Amusement Park Costume Rentals and GST: A Comprehensive Guide

In the vibrant world of amusement parks, costumes play a vital role in creating an immersive experience for visitors. Amusement park costume rentals have become increasingly popular, and entrepreneurs are looking to capitalize on this trend. However, the Goods and Services Tax (GST) implications of such businesses can be complex. In this article, we will delve into the GST laws applicable to amusement park costume rentals, including the SAC code, GST rates, and invoicing requirements.

Understanding GST and SAC Codes

The GST regime in India is governed by the Central Goods and Services Tax Act, 2017. The tax is levied on the supply of goods and services, and it is a multi-stage tax that is levied on each stage of production and distribution. The SAC (Service Accounting Code) is a six-digit code that is used to classify services under the GST regime. In the case of amusement park costume rentals, the relevant SAC code is 997326, which falls under the category of 'rental services concerning textiles, clothing, and footwear.'

As per the GST rules, businesses with an annual turnover of up to ₹5 crores can use the 4-digit code 9973, while those with a turnover above ₹5 crores must use the precise 6-digit code 997326. It is essential to note that the GST rate for amusement park costume rentals is 18%, which is applicable to the entire turnover. You can use rent software to manage rental billing effectively.

Bill Format and Invoicing Requirements

The GST Act mandates that all businesses issue invoices to their customers, which must contain specific details such as the GSTIN, name and address of the supplier and customer, description of goods or services, HSN/SAC code, and GST rate. In the case of amusement park costume rentals, the rent invoice must include the SAC code 997326, GSTIN of the supplier, name and address of the supplier and customer, description of the costumes rented, and the GST rate of 18%. You can use bill format templates to create professional rent invoices.

Example of Rent Invoice

Here is an example of a rent invoice for amusement park costume rentals:

Invoice No.: 001
Date: 01/05/2026
GSTIN: XX-XXXXXXX
Name and Address of Supplier: ABC Costume Rentals Pvt. Ltd.
Name and Address of Customer: XYZ Amusement Park
Description of Goods or Services: Rental of costumes for 1 day (997326)
HSN/SAC Code: 997326
GST Rate: 18%
Total Amount: ₹1,500
GST Amount: ₹270
Total Amount to be Paid: ₹1,770
Payment Mode: Cash
Signature of Supplier: ABC Costume Rentals Pvt. Ltd.

It is essential to note that the above is just an example and that the actual rent invoice should be tailored to the specific requirements of the business and the customer. You can use recurring invoice software to streamline your invoicing process.

Conclusion

Amusement park costume rentals are a growing business, and entrepreneurs need to be aware of the GST implications of such ventures. By understanding the SAC code, GST rate, and invoicing requirements, businesses can ensure compliance with the GST laws and avoid any penalties. It is also essential to use recurring billing software to manage rental billing effectively.