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SAC CODE - 998333 : Engineering services for industrial and manufacturing projects
GST RATE ON SAC CODE - 998333 IS 18%
| SAC CODE | Description |
|---|---|
| 9983 | Other professional, technical and business services |
| 99833 | Engineering services |
| 998333 | Engineering services for industrial and manufacturing projects |
Services Accounting Codes (SAC Codes) 998333 is used for the Engineering services for industrial and manufacturing projects 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) 998333 - 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 33 represent the detailed nature of service, Engineering services for industrial and manufacturing projects in this case.
Explanation Of SAC CODE - 998333
- The application of physical laws and principles of engineering in the design, development and utilization of machines, materials, instruments, structures, processes and systems for industrial and manufacturing projects like engineering services related to industrial facilities and processes such as mining and metallurgical facilities such as mines, smelters, mills, mineral refineries, including integrated facility and process engineering projects; mining and metallurgical processes, such as mineral extraction, smelting, refining, metal forming; petroleum and petrochemical facilities such as oil and gas platforms, refineries, petrochemical plants, including integrated facility and process engineering projects; processes for the production of petroleum and petrochemicals, such as extraction, refining, formulation, mixing; microelectronics facilities and processes, such as those that produce microprocessors, silicon chips and wafers, microcircuits, and semiconductors; textile and clothing facilities and processes; iron and steel facilities and processes; other industrial and manufacturing facilities and processes, n.e.c.;
- Engineering services related to the design of industrial and manufactured products, such as industrial machinery such as agricultural, construction, mining, metalworking, commercial and service industry, heating, ventilating and air-conditioning, power transmission machinery, electronic equipment such as computers and peripheral equipment, communications equipment, audio and video equipment, semiconductors and other electronic components, electrical equipment such as lighting, major and minor appliances and components thereof, transportation equipment such as motor vehicles, aircraft, trains, marine vessels, space vehicles, industrial and manufactured products not elsewhere classified
- research and development services in engineering :- 998112
- industrial design services :- 998391