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SAC CODE - 997323 : Leasing or rental services concerning furniture and other household appliances
GST RATE ON SAC CODE - 997323 IS 18%
Services Accounting Codes (SAC Codes) 997323 is used for the Leasing or rental services concerning furniture and other household appliances 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) 997323 - 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 23 represent the detailed nature of service, Leasing or rental services concerning furniture and other household appliances in this case.
Explanation Of SAC CODE - 997323
- leasing, renting or hiring services concerning furniture (incl. mattresses and mattress supports), household appliances, whether or not electrical, such as refrigerators, washing machines, room air- conditioners, fans, toasters, mixers, kitchen and tableware, etc.
- leasing, renting or hiring services concerning crockery, cutlery, ornaments