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SAC CODE - 998334 : Engineering services for transportation projects

GST RATE ON SAC CODE - 998334 IS 18%


Services Accounting Codes (SAC Codes) 998334 is used for the Engineering services for transportation 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) 998334 - 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 34 represent the detailed nature of service, Engineering services for transportation projects in this case.

Explanation Of SAC CODE - 998334

This service code includes the application of physical laws and principles of engineering in the design, development and utilization of machines, materials, instruments, structures, processes and systems for transportation infrastructure projects like engineering services (including provision of designs, plans, and studies) related to highways, roads and streets, including elevated highways used for motor vehicle traffic; bridges and tunnels; ancillary road transport facilities such as rest stops, weigh stations, toll booths; mass transit systems, such as light rail or subway systems; railways and related structures; railway bridges and tunnels; marine and inland ports; harbours, locks, canals, and dams primarily used for transportation purposes; airports, runways, hangars; other aviation facilities; space transportation projects; oil and gas transportation projects; other transportation projects n.e.c.