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SAC CODE - 996601 : Rental services of road vehicles including buses, coaches, cars, trucks and other motor vehicles, with or without operator

GST RATE ON SAC CODE - 996601 IS 18%


SAC CODE Description
9966Rental services of transport vehicles with or without operators
99660Rental services of transport vehicles with or without operators
996601Rental services of road vehicles including buses, coaches, cars, trucks and other motor vehicles, with or without operator

Services Accounting Codes (SAC Codes) 996601 is used for the Rental services of road vehicles including buses, coaches, cars, trucks and other motor vehicles, with or without operator under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Rental services of transport vehicles with or without operators.

How Services Accounting Codes (SAC Codes) 996601 - 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 66 represent the major nature of service, Rental services of transport vehicles with or without operators in this case.

The next two digits 01 represent the detailed nature of service, Rental services of road vehicles including buses, coaches, cars, trucks and other motor vehicles, with or without operator in this case.

Explanation Of SAC CODE - 996601

This service code includesrental of buses or coaches, trucks and other motorized freight vehicles, with/without operators for a period of time, not generally dependent on distance. The renter defines how and when the vehicles will be operated, determining schedules, routes, and other operational considerations. 

This service code does not include: 
  1. local, urban and suburban bus or coach charter services :- 996413 
  2. long-distance bus or coach charter services :- 996422