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SAC CODE - 996711 : Container handling services
GST RATE ON SAC CODE - 996711 IS 18%
| SAC CODE | Description |
|---|---|
| 9967 | Supporting services in transport |
| 99671 | Cargo handling services |
| 996711 | Container handling services |
Services Accounting Codes (SAC Codes) 996711 is used for the Container handling services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Supporting services in transport.
How Services Accounting Codes (SAC Codes) 996711 - 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 67 represent the major nature of service, Supporting services in transport in this case.
The next two digits 11 represent the detailed nature of service, Container handling services in this case.
Explanation Of SAC CODE - 996711
This service code includes cargo handling services for containerized freight;
services of container freight terminal facilities for all modes of transport, including
stevedoring services (i.e. loading, unloading and discharging of vessels'
containerized freight, at ports)