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SAC CODE - 996321 : Room or unit accommodation services for students in student residences
GST RATE ON SAC CODE - 996321 IS 18%
| SAC CODE | Description |
|---|---|
| 9963 | Accommodation, Food and beverage services |
| 99632 | Other accommodation services |
| 996321 | Room or unit accommodation services for students in student residences |
Services Accounting Codes (SAC Codes) 996321 is used for the Room or unit accommodation services for students in student residences under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Accommodation, Food and beverage services.
How Services Accounting Codes (SAC Codes) 996321 - 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 63 represent the major nature of service, Accommodation, Food and beverage services in this case.
The next two digits 21 represent the detailed nature of service, Room or unit accommodation services for students in student residences in this case.