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SAC CODE - 998932 : Non-ferrous metal casting services

GST RATE ON SAC CODE - 998932 IS 18%


Services Accounting Codes (SAC Codes) 998932 is used for the Non-ferrous metal casting services under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Other manufacturing services; publishing, printing and reproduction services; materials recovery services.

How Services Accounting Codes (SAC Codes) 998932 - 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 89 represent the major nature of service, Other manufacturing services; publishing, printing and reproduction services; materials recovery services in this case.

The next two digits 32 represent the detailed nature of service, Non-ferrous metal casting services in this case.

Explanation Of SAC CODE - 998932

This service code includes casting services of light metals and other non-ferrous metals

Note: The resulting intermediate casting products are typically not identifiable in the Harmonized Commodity Description and Coding System based on their future use.