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SAC CODE - 998339 : Project management services for construction projects
GST RATE ON SAC CODE - 998339 IS 18%
| SAC CODE | Description |
|---|---|
| 9983 | Other professional, technical and business services |
| 99833 | Engineering services |
| 998339 | Project management services for construction projects |
Services Accounting Codes (SAC Codes) 998339 is used for the Project management services for construction 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) 998339 - 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 39 represent the detailed nature of service, Project management services for construction projects in this case.
Explanation Of SAC CODE - 998339
This service code includes services of assuming overall responsibility for the successful completion of a construction project on behalf of a client, including organizing the financing and the design, requesting tenders, and performing management and control functions; project management services provided by engineers or architects
This service code does not include:
- general construction services :- 99541, 99542.