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SAC CODE - 996211 : Services provided for a fee/commission or contract basis on retail trade

GST RATE ON SAC CODE - 996211 IS 18%


Services Accounting Codes (SAC Codes) 996211 is used for the Services provided for a fee/commission or contract basis on retail 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 retail trade.

How Services Accounting Codes (SAC Codes) 996211 - 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 62 represent the major nature of service, Services in retail 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 retail trade in this case.

Explanation Of SAC CODE - 996211