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SAC CODE - 998421 : Internet backbone services
GST RATE ON SAC CODE - 998421 IS 18%
| SAC CODE | Description |
|---|---|
| 9984 | Telecommunications, broadcasting and information supply services |
| 99842 | Internet telecommunications services |
| 998421 | Internet backbone services |
Services Accounting Codes (SAC Codes) 998421 is used for the Internet backbone 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) 998421 - 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 21 represent the detailed nature of service, Internet backbone services in this case.
Explanation Of SAC CODE - 998421
This service code includes carrier services of Internet traffic by one ISP for another ISP (generally known in the industry as peering and transit charges)