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SAC CODE - 998542 : Coin and currency packing services

GST RATE ON SAC CODE - 998542 IS 18%


Services Accounting Codes (SAC Codes) 998542 is used for the Coin and currency packing 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) 998542 - 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 42 represent the detailed nature of service, Coin and currency packing services in this case.

Explanation Of SAC CODE - 998542

This service code includes parcel packing and gift wrapping