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SAC CODE - 996742 : Operation services of National Highways, State Highways, Expressways, Roads & streets; bridges and tunnel operation services.
GST RATE ON SAC CODE - 996742 IS 18%
Services Accounting Codes (SAC Codes) 996742 is used for the Operation services of National Highways, State Highways, Expressways, Roads & streets; bridges and tunnel operation 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) 996742 - 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 42 represent the detailed nature of service, Operation services of National Highways, State Highways, Expressways, Roads & streets; bridges and tunnel operation services. in this case.