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SAC CODE - 998552 : Reservation services for accommodation, cruises and package tours
GST RATE ON SAC CODE - 998552 IS 18%
| SAC CODE | Description |
|---|---|
| 9985 | Support services |
| 99855 | Travel arrangement, tour operator and related services |
| 998552 | Reservation services for accommodation, cruises and package tours |
Services Accounting Codes (SAC Codes) 998552 is used for the Reservation services for accommodation, cruises and package tours 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) 998552 - 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 52 represent the detailed nature of service, Reservation services for accommodation, cruises and package tours in this case.
Explanation Of SAC CODE - 998552
This service code includes arranging reservations for accommodation services for domestic accommodation, accommodation abroad, arranging for the direct exchange of residential property such as homes or apartments/flats; exchange and reservation services (often based on points) for owners of time-share units but does not include sale of time-shares on a fee or contract basis :- 997222; arranging reservations for cruise bookings both for cruises of one day or less and cruises of more than one day; arranging reservations for package tours for domestic package tours and international package tours