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SAC CODE - 998434 : Software downloads

GST RATE ON SAC CODE - 998434 IS 18%


Services Accounting Codes (SAC Codes) 998434 is used for the Software downloads 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) 998434 - 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 34 represent the detailed nature of service, Software downloads in this case.

Explanation Of SAC CODE - 998434

This service code includes electronic files containing system software that can be downloaded and stored on a local device for later execution/installation; electronic files containing application software that can be downloaded and stored on a local device for later execution/installation