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SAC CODE - 995473 : Painting services

GST RATE ON SAC CODE - 995473 IS 18%


Services Accounting Codes (SAC Codes) 995473 is used for the Painting 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) 995473 - 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 73 represent the detailed nature of service, Painting services in this case.

Explanation Of SAC CODE - 995473

This service code includes 
  1. painting services (principally decorative) of building interiors and similar services (e.g., application of coatings, lacquer, etc.); 
  2. painting services of building exteriors (principally for protection); 
  3. painting services of railings, gratings, doors and window frames of buildings, etc; 
  4. painting services of other engineering structures; 
  5. paint removal services