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SAC CODE - 995429 : Services involving Repair, alterations, additions, replacements, renovation, maintenance or remodelling of the constructions covered above.
GST RATE ON SAC CODE - 995429 IS 18%
Services Accounting Codes (SAC Codes) 995429 is used for the Services involving Repair, alterations, additions, replacements, renovation, maintenance or remodelling of the constructions covered above. 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) 995429 - 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 29 represent the detailed nature of service, Services involving Repair, alterations, additions, replacements, renovation, maintenance or remodelling of the constructions covered above. in this case.