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SAC CODE - 998821 : Textile manufacturing services

GST RATE ON SAC CODE - 998821 IS 18%


Services Accounting Codes (SAC Codes) 998821 is used for the Textile manufacturing services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Manufacturing services on physical inputs (goods) owned by others.

How Services Accounting Codes (SAC Codes) 998821 - 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 88 represent the major nature of service, Manufacturing services on physical inputs (goods) owned by others in this case.

The next two digits 21 represent the detailed nature of service, Textile manufacturing services in this case.

Explanation Of SAC CODE - 998821

This service code includes textile fibre manufacturing services, textile weaving services, textile finishing services, knitted and crocheted fabric manufacturing services, made-up textile article manufacturing services, carpet and rug manufacturing services, cordage, rope, twine and netting manufacturing services and other textile manufacturing services n.e.c.