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HSN Code 9981 refers to "Research and development services." This classification code is essential for identifying research and development activities for import/export purposes based on their nature and intended use. Common services under HSN Code 9981 include scientific research, technological development, and experimental development in various fields such as pharmaceuticals, engineering, and information technology. Additionally, the GST rate for research and development services under this code supports accurate trade compliance.
HSN Code9981
| HSN Code | Description | GST% | Effective Date |
|---|---|---|---|
| 998111 | Research and experimental development services in natural sciences | % | 01/07/2017 |
| 998112 | Research and experimental development services in engineering and technology | % | 01/07/2017 |
| 998113 | Research and experimental development services in medical sciences and pharmacy. | % | 01/07/2017 |
| 998114 | Research and experimental development services in agricultural sciences. | % | 01/07/2017 |
| 998121 | Research and experimental development services in social sciences. | % | 01/07/2017 |
| 998122 | Research and experimental development services in humanities | % | 01/07/2017 |
| 998130 | Interdisciplinary research and experimental development services. | % | 01/07/2017 |
| 998141 | Research and development originals in pharmaceuticals | % | 01/07/2017 |
| 998142 | Research and development originals in agriculture | % | 01/07/2017 |
| 998143 | Research and development originals in biotechnology | % | 01/07/2017 |
| 998144 | Research and development originals in computer related sciences | % | 01/07/2017 |
| 998145 | Research and development originals in other fields n.e.c. | % | 01/07/2017 |
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