Explore SAC Code of thousands of services.
SAC CODE - 999132 : Administrative services related to government employee pension schemes; old-age disability or survivors' benefit schemes, other than for government employees
GST RATE ON SAC CODE - 999132 IS 18%
Services Accounting Codes (SAC Codes) 999132 is used for the Administrative services related to government employee pension schemes; old-age disability or survivors' benefit schemes, other than for government employees 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) 999132 - 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 32 represent the detailed nature of service, Administrative services related to government employee pension schemes; old-age disability or survivors' benefit schemes, other than for government employees in this case.
Explanation Of SAC CODE - 999132
- public administrative services related to government employee pension schemes and for old-age, disability or survivors' benefits other than for government employees
- administrative and operational services related to retirement, pension and disability schemes for government employees and their survivors, including government social assistance schemes to compensate for permanent loss of income due to partial or full disablement