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SAC CODE - 997156 : Financial consultancy services
GST RATE ON SAC CODE - 997156 IS 18%
| SAC CODE | Description |
|---|---|
| 9971 | Financial and related services |
| 99715 | Services auxiliary to financial services (other than to insurance and pensions) |
| 997156 | Financial consultancy services |
Services Accounting Codes (SAC Codes) 997156 is used for the Financial consultancy 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) 997156 - 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 56 represent the detailed nature of service, Financial consultancy services in this case.
Explanation Of SAC CODE - 997156
This service code includes financial advisory services, market analysis and intelligence
This service code does not include:
- insurance and pension consultancy services :- 997169
- mergers and acquisitions services :- 997151
- corporate finance and venture capital services :- 997151
- portfolio management services (except pension funds) :- 997153
- trust and custody services :- 997154
- pension fund management services :- 997164
- advisory services on taxation matters :- 99823
- financial management consulting services (except business tax) :- 998311