About HSN Code 98071000
HSN Code 98071000 covers Actionable Claim Involved in or by Way of Betting and attracts a GST rate of 5%. For intra-state supplies, this is split as 2.5% CGST + 2.5% SGST. For inter-state supplies, 5% IGST is charged.
How to Use HSN Code 98071000 on GST Invoices
- Include the HSN code 98071000 on every GST invoice for actionable claim involved in or by way of betting
- Businesses with turnover above ₹5 crore must use 6-digit HSN codes
- Turnover between ₹1.5–5 crore: 4-digit codes are sufficient
- The HSN code must match the product/service description on your invoice
- Incorrect HSN codes can lead to GST notices and ITC mismatches
Related HSN Codes
- 98072000 — Actionable Claim Involved in or by Way of Casinos
- 98073000 — Actionable Claim Involved in or by Way of Gambling
- 98074000 — Actionable Claim Involved in or by Way of Horse Racing
- 98075000 — Actionable Claim Involved in or by Way of Lottery
- 98076000 — Actionable Claim Involved in or by Way of Online Money Gaming
Related Free Tools
- HSN/SAC Code Search — Search 22,000+ product and service codes
- GST Calculator — Calculate CGST, SGST, IGST split
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- GST Due Date Calendar — Never miss a filing deadline
- AI Bill Extractor — Extract invoice data with GL classification
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Last verified: 2026-06-26 · Source: CBIC Master Tariff