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SAC CODE - 995415 : Construction services of other non-residential buildings such as educational institutions, hospitals, clinics including vertinary clinics, religious establishments, courts, prisons, museums and other similar buildings
GST RATE ON SAC CODE - 995415 IS 18%
Services Accounting Codes (SAC Codes) 995415 is used for the Construction services of other non-residential buildings such as educational institutions, hospitals, clinics including vertinary clinics, religious establishments, courts, prisons, museums 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) 995415 - 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 15 represent the detailed nature of service, Construction services of other non-residential buildings such as educational institutions, hospitals, clinics including vertinary clinics, religious establishments, courts, prisons, museums and other similar buildings in this case.
Explanation Of SAC CODE - 995415
- public entertainment buildings such as cinemas, theatres, concert halls, dance halls and nightclubs;
- hotels, motels, inns, hostels and similar buildings;
- restaurants;
- educational buildings such as schools, colleges, universities, libraries, archives and museums;
- health-related buildings such as hospitals, clinics and sanatoria, including veterinary clinics;
- indoor sports or recreation installations (ice rinks, gymnasia, indoor tennis courts, general- purpose sports halls, boat sheds, boxing rings, etc.;
- convention and congress centres;
- religious buildings;
- prison buildings; law courts, parliament buildings;
- non-residential farm buildings;
- communication buildings (radio and television broadcast buildings, telephone exchange buildings, telecommunications centres etc.);