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SAC CODE - 998513 : Contract staffing services

GST RATE ON SAC CODE - 998513 IS 18%


Services Accounting Codes (SAC Codes) 998513 is used for the Contract staffing services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Support services.

How Services Accounting Codes (SAC Codes) 998513 - 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 85 represent the major nature of service, Support services in this case.

The next two digits 13 represent the detailed nature of service, Contract staffing services in this case.

Explanation Of SAC CODE - 998513

This service code includes finding individual contractors to fill positions on the basis of written contracts that stipulate the deliverables for which the client has contracted, as well as specific terms and conditions of employment

Note: Under the terms of this agreement, the service provider has legal rights and duties with respect to the individual contractors. The individual contractors are normally responsible for their own payroll deductions and government filings.