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SAC CODE - 995413 : Construction services of industrial buildings such as buildings used for production activities (used for assembly line activities), workshops, storage buildings and other similar industrial buildings
GST RATE ON SAC CODE - 995413 IS 18%
Services Accounting Codes (SAC Codes) 995413 is used for the Construction services of industrial buildings such as buildings used for production activities (used for assembly line activities), workshops, storage buildings and other similar industrial buildings under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Construction services.
How Services Accounting Codes (SAC Codes) 995413 - is Derived?
A uniform format is followed to generate the Service Accounting Code.
The first two digits are 99 always for services.
The next two digits 54 represent the major nature of service, Construction services in this case.
The next two digits 13 represent the detailed nature of service, Construction services of industrial buildings such as buildings used for production activities (used for assembly line activities), workshops, storage buildings and other similar industrial buildings in this case.
Explanation Of SAC CODE - 995413
- Buildings used for production and assembly activities of industrial establishments
- factories, plants and workshops
- agricultural buildings, including silos and other storage facilities