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SAC CODE - 997324 : Leasing or rental services concerning pleasure and leisure equipment.

GST RATE ON SAC CODE - 997324 IS 18%


SAC CODE Description
9973Leasing or rental services with or without operator
99732Leasing or rental services concerning other goods
997324Leasing or rental services concerning pleasure and leisure equipment.

Services Accounting Codes (SAC Codes) 997324 is used for the Leasing or rental services concerning pleasure and leisure 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) 997324 - 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 24 represent the detailed nature of service, Leasing or rental services concerning pleasure and leisure equipment. in this case.

Explanation Of SAC CODE - 997324

This service code includes:
leasing, renting or hiring services concerning pleasure and leisure equipment, such as bicycles, snow skis, ice skates, gliders, hang gliders, water sports equipment (e.g., surfboards, water-skis), pleasure craft (canoes, sailboat and other pleasure boats), other sport equipment (e.g., golf clubs, equipment for playing field games, racquet games, etc.), saddle-horses, camping equipment, etc.