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SAC CODE - 997224 : Real estate appraisal services on a fee/commission basis or contract basis
GST RATE ON SAC CODE - 997224 IS 18%
| SAC CODE | Description |
|---|---|
| 9972 | Real estate services |
| 99722 | Real estate services on a fee/commission basis or contract basis |
| 997224 | Real estate appraisal services on a fee/commission basis or contract basis |
Services Accounting Codes (SAC Codes) 997224 is used for the Real estate appraisal services on a fee/commission basis or contract basis under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Real estate services.
How Services Accounting Codes (SAC Codes) 997224 - 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 72 represent the major nature of service, Real estate services in this case.
The next two digits 24 represent the detailed nature of service, Real estate appraisal services on a fee/commission basis or contract basis in this case.
Explanation Of SAC CODE - 997224
- appraisal of residential buildings and land, non-residential buildings and land, and residential and non-residential vacant land on a fee or contract basis