Consult an Expert
Business Setup
Prefer to talk to a business advisor first?
Book a call backTax & Compliance
Prefer to talk to a business advisor first?
Book a call backTrademark & IP
Prefer to talk to a business advisor first?
Book a call backDocumentation
Prefer to talk to a business advisor first?
Book a call backOthers
Prefer to talk to a business advisor first?
Book a call back
Consult an Expert
Business Setup
Tax & Compliance
Trademark & IP
Documentation
Others
More
Consult an Expert
Business Setup
International Business Setup
Company Name Search
Licenses & Registrations
Web Development
Tax & Compliance
GST and Other Indirect Tax
Changes in Pvt Ltd Company
Changes In Limited Liability Partnership
Mandatory Annual Filings
Labour Compliance
Accounting & Tax
Trademark & IP
Trademark
Design Registration
Documentation
Free Legal Documents
Business Contracts
Personal & Family
Notices
HR Policies
Others
Calculator
NGO Registration
NGO Compliance
Licenses & Registrations
Name Change & Other Conditiions
File an e-FIR
Marriage
File a Consumer Complaint
Lawyer Services
Login
HSN Code Finder
HSN Code 9971 refers to "Financial and related services." This classification code is essential for identifying financial services and related activities for import/export purposes based on their nature and intended use. Common products and services under HSN Code 9971 include banking services, insurance services, investment advisory services, and financial leasing. Additionally, the GST rate for financial and related services under this code ensures accurate trade compliance.
HSN Code9971
| HSN Code | Description | GST% | Effective Date |
|---|---|---|---|
| 997111 | Central banking services | % | 01/07/2017 |
| 997112 | Deposit services | % | 01/07/2017 |
| 997113 | Credit granting services including stand by commitment, guarantees & securities | % | 01/07/2017 |
| 997114 | Financial leasing services | % | 01/07/2017 |
| 997119 | Other financial services (except investment banking, insurance services and pension services) | % | 01/07/2017 |
| 997120 | Investment banking services | % | 01/07/2017 |
| 997131 | pension services | % | 01/07/2017 |
| 997132 | Life insurance services (excluding reinsurance services) | % | 01/07/2017 |
| 997133 | Accident and health insurance services | % | 01/07/2017 |
| 997134 | Motor vehicle insurance services | % | 01/07/2017 |
| 997135 | Marine, aviation, and other transport insurance services | % | 01/07/2017 |
| 997136 | Freight insurance services & Travel insurance services | % | 01/07/2017 |
| 997137 | Other property insurance services | % | 01/07/2017 |
| 997139 | Other non life insurance services (excluding reinsurance services) | % | 01/07/2017 |
| 997141 | Life reinsurance services | % | 01/07/2017 |
| 997142 | Accident and health reinsurance services | % | 01/07/2017 |
| 997143 | Motor vehicle reinsurance services | % | 01/07/2017 |
| 997144 | Marine, aviation and other transport reinsurance ser | % | 01/07/2017 |
| 997145 | services | % | 01/07/2017 |
| 997146 | Freight reinsurance services | % | 01/07/2017 |
| 997147 | Other property reinsurance services | % | 01/07/2017 |
| 997149 | Other non life reinsurance services | % | 01/07/2017 |
| 997151 | Services related to investment banking such as mergers & acquisition services, corporate finance & venture capital services | % | 01/07/2017 |
| 997152 | Brokerage and related securities and commodities services including commodity exchange services | % | 01/07/2017 |
| 997153 | Portfolio management services except pension funds | % | 01/07/2017 |
| 997154 | Trust and custody services | % | 01/07/2017 |
| 997155 | Services related to the administration of financial markets | % | 01/07/2017 |
| 997156 | Financial consultancy services | % | 01/07/2017 |
| 997157 | Foreign exchange services | % | 01/07/2017 |
| 997158 | Financial transactions processing and clearing house services | % | 01/07/2017 |
| 997159 | Other services auxiliary to financial services | % | 01/07/2017 |
| 997161 | Insurance brokerage and agency services | % | 01/07/2017 |
| 997162 | Insurance claims adjustment services | % | 01/07/2017 |
| 997163 | Actuarial services | % | 01/07/2017 |
| 997164 | Pension fund management services | % | 01/07/2017 |
| 997169 | Other services auxiliary to insurance and pensions | % | 01/07/2017 |
| 997171 | Services of holding equity of subsidiary companies | % | 01/07/2017 |
| 997172 | Services of holding securities and other assets of trusts and funds and similar financial entities | % | 01/07/2017 |
Starting your own business?
Get your GST registered in 3 easy steps
HSN Codes for Various Services
Applying HSN Codes
HSN Codes for Various Products
Specialized HSN Code Information
