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SAC CODE - 998892 : Jewellery manufacturing services
GST RATE ON SAC CODE - 998892 IS 18%
| SAC CODE | Description |
|---|---|
| 9988 | Manufacturing services on physical inputs (goods) owned by others |
| 99889 | Other manufacturing services |
| 998892 | Jewellery manufacturing services |
Services Accounting Codes (SAC Codes) 998892 is used for the Jewellery 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) 998892 - 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 92 represent the detailed nature of service, Jewellery manufacturing services in this case.