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SAC CODE - 996722 : Bulk liquid or gas storage services
GST RATE ON SAC CODE - 996722 IS 18%
| SAC CODE | Description |
|---|---|
| 9967 | Supporting services in transport |
| 99672 | Storage and warehousing services |
| 996722 | Bulk liquid or gas storage services |
Services Accounting Codes (SAC Codes) 996722 is used for the Bulk liquid or gas storage 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) 996722 - 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 22 represent the detailed nature of service, Bulk liquid or gas storage services in this case.
Explanation Of SAC CODE - 996722
This service code includes bulk storage and warehousing services for liquids and
gases, including oil and oil products, wine and the like.