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SAC CODE - 998343 : Mineral exploration and evaluation

GST RATE ON SAC CODE - 998343 IS 18%


Services Accounting Codes (SAC Codes) 998343 is used for the Mineral exploration and evaluation 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) 998343 - 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 43 represent the detailed nature of service, Mineral exploration and evaluation in this case.

Explanation Of SAC CODE - 998343

This service code includes mineral exploration and evaluation information, obtained on own account basis

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