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SAC CODE - 998554 : Reservation services for event tickets, cinema halls, entertainment and recreational services and other reservation services
GST RATE ON SAC CODE - 998554 IS 18%
Services Accounting Codes (SAC Codes) 998554 is used for the Reservation services for event tickets, cinema halls, entertainment and recreational services and other reservation 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) 998554 - 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 54 represent the detailed nature of service, Reservation services for event tickets, cinema halls, entertainment and recreational services and other reservation services in this case.