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Home > HSN Codes > Chapter 99 > 9971 > 997161

GST Rate for HSN Code 997161 : Insurance brokerage and agency services

HS Code :997161
Insurance brokerage and agency services
GST Rate :18 %
HS Code :997111
Central banking services
GST Rate :18 %
HS Code :997112
Deposit services
GST Rate :0 %
HS Code :997113
Credit-granting services including stand-by commitment, guarantees & securities
GST Rate :0 %
HS Code :997114
Financial leasing services
GST Rate :18 %
HS Code :997115
Credit-granting services including stand-by commitment, guarantees & securities
GST Rate :0.1 %
HS Code :997119
Other financial services (except investment banking, insurance services and pension services)
GST Rate :18 %
HS Code :997120
Investment banking services
GST Rate :18 %
HS Code :997131
Pension services
GST Rate :0 %
HS Code :997132
Life insurance services (excluding reinsurance services)
GST Rate :0 %
HS Code :997133
Accident and health insurance services
GST Rate :18 %
HS Code :997134
Motor vehicle insurance services
GST Rate :18 %
HS Code :997135
Marine, aviation, and other transport insurance services
GST Rate :18 %
HS Code :997136
Freight insurance services & travel insurance services
GST Rate :18 %
HS Code :997137
Other property insurance services
GST Rate :18 %
HS Code :997139
Other non-life insurance services (excluding reinsurance services)
GST Rate :18 %
HS Code :997141
Life reinsurance services
GST Rate :18 %
HS Code :997142
Accident and health reinsurance services
GST Rate :18 %
HS Code :997143
Motor vehicle reinsurance services
GST Rate :18 %
HS Code :997144
Marine, aviation and other transport reinsurance ser
GST Rate :18 %
HS Code :997145
Services
GST Rate :18 %
HS Code :997146
Freight reinsurance services
GST Rate :18 %
HS Code :997147
Other property reinsurance services
GST Rate :18 %
HS Code :997149
Other non-life reinsurance services
GST Rate :18 %
HS Code :997151
Services related to investment banking such as mergers & acquisition services, corporate finance & venture capital services
GST Rate :18 %
HS Code :997152
Brokerage and related securities and commodities services including commodity exchange services
GST Rate :18 %
HS Code :997153
Portfolio management services except pension funds
GST Rate :18 %
HS Code :997154
Trust and custody services
GST Rate :18 %
HS Code :997155
Services related to the administration of financial markets
GST Rate :18 %
HS Code :997156
Financial consultancy services
GST Rate :18 %
HS Code :997157
Foreign exchange services
GST Rate :18 %
HS Code :997158
Financial transactions processing and clearing house services
GST Rate :18 %
HS Code :997159
Other services auxiliary to financial services
GST Rate :18 %
HS Code :997162
Insurance claims adjustment services
GST Rate :18 %
HS Code :997163
Actuarial services
GST Rate :18 %
HS Code :997164
Pension fund management services
GST Rate :18 %
HS Code :997169
Other services auxiliary to insurance and pensions
GST Rate :18 %
HS Code :997171
Services of holding equity of subsidiary companies
GST Rate :0 %
HS Code :997172
Services of holding securities and other assets of trusts and funds and similar financial entities
GST Rate :0 %

Disclaimer: All the aforementioned GST rates against various HSN codes are sourced from publicly available notifications, notices, and rate schedules issued by the Central Board of Indirect Taxes and Customs (CBIC) and reflect updated data notified by the Government of India (GOI) as of 22nd September 2025. The provided GST rates are for general information purposes only. There may be chances of variation in tax rates based on product specification, applicable exemption, intended use, and any subsequent amendments to GST laws. In case of any discrepancy, Users are advised to verify the latest GST applicability from the official CBIC website.

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