Explore SAC Code of thousands of services.
SAC CODE - 999123 : Services related to foreign military aid
GST RATE ON SAC CODE - 999123 IS 18%
Services Accounting Codes (SAC Codes) 999123 is used for the Services related to foreign military aid under Goods and Service Tax classification. SAC (Services Accounting Code) are used for the identification of the service. This service comes under heading Public administration and other services provided to the community as a whole; compulsory social security services.
How Services Accounting Codes (SAC Codes) 999123 - 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 91 represent the major nature of service, Public administration and other services provided to the community as a whole; compulsory social security services in this case.
The next two digits 23 represent the detailed nature of service, Services related to foreign military aid in this case.
Explanation Of SAC CODE - 999123
- administrative services by government offices, bureaux and programme units concerning military aid missions accredited to foreign governments or attached to international military organizations or alliances
- public administrative services related to grants and loans for military aid
- public administrative services related to contributions to international peacekeeping forces, including the assignment of manpower