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SAC CODE - 996731 : Railway pushing or towing services
GST RATE ON SAC CODE - 996731 IS 18%
| SAC CODE | Description |
|---|---|
| 9967 | Supporting services in transport |
| 99673 | Supporting services for railway transport |
| 996731 | Railway pushing or towing services |
Services Accounting Codes (SAC Codes) 996731 is used for the Railway pushing or towing 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) 996731 - 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 31 represent the detailed nature of service, Railway pushing or towing services in this case.
Explanation Of SAC CODE - 996731
This service code includes railway pushing or towing services, i.e. the movement
of railway cars or wagons between terminal yards, industrial sidings and the like