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SAC CODE - 998717 : Maintenance and repair services of commercial and industrial machinery.
GST RATE ON SAC CODE - 998717 IS 18%
Services Accounting Codes (SAC Codes) 998717 is used for the Maintenance and repair services of commercial and industrial machinery. under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Maintenance, repair and installation (except construction) services.
How Services Accounting Codes (SAC Codes) 998717 - 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 87 represent the major nature of service, Maintenance, repair and installation (except construction) services in this case.
The next two digits 17 represent the detailed nature of service, Maintenance and repair services of commercial and industrial machinery. in this case.
Explanation Of SAC CODE - 998717
- maintenance and repair services of domestic boilers and burners :- 995463 and elevators, goods lifts, escalators and moving pavements :- 998718