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Insolvency and receivership services - GST - Services Code / Scheme of Classification of ServicesExtract Scheme of Classification of Services S.No. Chapter, Section, Heading or Group Service Code (Tariff) Service Description (1) (2) (3) (4) 294 Group 99824 Insolvency and receivership services 295 998240 Insolvency and receivership services Explanatory Notes:- Based on the Modified Version of the United Nations Central Product Classification (UNCPC) 99824 - Insolvency and receivership services 998241 - Insolvency and receivership services This service code includes providing advice and operational assistance to the management and/or creditors of insolvent businesses and/or acting as receiver or trustee in bankruptcy
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