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SAC CODE - 998392 : Design originals

GST RATE ON SAC CODE - 998392 IS 18%


Services Accounting Codes (SAC Codes) 998392 is used for the Design originals 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) 998392 - 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 92 represent the detailed nature of service, Design originals in this case.

Explanation Of SAC CODE - 998392

This service code includes original design concepts, produced on own account, industrial product designs; aesthetic designs; graphic designs

Note: This intellectual property product is typically produced with the intent to sell or license the information to others.