SAC CODE - 996111 : Services provided for a fee/commission or contract basis on wholesale trade

Services Accounting Codes (SAC Codes) 996111 is used for the Services provided for a fee/commission or contract basis on wholesale trade under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Services in wholesale trade.

How Services Accounting Codes (SAC Codes) 996111 - 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 61 represent the major nature of service, Services in wholesale trade in this case.

The next two digits 11 represent the detailed nature of service, Services provided for a fee/commission or contract basis on wholesale trade in this case.