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SAC CODE - 997322 : Leasing or rental services concerning video tapes and disks (Home entertainment equipment )
GST RATE ON SAC CODE - 997322 IS 18%
Services Accounting Codes (SAC Codes) 997322 is used for the Leasing or rental services concerning video tapes and disks (Home entertainment equipment ) under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Leasing or rental services with or without operator.
How Services Accounting Codes (SAC Codes) 997322 - 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 73 represent the major nature of service, Leasing or rental services with or without operator in this case.
The next two digits 22 represent the detailed nature of service, Leasing or rental services concerning video tapes and disks (Home entertainment equipment ) in this case.
Explanation Of SAC CODE - 997322
- leasing, renting or hiring services concerning pre-recorded videotapes, CD's and DVDs for use in home entertainment equipment, predominantly for home entertainment
- leasing, renting or hiring services concerning video games