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SAC CODE - 998731 : Installation services of fabricated metal products, except machinery and equipment.
GST RATE ON SAC CODE - 998731 IS 18%
Services Accounting Codes (SAC Codes) 998731 is used for the Installation services of fabricated metal products, except machinery and equipment. 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) 998731 - 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 31 represent the detailed nature of service, Installation services of fabricated metal products, except machinery and equipment. in this case.