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SAC CODE - 996532 : Space transport services of freight
GST RATE ON SAC CODE - 996532 IS 18%
| SAC CODE | Description |
|---|---|
| 9965 | Goods Transport Services |
| 99653 | Air and space transport services of goods |
| 996532 | Space transport services of freight |
Services Accounting Codes (SAC Codes) 996532 is used for the Space transport services of freight 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) 996532 - 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 32 represent the detailed nature of service, Space transport services of freight in this case.
Explanation Of SAC CODE - 996532
This service code includes space transportation of freight; launching and placing of
satellites in space etc.