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SAC CODE - 995455 : Structural steel erection services

GST RATE ON SAC CODE - 995455 IS 18%


Services Accounting Codes (SAC Codes) 995455 is used for the Structural steel erection services 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) 995455 - 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 55 represent the detailed nature of service, Structural steel erection services in this case.

Explanation Of SAC CODE - 995455

This service code includes 
  1. special trade construction services of steel frameworks; 
  2. erection services of prefabricated (but not self-manufactured), structural steel components for buildings and other structures such as bridges, overhead cranes or electricity transmission towers; erection of curtain walls; 
  3. associated welding work services.