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SAC CODE - 995416 : Construction Services of other buildings n.e.c

GST RATE ON SAC CODE - 995416 IS 18%


SAC CODE Description
9954Construction services
99541Construction services of buildings
995416Construction Services of other buildings n.e.c

Services Accounting Codes (SAC Codes) 995416 is used for the Construction Services of other buildings n.e.c 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) 995416 - 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 16 represent the detailed nature of service, Construction Services of other buildings n.e.c in this case.

Explanation Of SAC CODE - 995416

This service code includes construction of other buildings not elsewhere specifically classified.