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SAC CODE - 998591 : Credit reporting & rating services
GST RATE ON SAC CODE - 998591 IS 18%
| SAC CODE | Description |
|---|---|
| 9985 | Support services |
| 99859 | Other support services |
| 998591 | Credit reporting & rating services |
Services Accounting Codes (SAC Codes) 998591 is used for the Credit reporting & rating 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) 998591 - 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 91 represent the detailed nature of service, Credit reporting & rating services in this case.
Explanation Of SAC CODE - 998591
This service code includes services consisting of the reporting of credit ratings of persons and businesses; evaluation of the financial status and credit experience of prospective customers, of loan applicants, etc; credit investigation services