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SAC CODE - 998363 : Sale of advertising space in print media (except on commission)
GST RATE ON SAC CODE - 998363 IS 5%
Services Accounting Codes (SAC Codes) 998363 is used for the Sale of advertising space in print media (except on commission) 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) 998363 - 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 63 represent the detailed nature of service, Sale of advertising space in print media (except on commission) in this case.