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SAC CODE - 996422 : Long-distance transport services of passengers through Road by Bus, Car, non-scheduled long distance bus and coach services, stage carriage etc
GST RATE ON SAC CODE - 996422 IS 18%
Services Accounting Codes (SAC Codes) 996422 is used for the Long-distance transport services of passengers through Road by Bus, Car, non-scheduled long distance bus and coach services, stage carriage 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) 996422 - 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 22 represent the detailed nature of service, Long-distance transport services of passengers through Road by Bus, Car, non-scheduled long distance bus and coach services, stage carriage etc in this case.
Explanation Of SAC CODE - 996422
- passenger transportation services between non-contiguous cities/towns over predetermined routes on a predetermined schedule by motor bus, tramway, trolley bus and similar transport vehicles, with service being available to all users or specific segment of users;
- scheduled/non-scheduled interurban shuttle services, e.g., airport shuttles;
- transportation services of passengers between urban and suburban areas or over long distances by chauffeur-driven hired bus and motor coaches, generally rendered on a time and distance basis and frequently involving transportation to more than one destination;
- transport of accompanying luggage, animals and other items that may be carried along with passengers.
- renting of buses and coaches with operator, except chartering :- 996601