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SAC CODE - 995414 : Construction services of commercial buildings such as office buildings, exhibition & marriage halls, malls, hotels, restaurants, airports, rail or road terminals, parking garages, petrol and service stations, theatres and other similar buildings.

GST RATE ON SAC CODE - 995414 IS 18%


Services Accounting Codes (SAC Codes) 995414 is used for the Construction services of commercial buildings such as office buildings, exhibition & marriage halls, malls, hotels, restaurants, airports, rail or road terminals, parking garages, petrol and service stations, theatres and other similar 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) 995414 - 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 14 represent the detailed nature of service, Construction services of commercial buildings such as office buildings, exhibition & marriage halls, malls, hotels, restaurants, airports, rail or road terminals, parking garages, petrol and service stations, theatres and other similar buildings. in this case.

Explanation Of SAC CODE - 995414

This service code includes construction services of commercial or administrative buildings such as: 
  1. buildings used primarily in the wholesale and retail trades; 
  2. shopping centres, shopping malls, department stores, detached shops and boutiques, indoor markets etc.; 
  3. warehouses; 
  4. exhibition halls; 
  5. office buildings and bank buildings; 
  6. air, rail or road transport terminals; 
  7. parking garages and petrol and service stations