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SAC CODE - 997144 : Marine, aviation and other transport reinsurance ser
GST RATE ON SAC CODE - 997144 IS 18%
| SAC CODE | Description |
|---|---|
| 9971 | Financial and related services |
| 99714 | Reinsurance services |
| 997144 | Marine, aviation and other transport reinsurance ser |
Services Accounting Codes (SAC Codes) 997144 is used for the Marine, aviation and other transport reinsurance ser under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Financial and related services.
How Services Accounting Codes (SAC Codes) 997144 - 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 71 represent the major nature of service, Financial and related services in this case.
The next two digits 44 represent the detailed nature of service, Marine, aviation and other transport reinsurance ser in this case.
Explanation Of SAC CODE - 997144
This service code includes reinsurance services for marine, aviation and other transport insurance policies