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SAC CODE - 997159 : Other services auxiliary to financial services
GST RATE ON SAC CODE - 997159 IS 18%
SAC CODE | Description |
---|---|
9971 | Financial and related services |
99715 | Services auxiliary to financial services (other than to insurance and pensions) |
997159 | Other services auxiliary to financial services |
Services Accounting Codes (SAC Codes) 997159 is used for the Other services auxiliary to financial 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) 997159 - 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 59 represent the detailed nature of service, Other services auxiliary to financial services in this case.
Explanation Of SAC CODE - 997159
This service code includes mortgage and loan brokerage services
This service code does not include
- coin and currency package services :- 998542