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SAC CODE - 997329 : Leasing or rental services concerning other goods
GST RATE ON SAC CODE - 997329 IS 18%
| SAC CODE | Description |
|---|---|
| 9973 | Leasing or rental services with or without operator |
| 99732 | Leasing or rental services concerning other goods |
| 997329 | Leasing or rental services concerning other goods |
Services Accounting Codes (SAC Codes) 997329 is used for the Leasing or rental services concerning other goods 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) 997329 - 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 29 represent the detailed nature of service, Leasing or rental services concerning other goods in this case.
Explanation Of SAC CODE - 997329
This service code includes:
- leasing or rental services concerning books, journals and magazines, cameras, photo equipment, binoculars and other optical goods, flowers and plants, watches and clocks, etc., musical instruments
- leasing, renting or hiring services concerning medical equipment (crutches) and paramedical equipment
- renting of equipment for parties and other social events, such as weddings