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SAC CODE - 998551 : Reservation services for transportation

GST RATE ON SAC CODE - 998551 IS 18%


Services Accounting Codes (SAC Codes) 998551 is used for the Reservation services for transportation 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) 998551 - 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 51 represent the detailed nature of service, Reservation services for transportation in this case.

Explanation Of SAC CODE - 998551

This service code includes
  1. services related to sales of transportation and related services;
  2. arranging reservations for airline tickets;
  3. arranging reservations for rail seats;
  4. reservation services for bus transportation; arranging reservations for rental cars;
  5. reservation services for ferry transportation; reservation services for airport shuttle transportation; all other transportation reservation services, n.e.c.
Note: These services include obtaining a client's requirements, advising on alternatives, assisting in the client's choice and may include issuance of tickets on behalf of the service provider. They are often provided in person, by telephone or over the Internet. Respective reselling services are also included.

The reservations can be for domestic and international transport.

This service code does not include:
  1. reservation services for cruises :- 998552