Browse SAC Code
Explore SAC Code of thousands of services.
SAC CODE - 997145 : services
GST RATE ON SAC CODE - 997145 IS 18%
| SAC CODE | Description |
|---|---|
| 9971 | Financial and related services |
| 99714 | Reinsurance services |
| 997145 | services |
Services Accounting Codes (SAC Codes) 997145 is used for the services 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) 997145 - 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 45 represent the detailed nature of service, services in this case.
Explanation Of SAC CODE - 997145
This service code includes reinsurance services for freight insurance policies