GST Rate & HSN Code 997145 – FREIGHT REINSURANCE SERVICES
FREIGHT REINSURANCE SERVICES falls under HSN code 997145 and attracts a GST rate of 28% in India. This HSN code is part of Chapter 00. Find the complete GST rate breakdown, classification details, and tax information for FREIGHT REINSURANCE SERVICES below.
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HSN Code 997145 & Related Codes
Showing 42 of 42 entries| HSN Code | Description | GST Rate | CGST | SGST | IGST | CESS |
|---|---|---|---|---|---|---|
| 997145Primary | FREIGHT REINSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997132 | LIFE INSURANCE SERVICES (EXCLUDING REINSURANCE SERVICES) | 28% | 14% | 14% | 28% | 0 |
| 997138 | FREIGHT INSURANCE SERVICES AND TRAVEL INSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997141 | LIFE REINSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997142 | ACCIDENT AND HEALTH REINSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997146 | OTHER PROPERTY REINSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997152 | BROKERAGE AND RELATED SECURITIES AND COMMODITIES SERVICES INCLUDING COMMODITY EXCHANGE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997154 | TRUST AND CUSTODY SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997111 | CENTRAL BANKING SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997119 | OTHER FINANCIAL SERVICES (EXCEPT INVESTMENT BANKING, INSURANCE SERVICES AND PENSION SERVICES) | 28% | 14% | 14% | 28% | 0 |
| 997120 | INVESTMENT BANKING SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997139 | OTHER NON-LIFE INSURANCE SERVICES (EXCLUDING REINSURANCE SERVICES) | 28% | 14% | 14% | 28% | 0 |
| 997144 | MARINE, AVIATION AND OTHER TRANSPORT REINSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997153 | PORTFOLIO MANAGEMENT SERVICES EXCEPT PENSION FUNDS | 28% | 14% | 14% | 28% | 0 |
| 9971 | FINANCIAL AND RELATED SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997112 | DEPOSIT SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997114 | FINANCIAL LEASING SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997131 | PENSION SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997133 | ACCIDENT AND HEALTH INSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997135 | MARINE, AVIATION, AND OTHER TRANSPORT INSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997113 | CREDIT-GRANTING SERVICES INCLUDING STAND-BY COMMITMENT, GUARANTEES AND SECURITIES | 28% | 14% | 14% | 28% | 0 |
| 997115 | TRANSFER OF THE RIGHT TO USE ANY GOODS FOR ANY PURPOSE (WHETHER OR NOT FOR A SPECIFIED PERIOD) FOR CASH, DEFERRED PAYMENT OR OTHER VALUABLE CONSIDERATION. | 28% | 14% | 14% | 28% | 0 |
| 997116 | ANY TRANSFER OF RIGHT IN GOODS OR OF UNDIVIDED SHARE IN GOODS WITHOUT THE TRANSFER OF TITLE THEREOF. | 28% | 14% | 14% | 28% | 0 |
| 997134 | MOTOR VEHICLE INSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997136 | FREIGHT INSURANCE SERVICES AND TRAVEL INSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997137 | OTHER PROPERTY INSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997143 | MOTOR VEHICLE REINSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997147 | OTHER PROPERTY REINSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997149 | OTHER NON-LIFE REINSURANCE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997151 | SERVICES RELATED TO INVESTMENT BANKING SUCH AS MERGERS AND ACQUISITION SERVICES, CORPORATE FINANCE AND VENTURE CAPITAL SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997155 | SERVICES RELATED TO THE ADMINISTRATION OF FINANCIAL MARKETS | 28% | 14% | 14% | 28% | 0 |
| 997159 | OTHER SERVICES AUXILIARY TO FINANCIAL SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997164 | PENSION FUND MANAGEMENT SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997156 | FINANCIAL CONSULTANCY SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997158 | FINANCIAL TRANSACTIONS PROCESSING AND CLEARING HOUSE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997163 | ACTUARIAL SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997169 | OTHER SERVICES AUXILIARY TO INSURANCE AND PENSIONS | 28% | 14% | 14% | 28% | 0 |
| 997172 | SERVICES OF HOLDING SECURITIES AND OTHER ASSETS OF TRUSTS AND FUNDS AND SIMILAR FINANCIAL ENTITIES | 28% | 14% | 14% | 28% | 0 |
| 997161 | SERVICES AUXILIARY TO INSURANCE AND PENSIONS | 28% | 14% | 14% | 28% | 0 |
| 997157 | FOREIGN EXCHANGE SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997162 | INSURANCE CLAIMS ADJUSTMENT SERVICES | 28% | 14% | 14% | 28% | 0 |
| 997171 | SERVICES OF HOLDING EQUITY OF SUBSIDIARY COMPANIES | 28% | 14% | 14% | 28% | 0 |
Disclaimer: The GST rates and HSN codes listed above are compiled from the latest CBIC notifications and NIC's GST e-Invoice system master codes, to the best of our knowledge. Rates are subject to change based on the Government of India and GST Council updates. RegisterKaro is not liable for any discrepancies or decisions made based on this information. For the most accurate and updated "16th October 2020" of GST and cess rates, please visit the official CBIC website. Need help with GST registration or filing? Talk to a RegisterKaro expert.
Frequently Asked Questions
Everything you need to know about HSN Code 997145 and its GST rate.
FREIGHT REINSURANCE SERVICES attracts a GST rate of 28% in India under HSN code 997145. This rate has been notified by the Central Board of Indirect Taxes and Customs (CBIC) and applies to all taxable supplies of FREIGHT REINSURANCE SERVICES across India for GST-registered businesses.









