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SAC CODE - 998933 : Metal forging, pressing, stamping, roll forming and powder metallurgy services
GST RATE ON SAC CODE - 998933 IS 18%
Services Accounting Codes (SAC Codes) 998933 is used for the Metal forging, pressing, stamping, roll forming and powder metallurgy 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) 998933 - 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 33 represent the detailed nature of service, Metal forging, pressing, stamping, roll forming and powder metallurgy services in this case.