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SAC CODE - 998414 : Private network services

GST RATE ON SAC CODE - 998414 IS 18%


Services Accounting Codes (SAC Codes) 998414 is used for the Private network services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Telecommunications, broadcasting and information supply services.

How Services Accounting Codes (SAC Codes) 998414 - 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 84 represent the major nature of service, Telecommunications, broadcasting and information supply services in this case.

The next two digits 14 represent the detailed nature of service, Private network services in this case.

Explanation Of SAC CODE - 998414

This service code includes provision of wired or wireless telecommunication links between specified points for the exclusive use of the client

This service code does not include:
  1. provision of private links by a telecommunication carrier to a telecommunication service provider :- 998411