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SAC CODE - 999124 : Military defence services
GST RATE ON SAC CODE - 999124 IS 18%
Services Accounting Codes (SAC Codes) 999124 is used for the Military defence services 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) 999124 - 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 24 represent the detailed nature of service, Military defence services in this case.
Explanation Of SAC CODE - 999124
- administrative, operational and supervisory services related to military defence and forces: land, sea, air and space defence forces;
- military engineering, transport, communications;
- military intelligence; material, personnel, and other non-combat forces and commands;
- reserve and auxiliary forces attached to the department of defence;
- services related to the provision of equipment, structures, supplies, etc., plus health services for military personnel in the field administrative and support services related to defence-related applied research and experimental development.