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SAC CODE - 998541 : Parcel packing and gift wrapping
GST RATE ON SAC CODE - 998541 IS 18%
| SAC CODE | Description |
|---|---|
| 9985 | Support services |
| 99854 | Packaging services |
| 998541 | Parcel packing and gift wrapping |
Services Accounting Codes (SAC Codes) 998541 is used for the Parcel packing and gift wrapping 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) 998541 - 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 41 represent the detailed nature of service, Parcel packing and gift wrapping in this case.
Explanation Of SAC CODE - 998541
This service code includes packaging of goods for others, such as food products, pharmaceuticals, household cleaners, toilet preparations and hardware, using a variety of automated or manual packaging techniques, including blister forming and packaging, shrink or skin wrapping, form filling and sealing, pouch filling, bottling and aerosol packaging. This service may also include the labelling or imprinting of the package.