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SAC CODE - 995466 : Lift and escalator installation services

GST RATE ON SAC CODE - 995466 IS 18%


Services Accounting Codes (SAC Codes) 995466 is used for the Lift and escalator installation 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) 995466 - 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 66 represent the detailed nature of service, Lift and escalator installation services in this case.

Explanation Of SAC CODE - 995466

This service code includes installation services of lifts, escalators, travelators (moving sidewalks) etc