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SAC CODE - 996929 : Other similar services.
GST RATE ON SAC CODE - 996929 IS 18%
| SAC CODE | Description |
|---|---|
| 9969 | Electricity, gas, water and other distribution services |
| 99692 | Water distribution and other services |
| 996929 | Other similar services. |
Services Accounting Codes (SAC Codes) 996929 is used for the Other similar 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) 996929 - 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 29 represent the detailed nature of service, Other similar services. in this case.