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SAC CODE - 996911 : Electricity transmission services
GST RATE ON SAC CODE - 996911 IS NIL
| SAC CODE | Description |
|---|---|
| 9969 | Electricity, gas, water and other distribution services |
| 99691 | Electricity and gas distribution services |
| 996911 | Electricity transmission services |
Services Accounting Codes (SAC Codes) 996911 is used for the Electricity transmission services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Electricity, gas, water and other distribution services.
How Services Accounting Codes (SAC Codes) 996911 - 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 69 represent the major nature of service, Electricity, gas, water and other distribution services in this case.
The next two digits 11 represent the detailed nature of service, Electricity transmission services in this case.
Explanation Of SAC CODE - 996911
This service code includes services involving transmission of electricity