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SAC CODE - 998314 : Information technology (IT) design and development services
GST RATE ON SAC CODE - 998314 IS 18%
Services Accounting Codes (SAC Codes) 998314 is used for the Information technology (IT) design and development services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Other professional, technical and business services.
How Services Accounting Codes (SAC Codes) 998314 - 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 83 represent the major nature of service, Other professional, technical and business services in this case.
The next two digits 14 represent the detailed nature of service, Information technology (IT) design and development services in this case.
Explanation Of SAC CODE - 998314
- provision of technical expertise to design and/or develop an IT solution such as custom applications, networks, and computer systems;
- services of designing the structure and/or writing the computer code necessary to create and/or implement a software application, such as designing the structure and content of a web page and/or writing the computer code necessary to create and implement a web page, designing the structure and content of a database and/or writing the computer code necessary to create and implement a database, designing the structure and writing the computer code necessary to design and develop a custom software application, customization and integration, adapting (modifying, configuring, etc.) and installing an existing application so that it is functional within the clients' information system environment;
- designing, developing and implementing customer's networks such as intranets, extranets and virtual private networks; network security design and development services, i.e. designing, developing and implementing software, hardware and procedures to control access to data and programs and to allow for the safe exchange of information over a network;
- combined service of assessing an organization's computer requirements, advising on hardware and software acquisitions, developing system specification and putting the new system in place;
- computer systems integration services, i.e. an analysis of the client's current computer system, present and future computing requirements, the purchase of new equipment and software, and the integration of the new and old systems components to create a new integrated system;
- software originals (i.e. a set of instructions that is to be used in a computing device in order to bring about a specific result), which can be protected and licensed as intellectual property
- service contracts where the design and development of a web page is bundled with the hosting of the web page :- 998315
- service contracts where the design and development of the application is bundled with the hosting and management of the application on an ongoing basis :- 998315
- service contracts where the design and development of a database is bundled with the ongoing management of the data holdings :- 998315
- services of day-to-day management of the client's network :- 998316
- wholesale and retail sale services of software :- 996111, 996211