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SAC CODE - 996512 : Railway transport services of Goods including letters, parcels, live animals, household & office furniture, intermodal containers, bulk cargo etc
GST RATE ON SAC CODE - 996512 IS 5%
Services Accounting Codes (SAC Codes) 996512 is used for the Railway transport services of Goods including letters, parcels, live animals, household & office furniture, intermodal containers, bulk cargo etc under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Goods Transport Services.
How Services Accounting Codes (SAC Codes) 996512 - 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 65 represent the major nature of service, Goods Transport Services in this case.
The next two digits 12 represent the detailed nature of service, Railway transport services of Goods including letters, parcels, live animals, household & office furniture, intermodal containers, bulk cargo etc in this case.
Explanation Of SAC CODE - 996512
- transportation by railway of frozen or refrigerated goods, in specially refrigerated cars; transportation by railway of petroleum products (crude oil, natural gas and refined petroleum products) in special tank cars;
- transportation by railway of other bulk liquids or gases in special tank cars;
- transportation by railway of individual articles and packages assembled and shipped in specially constructed shipping containers designed for ease of handling in transport;
- transportation of letters and parcels by railway on behalf of postal and courier services; transportation by railway of dry bulk goods such as cereals, flours, cement, sand, coal etc.;
- transportation by railway of live animals; transportation by railway of cars, trucks and truck trailers;
- transportation by railway of other goods n.e.c