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SAC CODE - 998523 : Security systems services

GST RATE ON SAC CODE - 998523 IS 18%


Services Accounting Codes (SAC Codes) 998523 is used for the Security systems 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) 998523 - 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 23 represent the detailed nature of service, Security systems services in this case.

Explanation Of SAC CODE - 998523

This service code includes monitoring and maintaining security systems devices, such as burglar and fire alarms, by receiving alarm signals, confirming or checking that all systems are properly functioning, and dispatching police officers, fire department or other designated parties