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SAC CODE - 996421 : Long-distance transport services of passengers through Rail network by Railways, Metro etc
GST RATE ON SAC CODE - 996421 IS 18%
Services Accounting Codes (SAC Codes) 996421 is used for the Long-distance transport services of passengers through Rail network by Railways, Metro etc under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Passenger transport services.
How Services Accounting Codes (SAC Codes) 996421 - 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 64 represent the major nature of service, Passenger transport services in this case.
The next two digits 21 represent the detailed nature of service, Long-distance transport services of passengers through Rail network by Railways, Metro etc in this case.