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SAC CODE - 996921 : Water distribution services

GST RATE ON SAC CODE - 996921 IS 18%


Services Accounting Codes (SAC Codes) 996921 is used for the Water distribution 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) 996921 - 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 21 represent the detailed nature of service, Water distribution services in this case.

Explanation Of SAC CODE - 996921

This service code includes distribution of water through mains, by trucks or other means.