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SAC CODE - 998443 : News agency services to audiovisual media

GST RATE ON SAC CODE - 998443 IS 18%


Services Accounting Codes (SAC Codes) 998443 is used for the News agency services to audiovisual media 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) 998443 - 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 43 represent the detailed nature of service, News agency services to audiovisual media in this case.

Explanation Of SAC CODE - 998443

This service code includes gathering, investigating and supply services of news (manuscripts, photos, images) to radio or television stations and movie companies; services rendered by independent journalists of audiovisual media and press cameramen