit-granting services n.e.c.

This service code does not include:

- real estate appraisal services, cf.997224
15
May
S
M
T
W
T
F
S
20 May

☑ Monthly | GSTR-3B

GSTR-3B for the m/o Apr 2025 (Monthly Taxpayer - Rule 61) - Either Compulsory taxpayer > 5 cr. or Voluntary taxpayer < 5 cr.

☑ Monthly | GSTR-5A

GSTR-5A for the m/o Apr 2025 [Return by OIDAR Service Providers - Rule 64.]

25 May

☑ Monthly | PMT-06

PMT-06 Monthly tax payment for Apr 2025 under QRMP Scheme [Rule 61(1)(ii) - Proviso to Section 39(7)].

Taxpayers have a choice to pay tax either, as per -  

A) Fixed Sum Method OR 
B) Self assessment basis subject to interest on short payment of taxes.
(Notification No.85/2020 - CT)
 
28 May

☑ Monthly | GSTR-11

GSTR-11 for the m/o Apr 2025 (Statement of inward supplies by persons having Unique Identification Number (UIN)).