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SAC CODE - 998722 : Repair services of watches, clocks and jewellery
GST RATE ON SAC CODE - 998722 IS 18%
SAC CODE | Description |
---|---|
9987 | Maintenance, repair and installation (except construction) services |
99872 | Repair services of other goods |
998722 | Repair services of watches, clocks and jewellery |
Services Accounting Codes (SAC Codes) 998722 is used for the Repair services of watches, clocks and jewellery 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) 998722 - 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 22 represent the detailed nature of service, Repair services of watches, clocks and jewellery in this case.